FRONT COVER

INDEX - Individual Account Opening Form

Contents Page Nos.
Section I : KRA / Aadhaar based A/c Opening
PART A : Document captures the basic information about the constituent and an instruction/checklist.
1-15
PART B : Document captures the additional information about the constituent relevant to Trading & Demat account.
PART C : Document captures nomination details for Trading & Demat account.
Additional details for clients opting for commodity 16-17
Mandatory

Detailed commodity client type/category and description.

Tariff sheet
Document detailing the rate/amount of brokerage and other charges levied on the client for trading on the stock 18-19
exchange(s)
Most Important Terms and Conditions (MITC) 36
Standard MITC to bring into focus the critical aspects of the broker-client relationship and for ease of understanding of the clients.

Schedule of Charges / Charges for Other Services 25-26

Detailed Charges for Demat/Trading Account
Declaration of Open Position 41
Declaration/undertaking by client to not exceed the position limits prescribed by SEBI/Exchange
FATCA/CRS Declaration
Declaration by customer to comply with Foreign Account Tax Compliance Act (FATCA) and/or Common Reporting Standards (CRS) 37-38
requirements
Voluntary Freezing/ Blocking the online access of the trading account 54-56
Running Account Authorization
Authority to the Trading Member to maintain a running account 27
Voluntary

Margin Trading Facility (MTF) 28-29

Documents detailing Terms and Conditions for availing Margin Trading Facility (MTF)
Voluntary Additional Terms & Conditions 30-34
Additional Terms & Conditions for availing trading services with Kotak Securities
Demat Debit and Pledge Instruction (DDPI) 35
Document for transfer of securities towards deliveries / settlement obligations and pledging / re-pledging of securities
Value Added Services 40
Details of subscription plans and services available with Kotak Securities

TM\CM: Kotak Securities Limited, Registered Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai
- 400051 • SEBI Registration No: INZ000200137(Member of NSE, BSE, MSE, MCX and NCDEX) Research Analyst
INH000000586,NSDL/CDSL:IN-DP-629-2021, AMFI ARN:0164, PMS INP000000258, CIN:
U99999MH1994PLC134051, Compliance Officer Name: Mr. Hiren Thakkar; Phone No. +91 (022) 42858484; E-mail
ID: [email protected] CEO Name: Mr. Shripal Shah; Phone No. +91 (022) 42858301 & E-mail ID:
[email protected] For queries/service request/feedback for your accounts, please contact Kotak Securities Ltd at
[email protected] or Toll Free No. 1800 209 9191. In case of any grievance/ complaint against Kotak
Securities Limited for your account please contact Kotak Securities Ltd. at E-mail ID-
[email protected] or Toll Free No. 18002099393.

Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide
any assurance of returns to investors. Investment in securities market are subject to market risks. Read all the related
documents carefully before investing.

Investor Grievance redressal matrix as mentioned below:

Working
Details of Contact Person Address Contact No. Email Id
Hours
Kotak Towers, 8th Floor, 9 a.m. to
Building No.21, Infinity Park, 6 p.m.
Customer ks.escalation@
Mr. Ritesh Shah Off Western Express Highway, 18002099393
care/Complaints kotak.com All trading
Malad (East), Mumbai,
days
Maharashtra - 400097
Kotak Towers, 8th Floor, 9 a.m. to
Building No.21, Infinity Park, 6 p.m.
Head of ks.servicehead
Mr. Tabrez Anwar Off Western Express Highway, 022-42858208
Customer Care @kotak.com All trading
Malad (East), Mumbai,
days
Maharashtra - 400097
Kotak Towers, 8th Floor, 9 a.m. to
Building No.21, Infinity Park, 6 p.m.
Compliance ks.compliance
Off Western Express Highway, 022-42858484
Officer Mr. Hiren Thakkar @kotak.com All trading
Malad (East), Mumbai,
days
Maharashtra - 400097
Kotak Towers, 8th Floor, 9 a.m. to
Building No.21, Infinity Park, 6 p.m.
ceo.ks@kotak.
CEO Mr. Shripal Shah Off Western Express Highway, 022-42858301
com All trading
Malad (East), Mumbai,
days
Maharashtra - 400097
In case not satisfied with the response, please contact the concerned exchange(s) / Depository at:
Exchange NSE BSE MSE MCX NCDEX
Email ID [email protected] [email protected] [email protected] [email protected] [email protected]

Phone No 18002660058 (022) 2272 8097 (022) – 61129000 Ext. 9028 (022) 6731 8888 (022) 6640 6789

Depository NSDL CDSL

Email ID [email protected] [email protected]
Phone No (022) 2499 4200 1800-22-5533

For cyber related complaints, you may write to us as [email protected] or contact us on 18002099595 (9 a.m. to 6
p.m. All trading days).

You may file complaint with SEBI through the SCORES by registering your complaint online with SCORES Portal
(https://scores.sebi.gov.in).
Note: To file complaint with SEBI, you can register yourself on SCORES portal and provide mandatory details like
Name, PAN, Address, Mobile Number & Email ID. For further information, please refer FAQ’s on
https://scores.sebi.gov.in/faqs

If you are still not satisfied with the outcome, you can initiate dispute resolution through the ODR Portal, a
comprehensive portal for online resolution of disputes in the securities market by registering complaint on SMART
ODR Platform (https://smartodr.in/login)

Note: To file complaint on SMART ODR Portal, please register yourself with the email ID you have associated with
us and provide mandatory details like Name, PAN, mobile number and residential address. You can attach
documents, images and other relevant files with every dispute for faster resolution. Once you are registered on the
portal, you can file a new dispute and track the status of your complaints online. For more information on SMART
ODR , please refer https://help.smartodr.in/docs/intro.

INSTRUCTION LIST FOR FILLING KYC FORM

Important Points :
1. Self attested copy of PAN card and all other documents are mandatory for all clients and persons authorized to deal
in securities on behalf of company/firm/others.
2. Copies of all documents submitted by the client should be verified with original by Kotak Securities
employee/Registered Authorised Person. In case the original of any document is not produced for verification, then
the copies should be properly attested by entitie s authorized for attesting the documents, as per the below mentioned
list.
List of people authorized to attest the documents:
Notary Public, Gazetted Officer, Manager of a Scheduled Commercial/Co-operative Bank or Multinational Foreign
Banks (Name, Designation & Seal should be affixed on the copy).
3. If any proof of identity or address is in a foreign language, then translation into English is required.
4. Name & address of the applicant mentioned on the KYC form, should match with the documentary proof submitted.
5. If correspondence & permanent address are different, then proofs for both have to be submitted.
6. Sole proprietor must make the application in his individual name & capacity.
7. For non-residents and foreign nationals, (allowed to trade subject to RBI and FEMA guidelines), copy of passport/PIO
Card/OCI Card and overseas address proof is mandatory.
8. In case of high risk clients like PEP (Political Exposed Person) documents specified as proof of identity and address
for opening simplified measure account are not applicable.
9. For opening an account with Depository participant or Mutual Fund, for a minor, photocopy of the School Leaving
Certificate/Mark sheet issued by Higher Secondary Board/Passport of Minor/Birth Certificate must be provided.
10. Under Interoperability, Kotak Securities has selected NSE Clearing Limited (NCL) as its designated clearing
corporation for Cash and equity derivatives segment transactions and Indian Clearing Corporation Limited (ICCL) as
its designated clearing corporation for currency derivatives segment transactions.
11. On the documents, we have mentioned “Voluntary” in the heading, those documents are voluntary. Voluntary means
that the document is not prescribed by Regulators, however the same is required by KSL for offering the seamless
trading platform and various other facilities in connection to all your accounts and dealings with KSL. If you do not
wish to avail the services of KSL, you need not execute such documents.
 216121
21312162400978
CENTRAL KYC REGISTRY Know Your Customer (KYC) Application Form Individual
Important Instructions F) Please read section wise detailed guideliness/ instruction at the end.
A) Fields marked with ‘*’ are mandatory fields. G) KYC number of applicant is mandatory for update application.
B) Tick ‘ ’ wherever applicable. H) The ‘OTP based E-KYC’ check box is to be checked for accounts
C) Please fill the form in English and in BLOCK letters. opened using OTP based E-KYC in non-face to face mode.
D) Please fill the date in DD-MM.YYYY format. I) In case you submit deemed Officially Valid Document (OVD) for proof
of address as your Officially Valid Document (OVD) does not contain
E) For particular section update tick( ) in the box updated address then you are required to submit OVD or their
section number and strike off the sections not equivalent E-document within a period of three months, failing which
required to be updated. we may suspend your account.
A Clarification / Guidelines on filling ‘Personal Details’ section
1 Name: The name should match the name as mentioned in the Proof of Identity submitted failing which the application is liable to
be rejected.
2 One the following is mandatory : Mother’s name, Spouse’s name, Father’s name.

B Clarification / Guidelines on filling ‘Current Address details’ section

1 In case of deemed PoA such as utility bill, the document need not be uploaded on CKYCR
2 PoA to be submitted only if the submitted Pol does not have current address or address as per Pol is invalid or not in force.
3 State / U.T Code and Pin / Post Code will not be mandatory for Overseas addresses.
4 In Section 2, one of I,II, and III is to be selected. In case of online E-KYC authentication, II is to be selected.
5 In Section 3, one of I, II, III and IV is to be selected. In case of online E-KYC authentication, II is to be selected.
6 List of documents for ‘Deemed Proof of Address’:
Description
• Utility bill which is not more than two months old of any service provider (electricity, telephone, post-paid mobile phone, piped gas,
water bill).
• Property or Municipal tax receipt.
• Pension or family pension payment orders (PPOs)issued to retired employees by Government Departments or Public Sector
Undertakings, if they contain the address.
• Letter of allotment of accommodation from employer issued by State Government or Central Government Departments, statutory
or regulatory bodies, public sector undertakings, scheduled commercial banks, financial institutions and listed companies and
leave and licence agreements with such employers allotting official accommodation.
7 Regulated Entity (RE) shall redact (first 8 digits) of the Aadhaar number from Aadhaar related data and documents such as proof
of possession of Aadhaar, while uploading on CKYCR.
8 “Equivalent e-document” means an electronic equivalent of a document, issued by the issuing authority of such document with
its valid digital signature including documents issued to the digital locker account of the client as per rule 9 of the Information
Technology (Preservation and retention of Information by Intermediaries Providing Digital Locker Facilities) Rules, 2016.
9 ‘Digital KYC process’ has to be carried out as stipulated in the PML Rules, 2005.

C Clarification / Guidelines on filling ‘Contact details’ section

1 Please mention two- digit country code and 10 digit mobile number (e.g. for Indian mobile number mention 91-9999999999).
2 Do not add ‘0’ in the beginning of Mobile number.

D Clarification / Guidelines on fillign ‘Related Person details’ section

1 Provide KYC number of related person, if available.

E Clarification on Minor
1 Guardian details are optional for minors above 10 years of age for opening of bank account only
2 However, in case guardian details are available for minor above 10 years of age, the same (or CKYCR number of guardian) is to
be uploaded.

Please follow the below Legends

I I I
KRA AADHAR DIGI LOCKER NON KRA / NON AADHAR / NON DIGI LOCKER KRA I AADHAR I DIGI LOCKER I NON KRA / NON AADHAR / NON DIGI LOCKER
Information not required to be filled by the Information required to be filled by all clients including KRA
clients who are KRA complied / or have complied, Client opting for Aadhar Digi Locker based A/c
Ver 13/20-21/270721

provided consent for authenticating with Aadhar. Opening & Non KRA & Non Aadhar clients

ICONS FOR ILLUSTRATION c Client Signature cw

Client’s Witness Signature
(Full Signature)
 21312162400978
216122 MANDATORY
Kotak Securities Ltd.
Section I* - KRA/Aadhar Based Account Opening - First Holder
Fields marked with ‘*’ are mandatory fields. Please fill the form in English and in BLOCK Letters.
Please read section wise detailed guidelines / instructions mentioned at the beginning.
I a* - KRA/ Aadhar Based Account Opening KRA AADHAR NON KRA & NON AADHAR
1) Are you a KYC-KRA complied client c
✔ Yes c No K
g
A
✔ No (Currently not applicable) g
2) Do you wish to provide consent for authenticating with Aadhar based system for account opening: c Yes c
If Yes, I understand that I have alternatives against Aadhaar. I further understand that upon Aadhar authentication/sharing the share code
my photo/kyc demographic details / Aadhaar data/ related passcode / XML data / QR code from Aadhaar image / e-Aadhaar etc. shall be
extracted/converted in readable format for the purpose of opening the accounts with Kotak securities Ltd. and stored by KSL for record
purpose. I also agree and confirm to share any and all such Aadhaar related data as described above with all Regulators including KRA’s
including but not limited to for the purpose of validation of KYC by KRA and also with CKYCR.

