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Maintenance of Depository Account


The Clearing Members shall maintain a beneficiary (DEMAT) account with a Depository Participant of the depositories, National Securities Depository Ltd (NSDL) or Central Depository Services Ltd (CDSL) for the purpose of providing collaterals towards Repo deals or for any other purpose as the relevant authority may specify from time to time.

Clearing members shall intimate the details of the DEMAT account to Clearing Corporation as per the format provided in Annexure B

Download Annexure B (Format of details to be submitted by member to Clearing Corporation for maintenance of Depository Account) (.doc)

Clearing Members are required to transfer securities towards collateral requirement to the below mentioned account of Clearing Corporation for participating in Repo deals.

DP ID Account No
IN001002 10009093

 

Updated on: 01/11/2019 12:00
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