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Procedure

If you are not already registered with one or more of our 77 empaneled brokers under any of our other product schemes, register yourself by filling up a broker registration form.

Fill up a remittance slip to open the Purchase Advance account by making an initial advance of Rs.1,000.

Approach any SHCIL branch and submit a purchase request slip.

Your request will be good till the end of the day. If the shares are not purchased before the end of the day, your request lapses and a fresh request can be submitted the next day.

Your purchase request is transmitted to the broker as soon as you place your request.

The broker executes the trade and confirms trade details to SHCIL. The payment for the shares purchased alongwith the service charge is made from the Purchase Advance account.

The shares get credited into your account the next day of payout.

 
Stock Holding Corporation of India Limited
Registered office - Mittal Court, 'B' Wing, 2nd Floor, 224 Nariman Point, MUMBAI 400 021

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