3) Digi Locker Consent : I hereby authorize Kotak Securities limited to verify my identity & address basis documents available in Digi Locker
service by Government of India which may include fetching/storing/using the same securely to open my account. I further provide my
consent to share my Aadhaar number, Date of Birth & Name from my Aadhaar eKYC information with the Income tax department, Govt. of
India, All States for the purpose of fetching my PAN Verification Record into Digi Locker. c Yes ✔ c No
4) Please provide PAN details K V P P S 1 4 2 8 Q
If answer to questions No. 1 is “NO” please skip section I b, I c & complete the section highlighted (a) as ‘Non KRA & Non Aadhar’
If answer to questions No. 1 is “YES”, then complete the details upto section I c on the same page & proceed to applicable section on next page
This section is “Not Applicable” for customers who are Non-KRA complied
I b - Declaration KRA AADHAR NON KRA & NON AADHAR or have not provided consent for authenticating with UIDAI system.
(Please tick whichever is applicable)
✔
c I hereby confirm that my details appearing on KRA/UIDAI have been shared. I further confirm that there are no changes in the same
including my Address /Email id/Mobile Number.OR
c I hereby confirm that my details appearing on KRA/UIDAI have been shared. I hereby confirm that my Address/Email id/Mobile Number**
as appearing on the same have undergone change(s) and I have filled up the updated details below:
This section is “Not Applicable” for customers who are Non-KRA complied
I c - Contact Details KRA AADHAR NON KRA & NON AADHAR or have not provided consent for authenticating with UIDAI system.
Existing details as per KRA System Updated details
Particulars (In case of changes in existing details, else please mention NA)
Email Id [email protected]

Mobile No.: 7 2 5 3 9 1 7 2 0 6
New Residence /Permanent Address c Same as KRA c Same as UIDAI c Updated Address mentioned below
I. Certified copy of OVD or equivalent e-document of OVD or OVD obtained through digital
PROOF OF ADDRESS KYC process needs to be submitted (anyone of the following OVDs)

c A-Passport No. Expiry Date D D M M Y Y Y Y cB-VoterID Card

c C-Driving Licence Expiry Date D D M M Y Y Y Y
c D-NREGA Job Card
c E-National Population Register Letter
c F-Proof of Possession of Aadhaar/ VID (Virtual ID) /
c E-KYC Authentication c Offline verification of Aadhaar
Address: Line 1* _______________________________________________________________________________________________________
Line 2 ______________________________________________________________________________________________________________
Line 3 ___________________________________________________ Landmark (If any) _____________________________________________
City /Town /Village* _____________________________________________________ District* ________________________________________
Pin Code*_______________________________ State/U.T*____________________________________ Country*_________________________
New Correspondence Address c Same as UIDAI c Same as Residence/permanent c Updated Address c Same as KRA address mentioned above
I. Certified copy of OVD or equivalent e-document of OVD or OVD obtained through digital
NEW CORRESPONDENCE / CURRENT ADDRESS KYC process needs to be submitted (anyone of the following OVDs)

c A-Passport No. Expiry Date D D M M Y Y Y Y cB-VoterID Card

c C-Driving Licence Expiry Date D D M M Y Y Y Y
c D-NREGA Job Card
c E-National Population Register Letter
c F-Proof of Possession of Aadhaar/ VID (Virtual ID) /
c E-KYC Authentication c Offline verification of Aadhaar
c Deemed Proof of Address - Document Type ________________________________________________________________________________
Address: Line 1* _______________________________________________________________________________________________________
Line 2 ______________________________________________________________________________________________________________
Line 3 ___________________________________________________ Landmark (If any) _____________________________________________
City /Town /Village* _____________________________________________________ District* ________________________________________
Pin Code*_______________________________ State/U.T*____________________________________ Country*_________________________
Client Signature (1st Holder)
c 1
**Strike of whichever is not applicable 21
This document is digitally signed.Please
refer to Annexure A for digital Signature 1
 216121 21312162400978
MANDATORY
Kotak Securities Ltd.

CENTRAL KYC REGISTRY | Know Your Customer (KYC) Application Form | Individual
Please fill the form in English and in BLOCK Letters. | Please read section wise detailed guidelines / instructions mentioned at the beginning.
1. PERSONAL DETAILS (Please refer instruction A) KRA I AADHAR I DIGI LOCKER I NON KRA / NON AADHAR / NON DIGI LOCKER
MOHIT
Prefix SINGH First Name Middle Name Last Name
Name*(Same as ID proof)
Maiden Name (if any*) Prefix First Name Middle Name Last Name
MADAN
Prefix MOHAN SINGH
First Name Middle Name Last Name
Father/Spouse Name*
Mother Name* Prefix First Name Middle Name Last Name
Nationality* Indian

PAN Card K V P P S 1 4 2 8 Q

Date of Birth* D D
1 0 / M
0 M
1 / Y
2 Y
0 Y
0 Y
0
Gender* ✔ M-Male
c c F-Female c T- Transgender
Marital Status* c Married c Unmarried c Others
Residential Status* ✔ Resident Individual
c c Foreign National
Occupation Type* c S-Service ( c Private Sector c Public Sector c Government Sector) c 2
12
c O-Others ( c
✔ Professional c Self Employed c Retired c Housewife c Student)
c B-Business c Agriculturist c Forex Dealer c Others______Please Specify_____
I. Certified copy of OVD or equivalent e-document of OVD or OVD obtained through digital
2. PROOF OF IDENTITY AND ADDRESS (Please refer instruction B) KYC process needs to be submitted (anyone of the following OVDs)

c
KRA I AADHAR I DIGI LOCKER I NON KRA / NON AADHAR / NON DIGI LOCKER
A-Passport No. Passport Expiry Date D D / M M / Y Y Y Y
c B-Voter ID Card
c C-Driving Licence Driving Licence Expiry Date D D / M M / Y Y Y Y
c D-NREGA Job Card
c E-National Population Register Letter
✔ F-Proof of Possession of Aadhaar/ VID (Virtual ID)
c 4 2 0 7 /
c E-KYC Authentication
c Offline verification of Aadhaar
Address: Line 1* _______________________________________________________________________________________________________
S O MADAN MOHAN SINGH MAHAVIR GALI VINOBA NAGAR SADABAD SADABAD SADABAD HATHRAS UTTAR PRADESH 281306
Line 2 ______________________________________________________________________________________________________________
Line 3 ___________________________________________________ Landmark (If any) _____________________________________________
City /Town /Village*____________________________________________________________________
HATHRAS District*__________________________
Pin Code*_______________________________
281306 State/U.T*____________________________________
Uttar Pradesh Country*_________________________
India

I. Certified copy of OVD or equivalent e-document of OVD or OVD obtained through digital KYC process needs to be
3. CURRENT ADDRESS DETAILS (Please refer instruction B) submitted (anyone of the following OVDs)

KRA
c
I AADHAR I DIGI LOCKER I NON KRA / NON AADHAR / NON DIGI LOCKER
A-Passport No.
✔
c Same as above mentioned address (In such cases address details as below need not be provided)

Passport Expiry Date D D / M M / Y Y Y Y

c B-Voter ID Card
c C-Driving Licence Driving Licence Expiry Date D D / M M / Y Y Y Y
c D-NREGA Job Card
c E-National Population Register Letter
✔ F-Proof of Possession of Aadhaar/ VID (Virtual ID)
c 4 2 0 7 /
c E-KYC Authentication
c Offline verification of Aadhaar
c Deemed Proof of Address - Document Type ________________________________________________________________________________
Address: Line 1* _______________________________________________________________________________________________________
S O MADAN MOHAN SINGH MAHAVIR GALI VINOBA NAGAR SADABAD SADABAD SADABAD HATHRAS UTTAR PRADESH 281306

Line 2 ______________________________________________________________________________________________________________
Line 3 ___________________________________________________ Landmark (If any) _____________________________________________
City /Town /Village* ____________________________________________________________________
HATHRAS District* _________________________
Ver 13/20-21/270721

281306 Uttar Pradesh

Pin Code*_______________________________ State/U.T*____________________________________ Country*_________________________
India

2
 216121 21312162400978
MANDATORY
4. CONTACT DETAILS (Please refer instruction C) (All communications will be sent on provided Mobile no. / Email-ID)
KRA I AADHAR I DIGI LOCKER I NON KRA / NON AADHAR / NON DIGI LOCKER This section is “Not Applicable” for customers who are KRA complied or have
provided consent for authenticating with UIDAI system.

Tel.(Res.) 9 1 S T D - Mobile 9 1 - 7 2 5 3 9 1 7 2 0 6
Tel.(Off.) 9 1 S T D - Fax 9 1 S T D -
E-mail ID. [email protected]

5. DETAILS OF RELATED PERSON KRA I AADHAR I DIGI LOCKER I NON KRA / NON AADHAR / NON DIGI LOCKER I
In case if you wish to appoint “Authorised Representative” to your account please get in touch with your respective Relationship
Manager

6. REMARKS (If any) KRA I AADHAR I DIGI LOCKER I NON KRA / NON AADHAR / NON DIGI LOCKER I
7. APPLICANT DECLARATION KRA AADHAR DIGI LOCKER NON KRA / NON AADHAR / NON DIGI LOCKER
I I I
✔ I hereby declare that the details furnished above are true and correct to the best of my knowledge and belief and I undertake to inform you
I
of any changes therein, immediately. In case any of the above information is found to be false or untrue or misleading or misrepresenting, I am
aware that I may be held liable for it.
✔ I/We hereby consent to receiving information from KRA / Central KYC Registry through SMS/Email on the above registered
number/Email address.
✔ I am/We are also aware that for Aadhaar OVD based KYC, my KYC request shall be validated against Aadhaar details. I/We hereby consent to
sharing my/our masked Aadhaar card with readable QR code or my Aadhaar XML/Digilocker XML file, along with passcode and as
applicable, with KRA and other Intermediaries with whom I have a business relationship for KYC purposes only.
✔ I/We hereby give my/our consent to Kotak Securities Limited (KSL) to access and/or download my/our CKYC record from the Central KYC
Records Registry (CKYCRR) for the purpose of account opening or for carrying out any modification of details in my/our account. I/We also
agree and confirm to share any and all such records with all Regulators including but not limited to KRAs (Know Your Client Registration
Agency) for the purpose of validation of KYC by the KRAs, and shall also be stored by KSL for record purpose.

Signature of Account Holder

HATHRAS
Place __________________________ c 3
13

Date __________________________
28/12/2024

For Office Use Only The Specimen Signature on Part A has been extracted from the signature uploaded/provided by the client. Kotak Securities Ltd

Application Type* c New c Update

KYC Number (Mandatory for KYC update request)
(To be filled by financial institution)

Account Type* ✔ Normal

c c Minor c Aadhaar OTP Based E-KYC (in non-face to face mode)
Document Received c ✔ Certified Copies c E-KYC data received from UIDAI
c Data received from Offline verification c Digital KYC Process
c Equivalent e-document c Video Based KYC

Check list to be verified by acquiring sales staff

Details Documents verified with original / Client Interviewed By / In-Person Verification done by

Name of the Employee / Authorised person

Employee Code / SEBI Reg. No. / AP Reg. No.
Name & Address of Branch/Franchisee/
Service Center
Designation of the Employee
Date
Place of verification
Signature
Name of Institution Code of Institution Stamp
of
Kotak Securities Ltd. NSE Code - 08081 BSE Code - 673 MSE Code - 1024 Institution Kotak Securities Ltd.
MCX - 56285 NCDEX - 1262

3
 21312162400978
216122 MANDATORY
MANDATORY
Kotak Securities Ltd.
Section I* - KRA/Aadhar Based Account Opening - Second Holder
Fields marked with ‘*’ are mandatory fields. Please fill the form in English and in BLOCK Letters.
Please read section wise detailed guidelines / instructions mentioned at the beginning.
I a* - KRA/ Aadhar Based Account Opening KRA AADHAR NON KRA & NON AADHAR
1) Are you a KYC-KRA complied client c Yes c No K
g
A
2) Do you wish to provide consent for authenticating with Aadhar based system for account opening: c Yes c No (Currently not applicable) g
If Yes, I understand that I have alternatives against Aadhaar. I further understand that upon Aadhar authentication/sharing the share code
my photo/kyc demographic details / Aadhaar data/ related passcode / XML data / QR code from Aadhaar image / e-Aadhaar etc. shall be
extracted/converted in readable format for the purpose of opening the accounts with Kotak securities Ltd. and stored by KSL for record
purpose. I also agree and confirm to share any and all such Aadhaar related data as described above with all Regulators including KRA’s
including but not limited to for the purpose of validation of KYC by KRA and also with CKYCR.

3) Digi Locker Consent : I hereby authorize Kotak Securities limited to verify my identity & address basis documents available in Digi Locker
service by Government of India which may include fetching/storing/using the same securely to open my account. I further provide my
consent to share my Aadhaar number, Date of Birth & Name from my Aadhaar eKYC information with the Income tax department, Govt. of
India, All States for the purpose of fetching my PAN Verification Record into Digi Locker. c Yes c No
4) Please provide PAN details
If answer to questions No. 1 is “NO” please skip section I b, I c & complete the section highlighted (a) as ‘Non KRA & Non Aadhar’
If answer to questions No. 1 is “YES”, then complete the details upto section I c on the same page & proceed to applicable section on next page
This section is “Not Applicable” for customers who are Non-KRA complied
I b - Declaration KRA AADHAR NON KRA & NON AADHAR or have not provided consent for authenticating with UIDAI system.
(Please tick whichever is applicable)
c I hereby confirm that my details appearing on KRA/UIDAI have been shared. I further confirm that there are no changes in the same
including my Address /Email id/Mobile Number.OR
c I hereby confirm that my details appearing on KRA/UIDAI have been shared. I hereby confirm that my Address/Email id/Mobile Number**
as appearing on the same have undergone change(s) and I have filled up the updated details below:
This section is “Not Applicable” for customers who are Non-KRA complied
I c - Contact Details KRA AADHAR NON KRA & NON AADHAR or have not provided consent for authenticating with UIDAI system.
Existing details as per KRA System Updated details
Particulars (In case of changes in existing details, else please mention NA)
Email Id
Mobile No.:
New Residence /Permanent Address c Same as KRA c Same as UIDAI c Updated Address mentioned below
I. Certified copy of OVD or equivalent e-document of OVD or OVD obtained through digital
PROOF OF ADDRESS KYC process needs to be submitted (anyone of the following OVDs)

c A-Passport No. Expiry Date D D M M Y Y Y Y cB-VoterID Card

c C-Driving Licence Expiry Date D D M M Y Y Y Y
c D-NREGA Job Card
c E-National Population Register Letter
c F-Proof of Possession of Aadhaar/ VID (Virtual ID) /
c E-KYC Authentication c Offline verification of Aadhaar
Address: Line 1* _______________________________________________________________________________________________________
Line 2 ______________________________________________________________________________________________________________
Line 3 ___________________________________________________ Landmark (If any) _____________________________________________
City /Town /Village* _____________________________________________________ District* ________________________________________
Pin Code*_______________________________ State/U.T*____________________________________ Country*_________________________
New Correspondence Address c Same as UIDAI c Same as Residence/permanent c Updated Address c Same as KRA address mentioned above
I. Certified copy of OVD or equivalent e-document of OVD or OVD obtained through digital
NEW CORRESPONDENCE / CURRENT ADDRESS KYC process needs to be submitted (anyone of the following OVDs)

c A-Passport No. Expiry Date D D M M Y Y Y Y cB-VoterID Card

c C-Driving Licence Expiry Date D D M M Y Y Y Y
c D-NREGA Job Card
c E-National Population Register Letter
c F-Proof of Possession of Aadhaar/ VID (Virtual ID) /
c E-KYC Authentication c Offline verification of Aadhaar
c Deemed Proof of Address - Document Type ________________________________________________________________________________
Address: Line 1* _______________________________________________________________________________________________________
Line 2 ______________________________________________________________________________________________________________
Line 3 ___________________________________________________ Landmark (If any) _____________________________________________
City /Town /Village* _____________________________________________________ District* ________________________________________
Pin Code*_______________________________ State/U.T*____________________________________ Country*_________________________
Client Signature (1st Holder)
c 1
**Strike of whichever is not applicable 12 14
 21312162400978 MANDATORY
Kotak Securities Ltd.

