Do I need to have savings account with Axis Bank for availing demat facility? (2)

It is proffered for customer to open Savings Bank a/c with Axis bank, trading & demat a/c with Axis Securitis for seamless trading experience.

Providing bank account details at the time of demat account opening is mandatory. These bank details are communicated to issuer companies / RTAs for the purpose of crediting any amount payable to you (such as dividend, interest or maturity payment or redemption amount) directly in your bank account..