Change of address
Bank details on Dividend Warrants
Unclaimed Dividends & Issue of Duplicate Dividend Warrants
Dematerialization of Shares
Bank details for Electronic Shareholdings
Transfer of Shares
Loss of share certificates and issue of duplicate share Certificates
Transmission of Shares
Splitting of share certificates
Consolidation of share certificates
Renewal of certificates (issue of fresh certificates in lieu of torn or
Every shareholder of the Bank may, at any time,
nominate in the prescribed manner, a person to whom his / her shares in the
Bank shall vest in the event of his/her death. Where more than one person holds
the shares jointly, the joint holders may together nominate, in the prescribed
manner, a person to whom all the rights in the shares of the Bank shall vest in
the event of death of all the joint holders. Nomination Form (Form 2B)
downloaded from here.
Accordingly, the shareholders holding the shares in physical form can avail the
nomination facility by filling the duly filled in Form 2B with the Bank or with
the Registrars and transfer Agents of the Bank at the following address: M/s.
Karvy Computeshare (P) Ltd., Unit: SyndicateBank, Plot No. 17 to 24, Vithalrao
Nagar, Madhapur, Hyderabad – 500081
Change of address:
If you change your address, kindly notify your new
address to the Investor Relations Centre of the Bank/our Registrars & Transfer
Agents of our Bank to enable it to take your new address on our record. Any
delay in such intimation or in the absence of any such intimation will lead to
your dividend warrants, annual reports and various communications being
returned undelivered in post.
Any intimation of change of address should be signed by the sole or the first
joint holder of shares. If there is a material variation in signature from that
registered with the Bank, the signature on the letter should be attested by the
Bank details on Dividend Warrants:
If you have not opted for the ECS
facility or in case the location of the Bank / Branch indicated by you is not
among the centres covered by ECS facility and desire to incorporate your bank
details on the dividend warrant, kindly furnish the particulars. We wish to
assure you that our dividend warrants incorporating your name and particulars
of your Bank Account, will be mailed directly to your address. Kindly be rest
assured that the information provided by you will be kept confidential and will
be used only for the purpose of remittance of your dividend.
In order to provide protection against fraudulent encashment of dividend
warrants, Shareholders are requested to provide, if not provided earlier, their
Bank Account numbers, names and addresses of the bank branches, quoting their
Folio numbers, to the Investor Relations Centre of the Bank/our Registrars M/s.
Karvy Computershare Pvt Ltd, Hyderabad to enable us to incorporate the same on
their dividend warrants.
Electronic Clearing Service (ECS) for remittance of dividend:
to avoid the postal delay, loss in transit, fraudulent encashment by third
parties, etc., Bank has made available ECS facility for payment of Dividend /
Interest etc., that ensures timely credit of dividends directly into the Bank
account of the shareholders. This facility is available for remittance of
dividend warrants for amounts upto Rs. 1,00,000.At present, ECS facility is
available in respect of the following centres:
1. Agra 2. Ahmedabad 3. Allahabad 4. Amritsar 5. Bhopal 6. Bangalore 7.
Bhubaneshwar 8. Chandigarh 9.Chennai 10. Coimbatore 11. Dehradun 12. Durgapur
13. Faridabad 14. Ghaziabad 15. Guwahati 16. Hubli 17. Hyderabad 18 Indore 19.
Jamshedpur 20. Jaipur 21. Kanpur 22. Kochi 23. Kolhapur 24. Kolkata 25. Lucknow
26. Ludhiana 27. Madurai 28. Mangalore 29. Mumbai 30. Nagpur 31. Nashik 32. New
Delhi 33. Panaji 34. Patna 35. Pune 36. Rajkot 37. Siliguri 38. Shimla 39.
Surat 40. Tiruchirapalli 41. Thiruvananthapuram 42. Trichur 43. Vadodara 44.
Varanasi 45. Vijayawada 46. Visakhapatnam.
The shareholders are requested to avail this facility. Duly filled in ECS forms
can be sent directly to our Registrars & Share Transfer Agents at the following
address: M/s. Karvy Computeshare (P) Ltd., Unit:SyndicateBank, Plot No. 17 to
24, Vithalrao Nagar, Madhapur, Hyderabad – 500081. ECS Application Form
downloaded from here.
It is also available with our Registrar & Share Transfer Agents M/s. Karvy
Computershare Pvt Ltd, Hyderabad/our Investor Relations Centre, Bangalore. You
may submit the duly completed ECS Application form along with a copy of your
Bank's cheque. You may use the same form for notifying any change in the
particulars of your Bank Account. Kindly ensure that any such change should be
notified at least one month before remittance of dividend through ECS. After
remittance of dividend through ECS, we shall send you an intimation furnishing
details of payment made through ECS for your information and record.
