Treatment of Inactive Account
This is in reference to the Exchange circulars NSE/INSP/64718 and 20241025-25 dated October 25, 2024 with respect to guidelines on Treatment of Inactive Trading Account. account wherein any of below mentioned activities has not been carried out by client since last 24 (Twenty-Four) months:
- Trading or participation in OFS/buy-back/Open Offer across any of the exchanges/segments* of the exchanges through the same Member or*Cash/Equity Derivative/ Currency Derivative/ Commodities Derivative/EGR /Debt/Online Bond Platform/ Execution Only Platform /Any other segment as may be allowed by SEBI/stock exchanges from time to time.
- Transaction in nature of applying/subscribing IPOs (where the IPO bid is successful & not cancelled)/SGBs/Mutual Funds (lumpsum investment or investments through successful SIP instalment payments) on the Mutual Fund platform of the stock exchanges through the same Member or
- Modification/updation of e-mail Id/Mobile Number/Address in KYC record of client through the same Member and the same has been uploaded to KRA to ensure Validated/Registered status.
For re-activation of the same post inactivation kindly follow the below steps:
- Please visit: activation link
- Mandatorily comply with In-Person Verification/Video In-Person Verification (IPV/VIPV) requirement specified in the SEBI Master Circular on KYC dated October 12, 2023.
- Enter your login credentials
- Confirm your details mentioned as per our records
- Post confirming the details your account will be activated on T+2 working days (T = means the day you have provided the confirmation).
Note:- Click here to access the exchange circular.
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