CENTRAL KYC REGISTRY | Know Your Customer (KYC) Application Form | Individual - Second Holder
Please fill the form in English and in BLOCK Letters. | Please read section wise detailed guidelines / instructions mentioned at the beginning.
1. PERSONAL DETAILS (Please refer instruction A) KRA AADHAR NON KRA & NON AADHAR

Name*(Same as ID proof) Prefix First Name Middle Name Last Name

Maiden Name (if any*) Prefix First Name Middle Name Last Name

Father/Spouse Name* Prefix First Name Middle Name Last Name

Mother Name* Prefix First Name Middle Name Last Name

Nationality*
PAN Card PHOTOGRAPH
NOT APPLICABLE
Date of Birth* D D / M M / Y Y Y Y FOR UIDAI CLIENTS

Gender* c M-Male c F-Female c T- Transgender

Marital Status* c Married c Unmarried c Others
Residential Status* c Resident Individual c Foreign National
Occupation Type* c S-Service ( c Private Sector c Public Sector c Government Sector) c 2
9
c O-Others ( c Professional c Self Employed c Retired c Housewife c Student)
c B-Business c Agriculturist c Forex Dealer c Others______Please Specify_____
I. Certified copy of OVD or equivalent e-document of OVD or OVD obtained through digital
2. PROOF OF IDENTITY AND ADDRESS (Please refer instruction B) KYC process needs to be submitted (anyone of the following OVDs)

KRA AADHAR NON KRA & NON AADHAR

c A-Passport No. Passport Expiry Date D D / M M / Y Y Y Y
c B-Voter ID Card
c C-Driving Licence Driving Licence Expiry Date D D / M M / Y Y Y Y
c D-NREGA Job Card
c E-National Population Register Letter
c F-Proof of Possession of Aadhaar/ VID (Virtual ID) /
c E-KYC Authentication
c Offline verification of Aadhaar
Address: Line 1* _______________________________________________________________________________________________________
Line 2 ______________________________________________________________________________________________________________
Line 3 ___________________________________________________ Landmark (If any) _____________________________________________
City /Town /Village*____________________________________________________________________ District*__________________________
Pin Code*_______________________________ State/U.T*____________________________________ Country*_________________________
I. Certified copy of OVD or equivalent e-document of OVD or OVD obtained through digital KYC process needs to be
3. CURRENT ADDRESS DETAILS (Please refer instruction B) submitted (anyone of the following OVDs)

KRA AADHAR NON KRA & NON AADHAR c Same as above mentioned address (In such cases address details as below need not be provided)

c A-Passport No. Passport Expiry Date D D / M M / Y Y Y Y

c B-Voter ID Card
c C-Driving Licence Driving Licence Expiry Date D D / M M / Y Y Y Y
c D-NREGA Job Card
c E-National Population Register Letter
c F-Proof of Possession of Aadhaar/ VID (Virtual ID) /
c E-KYC Authentication
c Offline verification of Aadhaar
c Deemed Proof of Address - Document Type ________________________________________________________________________________
Address: Line 1* _______________________________________________________________________________________________________
Line 2 ______________________________________________________________________________________________________________
Line 3 ___________________________________________________ Landmark (If any) _____________________________________________
City /Town /Village* ____________________________________________________________________ District* _________________________
Pin Code*_______________________________ State/U.T*____________________________________ Country*_________________________

5
 21312162400978 MANDATORY
4. CONTACT DETAILS (Please refer instruction C) (All communications will be sent on provided Mobile no. / Email-ID)
This section is “Not Applicable” for customers who are KRA complied or have provided consent for
KRA AADHAR NON KRA & NON AADHAR authenticating with UIDAI system.

Tel.(Res.) 9 1 S T D - Mobile 9 1 -
Tel.(Off.) 9 1 S T D - Fax 9 1 S T D -
E-mail ID.

5. DETAILS OF RELATED PERSON KRA AADHAR NON KRA & NON AADHAR
In case if you wish to appoint “Authorised Representative” to your account please get in touch with your respective Relationship
Manager

6. REMARKS (If any) KRA AADHAR NON KRA & NON AADHAR

7. APPLICANT DECLARATION KRA AADHAR NON KRA & NON AADHAR

 I hereby declare that the details furnished above are true and correct to the best of my knowledge and belief and I undertake to
inform you of any changes therein, immediately. In case any of the above information is found to be false or untrue or misleading
or misrepresenting, I am aware that I may be held liable for it.
 I hereby consent to receiving information from Central KYC Registry through SMS/Email on the above registered number/email
address.
Client Signature (2nd Holder)
Place __________________________ c 3
9

Date __________________________

For Office Use Only

Application Type* c New c Update
KYC Number (Mandatory for KYC update request)
(To be filled by financial institution)

Acount Type* c Normal c Minor c Aadhaar OTP Based E-KYC (in non-face to face mode)
Document Received c Certified Copies c E-KYC data received from UIDAI
c Data received from Offline verification c Digital KYC Process
c Equivalent e-document c Video Based KYC

Check list to be verified by acquiring sales staff c Details Applicable for All Holders
Details Documents verified with original / Client Interviewed By / In-Person Verification done by

Name of the Employee / Authorised person

Employee Code / SEBI Reg. No. / AP Reg. No.
Name & Address of Branch/Franchisee/
Service Center
Designation of the Employee
Date
Place of verification
Signature
Name of Institution Code of Institution Stamp
of
Kotak Securities Ltd. NSE Code - 08081 BSE Code - 673 MSE Code - 1024 Institution
MCX - 56285 NCDEX - 1262

6
 21312162400978
216122 MANDATORY
Kotak Securities Ltd.
Section I* - KRA/Aadhar Based Account Opening - Third Holder
Fields marked with ‘*’ are mandatory fields. Please fill the form in English and in BLOCK Letters.
Please read section wise detailed guidelines / instructions mentioned at the beginning.
I a* - KRA/ Aadhar Based Account Opening KRA AADHAR NON KRA & NON AADHAR
1) Are you a KYC-KRA complied client c Yes c No K
g
A
2) Do you wish to provide consent for authenticating with Aadhar based system for account opening: c Yes c No (Currently not applicable) g
If Yes, I understand that I have alternatives against Aadhaar. I further understand that upon Aadhar authentication/sharing the share code
my photo/kyc demographic details / Aadhaar data/ related passcode / XML data / QR code from Aadhaar image / e-Aadhaar etc. shall be
extracted/converted in readable format for the purpose of opening the accounts with Kotak securities Ltd. and stored by KSL for record
purpose. I also agree and confirm to share any and all such Aadhaar related data as described above with all Regulators including KRA’s
including but not limited to for the purpose of validation of KYC by KRA and also with CKYCR.

3) Digi Locker Consent : I hereby authorize Kotak Securities limited to verify my identity & address basis documents available in Digi Locker
service by Government of India which may include fetching/storing/using the same securely to open my account. I further provide my
consent to share my Aadhaar number, Date of Birth & Name from my Aadhaar eKYC information with the Income tax department, Govt. of
India, All States for the purpose of fetching my PAN Verification Record into Digi Locker. c Yes c No
4) Please provide PAN details
If answer to questions No. 1 is “NO” please skip section I b, I c & complete the section highlighted (a) as ‘Non KRA & Non Aadhar’
If answer to questions No. 1 is “YES”, then complete the details upto section I c on the same page & proceed to applicable section on next page
This section is “Not Applicable” for customers who are Non-KRA complied
I b - Declaration KRA AADHAR NON KRA & NON AADHAR or have not provided consent for authenticating with UIDAI system.
(Please tick whichever is applicable)
c I hereby confirm that my details appearing on KRA/UIDAI have been shared. I further confirm that there are no changes in the same
including my Address /Email id/Mobile Number.OR
c I hereby confirm that my details appearing on KRA/UIDAI have been shared. I hereby confirm that my Address/Email id/Mobile Number**
as appearing on the same have undergone change(s) and I have filled up the updated details below:
This section is “Not Applicable” for customers who are Non-KRA complied
I c - Contact Details KRA AADHAR NON KRA & NON AADHAR or have not provided consent for authenticating with UIDAI system.
Existing details as per KRA System Updated details
Particulars (In case of changes in existing details, else please mention NA)
Email Id
Mobile No.:
New Residence /Permanent Address c Same as KRA c Same as UIDAI c Updated Address mentioned below
I. Certified copy of OVD or equivalent e-document of OVD or OVD obtained through digital
PROOF OF ADDRESS KYC process needs to be submitted (anyone of the following OVDs)

c A-Passport No. Expiry Date D D M M Y Y Y Y cB-VoterID Card

c C-Driving Licence Expiry Date D D M M Y Y Y Y
c D-NREGA Job Card
c E-National Population Register Letter
c F-Proof of Possession of Aadhaar/ VID (Virtual ID) /
c E-KYC Authentication c Offline verification of Aadhaar
Address: Line 1* _______________________________________________________________________________________________________
Line 2 ______________________________________________________________________________________________________________
Line 3 ___________________________________________________ Landmark (If any) _____________________________________________
City /Town /Village* _____________________________________________________ District* ________________________________________
Pin Code*_______________________________ State/U.T*____________________________________ Country*_________________________
New Correspondence Address c Same as UIDAI c Same as Residence/permanent c Updated Address c Same as KRA address mentioned above
I. Certified copy of OVD or equivalent e-document of OVD or OVD obtained through digital
NEW CORRESPONDENCE / CURRENT ADDRESS KYC process needs to be submitted (anyone of the following OVDs)

c A-Passport No. Expiry Date D D M M Y Y Y Y cB-VoterID Card

c C-Driving Licence Expiry Date D D M M Y Y Y Y
c D-NREGA Job Card
c E-National Population Register Letter
c F-Proof of Possession of Aadhaar/ VID (Virtual ID) /
c E-KYC Authentication c Offline verification of Aadhaar
c Deemed Proof of Address - Document Type ________________________________________________________________________________
Address: Line 1* _______________________________________________________________________________________________________
Line 2 ______________________________________________________________________________________________________________
Line 3 ___________________________________________________ Landmark (If any) _____________________________________________
City /Town /Village* _____________________________________________________ District* ________________________________________
Pin Code*_______________________________ State/U.T*____________________________________ Country*_________________________
Client Signature (1st Holder)
c 1
**Strike of whichever is not applicable 12 17
 21312162400978 MANDATORY
Kotak Securities Ltd.

CENTRAL KYC REGISTRY | Know Your Customer (KYC) Application Form | Individual - Third Holder
Please fill the form in English and in BLOCK Letters. | Please read section wise detailed guidelines / instructions mentioned at the beginning.
1. PERSONAL DETAILS (Please refer instruction A) KRA AADHAR NON KRA & NON AADHAR

Name*(Same as ID proof) Prefix First Name Middle Name Last Name

Maiden Name (if any*) Prefix First Name Middle Name Last Name

Father/Spouse Name* Prefix First Name Middle Name Last Name

Mother Name* Prefix First Name Middle Name Last Name

Nationality*
PAN Card PHOTOGRAPH
NOT APPLICABLE
Date of Birth* D D / M M / Y Y Y Y FOR UIDAI CLIENTS

Gender* c M-Male c F-Female c T- Transgender

Marital Status* c Married c Unmarried c Others
Residential Status* c Resident Individual c Foreign National
Occupation Type* c S-Service ( c Private Sector c Public Sector c Government Sector) c 2
9
c O-Others ( c Professional c Self Employed c Retired c Housewife c Student)
c B-Business c Agriculturist c Forex Dealer c Others______Please Specify_____
I. Certified copy of OVD or equivalent e-document of OVD or OVD obtained through digital
2. PROOF OF IDENTITY AND ADDRESS (Please refer instruction B) KYC process needs to be submitted (anyone of the following OVDs)

KRA AADHAR NON KRA & NON AADHAR

c A-Passport No. Passport Expiry Date D D / M M / Y Y Y Y
c B-Voter ID Card
c C-Driving Licence Driving Licence Expiry Date D D / M M / Y Y Y Y
c D-NREGA Job Card
c E-National Population Register Letter
c F-Proof of Possession of Aadhaar/ VID (Virtual ID) /
c E-KYC Authentication
c Offline verification of Aadhaar
Address: Line 1* _______________________________________________________________________________________________________
Line 2 ______________________________________________________________________________________________________________
Line 3 ___________________________________________________ Landmark (If any) _____________________________________________
City /Town /Village*____________________________________________________________________ District*__________________________
Pin Code*_______________________________ State/U.T*____________________________________ Country*_________________________
I. Certified copy of OVD or equivalent e-document of OVD or OVD obtained through digital KYC process needs to be
3. CURRENT ADDRESS DETAILS (Please refer instruction B) submitted (anyone of the following OVDs)

KRA AADHAR NON KRA & NON AADHAR c Same as above mentioned address (In such cases address details as below need not be provided)

c A-Passport No. Passport Expiry Date D D / M M / Y Y Y Y

c B-Voter ID Card
c C-Driving Licence Driving Licence Expiry Date D D / M M / Y Y Y Y
c D-NREGA Job Card
c E-National Population Register Letter
c F-Proof of Possession of Aadhaar/ VID (Virtual ID) /
c E-KYC Authentication
c Offline verification of Aadhaar
c Deemed Proof of Address - Document Type ________________________________________________________________________________
Address: Line 1* _______________________________________________________________________________________________________
Line 2 ______________________________________________________________________________________________________________
Line 3 ___________________________________________________ Landmark (If any) _____________________________________________
City /Town /Village* ____________________________________________________________________ District* _________________________
Pin Code*_______________________________ State/U.T*____________________________________ Country*_________________________

8
 21312162400978 MANDATORY
4. CONTACT DETAILS (Please refer instruction C) (All communications will be sent on provided Mobile no. / Email-ID)
This section is “Not Applicable” for customers who are KRA complied or have provided consent for
KRA AADHAR NON KRA & NON AADHAR authenticating with UIDAI system.

Tel.(Res.) 9 1 S T D - Mobile 9 1 -
Tel.(Off.) 9 1 S T D - Fax 9 1 S T D -
E-mail ID.

