FAQs

FAQs (Frequently Asked Questions)

  • Individual
  • Resident Individuals
  • NRIs
  • Minors (Only Demat account. As sole holder)
  • Non-individual
  • Corporate
  • Partnership firms (Demat account in the name of the Partners)
  • Registered/Unregistered trust (Demat account. In the name of the Trustees)
  • Registered/Unregistered society (Demat account. In the name of the Members)
  • Association of Persons (AOP)
  • FII/FPI (Only Trading Account)
  • Bank
  • Mutual funds
  • LLP (Limited Liability Partnership)
  • Equity
  • Derivatives
  • Currency
  • Commodity
  • Resident Indian Individual account
  • Proof of Identity (PAN with photograph mandatory)
  • Proof of Address (Passport/ Voters Identity Card/ Ration Card/ Registered Lease or Sale Agreement of Residence/ Driving License/ Flat Maintenance bill/ Insurance Copy /Aadhaar Letter issued by Unique Identification Authority of India./ Telephone Bill (only land line)/ Electricity bill/
  • Gas bill/Bank Account Statement/Passbook – (Not more than 3 months old – as on date of receipt for documents).
  • Proof of Bank account
  • Income Poof (Mandatory incase of derivatives/Currency Segment )
  • HUF account
  • HUF PAN copy  
  • HUF address proof
  • HUF bank proof
  • Karta’s PAN card copy (individual with photo visible)
  • Karta’s address proof
  • No Objection Certificate from all Co-Parceners, along with list of Co-Parceners
  • Details of Family member and PAN no of co-parceners.
  • Partnership Firm Account
  • Partnership firm can open trading account in the name of the firm but demat will be in the name of partners. (Max. 3 partners)
  • PAN card of Partnership fir
  • Address proof of Partnership firm
  • Bank proof of Partnership firm
  • PAN card copy along with address proof for all authorized partners is mandatory
  • Declaration required (for determining who will be authorized person for trading & who will be the holder in the Demat account) duly signed by all partners
  • Declaration to be given by partners on letter head of the firm as per the NSDL guideline (circular uploaded on 4th July, 2013)
  • List of partners required on letter head of firm
  • Profit sharing certificate required with percentage on letter head of firm
  • Copy of Partnership Deed required
  • Last 2 years’ Annual Accounts (audited Balance sheet) (C.A. Certified)
  • Firm’s stamp required on all places where signatures are done on trading/ demat account agreement form and all related documents
  • Registration certificate required
  • NRI Account
  • Two types – NRE and NRO
  • India address proof (not required in case of NRE)
  • Foreign address proof (Mandatory both cases)
  • PIS Letter (issued by RBI)
  • PAN card
  • Bank Account Statement/ Passbook Bank proof should indicate NRE/NRO saving a/c bank details
  • If NRE or NRO is not mentioned (pre printed) on cheque, then bank verification letter is required.
  • All the photocopy of the KYC document should be attested by the any of the entities: Notary Public, any Court, magistrate, judge, Local banker, Indian embassy, Consulate General of the country where NRI is residing.
  • Minor account
  • Only Demat account of Minor can be opened. Trading account of Minor cannot be opened. Minor shall be the Sole Holder.ie. No joint holder or nominee account can be opened. Minor Account to be operated by Guardian only.
  • PAN card copy of Minor
  • Birth certificate of Minor
  • PAN card copy of guardian where photo is visible
  • Bank proof of Minor
  • Address proof of guardian
  • Father or mother can only be a guardian. In case the guardian is other than a parent, then he has to be appointed by the Court. In case father is deceased, the death certificate is required
  • Guardian has to sign in full AOF including across the photograph of the minor applicant.
  • Note: – Later on when Minor turns Major need new KYC with proper details of the account holder (Originally who was minor) with all relevant and latest documents. In such cases guardian details can be removed and he can appoint nominee if required.
  • Corporate Account
  • PAN Card copy of the corporate
  • Bank proof of the corporate
  •  Address proof of the corporate
  • Last 2 year’s annual reports & income tax returns
  •  Memorandum & Articles of Association
  •  Board Resolution as per the Specific Format.
  • List of Authorized Signatory.
  • Copy of latest share holding pattern of the Company
  • Form no 32 (If changes in directors)
  • List of Directors (name & signature) with their shareholding
  • Stamp of the corporate required on all the signatures as well as the supporting documents
  • PAN copy of all the directors
  • Certified copy of the Board resolution (As per the format given in form and it should be on letter head of the Company)
  • Undertaking letter is required if company is involved in share broking business or any investment made in broking business
  • For Foreign entities, CIN is optional; and in the absence of DIN no. for the directors, their passport copy should be given
  •  Format of declaration of beneficial owners
  •  Trust Account
  •  PAN card copy of the Trust
  • Last 2 years’ audited annual accounts
  • Copy of Income tax return
  • Certified copy of the Trust-Deed
  • List of trustees with signatures across their photograph as well as
  • Trust stamp
  • Board Resolution
  • Trust Stamp required on all the signatures as well as the Supporting documents
  • PAN proof along with address proof of trustees
  • Copy of Trust registration certificate
  • Proof of address of registered office of Trust
  • List of Authorized trustees along with specimen signatures