Unclaimed Dividend & Issue of Duplicate Dividend Warrants:
If any of our
shareholders have not received their dividend remittances, kindly write to our
Investor Relations Centre/our Registrars and Transfer Agents, M/s. Karvy
Computershare Pvt Ltd, Hyderabad by e-mail or fax. You can also download
Indemnity Bond Form
to apply for issue of Duplicate Dividend warrant
and send the filled-up form to our Investor Relations Centre/our Registrars and
Transfer Agents, M/s. Karvy Computershare Pvt Ltd, Hyderabad.
Indemnity Bonds for issue of Duplicate Dividend warrants may be executed on a plain paper (Non-Judicial Stamp Paper [NJS] not required) in respect of Dividends not execeeding Rs.1000.00 per warrant. In respect of Dividends exceeding Rs.1000.00 Indemnity Bonds are to be executed on a NJS of Rs.20.00
Dematerialization of shares:
The Bank has entered into an agreement with
National Securities Depository Ltd.(NSDL) and Central Depository
Services(India) Ltd.(CDSL) as an issuer company for dematerialization of Bank's
shares. The shareholders shall open a demat account with any of the depository
participants for dematerialization of their shares. Shareholders shall submit
their request for dematerialization through respective depository participants
to our Registrars and Share Transfer Agents M/s. Karvy Computershare Pvt Ltd,
Hyderabad for dematerialization of shares.
Bank details for Electronic Shareholdings:
While opening Accounts with
Depository Participants (DPs), you may have given your Bank Account details,
which will be used by the Bank for printing on dividend warrants or remittance
of dividend. This ensures that the dividend warrants, even if lost or stolen,
cannot be used for any purpose other than for depositing the money in the
Account specified on the dividend warrants and ensures safety for investors.
However, if you wish to receive dividend in an Account other than the one
specified while opening the Depository Account, you may change / correct Bank
Account details with your DP. Shareholders are requested to furnish complete
details of their Bank Accounts including MICR codes of their Bank to their DPs.
Transfer of shares:
Pursuant to the directive given by SEBI, trading of
our Bank shares in Dematerialised form has been made compulsory for all
investors with effect from June 26, 2000. It provides better safety and
liquidity to the shareholders. Shareholders shall dematerialise their shares to
enable them to sell their shares through stock market.
The shareholders who are holding the shares in physical form can transfer their
shares through off market by executing a transfer deed in the prescribed form.
The transferees shall submit the duly executed and filled in transfer deed
along with the original share certificates to our Registrars & Transfer Agents
M/s. Karvy Computershare Pvt Ltd, Hyderabad for transfer of shares in their
Loss of share certificates and issue of duplicate share Certificates:
loss of share certificate, a shareholder should intimate our Registrar &
Transfer Agents, M/s. Karvy Computershare Pvt Ltd, Hyderabad and send a copy of
First Information Report (FIR) obtained from the police authorities. On receipt
of FIR copy and after verifying the signature of the investor on the intimation
letter, the Share Transfer Agents will note 'Stop Transfer' against the loss of
share certificate. The Bank shall then send the text of the indemnity bond to
be executed on non-judicial stamp paper of Rs.100. After receipt of duly
executed indemnity bond and issue of a Public Notice in a newspaper, the Bank
shall arrange to issue a duplicate share certificate. Download Indemnity Bond
for issue of duplicate share certificate
Transmission of Shares:
To facilitate easier transmission of physical
shares held by small investors; the Bank has waived the requirement of
producing Probate / Letter of Administration / Succession Certificate for
shares upto 2000 or shares of market value of Rs.1,00,000 whichever is lower.
The legal heirs of the deceased shareholders who hold upto 2000 shares or
shares of market value of Rs.1,00,000 whichever is lower, need to submit the
following documents for transmitting the shares in their name (Download
Transmission Application Form
Splitting of Share Certificates:
Request for transmission.
Copy of death certificate duly notarised.
Letter of Indemnity made on appropriate non-judicial stamp paper.
An affidavit on appropriate non-judicial stamp paper.
A surety form from a person acceptable to the Bank.
(i) No Objection Certificate from the legal heir who do not object to such
transmission or (ii) Proof about indemnity of the nominee, in case of
Original Share Certificate.
If you wish to split your single share
certificate, you may send your request to the Investor Relations Centre/our
Registrars & Share Transfer Agents, M/s. Karvy Computershare Pvt Ltd, Hyderabad
together with the original share certificates.
Consolidation of shareholdings into one Folio:
The Bank provides
facility for consolidation of share certificates into one certificate. The
shareholders may write to the Investor Relations Centre/ our Registrars & Share
Transfer Agents, M/s. Karvy Computershare Pvt Ltd, Hyderabad for consolidation
of shareholdings into one folio.
Renewal of certificates:
(issue of fresh certificates in lieu of torn or
mutilated certificates) In case your share certificate is torn or mutilated,
you may surrender the share certificate(s) to our Registrars & Transfer Agents
for issue of fresh certificate(s) in lieu of such certificate(s).