5. DETAILS OF RELATED PERSON KRA AADHAR NON KRA & NON AADHAR
In case if you wish to appoint “Authorised Representative” to your account please get in touch with your respective Relationship
Manager

6. REMARKS (If any) KRA AADHAR NON KRA & NON AADHAR

7. APPLICANT DECLARATION KRA AADHAR NON KRA & NON AADHAR

 I hereby declare that the details furnished above are true and correct to the best of my knowledge and belief and I undertake to
inform you of any changes therein, immediately. In case any of the above information is found to be false or untrue or misleading
or misrepresenting, I am aware that I may be held liable for it.
 I hereby consent to receiving information from Central KYC Registry through SMS/Email on the above registered number/email
address.
Client Signature (3rd Holder)
Place __________________________ c 3
9

Date __________________________

For Office Use Only

Application Type* c New c Update
KYC Number (Mandatory for KYC update request)
(To be filled by financial institution)

Acount Type* c Normal c Minor c Aadhaar OTP Based E-KYC (in non-face to face mode)
Document Received c Certified Copies c E-KYC data received from UIDAI
c Data received from Offline verification c Digital KYC Process
c Equivalent e-document c Video Based KYC

Check list to be verified by acquiring sales staff c Details Applicable for All Holders
Details Documents verified with original / Client Interviewed By / In-Person Verification done by

Name of the Employee / Authorised person

Employee Code / SEBI Reg. No. / AP Reg. No.
Name & Address of Branch/Franchisee/
Service Center
Designation of the Employee
Date
Place of verification
Signature
Name of Institution Code of Institution Stamp
of
Kotak Securities Ltd. NSE Code - 08081 BSE Code - 673 MSE Code - 1024 Institution
MCX - 56285 NCDEX - 1262

9
 21312162400978 MANDATORY
PART B: Trading & Demat Account details (Application No is accepted only if the Demat A/c is opened with Kotak Securities)

Account Type  Ordinary Resident  Margin  Promoter  Foreign National  FPI  Others ____________________
In case of NRI/FN  RBI Approval Reference Number RBI Approval Date D D / M M / Y Y Y Y
Nature of A/C  Offline  Online (Internet Trading and Mobile Trading)
DETAILS OF ACCOUNT HOLDER(S) Date D D / M M / Y Y Y Y
Sole/First Holder First Name
MOHIT SINGH Middle Name Last Name
PAN K V P P S 1 4 2 8 Q

Second Holder First Name Middle Name Last Name

PAN

Third Holder First Name Middle Name Last Name

PAN

Depository A/c Details (Through which transactions will be routed)

*Please map the DP account to be opened vide aforesaid Application No. to this Trading Account (Application No is accepted only if the Demat A/c is opened
 New DP  Existing DP with Kotak Securities)
Depository Name  NSDL  CDSL DP ID I N 3 0 0 2 1 4

Depository Participant _________________________

Kotak Securities Ltd Beneficiary ID (BO ID)
Additional DP Details DP ID _______________________ Beneficiary ID _____________________
(For more, provide details on a separate DP Name____________________Depository Name___________________
sheet in the format given above)
Declaration in lieu of PAN  I do not have PAN as I am not liable to obtain the same as per any provisions of the Income Tax
No. (U/s 139 Rule 114B) Act. (For instance in case of investors residing in Sikkim, SIP of mutual funds upto Rs. 50,000 p.a.).

Trading Preference

Trading Preferences - for segments other than commodities Trading Preferences - for commodity derivatives segment
Please sign in the relevant boxes where you wish to trade. Please strike off the segment not chosen by you.
Note: Please sign in the relevant boxes against the Exchange with which
NSE, BSE NSE, BSE NSE, BSE NSE, BSE you wish to trade. The Exchange not chosen should be struck off by the client.
c
Cash / Mutual Fund F&O Currency SLBM NCDEX MCX NSE
c c c
This document is This document is This document is This document is This document is This document is
digitally signed. digitally signed. digitally signed. digitally signed. digitally signed. digitally signed.

X
Please refer to Please refer to Please refer to Please refer to Please refer to Please refer to
Annexure A for Annexure A for Annexure A for Annexure A for Annexure A for Annexure A for
digital Signature digital Signature digital Signature digital Signature c digital Signature digital Signature
c c

Date of Consent for Date of Consent for Date of Consent for

If you do not wish to trade in anyc of segments / Mutual Fund, please mention here: c
trading on concerned trading on concerned trading on concerned
Exchange: Exchange: Exchange:

28-12-2024 28-12-2024
 *Note: For the Exchange-segments as may be opted by you in the above table, please note that KSL may offer trading access in one or more than one trading
c
platform of aforementioned Exchanges-segments, which may be subject to change from time to time. To know the details, we request you to get in touch
with your Relationship Manager or the designated Customer Service desk.
Financial Proof Enclosed (Required for activation of derivatives Segment)  ITR  Form 16  Annual Accounts  DP Statement  Salary Slip
 Networth Certificate  6 Months Bank Statement  Others Will submit Please Specify
later
 If I have opted for derivatives segment, I hereby confirm and understand that this segment will be activated when the demat holdings value exceeds the threshold set by KSL and updated on
the website from time to time. I acknowledge that the demat holding statement will serve as financial proof to activate the derivatives segment. In case I have uploaded any financial
proof for activation of the derivatives segment/s, wherein the financial proof is not meeting the Regulators or KSL’s criteria for any reason, the account will be opened and activated in
all opted segments except derivative segments, which shall only be activated once the appropriate financial proof is provided. Additionally, I am aware that I can also submit the
necessary documents for activating derivatives segments at the nearest KSL branch or through digital platforms post account opening.

Kotak Securities Limited: AMFI-registered Mutual Fund Distributor

In case you have opted for activation of the Mutual Fund segment in the above table, the following terms & conditions are applicable to your accountI/we have read and understood the
T&C, details, rules and regulations governing the scheme and content of the Scheme Information Document (SID) / Statement of Additional information (SAI), Key Information
Memorandum (KIM) etc. of the mutual fund schemes. I/we understand that KSL is a distributor of MF’s of various Asset Management Companies (AMC’s) including Kotak Asset
management Company Ltd which is a group company and is entitled to receive commission for the schemes of various MF’s as distributor from various AMC’s. I/We shall abide and
ensure compliance to all the T&C, circulars / notices issued by the Exchanges, AMC, SEBI, AMFI and any other laws in force from time to time. I/We understand the risks involved in
investing in MF Schemes and also confirm that order for the purchase /sale of units of MF scheme(s) shall be on the basis of my/our own analysis and I/we shall be wholly responsible for
all my/our investment decisions. Details of AMC’s for whom KSL is a distributor are given below on our website under the link https://www.kotaksecurities.com/ksweb/mutual-funds.
I/We hereby give you my/our consent to share/provide the transactions data feed/portfolio holdings/NAV etc. in respect of my/our investments as required. I/we understand and
acknowledge that Riskometer is a self-assessment of risk by the respective AMC and the needle of the riskometer points to the level of risk associated with the Mutual Fund. Investors
Ver 13/21-22/070422

can use the riskometer to choose schemes which are in sync with their risk appetite. However, it is essential to note that although the riskometer can give an overall idea of the risk level,
there are many factors involved that should be considered while selecting a fund and a riskometer should not be the sole indicator. I/we understand that Investors should consult their
financial advisers if in doubt about whether the product is suitable for them. KSL shall not be liable for any loss incurred pursuant to financial decisions taken by me/us. I/We will be solely
responsible for the investment plans chosen by me/us which may have varying levels of risk like low, low to moderate, moderate, moderately high, very high etc. and I/we shall
independently evaluate all risks arising out of the same keeping my/our investment objectives in mind.
 216121 21312162400978
MANDATORY
DIS Booklet (please tick any one) Option for issuance of DIS booklet alongwith account opening
(To be filled by persons seeking to open a depository account who have given Power of Attorney to operate the depository account to a Portfolio Manager or
Demat Debit and Pledge Instruction to operate the depository account to a Stock Broker)
✔ I/We do not wish to receive the DIS booklet with account opening. However, the DIS booklet should be issued to me/us on my/our request at any later date.
c
c I/We wish to receive the Delivery Instruction Slip (DIS) booklet with account opening.

Mode of Receiving Statement of Account [Tick any one] c Physical Form ✔ Electronic Form
c
(Read note and ensure that email id is provided in KYC application form)
Note: For receiving Statement of Account in electronic form: I. Client must ensure the confidentiality of the password of the email account. II. Client must promptly inform the
Participant if the email address has changed. III. Client may opt to terminate this facility by giving 10 days prior notice. Similarly, Participant may also terminate this facility
by giving 10 days prior notice.

Past Actions
Details of any action/proceedings initiated/pending/ taken by SEBI/ Stock Exchange/any other authority against the applicant/ constituent
or authorized person in charge of dealing in securities during the last 3 years. c Yes ✔ No
c
If yes, provide details: ______________________________________________________________________________________

Dealings through Authorised person and Other Stock Brokers

• If client is dealing through the Authorised person, provide the following details:
Authorized person name __________________________________ SEBI Registration number _______________________________
Registered Office Address ___________________________________________________________________________________
Phone _________________________ Fax __________________- Website ___________________________________________
• Whether dealing with any other Stock Broker/Authorised person (if case dealing with multiple Stock Brokers/Authorised person, provide details of all)
Name of Stock Broker ____________________________ Name of Authorised person, if any __________________________________
Client Code ____________________________________ Exchange _________________________________________________
• Details of disputes/dues pending from/to such Stock Broker/Authorised person: c Yes ✔ No
c
If yes, _________________________________________________________________________________________________

Additional Details
• Whether you are an Investment Advisor registered with SEBI
c Yes c✔ No If yes, please provide SEBI Registration no. ____________________________________________________
• Whether you are an employee / authorised representative/clerk in the employment of another trading member?
c Yes c No (If yes, attach the NOC of other trading member.)
• Preference for receiving Standard documents* c ✔ Electronic c Physical (In case your preference is ‘Physical’ then please ensure that
you receive the copy of Standard documents from sales person before account opening.)
*Standard documents includes Rights & Obligations document, Risk Disclosure document & Guidance Note.
(Ref: SEBI Cir. No. : CIR/MIRSD/64/2016 dated July12, 2016)
• Whether you are Member / Authorised person / Remisier of any Exchange: c Yes c No
If yes, please provide SEBI Reg. Number ________________________________________________________________
• Whether you wish to receive Physical Contract Note or Electronic Contract Note (ECN)
c Physical c ✔ Electronic Specify your Email Id Same as mentioned in Part A
[email protected]

Other Details
First Holder
The Mobile No. mentioned on Part A belongs to c Self c Spouse c Dependant Children c Dependant Parent
Name of the relative ___________________________________________________ PAN
The Email ID mentioned on Part A belongs to ✔ Self
c c Spouse c Dependant Children c Dependant Parent
Name of the relative ___________________________________________________ PAN
Second Holder
The Mobile No. mentioned on Part A belongs to c Self c Spouse c Dependant Children c Dependant Parent
Name of the relative ___________________________________________________ PAN
The Email ID mentioned on Part A belongs to c Self c Spouse c Dependant Children c Dependant Parent
Name of the relative ___________________________________________________ PAN
Third Holder
The Mobile No. mentioned on Part A belongs to c Self c Spouse c Dependant Children c Dependant Parent
Name of the relative ___________________________________________________ PAN
The Email ID mentioned on Part A belongs to c Self c Spouse c Dependant Children c Dependant Parent
Name of the relative ___________________________________________________ PAN
Ver 13/21-22/070422

Standing Instructions
• I/We authorise you to receive credits automatically into my/our account. c
✔ Yes c No

• For Joint accounts, communication to be sent to (Refer note 16 on page 15) c First holder c All joint account holders

11
 216119 21312162400978
MANDATORY
Other Details - 1st Holder Gross Annual Income Details (please specify):
Income Range per annum FBelow `1 lac F` 1-5 lac ✔ 5 -10 lac
F` F` 10 -25 lac FMore than ` 25 lac
OR
Net-worth in ` (Net worth should
not be older than 1 year) as on D D / M M / Y Y Y Y

FPolitically Exposed Person *(PEP)

Please tick, if applicable ✔
FNone
FRelated to a Politically Exposed Person *(PEP)

Any other information ______________________________________________________________________

GSTN

Other Details - 2nd Holder Gross Annual Income Details (please specify):
Income Range per annum FBelow `1 lac F` 1-5 lac F` 5 -10 lac F` 10 -25 lac FMore than ` 25 lac
OR
Net-worth in ` (Net worth should
not be older than 1 year) as on D D / M M / Y Y Y Y

FPolitically Exposed Person *(PEP)

Please tick, if applicable FNone
FRelated to a Politically Exposed Person *(PEP)

Any other information ______________________________________________________________________

GSTN

Other Details -3rd Holder Gross Annual Income Details (please specify):
Income Range per annum FBelow `1 lac F` 1-5 lac F` 5 -10 lac F` 10 -25 lac FMore than ` 25 lac
OR
Net-worth in ` (Net worth should
not be older than 1 year) as on D D / M M / Y Y Y Y

FPolitically Exposed Person *(PEP)

Please tick, if applicable FNone
FRelated to a Politically Exposed Person *(PEP)

Any other information ______________________________________________________________________

GSTN

SMS Alert facility Mandatory if you are giving Power of Attorney (POA). Ensure that the mobile number is provided in the KYC Application Form

Sole/First Holder ✔Yes

F FNo Second Holder FYes FNo Third Holder FYes FNo

Bank Details
Account Type ✔
FSaving FCurrent Bank Account No. 55550120840523

THE FEDERAL BANK LTD

Bank Name _______________________________________________ CRN No. _________________________
FEDERAL BANK INTEGARTED STARTTUP COMPLEX KSUM HMT COLONY KALAMASERRY ERNAKULAM KERALA 683503
Branch Address ____________________________________________________________________________

Pin _______________ FPl Chq leaf FNon - PL Chq leaf with Pass-book copy / Bank statement

FDRL0005555
IFSC Code ___________________ 682049068
MICR No. _____________________
ERNAKULAM
City ________________________ KERALA
State ____________________________ India
Country _______________________
Ver 3/18-19/271119

Nature of Account ✔
FSingle FJoint

Joint Account Holders (if any) 1 ____________________ 2 ______________________

*Politically Exposed Persons (PEP) are defined as individuals who are or have been entrusted with prominent public functions in a foreign country, e.g., Heads of States or of Governments, senior
politicians, senior Government/judicial/military officers, senior executives of state owned corporations, important political party officials, etc.