Below are the modes through which you can open an account:

Online

  • Visit www.investingkart.com » Click on open a trading account» Enter Basic details
  •  You will receive one time password (OTP) on the mobile number.
  •  You will receive link on your registered email id. You need to enter the OTP received on your registered email id.
  • After verifying the OTP; you need to fill the online Account Opening Form.
  • Post which your RM will contact you for the documentation.
  • Once the documentation process will be completed and the forms are received at HO; the account will get opened within 24 hours.

Offline

 You can call on 09977555000 and you will get a call from RM and he will assist you in account opening.

Your RM will contact you in case if there is any rejection.

You will receive welcome SMS on your registered mobile number, welcome email on the registered email id and welcome letter along with welcome kit on the registered address.

You will also receive the password on your registered mobile number.

Please Call 9977555000  for our exciting brokerage plans.

To trade in the Derivatives segment, you have to submit the F&O Activation in Trading account form. Click here to download the form.

Following documents (any one) is required to be submitted along with the form:

  • Bank Account Statement for last 6 months
  • Copy of Demat account holding statement
  • Copy of Form 16
  • Salary Slip of latest month
  • Copy of ITR acknowledgement
  • Copy of Annual Accounts
  • Net worth Certificate

A depository is an organization where the securities of an investor are held in electronic form, at the request of the investor through the medium of a Depository Participant.

A Depository Participant (DP) is an agent of the depository and is authorized to offer depository services to investors. According to SEBI guidelines, financial institutions, banks, custodians, stockbrokers, etc. can become DP with a depository.

  • Central Depository Services (India) Limited (CDSL) Promoted by BSE, BOI, BOB, SBI and HDFC Bank
  • National Securities Depository Limited (NSDL) Promoted by UTI, IDBI and NSE

The services performed by the Depository Participant are listed below:

  • Account Opening & Maintenance
  • Dematerialization of Securities & Mutual Funds
  • Rematerialization of Securities & Mutual Funds
  • Transfer of Securities & Mutual Funds
  • Pledging / Unpledging / Invocation of Securities
  • Freeze/ Un-Freeze account
  • Account Modification
  • Account Closure
  • Activation of Ideas (For NSDL DP) & EASI Facility (For CDSL DP)
  • Registration of RGESS (Form A) & Release of Stock from RGESS (Form B).

In case you purchase or sell the shares the same is credited or debited from your demat / Trading account T+2 settlements.

In case you have sold some shares then you need to ensure that the shares are transferred to your demat account or CM BP account before 9:30 am on pay-in day.

Please Call 9977555000  for our exciting brokerage plans.

On the base of POA (Power of Attorney) given & Signed by client at the time of account opening or Separately, HSL/HFPL Can debit the shares from client’s demat account to settle the pay-in obligation.

Securities held in a depository account can be pledged to avail of loan/credit facility. Pledge of securities in CDSL or NSDL depository requires that both the borrower and the lender should have account within a same Depository either in CDSL or NSDL.

