Kathmandu. Prabhu Capital, a merchant banker in the capital market, has launched a three-year free demat account scheme. Capital has introduced the scheme for customers who open a demat account in July.

The free demat account facility under this scheme, which is run under the slogan "Let's connect with Prabhu Capital, get free demat account for 3 years", can be availed from Prabhu Capital, Kamaladi, Kathmandu and Prabhu Bank's 210 branches across Nepal.

In order to make the process of opening an account faster, quicker and less hassle for the investors, this Capital has also launched a facility to open Demat and My Share account online.

After opening the online form from Capital's domain and submitting the form with all the required details, the customer will have to verify the account in person with his / her original citizenship at the nearest Prabhu Bank branch or Prabhu Capital's office in Kamaladi. Capital has arranged for the customer to get the demat number within 2 hours of verifying the demat account application submitted online.