12
 216119 21312162400978
MANDATORY
Information About Investment Experience
Number of years of
Investment/Trading Experience 0-2 years

Educational Experience ✔
FNon Graduate FGraduate FPost Graduate FProfessionally Qualified FOther______

Name of Employer (if Employed)

Name of Establishment (if self Nature of Business _________________
employed/business/professional others)

Office Address _______________________________________________________________________

City _________________ State ___________________ Pin ______________

Demat Account Service

I am aware that as per SEBI circular SEBI/HO/MIRSD/POD-1/P/CIR/2024/91 dated June 28, 2024, my account would be opened under Basic Services
Demat Account (BSDA) facility. In case I wish to opt for a regular demat account, I am aware that I am required to provide my consent by way of email
from my registered email id in my demat account to the email id: [email protected]

Guardian Details (where Demat sole holder is minor)

For account of a minor, two KYC Application Forms must be filled i.e. one for the guardian and another for the minor (to be signed by guardian)

Guardian Name First Name Middle Name Last Name

PAN Relationship of guardian with minor _____________________________________

Introducer Details
FIntroducer ✔
FSelf Introduced FIntroduced by others (If introduced by others please fill up below details)

Name of Introducer Surname Name Middle Name

Address of Introducer
Employee/Authorised person/Remisier/Authorised Person/Existing client Introducer’s Signature
Status of Introducer I
Others, Please specify

Tel. No. of Introducer

Disclosure and noting of member’s pro account trading

I/We confirm that l/we have made note that Kotak Securities Ltd. trades in its OWN/PRO account in National Stock Exchange of India
Limited (NSE), Bombay Stock Exchange Limited (BSE) and Metropolitan Stock Exchange of India Limited (MSE).
Declaration
1. I/We hereby declare that the details furnished above are true and correct to the best of my/our knowledge and belief and l/we undertake
to inform you of any changes therein, immediately. In case any of the above information is found to be false or untrue or misleading or
misrepresenting, I am/we are aware that l/we may be held liable for it.
2. I/We confirm having received and read/been explained and understood the contents of the document on policy and procedures of the stock
broker and the tariff sheet.
3. I/We further confirm having received/read and understood the contents of the ‘Rights and Obligations’ document(s), of stock broker/
Authorised person & clients and Rights And Obligations of beneficial owner and depository participant, ‘Risk Disclosure Document’
‘Additional risk disclosure documents’ for options and ‘Guidance Note’ including commodities, ‘Rights And Obligations of the Clearing
Member/Participant and its client in relation to the Securities Lending And Borrowing Scheme’, ‘Additional risk/obligation/liability statement
in case of trading through wireless technology/Smart Order Routing/Mutual Funds on Exchange platform’, ‘FAQ on Anti Money laundering
(AML)’ and nomination. I/We do hereby agree to be bound by such provisions as outlined in these documents. I/We have also been informed
that the standard set of documents has been displayed for Information on Company’s designated website www.kotaksecurities.com at http://
kotaksecurities.com/ksweb/Important-Policies.
4. The rules and regulations of the Depository and Depository Participants pertaining to an account which are in force now have been read by
me/us and l/we have understood the same and l/we agree to abide by and to be bound by the rules as are in force from time to time for
such accounts.
5. I/We understand that I can submit either of the following document copy as an address proof for registration.
a. Voter ID Card, b. Driving License, c. Passport, d. Aadhaar Card, e. Utility Bills etc. I willingly give my consent to Kotak Securities Limited to
Ver 3/18-19/271119

accept copy of my Aadhaar card and proceed with the referred application.
Client Signature (1st Holder) Client Signature (2nd Holder) Client Signature (3rd Holder)
c 4 c 4 c 4
This document is digitally signed.
13 9 9

Please refer to Annexure A for

digital signature
Note: You can view the copies of your executed client registration form (KYC) and other documents on www.kotaksecurities.com from 5.00 pm to 8.00 am post login to your account or you will
receive the copies of Client Registration Form and other documents executed by you along with welcome letter, as per your preference. It is your responsibility to check, scrutinize the said forms and
documents and intimate discrepancies, if any to KSL immediately.

13
 21312162400978

Kotak Infinity, 8th Floor, Bldg. No. 21, lnfinity Park, Off Western Express Highway,
Goregaon-Mulund Link Road, Malad (E) , Mumbai - 400 097  4285 6825.
Multiple Nomination Form Query ID
FORM FOR NOMINATION (To be filled in by individual applying singly or jointly) Trading Code / UCC
Date D
2 D8 M 1 M2 Y2 Y0 2Y Y 4 DP ID I N 3 0 0 2 1 4
Client ID
I / We wish to make a nomination. [As per details given below]
Nomination Details
c I / We wish to make a nomination and do hereby nominate the following person(s) who shall receive all the assets held in my / our account in
the event of my / our death.
Nomination can be made upto three Details of 1st Nominee Details of 2nd Nominee Details of 3rd Nominee
nominees in the account.
1 Name of the nominee(s) (Mr./Ms.) DEEPAK SINGH

2 Share Equally 100 % % %

of each [ lf not equally, Please
Nominee specify Percentage ] Any odd lot after division shall be transferred to the first nominee mentioned in the form.
3 Relationship with the Applicant (If Any) Others
4 Address of Nominee(s) S O MADAN MOHAN SINGH MAHAVIR GALI VINOBA

City / Place :
NAGAR SADABAD SADABAD SADABAD HATHRAS UTTAR
PRADESH 281306HATHRAS Uttar Pradesh India

State & Country :

PIN Code 2 8 1 3 0 6
5 Mobile/ Telephone No. of nominee(s) # 9068901626
6 Email ID of nominee(s) # [email protected]
7 Nominee Identification details #
[Please tick any one of following and provide
details of same]
c Photograph & Signature c PAN
c Aadhaar c Saving Bank account No.
c Proof of Identity c Demat Account lD
Sr. Nos. 8-14 should be filled only if nominee(s) is a minor:
8 Date of Birth {in case of minor
nominee(s)}
9 Name of Guardian (Mr./ Ms.)
{in case of minor nominee(s)}
10 Address of Guardian(s)
City / Place :
State & Country :
PIN Code
11 Mobile/ Telephone No. of Guardian(s) #
12 Email ID of Guardian(s) #
13 Relationship of Guardian with
nominee
14 Guardian Identification details #
[Please tick any one of following and provide
details of same]
c Photograph & Signature c PAN
c Aadhaar c Saving Bank account No.
c Proof of Identity c Demat Account lD

Name(s) of holder(s) Signature(s) of holder
Sole / First Holder (Mr./Ms.) MOHIT SINGH C
This document is digitally signed. Please refer to Annexure A for digital Signature

Second Holder (Mr./Ms.) 2

Third Holder (Mr./Ms.) 3

* Mandatory details of witness required for Nomination in case the account holder affixes thumb impression, instead of signature.
# Optional Fields (Information required at Serial Nos. 5,6,7,11,12, & 14 is not mandatory)
* Mandatory details of witness required for Nomination in case the account holder affixes thumb impression, instead of signature.
Name of the Witness Address of the Witness Signature of the Witness
CW

&
Date D D M M Y Y Y Y ACKNOWLEDGEMENT
Nomination Form
From Query ID
having Trading Code Client ID
Your request will be processed within a tentative period of 7 days from the date of receipt or complete documents In case of queries regarding the status of the
request, We request you to call on Customer Service No. 1800 209 9191. Demat related complaints write at [email protected]
For any other queries or complaints write at [email protected]
Kotak Infinity, 8th Floor, Bldg. No. 21, lnfinity Park, Off Western Express Highway, Gen A.K. Vaidya Marg, Malad (E), Mumbai - 400 097 Tel.: 91-22-4285 6825
14
14
1
 21312162400978

Declaration Form for opting out of nomination

Kotak Infinity, 8th Floor, Bldg. No. 21, lnfinity Park, Date D D M M Y Y Y Y
Off Western Express Highway, Goregaon-Mulund Link Road, Query ID
Malad (E) , Mumbai - 400 097 X 4285 6825
Trading Code / UCC
DP ID I N 3 0 0 2 1 4
Client ID (only for Demat account)
Name(s) of holder(s)
Sole / First Holder Name
Second Holder Name
Third Holder Name
c I / We hereby confirm that I / We do not wish to appoint any nominee(s) in my / our trading / demat account and understand
the issues involved in non-appointment of nominee(s) and further are aware that in case of death of all the account holder(s), my
/ our legal heirs would need to submit all the requisite documents / information for claiming of assets held in my / our trading
/ demat account, which may also include documents issued by Court or other such competent authority, based on the value of
assets held in the trading / demat account.

Signature(s) of holder
Sole / First Holder (Mr./Ms.) C

Second Holder (Mr./Ms.) 2

Third Holder (Mr./Ms.) 3

* Mandatory details of witness required for Nomination in case the account holder affixes thumb impression, instead of signature.
Name of the Witness Address of the Witness Signature of the Witness
CW

Notes :
1. The nomination can be made only by individuals holding beneficiary owner accounts on their own behalf singly or jointly. Non- individuals including society, trust, body corporate,
partnership firm and Hindu Undivided Family, holder of power of attorney cannot nominate. If the account is held jointly, all joint holders will sign the nomination form.
2. A minor can be nominated. In that event, the name and address of the Guardian of the minor nominee shall be provided by the beneficial owner.
3. Only individual / natural person(s) can be a nominee(s). The Nominee(s) shall not be artificial person created/dressed by the law or by a fiction such as trust, society, body corporate,
partnership firm, Hindu Undivided Family., etc. A non-resident Indian can be a Nominee, subject to the exchange controls in force, from time to time.
4. Nomination in respect of the beneficiary owner account stands rescinded upon closure of the beneficiary owner account. Similarly, the nomination in respect of the securities shall stand
terminated upon transfer of the securities.
5. Transfer of securities in favour of a Nominee(s) shall be valid discharge by the depository and the Participant against the legal heir.
6. The cancellation of nomination can be made by individuals only holding beneficiary owner accounts on their own behalf singly or jointly by the same persons who made the original
nomination. Non- individuals including society, trust, body corporate partnership firm and Hindu Undivided Family, holder of power of attorney cannot cancel the nomination. If the
beneficiary owner account is held jointly, all joint holders will sign the cancellation form.
7. On cancellation of the nomination, the nomination shall stand rescinded and the depository shall not be under any obligation to transfer the securities in favour of the Nominee(s).
8. Nomination can be made upto three nominees in a demat account. In case of multiple nominees, the Client must specify the percentage of share for each nominee that shall total upto
hundred percent. In the event of the beneficiary owner not indicating any percentage of allocation/share for each of the nominees, the default option shall be to settle the claims equally
amongst all the nominees.
9. On request of Substitution of existing nominees by the beneficial owner, the earlier nomination shall stand rescinded. Hence, details of nominees as mentioned in the FORM 10 at the
time of substitution will be considered. Therefore, please mention the complete details of all the nominees.
10. Copy of any proof of identity must be accompanied by original for verification or duly attested by any entity authorized for attesting the documents, as provided in Annexure D.
11. Savings bank account details shall only be considered if the account is maintained with the same participant.
12. DP ID and client ID shall be provided where demat details is required to be provided.
13. This nomination shall supersede any prior nomination made by the account holder(s), if any.
14. The Trading Member / Depository Participant shall provide acknowledgement of the nomination form to the account holder(s)

&
Date D D M M Y Y Y Y ACKNOWLEDGEMENT
Declaration Form for opting out of nomination
From Query ID
having Trading Code Client ID
Your request will be processed within a tentative period of 7 days from the date of receipt or complete documents In case of queries regarding the status of the
request, We request you to call on Customer Service No. 1800 209 9191. Demat related complaints write at [email protected]
For any other queries or complaints write at [email protected]
Kotak Infinity, 8th Floor, Bldg. No. 21, lnfinity Park, Off Western Express Highway, Gen A.K. Vaidya Marg, Malad (E), Mumbai - 400 097 Tel.: 91-22-4285 6825

2 15
 21312162400978

MANDATORY
Additional details for clients opting for commodity (Individuals)
Commodity Client Type :
✔ Individual  NRI PMS Clients


Commodity Client Category: (For details please refer description on page no. 2)
 Physical Commodity Trader  Processor/Miller  ✔ Retail – Individual  Farmer  Foreign Portfolio Investor-1
 Foreign Portfolio Investor-2  High Networth Individuals

Field Name Description Please tick relevant boxes for your categarization against commodities in which
you wish to trade.
Others - apart from
Value Chain Foreign Others -
Field Name Farmers Retail Individuals
Participant (VCPs) Participant Retail Individuals
(please specify)
ALUMINIUM
BRASS
CARDAMON
CASTORSEED
COPPER
COTTON
CPO
CRUDE OIL
GOLD
LEAD
MENTHAOIL
NATURAL GAS
NICKEL
PEPPER
REDPMOLEIN
SILVER
ZINC
NKRISHI
BARLEYJPR
CHANA
COCUDAKL
DHANIYA
GUARGUM5
GUARSEED10
JEERAUNJHA
KAPAS
MAIZEKHRIF
MAIZERABI
MOONG
PADYPB1121
RMSEED
SUGARM
SYBEANIDR
SYOREF
TMCFGRNZM
WHEATFAQ
BAJRA
MCXBULLDEX
MCXMETLDEX
RUBBER
MCXENRGDEX
Or 
✔ I declare that I am categorized under option ‘Others’ for each of the commodity mentioned above.

Client Signature (1st Holder)

c
This document is digitally signed. Please refer to
Annexure A for digital Signature

16
 21312162400978

MANDATORY
Client Category : Description :
Farmers/FPOs It includes participants such as farmers, farmers’ cooperatives, Famers Pro-
ducers Organisations (FPOs) and such entities of like nature. FPO / Farmers
consists of collectivization of Producers especially small and marginal farmers

Value chain participants (VCPs) It includes participants such as Processors, Commercial users as Dal and Flour
Millers, Importers, Exporters, Physical Market Traders, Stockists, Cash & Carry
participants, Produces, SMEs/MSMEs & Wholesalers etc., but exclude farm-
ers/FPOs.
Foreign participants It includes participants such as Foreign Portfolio Investors, NRIs etc. which are
allowed to trade in commodity derivatives markets.

Others All other participants which cannot be classified in the above categories.

Physical Commodity Trader Traders who trade in physical market such as Stockiest, Cash & Carry partici-
pants, Wholesalers, Importers, Exporters etc.
Processor/ Miller Involved in Processing of commodities such as Dal & Flour millers, Sugar mill-
ers, Oil processors
Retail Individual Clients who does not fall in any category

Signature of Account Holder

This document is digitally signed. Please refer to
Annexure A for digital Signature

17
 21312162400978

TARIFF SHEET Mandatory

Trade Free Youth

Product Name:

I, hereby, consent to the following charges:

Account Opening Fee - 0 Inclusive of GST

Subscription Fee - 0 Inclusive of GST
Initial Cash Margin - 0

Brokerage Rates:

Cash Equity Derivative Currency Derivative Commodity Derivative

Segment Segment Segment Segment
Delivery Intraday Futures Options Futures Options Futures Options
Rs.0 Rs.10 per order Rs.10 per order Rs.10 per order Rs.10 per order Rs.10 per order Rs.10 per order Rs.10 per order

Interest rates:
Description Interest Rates
Stock used as Margin 0.025% per day only on the non-cash collateral limits used above 50% of the total margin requirement

Margin Trading Facility (MTF) 0.041% per day

For Delayed Payments 0.049% per day
Interest would be charged on a monthly basis. Kindly refer our website for information on Margin Trading Facility (MTF)

Terms & Conditions:

1. Applicable only to anyone equal to or below the age group of 30 years.

2. Brokerage of Rs.10 per order will be charged for all Derivative, Currency and Commodity Carry-forward transactions.

3. Brokerage of Rs.49/- per executed order will be charged for orders placed through dealers/ customer service executives and trades squared off
by Kotak Securities.

