| IDBI Samriddhi G-Sec Portal & G-Sec through ATM |
Q1) What are the portal Timings?
A1) Portal is available 10:00 AM TO 2:00 PM on all business days except Saturday and Sunday.
Q2) What is the deal size?
A2) Minimum deal size is Rs 10000/- in multiple of Rs 10000/- till Rs 25 Lacs per deal for transactions through Samriddhi portal.
For Transaction through ATM deal size is Rs 10000/- and Rs 20000/- only.
Q3) What are the basic requirements?
A3) Customer must have a
a) Valid Demat account
b) Bank account
c) PAN card
a) Valid Demat account
b) Bank account
c) PAN card
Q4) When the stock/fund will be credited in the customer bank account?
A4) Stock will be credited on T+1 basis in case of purchase of stocks. Funds will be credited on T+2 basis in case of sale of stocks on business days.
Q5) What are G-sec through ATM timings?
A5) G-Sec through ATM facility is available24*7.
Q6) Is G-Sec through ATM facility available to all customers?
A6) To avail the G-Sec through ATM facility customer is supposed to have bank account and demat account with IDBI BANK only.
Q7) Can customer sell the securities through ATM?
A7) At present customer can avail only purchase facility from the ATM. Customer can sell the security through IDBI Samriddhi Portal.
Q8) Can the customer avail the facility from outside India also?
A8) Since the facility is available on IDBI BANK's web site, customer can avail the facility anywhere with Internet connection.
Q9) Is G-Sec through ATM facility available on all the ATMs?
A9) G-Sec through ATM facility is available in all the IDBI BANK ATMs only.
Q10) Is there any TDS?
A10) IDBI Bank does not deduct any TDS.
Q11) Are the securities in De mat form or CSGL?
A11) Securities are in De mat form.
Q12) What are the Service Charges?
A12) Bank does not charge any service charges or brokerage. Customer can avail the facility free of cost.