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Refund policy

The transactions executed on the Trading and Mobile Platform of Mirae Asset Capital Markets (India) Private Limited (“MACM”) will be completed only after successful transfer of money from Client registered bank account to the Client Bank account of MACM . Please note that As per Exchange Settlement schedule , the stock purchased will be credited to client demat account within one day from date of settlement . You hereby agree and acknowledge that the transactions on the Platform once completed /traded cannot be cancelled by You. In case of successful transfer of money from Your Bank account and there are no transactions done or executed by you , the money would be refunded to Your registered bank account based on your withdrawal request or as per settlement cycle selected by you at time of opening of account with MACM whichever is earliest.

Please note that this Refund policy is designed based on MACM current Operational Procedures. It may be changed from time to time

Mirae Asset Capital Markets

Mirae Asset Capital Markets (India) Pvt. Ltd. Unit No. 506, 5th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (E), Mumbai – 400 098. CIN Number : U65990MH2017FTC300493
SEBI Stock Broker Registration No.: INZ000163138 – Membership in BSE – Cash Segment (Member ID: 6681) and in NSE – Cash, F&O and CD Segments (Member ID: 90144) SEBI Merchant Banking Registration No.: INM000012485 SEBI Research Analyst Registration No.: INH000007526 Compliance Officer details : Stock Broking Activities – Mr. Himanshu Parekh and Merchant Banking Activities – Ms. Hiral Kanakia, Email – macm.compliance@miraeassetcm.com,
Tel. no : +91 22 6266 1338
To File A Complaint on SCORES
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Standard Account Opening Documentation
Client Registration Documents in Vernacular Languages

Attention Investors:

  • 1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
  • 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
  • 3. Pay 20% upfront margin of the transaction value to trade in cash market segment.
  • 4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. Continuation Sheet
  • 5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
    Issued in the interest of investors.
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