Online trading in share market is gaining popularity with the advent of digital technology and ease of transaction. Now, when even some banks are providing demat and trading account, the number of retail investors are increasing day by day. This is a simple letter of application to SBI bank for opening demat and trading account. The article addresses the question of properly presenting the facts to the concerned person. The sample letter may be modified according to need and situation.
To
The Manager
SBI,
SBI Branch
SBI Address
Subject: Application for opening demat and trading account
Dear Sir/ Madam,
I hold a savings bank account in your reputed bank for the last ten years. I am interested in opening a demat and trading account in your branch. Since I already have a savings account, I hope it will be easy to link the demat and trading account with the savings account for ease of transaction.
I have enclosed the filled up application form for the said account along with other essential documents. Hence, I request you to kindly open a demat and trading account linking with my savings account at the earliest.
Here are my personal details:
Name :
Address :
SB account :
Mobile no :
This is for your kind information and necessary action.
Sincerely,
Your Name
Your Address
Enclosure:
1. 6 month bank statement
2. Xerox of 1st page of pass book
Date:
Place:
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