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6 KYC Attribute Guideline | Practices to Avoid | e-Voting CDSL | Smart ODR |
Attention Investors:
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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.
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Please note CDSL vide its circular CDSL/OPS/DP/POLCY/2021/152 dated April 05, 2021, NSE Circular Ref. No: NSE/ISC/47869, NSE/ISC/48165 and BSE Notice No. 20210401-53, 20210503-41 dated April 01, 2021 and May 03, 2021, respectively has informed regarding the 6 KYC attributes [i.e. Name, Address, Valid PAN, Valid mobile no., valid email id & Income range] made mandatory for all the categories of clients as decided in consultation with all MIIs and SEBI. Therefore, we request you to update the following KYC attributes in your demat/trading account [if not available]. For further query please contact our KYC department.
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Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with
your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day.......... Issued in the interest of Investors"
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No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
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Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number & email ID with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day.......... Issued in the interest of Investors
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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 and receive OTP directly from depository on your email id and/or mobile number to create pledge.
3. Pay 20% upfront margin of the transaction value to trade in 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 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. |
Invest in Government Securities - NSE |
Morning Mantra (
--- 9.00
AM ) |
Nifty is scaling newer heights. The index look strong on paper but the action is highly stock specific. The euphoria is likely to continue in the short-term on the back of strong global cues, buying by foreign investors, reforms by the government, expectations of a revival in earnings growth and consistent money coming into markets via mutual funds.
We expect earnings to recover faster with FY20 and FY21 earnings growth being driven by lower corporate tax rates and lower loan-loss provisions. The government has taken several measures to revive growth and more are expected, and dips, if any, should be used to accumulate quality stocks.
Stay invested and keep accumulating on dip. Midcaps can again we looked upon as they are undervalued.
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As per SEBI circular no. SEBI/HO/MRD2_DCAP/CIR/2021/0598 dated July 20, 2021 a framework has been put in place for "Segregation and Monitoring of Collateral at Client Level". The said circular inter-alias stipulated that minimum 50% cash equivalent collateral requirement applicable at the client level.
In view of the above, w.e.f. 02nd May 2022, Client shall be required to maintain Cash and Non Cash Collateral in the ratio of 50:50 at client level.
Hence, for the smooth and uninterrupted trading, kindly maintain your collateral in 50:50 proportion between Cash & Non Cash Collateral from the said given date.
Click here for procedure to view Collateral Data
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Filing compliant on SCORES – Easy & quick
a. Register on SCORES portal
b. Mandatory details for filing complaints on SCORES
i. Name, PAN, Address, Mobile Number, E-mail ID
c. Benefits:
i. Effective Communication
ii. Speedy redressal of the grievances |
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Stock Broker Name: Abhinandan Stock Broking Private Limited
Registration Number:
INZ000202134
Registered Address:
95, Sarat Bose Road, City Point , 3rd Floor, Kolkata – 700 029
Branch Address : N.A.
Contact No. +91 33 4005 5430
Email : info@abhinandangroup.com |
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CDSL Membership Details DP ID : 12082800 | CDSL Registration No. IN-DP-208-2016
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Copyright © 2014 Abhinandan Stock Broking Pvt.. Ltd |
All
Rights Reserved |
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