If you want to pledge your shares with the bank then you will have to make an agreement with the bank. After the agreement is done, an agreement number is mentioned in the Pledge Request Form which has to be sent to DP. Pledgor and the Pledgee must have a beneficial account with the same depository as inter-depository pledge is presently not permitted DP department once verifies the request from their end & Initiate the Pledge creation. Then after Pledgee (Counterparty Account holder) requires Accept/Confirm the pledge creation on the basis of Generated Pledge Order no. to Complete the Pledged Transaction. Pledged shares remain in Pledgor’s demat account under the Pledged status which was non transferrable till Pledged shares is closed/Released.

If the Pledge request is rejected then the same is intimated to you via e-mail / SMS.

Un-pledge of securities is release of securities from Pledgee on repayment of the loan/credits by the pledgor.

If you want to un-pledge shares, you need to submit an Un-pledge Request Form to DP.

DP will first check the pledge sequence number which is mentioned on the Un-pledge form & initiate the Pledge Closure request.

If bank/ pledgee confirm the closure request vide pledge sequence number then those shares are unpledged in Pledgors demat account in free balance.

Online transfer through IMPS, NEFT or RTGS (Real Time Gross Settlement)

You need to transfer from the bank account which is linked with HFPL

Login to your bank link enabled for online transfer via IMPS/NEFT/RTGS

Beneficiary Name: HEM FINLEASE (P) LIMITED

In the Beneficiary account number field enter the details

For Equity ,F&O,Commodity Code hemcli followed by your Back office Client Code. (Without any space) Eg. If client code is 3660hs0001, Beneficiary Account Number would be -hemcli3660hs0001

For Mutual Fund : Pay by link with any option you may choose

Beneficiary Account Type: Current Account.

Beneficiary Bank Name: HDFC Bank

Beneficiary Bank Branch Name: Ashok Marg,Jaipur

IFSC Code: HDFC0000054

Transfer Amount 

FUND transfer through UPI (Real Time Gross Settlement)

For Equity ,F&O,Commodity Code hemnse followed by your Back office Client Code. (Without any space) Eg. If client code is 3660hs0001, Beneficiary Account Number would be -hemnse3660hs0001.

Need help Call to your RM or 9977555000

  • Login to backoffice app » Click on Fund Transfer » Click on Fund Payout.
  • Enter amount you wish to withdraw/transfer to your Bank Account..
  • Select the Fund Pay mode or default Direct pay
  • Select Bank name from the list of banks mapped to your account where you want this amount to be credited.

Fund gets credited in your bank account in 24 hours considering that the request is placed by you before 4:00 p.m.

If it is done after 4:00 p.m. the funds are credited in 48 hours or the next working day.

Payout should be due as per exchange settlement norms

There should be clear credit in your account

Minimum balance of Rs.10000/- should be maintained

Fund transfer should be of more than Rs. 10000/-

It takes a minimum of 24 hours for the amount to get transferred.

I have sold the shares on Monday  in cash segment. Can I place the payout request on the same day?

No, you cannot place the payout request on the same day

The settlement cycle is of T+2 working days;

So we request you to place the request after T+2 working days or else your request will be rejected.

I have sold the shares on Monday in F&O segment. Can I place the payout request on the same day?

No, you cannot place the payout request on the same day

The settlement cycle is of T+1 working days;

So we request you to place the request after T+1 working days or else your request will be rejected.

you will receive the password on your registered mail id immediately.

On receipt of the password, you can login to the Mobile trading app /back office and you can change the password.

Alternatively, you can also reset the password by call to your RM 0r Call 9977555000 from your registered mobile with our records

  • Click on Mobile Back Office or Trading app Login.
  • Click on Forgot Password » Enter the mandatory fields and click on “ok”
  • You will receive the password on your registered mail id immediately.
  • On receipt of the password, you can login to the Mobile trading app /back office and you can change the password.
  • Alternatively, you can also reset the password by call to your RM 0r Call 9977555000 from your registered mobile with our records.