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What is Quarterly Settlement of NSE Account?

Post Date : April 25, 2022

As per Exchange Circular: MIRSD/SE/Cir-19/2009 dated 03.12.2009, the actual settlement of funds and securities needs to be done at our end at least once in a calendar quarter, depending on the preference of the client’s account. For the same purpose “Running Account Authorization” is included in the account opening form.

This routine process is to comply with SEBI compliance.

With reference, the same payout of available funds and securities has to be issued to the client and the account needs to be settled once in a calendar quarter.

For further clarification, kindly refer enclosed NSE circular.

Settlement – NSE Circular >

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# Prevent Unauthorised transactions in your account. Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day ……….Issued in the interest of investors.
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