Unique Client Code (UCC)

• Your trading account has a Unique Client Code (UCC), which is different from your demat account number.
• Do not allow anyone (including your stock broker, their representatives, or dealers) to trade in your account without specific instructions from you for each trade.
• Do not share your internet/mobile trading login credentials with anyone.

Collateral Requirements

• You are required to place collaterals as margins with the stock broker before trading.
• Collateral can be provided in the following ways:
  • Funds Transfer: Transfer funds only into the specified stock broker’s bank accounts, as listed on their website.
  • Margin Pledge: Pledge securities from your demat account.

Note: Do not transfer funds into any other account. The stock broker is not permitted to accept cash payments.

Risk Management Policy & Tariff Sheet

• The stock broker’s Risk Management Policy provides details on trading limits.
• The Tariff Sheet outlines the charges applicable to you.

Securities Settlement

• All securities purchased by you will be transferred to your demat account within one working day of the payout.
• If the securities are not fully paid by you, the transfer may be subject to a limited-period pledge (CUSPA) created in favor of the stock broker for up to seven trading days after the payout.
• You can view your demat account balances directly by logging in to the Depository’s website.

Funds Allocation & Settlement

• All funds received from you will be deposited with the Clearing Corporation in your name.
• Excess funds will be returned to you during the quarterly/monthly settlement as per applicable norms.
• You can view the funds allocated to you by logging in to the Clearing Corporation’s website.

Contract Notes: You will receive a contract note from the stock broker within 24 hours of the trade.

Demat Debit and Pledge Instruction (DDPI)

• You may provide a one-time DDPI authority to your stock broker for limited access to your demat account.
• This allows the stock broker to transfer securities sold in your account for pay-in purposes.

Financial Information

• The stock broker is expected to know your financial status and monitor your account accordingly.
• Ensure that you:
• Share financial details (e.g., income, net worth) with your stock broker as requested.
• Keep your email ID and mobile number updated with the stock broker.

Grievance Redressal

• In case of disputes, you can raise a grievance through the stock broker’s dedicated investor grievance ID.
• You may also approach the stock exchanges or SEBI directly for resolution.

Prohibited Schemes

• Participation in assured/guaranteed/fixed return schemes or similar schemes is prohibited by law.
• Such participation will not offer any protection or recourse from SEBI or stock exchanges.