Axis Bank is a registered member of NSDL and is enrolled as a Depository Participant. You can avail of a host of depository services in India by just opening an account with NSDL through Axis Bank. If you are holding physical share certificates, you can convert them into electronic (dematerialized) holdings through Axis Bank’s Depository Service.
Axis Bank’s Depository Services holds your dematerialized shares in electronic form, offers settlement of trades, electronic credit of public offerings, rights, bonus shares, etc.