Question:

Can the existing corporate demat account of India HDFC Bank be continued in case of a name change?

by Guest22723047  |  1 year, 3 month(s) ago

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I have corporate demand account in India HDFC Bank. Can the existing corporate demat account of India HDFC Bank be continued in case of a name change?

 Tags: account, bank, Change, continued, Corporate, demat, existing, HDFC, India, name

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1 ANSWERS

  1. Banking Expert
    No, a new demat account needs to be opened in the changed name, securities are to be transferred from the old account to the new account and the old account needs to be closed.

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