What is CTS cheque and why it is required?

Cheque Truncation System (CTS) is the system in which the flow of physical movement of the cheque will be eliminated in the cheque clearing process. Instead, an electronic image of the cheque will be sent to paying branch through the clearing house along with relevant information like data on the MICR band, date of presentation, […]

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How can I change my bank account details?

Please send us the physical copy of the following documents: Account modification form Signed cancelled cheque of the new bank account This cheque should have your Name, IFSC Code & MICR No. printed on it. However, if the cheque does not have the above details printed on it, then please send us your recent (within last 3 months) bank […]

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Can I add another Bank account to my trading account?

Yes you can. Please submit to us a cancelled cheque of that particular Bank or e-mail us the scanned copy of cancelled cheque. This cheque should have your Name, IFSC Code & MICR No. printed on it. If the cheque does not have the above details printed on it then please send us your recent […]

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I will be unable to provide last 6 months’ bank statement, as this is my new bank account

In case you are not able to provide the bank account statement, please provide the self-attested photocopy of the welcome letter received from the bank which mentions your account no. and other details. Also make sure that the cancelled cheque has your Name, IFSC Code & MICR No. printed on it.  

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