4. Processing fee for Securities Lending & Borrowing Mechanism (SLBM) will be 15% of lending & borrowing fee, subject to minimum of 10 paise
per share.

5. For all trades, a nominal charge of 0.01 paisa per order will apply.

6. Brokerage will not exceed the rates specified by SEBI and the Exchanges.

7. STT, CTT, GST and all other exchange/ regulatory/ statutory charges/ taxes will be levied at the prevailing rates informed by the respective
Authorities and as amended from time to time.

8. For stock used as margin, interest rate will be charged at 8.99% per annum for derivative trades (For non-cash collateral limits used above 50%
of the total required margin)

9. Rs.100 will be charged as additional brokerage for every order liquidated in case of any shortfall of margins / recovery of debits in your account.

10. Interest rate of Stock used as Margin for derivative trades will be 0.025% per day only on the non-cash collateral limits used above 50% of the
total margin requirement

11. Brokerage of only 0.001% will be levied for all Liquid ETF, brokerage of only 0.01% will be levied for all Government Securities & Treasury bills
and brokerage of only 0.05% will be levied for delivery trades in all other ETF’s. Brokerage will not exceed the rates specified by SEBI and the
Exchanges.

For Office Use Only:

DP Rate Product Cash Derivative Currency Commodity
Signature of account holder
Code Code
This document is digitally signed. Please
refer to Annexure A for digital Signature.
3Y YP 34795 80277 80277 3137

18
19
 21312162400978
216122 MANDATORY
POLICIES & PROCEDURE FOR CLIENT DEALINGS ing arising out of trades and/ or ancillary services availed by the
A. Refusal of orders/restrictions on trading in penny stocks client on or before due date.
and illiquid stocks: In case of outstanding balances in account, penal interest will
We define penny stocks as those stocks where the market price is be levied on the client to deter them from delaying the payment
below or close to par, with the company financials being weak with in future. The company may determine the rate of interest to be
indicators such as loss, accumulated losses, low sales revenue, low charged, at its sole discretion and same will be communicated in
or negative net worth, signs of inactivity in the company, which debit note sent to the clients. KSL may revise the interest rate at its
are having very less value. KSL may from time to time identify sole discretion and revised interest rate along with effective date
such stocks and put trading restriction on the trades in such penny will be communicated through e-mail and or SMS and/or through
stocks. In addition to these stocks KSL may also include other stocks any other electronic means. The same will be reflected in the debit
in the list of restricted stocks such as stocks in Z category, Trade to notes. Interest will be calculated considering balance lying across
Trade Settlement or TS category, the scrips which are included in the all exchange and segment on any given day.
list of illiquid scrips by the exchange/s or any other scrip which KSL Margins provided by the client in the form of funds and or securities
deem fit for the purpose putting trading restriction. shall be interest free and KSL shall not be liable to pay any inter-
The restriction on above stocks may be as to the price, quantity est on the same. Any amounts which are overdue from the Client
or mode of placement of orders. Accordingly KSL reserves the towards trading either in the cash or derivative segments or on ac-
right to disable certain scrips for trading on online trading facility/ count of any other services availed by the client including deposi-
Authorised Person/branch trading terminals or put quantity or price tory services among the other services etc from KSL will be charged
restrictions while putting trade orders. In such case, client may be interest on debit balance at the rate not higher than 0.066% per
allowed to place the trades subject to certain restrictions, through day compounded on monthly basis or other such rate as may be
KSL’s centralized dealing desk after enhanced due diligence of the determined by KSL and as communicated from time to time. KSL
orders. will directly debit the same to the account of the Client at the end
In case of clients using Internet trading facility, they may not find of each month. Further, KSL will also debit charges for depository
the scrip name or may not be able to place any order in the scrip, if services availed from it to the trading account of clients.
such scrip is one of the restricted scrips. A client can enquire with Notwithstanding the foregoing, in case of force majeure event, KSL
KSL’s dealer or customer service executive about any trading reserves the right to revise the rate of interest at its discretion with
restriction on any scrip. prior intimation to the client. Clause D is also applicable to the Mar-
The above referred restrictions are placed on the trading activities of gin Trading Facility availed by the Client.
the client as these stocks are exposed to price rigging and other
market manipulative activities. Further, KSL as a member of the E. The right to sell clients’ securities or close clients’positions,
stock exchanges is expected to have proper surveillance and monitoring without giving notice to the client, on account of non-pay-
mechanism on the trading activities of their clients, particularly on ment of client’s dues (This shall be limited to settlement/mar-
penny and illiquid scrips. gin obligation/debit balance of client)
Clients may note that KSL shall have right to reject the orders “As per KSL’s Risk Management System (RMS) policy and regulatory
placed by the Client and/or put circuit breakers to discourage trades guidelines, in case the client has not paid the amount towards the
getting executed at unrealistic prices from the current market securities purchased, KSL may transfer those securities in “Client
price of the security or prohibit the Client from trading in illiquid Unpaid Securities Account (CUSA)”. Once the dues in the client’s
securities which creates artificial liquidity or manipulates prices or account are cleared, the securities will be transferred to the client’s
to discourage Client from cross/ synchronized trading and KSL shall demat account. In case of non-payment of dues, securities may be
not be liable for any loss arising out of non acceptance or rejection disposed-off within 5 trading days from the date of pay-out and
of the Client orders for any such reason if the Client fails to give any excess securities, would be transferred to the client’s demat
sufficient reason for placing such orders. account.
KSL shall accept securities as collateral by way of margin pledge /
B. Setting up client’s exposure limits : re-pledge only, in accordance with the company’s RMS policy and
KSL may from time to time at its sole discretion, impose and vary prevalent regulations. In case the client has securities lying in the
the limits on the orders that client can place through it (including Demat account, it shall not be treated as margin unless client marks
but not limited to exposure limits, turnover limits, limits as to number, margin pledge in favour of KSL against the same.
value and/kind of securities/ contracts in respect of which buy or sell Further, KSL reserves the right to liquidate all or any of the securi-
orders can be placed). KSL may need to vary or reduce the limits or ties lying in the Demat account of the client in case of any margin
impose new limits urgently on the basis of its risk perception and requirement / to settle the dues arising from time to time. Clients
other factors considered relevant and KSL will make all necessary are required to keep themselves updated with the RMS policy which
attempts to inform clients of such changes. may be published and as updated by KSL on it’s website from time
Further KSL may as risk containment measure at any time at its sole to time.”
discretion and without prior notice, prohibit or restrict the client’s The liquidation of securities would be based on various parameters
ability to place the orders or trade in all of some of securities/ contracts including but not limited to liquidity, volatility, categorisation,
through member. The exposure limits are generally based on the co-ncentration, or any single stock or set of stocks that has value
availability of the margin in the client’s account. Margin may be close to the amount outstanding, or based on any corporate action
in the form of funds and /or in the form of securities with KSL. The that is getting triggered in the stocks held or events that could
client shall be permitted to trade upto a pre-determined number trigger price fluctuation in any particular sector or a particular
of times of the margin (the “Multiple”) and the quantum of the company.
Multiple on the margin shall be decided at sole discretion of KSL. KSL may in its sole discretion, determine the day, time of sell and
which securities to be liquidated and / or which open position/s is /
C. Applicable brokerage rate: are to be closed out.
Brokerage will be charged to the client based on the brokerage Without prejudice to other rights (including the right to refer a
rates specified at the time of account opening or as per the matter to arbitration), KSL would be entitled to liquidate/close out
product/scheme opted by the client from time to time. Based on the withut any notice all or any of the client’s position for non payment
value of business done by the client, KSL may reduce the brokerage of margins or other amounts, outstanding debts etc. and adjust the
rate at its sole discretion, which will be communicated through the proceeds of such liquidation/close out, if any, against the clients
relationship manager/e-mail communication and / or reflection of liability / obligations. Any and all losses and financial charges
amount in the contract notes for further trades. However, any on account of such liquidation/closing out shall be charged to and
increase in brokerage rate will either be done with the consent of borne by the client.
the client or at the discretion of KSL by giving 15 days advance Company on best effort basis will try and inform the client and
notice to the client. The brokerage rate shall be within the give him reasonable time for payment. However it will be the
permissible limit set by SEBI/Exchanges. responsibility of client to track his margins/ obligations by going
through margin statements sent to the client on daily basis.
D. Imposition of penalty/interest on debit balance : The client shall be responsible to track his shortfall daily on real
KSL requires all its clients to make the payment towards outstand- time and clear such shortfall, if any, arising in his account.
20
 21312162400978
216122 MANDATORY
Notwithstanding hereinabove, KSL shall be entitled to liquidate Internal Securities Shortage will be settled as given below:
close out all or any of the client’s positions without any notice to
the client during market hours in case the Client fails to provide A. All Seller Clients defaulting Securities Pay-In, will be debited
required margin and / or any other payment or if there is any with Provisional debit
substantial / complete erosion of margin due to volatility in the a. Provisional Debit will be computed based on Previous
market. On substantial / complete erosion of margin due to any Day’s Closing Price
reason whatsoever, the decision of KSL shall be final and binding b. Provisional Debit will be 150% of Closing Price
on the client. The stock broker may exercise all or any of the above c. Provisional Debit will be reversed to Client upon actual debit of
rights in such manner as the stock broker thinks appropriate, Auction Value
without demand for additional margin, security or collateral, or B. Closeout Value, shall be at the highest price prevailing on the
advance notice or advertisement, on any exchange or other market Exchanges from the day of trading till the Auction day or 5%
where such business can be transacted, at a public auction or by above the Closing/Settlement price on the auction day, whichever
private sale and the stock broker may be the purchaser / seller for is higher. Closeout price will be rounded off upto 2 decimal points.
its own account. The giving of any prior demand, call or notice shall
not be considered as a waiver of the stock broker’s right to exercise C. Accordingly, the Seller Client will be debited and the Buyer Client
its rights without any such demand, call or notice. The client agrees will be credited with a closeout value calculated as mentioned in
that in case of high market volatility, the stock broker may require point B above.
the client to pay instantaneous margins in addition to the margins
that may have already been paid by the client as per margin calls. For the purpose of Closeout Calculations, first preference will be
The client agrees that the stock broker may be compelled to do so in given to the price/rates available on NSE and next on BSE.
such circumstances of market volatility, in absence of the payment
of the said instantaneous margins by the client, Square-off all or any Once the Seller and Purchaser Client’s Contract is CLOSED as
Outstanding Positions, prevent any new orders from being placed per the Internal Shortage Closeout process mentioned above, No
and / or executed by the client or take such other action as the stock Obligation to Deliver / Receive Security/ies shall remain open for
broker thinks fit and proper. The client agrees that the stock broker either Clients/Parties. Clients/Parties shall not have any claim
may in exceptional circumstances be compelled to Square-off all against Kotak Securities Ltd for executing closeout due to such
or any Outstanding margin/ Positions or prevent any new orders Shortage/s.
from being placed and / or executed by the client or take such other Further, once Closeout is effected, either Clients/Parties will not
action as the stock broker thinks fit and proper, even without have any claim on Kotak Securities Ltd, for any benefits arising
calling for the payment by the client, of the aforesaid instantaneous on account of Corporate Action in such Securities.
margins by the client.
In case the payment of margin/security is made by the client through Closeout calculation is explained below with an example for ease
a bank instrument, KSL shall be at liberty to give the benefit/credit of understanding:
for the same only completion of bank reconciliation and
realization of the fund from the said bank instrument etc., at its Security Name Day Open High Close
absolute discretion. Where the margin/security is made available by Trade Day (T Day)
ABC & XYZ Ltd 100 104 98
way of securities or in any other acceptable form, KSL is empowered
to decline its acceptance as margin/security and/ or to accept it at ABC & XYZ Ltd Settlement/Auction Day (T+1 Day) 98 107 105
(Normal Course of Settlement)
such reduced value as the stock broker may deem fit by applying
haircuts at the rate prescribed by Exchange or by valuing it by marking Auction Day (T+2 Day)
it to market or by any other method as it may deem fit in its absolute ABC & XYZ Ltd 105 118 110
in Case Settlement Holiday
discretion. (Exception during Multiple Settlement)
KSL has the right but not obligation, to cancel all pending orders
and to sell/close/liquidate all open position/securities/ shares at the
pre-defined square off time or when mark to market percentage Explanation:
reaches or crosses stipulated margin percentage, whichever is In the above case for the Closeout purpose in Normal course of
earlier. KSL will have sole discretion to decide referred stipulated Settlement, KSL will compute 5% on closing price of Auction Day (T+1)
margin percentage depending upon the market condition. In the as Rs. 110.25 (105*5%) - referred to as Closeout Rate A. Highest
event of such square off, the client agrees to bear all the losses traded price till Auction day is Rs. 107 - referred to as Closeout Rate B.
based on actual executed prices. The client shall also be solely liable Hence, Rs.110.25 would be considered as the final Closeout Rate
for all and any penalties and charges levied by the exchange (s). being the higher of A and B.
F. Shortages in obligations arising out of internal netting of trades: Accordingly, Seller Client’s Ledger would be debited with Closeout
Value as (No. of Shares * Rate i.e. Rs. 110.25) and similarly Purchaser
Exchange has adopted a multilateral netting procedure Client’s Ledger would be Credited with Closeout Value.
to determine the Net Settlement Obligations (Delivery /
Receipt positions) of Members. Accordingly, Member would In case of Exception during Multiple Settlement, KSL will compute
have either Pay-In or Pay-Out Obligations for the Securities. In 5% on closing price of Auction Day (T+2) as Rs. 115.5 (110*5%) -
the case of Securities in the Trade for Trade – Surveillance referred to as Closeout Rate A. Highest traded price till Auction Day is
segment and Auction trades, obligations are determined on a Rs. 118 - referred to as Closeout Rate B. Hence, Rs.118 would be
gross basis of Members. i.e. every trade results into a considered as the final Closeout Rate being the higher of A and B.
Deliverable and Receivable Obligation of Securities.
Accordingly, Seller Client’s Ledger would be debited with Closeout
Within Kotak Securities Ltd, there is possibilities that there could Value as (No. of Shares * Rate i.e. Rs. 118) and similarly Purchaser
be positions of a client in the same scrip where counter Client’s Ledger would be Credited with Closeout Value.
party client is also of Kotak. This Opposite Buy and Sell
Positions of Clients within Kotak Securities Ltd, will have The above policy shall be effective from trades dated 01 April 2024.
internal netting on the Deliverable and Receivable Obligation of Please note that all Internal Securities Shortages will be settled as per
Securities. In such Internal Deliverable Positions, if the Seller the above Policy.
Client defaults in Delivering the Pay-In of Securities, it will
result into Purchasing client not receiving security delivery on
Settlement date and such shortages are called Internal
Shortage/s between Seller and Purchasing Clients of Kotak
Securities Ltd. Such Shortage would be settled as given below:

