What is Inactive/Dormant account ?
As per the Exchange Circular Ref No:
NSE/INSP/43488, dated: February 10, 2020, Circular Ref. No: 06/2020, any
account wherein no trades (Buying or Selling) have been carried out since last
12 (Twelve) months across all Exchanges would be considered as Inactive
account.
The Inactive accounts identified on the above criteria are flagged as ’Inactive’
by the Trading Member in all the Exchanges. The Members are also required
to ensure that any further trading by such client should be allowed only after
undertaking sufficient due diligence (including IPV) and obtaining the revised
information related to KYC from the concerned client.
Related Articles
How can I re-activate my Dormant account (1 Year)?
Activation through Single Point: Individual account holders may simply login to https://sp.mastertrust.co.in/login to activate their account. Apart from activation of account, below is the list of services offered in Single Point. · · Email and ...
How can I re-activate my Dormant account (2Year)?
You can Activate your Inactive Trading & Demat Account and Update your Trading & Demat account details. i.e. Mobile Number, Email ID, Address, Income details, Bank Details, Nominee etc. Online. Please use the below link for details modification. In ...
How do I Activate Commodity segment in my account ?
Online Process: 1) Individual accounts opened post 01-09- 2020 may activate the commodity segment using single point. Please find below the steps for your reference. · Customer may login through https://sp.mastertrust.co.in/login and click on ...
Can I add/link more than one Demat Account with mastertrust Account?
Yes, you can add/link multiple Demat accounts with your mastertrust Trading account. To link a new Demat Account of any other broking firm, kindly fill Common Updation Form and submit the Demat Client Master (Stamped and Signed by your Broker) to our ...
Can I use Re-KYC Option or update Demat Account details Online if I hold Demat Account only?
Sorry! if you hold only Demat Account with mastertrust, you cannot update your details online, you ought to update them through offline/ physical mode.