Guidance issued by SEBI in the interest of investors

1. Stock brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your mobile number & email ID with your stock broker/depository participant to receive OTP directly from the depository on your email ID and/or mobile number to create a pledge.

3. Pay 20% upfront margin of the transaction value to trade in the cash market segment.

4. Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and BSE – 20200731-7 dated July 31, 2020 and BSE – 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
6. As per the SEBI guidelines, it is mandatory to register a nominee for all eligible trading and demat accounts.
> If you wish to appoint nominee, provide duly signed nomination form. (Indicative format of the Nomination Form is attached).
> If you do not wish to appoint nominee, provide declaration for opting out of nomination (Indicative format of Declaration is attached).