Account Opening

How can services of a depository be availed? To avail the services of a depository an investor is required to open an account with a depository participant of any depository. How can one open an account? Why should an investor give his bank account details at the time of account opening? Can an investor change the details of his bank account? What should be done if the address of the investor changes? Can multiple accounts be opened? Does the investor have to keep any minimum balance of securities in his/her accounts? Is it necessary to have account with the same DP as broker has? Can an investor open a single account for securities owned in different ownership patterns such as securities owned individually and securities owned jointly with others? What is required to be done if one has physical certificates with the same combination of names, but the sequence of names is different i.e. some certificates with ‘A’ as first holder and ‘B’ as second holder and other set of certificates with ‘B’ as first holder and ‘A’ as the second holder? Can an investor operate a joint account on ‘either or survivor’ basis just like a bank account? Can someone else operate the account on behalf of the BO on the basis of a power of attorney? Can addition or deletion of names of accountholders is permitted after opening the account? Can addition or deletion of names of accountholders is permitted after opening the account? Can an investor close his demat account with one DP and transfer all securities to another account with another DP? What would be the charges for account closure and securities transfer due to account closing? Whether investors can freeze or lock their accounts?