Our Trading Procedure

  1. Opening a Broker account by filling up the KYC ( Know Your Customer ) form.
  2. Opening a Demat account along with mero share, if you don’t have one. ( opening Demat with us is more preferable as it minimizes any future hassles ) Need a PP photo & a photocopy of Citizenship along with each form.
  3. For online trading, need to fill up an additional online trading request form along with,
  • Bank cheques given to us for security collateral.
  • DIS ( Deposit Instruction Slip ) cheque.
  • Photocopy of Citizenship.

Notes: The above-mentioned forms once submitted usually takes 1-2 business days to process.

For Buying Securities/Shares

          • – Margin Money to be deposited as an advance payment
          • – Invoices/Bills are normally issued on the same day and total payment to be made in next two days through Account Payee Cheque
          • – Shares will be transferred to buyer’s BOID (DEMAT Account) after all payment dues are cleared.

For Selling Securities/Shares

          • – Debit Instruction Slip (DIS) or online EDIS to be submitted by next day of transaction for clearing
          • – 20% amount as a penalty ( Close Out) of the transaction amount will be applicable if DIS could not be cleared on time by the seller
          • – For payments, Account Payee Cheques are issued from 4t.