29-03-2024 13:46 Home | Feedback | Sitemap| Careers | Contact Us |FAQ | Investor Complaints Data | Investor Charter Stock-Broker
Inactive Account
Policies regarding inactive account
Our Company is having specific policy in respect of inactive account :-

1. An account (irrespective whether having debit or credit balance) shall be classified as dormant account in case there are no transactions (trade, payment, receipts) for a period in excess of 12 Months from the last transaction date. The following limitation / restriction shall apply to a dormant account unless the same is re-activated: 1. Account shall be frozen for further transaction. 2. Pay-out of funds and/or securities will be transferred to the client subject to his having no obligation with us.
2. As a company policy, clients account once opened are not closed, although the client may not trade at all over a long period of time.
3. A dormant account can be re-activated when client submits a written Request or he communicates telephonically or by e-mail. However such activation shall be subject to due verification of the clients identity and financial details.
 

Attention Investors : Prevent Unauthorised transactions in your account. Update your mobile numbers/email IDs with your stock brokers / DP and Exchanges / Depository. Receive information of your transactions directly from Exchanges / Depository on your mobile/email at the end of the day .......... Issued in the interest of investors

KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

“No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application from to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.’