21
 21312162400978
216122 MANDATORY
G. Conditions under which a client may not be allowed Period Particulars IPV Declaration
to take further position or the broker may close the 12.01 months Client comes for re-activation (any segment) No Yes
existing position of a client: to 24 months
Under following circumstances a client may not be allowed to take Beyond 24.01 Transaction in IPO / MF or DP No Yes
further position and if required the existing position in his account months
may be also be closed: No transaction in any segment from the date of Yes Yes
Last Trade Date
• If there is a continuous debit Balance in client’s account.
• If there is insufficient margin in client’s account required to IPO/MF investments will not be restricted during the dormancy period.
maintain his open position. Further, in case details required for reactivation in UCC are not
available, the same needs to be submitted by the client.
• If client is not responding satisfactorily to the Company/ No Funds payout request will be entertained and client will be asked
regulatory enquiry on trades undertaken by him explaining the to activate the account. However, funds payout as required by SEBI
rationale for transactions or fails to provide documents to prove regulation, needs to be carried out even for dormant account.
beneficial ownership of shares, submit proof of income/Net
worth etc K. Penal charges that may be debited to the Client’s account:
KSL reserves the right to debit client’s ledger for any penal charges
H. Temporarily suspending or closing a client’s account at the
that may be charged by the Exchanges/ depositories on KSL on the
client’s request :
client level for any default/ violation of Exchange rule/regulations/
A client can request for temporary suspending or for permanent
bye laws/ circular/ guidelines / requirements occurring due to
closing his account. For permanent closure, client has to give a
omission or commission of any act on the part of the client. This
notice of one month and clear the dues, if any, in his account.
may i nclude penalty for short delivery of securities, shortfall in
Client account may be suspended by the company at any time:
margin payments, violation of client level position limits, client code
1. On directions received from any regulatory authorities.
modification etc. KSL shall have the right to recover such charges/
2. If client is not responding to the queries raised by the company
penalties like any other trade dues payable by the client and recover
related to his trade activities.
the same by selling the client’s securities.
3. If there is not a single active demat account linked to trading
account. L. Third party funds and securities:
4. Due to any other non compliance observed in the account. In accordance with SEBI circular dated August 27,2003, KSL
requires all its clients to make payout of funds and securities
I. Deregistering a client : from the account held in their name towards their settlement
Notwithstanding anything to the contrary stated in the arrangement, and margin obligation. Similarly, payout of funds will be made
KSL shall be entitled to terminate the arrangement with immediate in client’s name and securities will be transferred only to demat
effect in any of the following circumstances: account held in client’s name and registered with KSL. Proofs
i) If the action of the client are prima facie illegal improper or regarding account being held in client’s name i.e. copy of cheque
such as to manipulate the price of any securities or disturb the book/ bank statement in case of funds and copy of DP master
normal / proper functioning of securities either alone or in in case of securities needs to be provided by the client. Receipt
conjunction with others; of funds/ securities will be accepted only from these accounts.
ii) If there is commencement of any legal proceedings against the Payment made from any other account will be treated as “third
client under any law in force; party”. In no circumstance, third party funds and securities will be
iii) On the death/lunacy or other disability of the client; accepted towards settlement and/or margin obligation. In case,
iv) If the client being a partnership firm, steps taken by the client KSL observes that payment of funds or securities towards payin/
and/or its partners for dissolution of the partnership; margin obligation has been met from third party account, KSL
v) If the client suffers any adverse material change in his/her/ its reserves right not to give credit of funds/ securities to client/ reverse
financial position or defaults in any other/arrangement with the credit given and return the same to the source account from
KSL; where funds/securities were received. Client will be solely liable
vi) If there is reasonable apprehension that the client is unable to on account of any shortfall in meeting payin/margin obligation in
pay its debts or the client has admitted its inability to pay its this regard. Therefore, client needs to ensure that only securities
debts, as they become payable; belonging to the client are retained in the account and appropriate
vii) If the client is in breach of any terms, condition or covenant of proof regarding purchase / gift etc. needs to be provided to KSL. In
this arrangement; absence of the same, KSL reserves right to transfer the securities
viii) If the client has made any material misrepresentation of facts, to source account from where securities were transferred to cli-
including (without limitation) in relation to the security; ent’s demat account. In case client transfers securities to his demat
ix) If a receiver, administrator or liquidator has been appointed or account from third party account and sells the securities, KSL re-
allowed to be appointed of all or any part of the undertaking of serves the right to withhold the payout till client obtains NOC from
the client; the account holder from whose account shares were transferred for
x) If the client have taken or suffered to be taken any action for its sale.
reorganization, liquidation or dissolution;
xi) If the client has voluntarily or compulsorily become the
subject of proceedings under any bankruptcy or insolvency law
or being a company, goes into liquidation or has a receiver
appointed in respect of its assets or refers itself to the Board of
Industrial and Financial Reconstruction or under any other law
providing protection as a relief undertaking;
xii) If the covenant or warranty of the client is incorrect or untrue in
any material respect;
xiii) On the order from the appropriate authority;
xiv) In accordance with the provisions of arrangement entered into
with the client.
J. Policy on inactive (dormant) Account:
In order to protect the account of customer, KSL will deactivate the
trading accounts of the client, which are identified as “Dormant”
and report them as inactive in UCC.
A client will be marked as “Dormant” if there is no trading activity
in the account in the last 12 months across all exchanges in secondary
market.
Clients will be given an advance notice before deactivation of the
account. Once the account is deactivated, the customer will not be
able to place trades in any segments. Client can get his account
re-activated by following the below process. 22
 21312162400978
216122 MANDATORY
M) Policy on Handling of Good Till Cancelled Orders offered Institutional Equities:
by Members to Clients
1. Kotak Institutional Equities (KIE) division of KSL also
A] Background: - facilitates placing orders which are GTC/ Good Till Date
Exchanges vide its circulars NSE/INSP/62528 dated June 21, 2024 (GTD).
and 20240622-2 dated June 22, 2024, NSE circular 2. GTD orders are permitted in both F&O and Cash Equities
NSE/INSP/63789 dated September 06, 2024 and circulars issued segments
from time to time pertaining to ‘Policy on Handling of Good Till 3. Custodians of the client who are also registered Market
Cancelled Orders offered by Members to Clients’ mandated trading Intermediaries take care of margin requirements of
members to formulate a policy in case they offer “Good Till Institutional client’s trades
Cancelled” / “Good Till Triggered” orders or orders of a similar type. 4. The order will be valid till fully executed or cancelled by the
client.
It is further informed that the policy shall include: - 5. Orders are triggered when the price and conditions set by the
 Details of Good Till Cancelled/Good Till Triggered/orders of client are matched.
similar type provided by member including its validity.
 Manner of handling of such orders in case of corporate actions C] Manner of handling of such orders in case of
(e.g. cancellation, price reset, retaining, etc. for the unexecuted corporate actions:-
orders).
 Provide timeline within which the member shall intimate their Retail:
clients about details of upcoming corporate actions applicable 1. Order will be cancelled in case of following corporate
for such unexecuted orders of clients, which shall not be later actions: Delisting, Buyback, Takeover,Merger, Demerger,
than one day prior to the ex-date of the corporate action. Rights, Split, Bonus, and Special Dividend
Pursuant to the same, KSL has formulated this policy in line with the 2. Order will be cancelled maximum one day prior to ex-date
regulatory requirements.
Institutional Equities:
B] Details of Good Till Cancelled/Good Till  For Institutional clients, no cancellations are initiated.
Triggered/orders of similar type:-
Retail: D] Updating Clients of upcoming Corporate Actions: -
1. KSL enables its clients to place Good Till Triggered (GTT) Retail:
orders on its NEO platforms.  A prior notification will be sent to the client which shall not be
2. All clients registered on NEO can create a GTT order for all later than one day prior to theex-date of the corporate action.
segments viz. Equity, Futures, Options, Currency and Institutional Equities:
Commodity.  Institutional clients are informed well in advance about all
3. The following products are permitted: orders received under GTD concerning corporate actions
a. Equity- in cash and carry, NRML type order and MTF within 24 hours, ensuring timely communication upon order
b. F&O- NRML only. receipt.
4. GTT orders can only be placed by specifying a limit price.
GTT orders cannot be placed at market price. E] Other points: -
5. The order will be sent to the Exchange when the trigger price
set by the user matches the last traded price.  The said policy shall be made part of the Account Opening
6. When the order is triggered and sent to exchange, if for any Form/Kit under heading “Policy on Handling of Good Till
reason the order remains open at end of that trading day, Cancelled Orders of Client” of Policy and Procedures
then the order will be automatically cancelled. GTT order in document and shall also display the same on KSL’s website
such cases will not be placed again. under the section: Important Policies.
7. The client’s funds will be blocked at the time when the order  Any of the above condition can be changed without prior
is triggered. intimation at the discretion of KSL.
8. The order will be valid for a year or expiry of contract,  The Compliance Officer is authorized to provide any suitable
whichever is earlier. In case the GTT order validity date falls advice/clarification/exception on the said policy
on a non-trading day, the order is expired on the last trading
day which falls prior to such order validity date which is a Kindly note that the updated policies shall be available on the
non-trading day. website of the Company.
9. All GTT orders can be cancelled before the order is triggered. Additional Risk/Obligation / Liability Statement in the case of
10. The Brokerage rates and applicable charges are same for trading through Wireless Technology / Smart Order Routing
normal transactions and GTT orders. Further, GTT orders These terms contained in the present are in addition to and concurrent
shall be settled in the same manner as normal equity / with the terms of Rights and Obligation prescribed the Securities and
derivative markettransactions. Exchange Board of India (SEBI) wide its circular dated August 22, 2011
as amended from time to time and letter containing additional voluntary
11. Maximum orders that can be placed is 50. Limit can be revised terms and conditions. Following are the additional features, risks,
in future. responsibilities, obligations and liabilities associated with the securities
12. GTT orders can be placed at any point of day. trading using wireless technology, Smart order Routing applicable to
CLIENTS who wish to avail any such facilities from the Stock
Broker/MEMBER.

23
 21312162400978
216122 MANDATORY

Securities Trading using Wireless Technologies (STWT) I. MEMBER shall permit Smart Order option in cash segment only. Smart
order facility will not be available for After Market Orders.
1) The CLIENT agrees that the MEMBER shall not be liable or ii. Using Smart Order, the CLIENT may place market order after clearance
responsib le for non-execution of the orders of the CLIENT due of all the risk management validations set by the MEMBER.
to any link/system failure at the CLIENT/MEMBERS/EXCHANGE iii. For market order, system shall send the orders to the Exchanges based
end. on the available market depth. The order placed by the CLIENT will
2) The Stock Exchange may cancel a trade suomoto without be splitted and sent to the Exchange where there is best rate
giving any reason thereof. In the event of such cancellation, available for a particular quantity. If prices are equal in available
MEMBER shall be entitled to cancel relative contract(s) with Exchange then quantity will be the priority and system will place
CLIENT. order on the Exchange where total quantity is maximum for that
3) The information regarding order and trade confirmation shal be order type.
provided on the device of the CLIENT in case of securities 3) The CLIENT is aware that the trading member shall carry out
trading through the use of wireless technology. apropriate validation of all risk parameters before the orders are
4) The CLIENT is aware that as it may not be possible to give placed through the SOR system.
detailed information on transactions/ ledger/ contract note etc. 4) In case the CLIENT has availed Smart Order Routing facility he shall
to the CLIENT on a hand held device e.g. mobile phones etc. select the type of order he wishes to use for a particular trade.
minimum information would be given with address of the 5) The MEMBER shall ensure that alternative mode of trading system for
internet website/web page where detailed information would eg. Call and trade facility etc. is available in case of failure of Smart
be available. Order Routing facility.
6) The MEMBER shall maintain logs of all activities to facilitate audit
Smart order Routing Facility (SOR) trail.
7) The client shall also abide to the terms and conditions as may be
1) The CLIENT is aware that SOR is available for online customers and communicated regarding SOR facility from time to time or as is
the MEMBER shall route orders using this facility in a neutral published on the website of the MEMBER.
manner.
2) The MEMBER has explained and the client has understood the
best execution policy as mentioned below and its features for
SOR facility.

Best Execution Policy for Smart Order Routing:

Best Execution Policy sets forth policy and execution methodology
for execution of orders for securities listed on a securities exchange
within India and on specific client instruction regarding execution,
trading member shall endeavor to execute that order in accordance
with the following principle:

Client Signature (1st Holder) Client Signature (2nd Holder) Client Signature (3rd Holder)
c 9 c 7 c 7
21 12 12

This document is digitally signed.

Please refer to Annexure A for
digital signature

24
 21312162400978 MANDATORY

Kotak Infinity, 8th Floor, Bldg; No.21, Infinity Park, Off Western Express Highway, Goregaon Mulund Link Road,
Malad – (E), Mumbai – 400 097  91 22 4285 8082/8083
DP ID – IN300214
3Y
SCHEDULE OF CHARGES (Schedule A) Rate Code _______

The below tariff sheet will be applicable only on satisfaction of the conditions prescribed for the plan/product opted by you. In
case, the conditions prescribed therein are not met or in case you are not eligible for the same, then the standard tariff sheet
available on our website www.kotaksecurities.com shall be applicable.
With effect from 1st December, 2023 the schedule of charges are as follows: -

Sr.No. Account Head Rate Minimum Payable

1 Dematerialisation Rs.150/- per certificate and Rs.50/- per request
2 Rematerialisation
Rs.10 for 100 Securities(shares, bonds, mutual fund units etc) Rs.15/-

3 Market / Off-Market Transactions (debit) 0.04% of the value of securities Rs 20/- (Including of NSDL Charges of Rs.4)

4 Account Maintenance Charges* NIL

5 Pledge Charges (For margin purpose)

a Request Rs.20/- per Txn
b Invocation Rs.20/- per Txn
c Release (Un-pledge) Rs.20/- per Txn
d Re-Pledge FREE
6 Pledge Charges (For non- margin purpose)
a Request 0.05% of the value of securities Rs 30/-
b Invocation 0.04% of the value of securities Rs 30/-
7 DIS Booklet Re – Issuance Rs.100/- per DIS Booklet + Rs.50/- Courier Charges
8 Charges for CAS NSDL Charges (Refer Note below)
9 Charges for Client Master Report changes
NIL
(Applicable for Email/Address/Mobile/Bank etc.)

Notes:
Account Maintenance Charges (AMC) for BSDA (Basic Service Demat Account) Clients:

In accordance with the SEBI circulars (Ref # SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD1/P/CIR/2024/91 dated June 28, 2024), DP’s were advised to open all
new account as BSDA / convert all such eligible demat accounts into BSDA unless such Beneficial Owners (BOs) specifically opt to continue to avail the facility of a
regular demat account by way of email from their registered email id. For availing BSDA facility, the individual shall have only one BSDA in his/her name across all
depositories. In case the BSDA account holder converts such account into Non-BSDA (regular account) account or the account holder ceases to meet the eligibility
criteria for BSDA account, the charges applicable to Non-BSDA (regular account) shall be levied.

Value of Holdings in the Demat Account ( Maximum Annual Maintenance Charges (AMC)
Debt as well as other than debt securities combined)

Up to Rs. 4 lakhs NIL

More than Rs. 4 lakhs but up to Rs. 10 lakhs NIL
More than Rs. 10 lakhs Not a BSDA. Regular AMC would be levied.

• There are no charges payable at the time of opening the account. All charges excluding AMC will be billed on daily basis. AMC shall be levied on a monthly basis
• In case of delays in the payment payment of charges, the demat account can be frozen for all operations till such time all dues are cleared.
• Charges are subject to revision at the company's sole discretion subject to prior intimation to the clients or on revision in Depository charges. Any service not
quoted above will be charged separately.
• Value of transaction will be in accordance with rates provided by the Depository or actual transaction value, whichever is higher.
• STT, GST and GST and all other applicable regulatory and statutory charges will be charged as per current applicable rate,
• As per NSDL's circular dated August 30, 2013, NSDL will levy Rs. 500/- as Annual Maintenance Charges for Corporate Accounts, effective 1 st October,
2013. NSDL Charges would be levied to the respective account as regulatory charge and will be in addition to the DP charges levied by Kotak Securities
Limited as per the schedule of charges.
• For CAS Rs.0.75/- per transacted BO demat account for email, Rs.8/- per transacted BO demat account for physical CAS.
• DP charges are inclusive of depository charges unless specified as exclusive. If exclusive, depository charges would be recovered from the clients as per the
actual rate payable to the depository.

I/We h
haave re
read a
annd understo
stoood th
the
e “S
“Schedule of Charges” prescr
scriibed a
abbove and agree to
to abide by th
the sam
same.
Signature of account holders
Client Signature (1st Holder) Client Signature (2nd Holder) Client Signature (3rd Holder)
This This document
document is signed.
is digitally digitallyPlease
refersigned.Please
to Annexure A forrefer
digitalto
signature
Annexure A for digital

25
Charges for Other Services 21312162400978
I, hereby, consent to the following charges: MANDATORY

Schedule of Charges for Other Services

No Services Charges
1 Auction Charges On actuals (subject to minimum of ₹20 per auction)
2 Cheque Processing charges ₹50 + GST (for every Cheque deposit or withdrawal)
3 Cheque Bounce Charges ₹350 + Bank Charges
4 Research Call on SMS As per website
5 Password Printing and Dispatch Charges ₹100 per request + ₹50 courier charges
6 Product Change Charges ₹100
7 Contract Note (Digital) Free
8 Duplicate Hard Copy Contract Note on Client Request / ₹50 + GST per trading day for which contract notes have been
If opted for physical contract note / If email is bounced requested
9 Digital Copy (Email) Contract Note for Current/Previous Free
Financial Year
10 Digital Copy (Email) Contract Note for years prior to ₹200 per year per request
Previous
Financial Year
11 Inter-Settlement Charges ₹0.04% of transaction value (subject to minimum of ₹20)
12 Cheque Charges (in case electronic fund transfer to linked ₹250
account fails)

13 Statement Request
a Hard Copy ₹200 per statement per year + ₹50 courier charges
b Digital Copy/Email for Previous/Current Financial Year Free
c Digital Copy for prior to Previous Financial Year ₹200 per statement per year
14 Fund Transfers through Payment Gateway
a Kotak 3-in-1 Account (Trinity a/c) Free
b via Bank Payment Gateway ₹9
GST and all other applicable statutory taxes will be charged as per prevailing applicable rates, over and above the charges mentioned in the table.

Client Signature (1st Holder)

This document is digitally signed.

Please refer to Annexure A for
digital signature
26
 21312162400978 VOLUNTARY

Running Account Authorisation (strike off if not applicable)

To, Date D2 D
8 M
1 M
2 2Y 0Y 2Y 4Y
Kotak Securities limited Query ID
Client code: _____________________
Dear Sir,
In order to facilitate operations of my/our trading account opened under the aforesaid client code, I/we would like to
authorize Kotak Securities Ltd. (“KSL”) to maintain a running account, instead of settlement-to-settlement clearance of
funds due to me/us. In this regard I/we hereby authorize KSL to maintain a running account in accordance with circulars/
guidelines issued by SEBI/Exchanges from time to time.
Periodic settlement as indicated by me/us below (hereinafter referred as ‘settlement period’), will be done by KSL on the
first Friday of the Month/Quarter as per the preference opted by me/us . I/We agree that l/we shall be liable to pay the debit
standing to my account on the settlement date or any other date.
I/We agree that KSL may, at the time of periodic settlement retain funds as may be allowed by the Exchanges/SEBI, towards
margin obligations on current and future transactions and such funds towards any other unbilled services/charges for services
availed from KSL.
I/We agree that KSL shall not be liable for any claim for loss, loss of profit, loss of interest or for any consequential, incidental,
special or exemplary damages, caused by retention/settlement of such funds under aforesaid arrangement or otherwise.
I/We am/are aware that the authorization will be in force till the same is revoked by me/us. Further I/we may revoke the
authorization any time making a valid request for revocation. KSL may release the funds to me/us on settlement date or on
request or on revocation of authority, if sufficient margins in respect of my/our trading, across the Stock Exchange(s) and
across the segment of the Stock Exchange(s) are available with KSL.
I/We am/are aware that for the purpose of settlement of funds, the mode of transfer of funds shall be only by way of electronic
transfer viz NEFT, RTGS etc.
I/We shall prefer settlement of fund at such frequency as ticked below. Frequency Tick () - any one.
Frequency Tick () - any one
Monthly basis for all Segments c

Quarterly basis for all Segments c

✔

Daily basis (on Settlement to Settlement basis) in Cash and Monthly for other segments c

Daily basis (on Settlement to Settlement basis) in Cash and Quarterly for other segments c

Signature of Account Holder

c
This document is digitally signed. Please
refer to Annexure A for digital signature

&
Date D D M M Y Y Y Y ACKNOWLEDGEMENT

Query ID

Received the Application for Running account authorization ___________________________________________________

Having trading Code _________________________.

Employee Signature
c
For Kotak Securities Ltd. (Company seal)
Name of the Employee_____________________________
Employee Code: _________________________________

Your request will be processed within a tentative period of 7 days from the date of receipt of complete documents. In case of queries regarding the status of the
request, we request you to call up your home branch. Kotak Infinity, 8th Floor, Bldg. No.21, Infinity Park, Off Western Express Highway, Gen A.K. Vaidya Marg, Malad (E), Mumbai - 400 097 Tel.: 91-22-42856825

27
21312162400978
MARGIN TRADING FACILITY
216119 (MTF) Activation VOLUNTARY
Applicable for Online Clients.
Manually Allocate To Margin Trading Automatically Allocate To Margin Trading
TERMS AND CONDITIONS FOR AVAILING MARGIN TRADING 12) The MTF shall be provided only in respect of Shares permitted
FACILITY (MTF) by the SEBI/ Exchanges / KSL from time to time.
The terms and conditions prescribed hereunder form part of account 13) KSL to retain and / or pledge the securities and its corporate s,
opening form, shall be read in conjunction with the rights and benefits, if any, with KSL utilized for availing MTF till the amount
obligations as prescribed under SEBI circular no. CIR/ MIRSD/ 16/2011 due in respect of the said transaction including the dues to KSL
dated August 22, 2011 and the Rules, Regulations, Bye laws, Rights is paid in full by the Client.
and Obligation, Guidelines, circulars issued by SEBI and Exchanges 14) KSL to hold and / or to appropriate the credit lying in the Client
from time to time. account and/or any unutilized/ unpledged shares/ securities
A) The Client undertakes, authorizes, confirms and agrees to/ that: lying in demat account along with all other demat accounts /
Mutual Funds / IPO account of the Client towards the repayment
1) Avail MTF in accordance with the terms and conditions of MTF
of the outstanding dues thereof under MTF.
offered by Kotak Securities Limited (KSL).
15) Treat those securities available in demat account/s linked to the
2) Give consent to the Terms and Conditions herein through email/
trading account of the client , which are pledged in favour of
SMS from his email id / mobile number registered with KSL or
KSL as margin.
by online mode by logging-in on the website of KSL in a secured
manner or by physical mode or through any legally verifiable 16) Ensure required margin is maintained for MTF at all point of
mode/manner. time as specified by SEBI / Exchanges / KSL from time to time.
3) KSL at all times shall have the liberty to exercise its right in its 17) KSL at its sole and absolute discretion may increase / revise
sole discretion to determine the extent to which the MTF to be the limit of initial margin and maintenance margin, minimum
made to the Client. transaction amount from time to time, subject to SEBI /
Exchange / KSL requirements in this respect. The client shall
4) Pay interest as per clause “D” of mandatory policies and
abide by such revision, and where there is an upward revision
procedure for client dealing, executed at the time of opening
of such margin amount, the client agrees to make up the
the account and/or modified and communicated from time to
revised margin immediately, failing which KSL may exercise its
time by KSL.”
discretion / right to liquidate the security / collateral and / or
5) If the transaction is entered under MTF, there will not be any close out the position within 5 trading days from the day of
further confirmation that it is margin trading transaction other margin call. However, in case of shortfall in margin required for
than contract note. MTF positions up to Rs. 10,000, KSL may allow such shortfall to
6) Transaction/s to be considered for exposure to MTF shall be continue beyond 5 trading days at its absolute discretion.
informed to KSL in writing or in any other irrefutable mode of 18) Make good margin / margin call by placing the further margin
communication not later than T+1 day, else the same shall be immediately, failing which KSL may exercise its discretion /
considered under normal trading facility. Additional exposure right to liquidate the security / collateral and / or close out the
over debit balance (arising out of trade executed under normal position immediately depending upon the market conditions
trading facility), beyond trading day reckoned from pay-in date, and / or the volatility.
may be granted under MTF to the extent the Client is eligible
19) Notwithstanding anything contained in clauses 17 and 18
and subject to availability of required margin. In such event,
above, KSL may, in its sole discretion, determine the time of sell
KSL in its discretion may identify the eligible/excess securities
/ securities to be liquidated, and / or which contract(s) is / are to
available with the client and mark as collateral towards MTF.
be closed.
All credit arising out of sale transaction under MTF shall be
adjusted towards the debit under normal trading facility, if 20) All losses and financial charges on account of such liquidation/
any and subject to adequate margin being maintained for the closing out shall be charged to and borne by the client.
outstanding MTF debit. 21) KSL may immediately without any notice liquidate the security /
7) KSL shall not be bound to grant MTF to the Client (which collateral and or close out the position in the happening of the
decision shall be at the sole and exclusive discretion of KSL) following events:
and KSL shall not be required to provide any reasons thereof i. if any instrument for payment of Margin Money
nor shall KSL be liable for any damages (whether direct or / Monies is / are dishonoured;
consequential or whether or to the Client by reason of KSL ii. if the Client violates/breach any provision of this Ar
refusal to grant MTF to the Client. rangement or provides any incorrect or misleading
information;
8) Client includes Individual, Company, Partnership Trust, Hindu
iii. if the Client has voluntarily or compulsorily become
Undivided Family, Association of Person and Body of Individuals etc. the subject of any proceedings under any bankruptcy
9) The dues, wherever mentioned herein, includes but not limited or insolvency law or winding up or liquidation
to outstanding balances, interest, statutory taxes, duties, proceed ings or has a receiver or liquidator appointed
charges, penalties etc. in respect of MTF availed by the Client. in respect of itself or its assets or makes an application
10) The terms / conditions / Obligations of the Client as amended or refers itself to any authority for being declared as
from time to time shall be irrevocable and shall not be revoked a“sick company”, relief undertaking, bankrupt or in
by the death/dissolution/ winding up of the Client. solvent or seeking financial reconstruction or any other
like scheme (by whatever name called) or is dissolved
11) Accept all types of communications including order / trade or here is a change in the constitution whether on
confirmation, revision in margin, margin calls / decision to account of the admission of a new partner or the retire
liquidate the position / security / collateral, Margin statements, ment, death or insolvency of any partner or otherwise;
margin policies on haircuts / VAR margin, Risk management iv. the death, lunacy or other disability of the Client;
policies, Rights & obligations, allowable exposure, stock v. if there is reasonable apprehension that the Client is
exposure etc. through the Client’s E-mail / SMS at the email id unable to pay its outstanding dues or has admitted its
/ mobile number of the Client registered with KSL or by way of inability to pay its dues, as they become payable;
logging-in on website of KSL in a secured manner or physical
mode or any other legally verifiable mode.
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vi. if the Client is convicted under any criminal law in force; 3) KSL shall monitor and review on a continuous basis the client’s
vii. if any Asset or any Security is seized or made subject positions with regard to MTF.
to any distress, execution, attachment, injunction or 4) Additional exposure over debit balance (arising out of trade
other process order or proceeding or is detained or taken executed under normal trading facility), beyond fifth trading day
into custody for any reason; reckoned from pay-in date, may be granted under MTF to the
viii.default under any other arrangement or facility with any extent the Client is eligible and subject to availability ofrequired
Stock Broker is made by the Client. margin. In such event, KSL in its discretion may identifythe
eligible/excess securities available with the client andmark as
ix. there exists any other circumstance, which in the sole collateral towards MTF. All credit arising out of saletransaction
opinion of KSL, is prejudicial to the interests of KSL; under MTF shall be first adjusted towards the debitunder
x. Order passed by any regulatory, courts, statutory bodies normal trading facility, if any and subject to adequatemargin
etc. being maintained for the outstanding MTF debit.
22) The MTF facility may be withdrawn by KSL, in the event of client 5) In case the client determines to convert a normal trade into
committing any breach of any terms or conditions herein or at MTFe after the issuance of contract note, KSL shall issue
any time after due intimation to the client allowing such time to appropriate records to communicate to the Client, the change
liquidate the MTF position as agreed herein, without assigning in status oftransaction from Normal to Margin trading and
any reason. should includeinformation like the original contract number and
the marginstatement and the changed data.
23) In the event of termination of this arrangement, the client
shall forthwith settle the dues of KSL. KSL shall be entitled to 6) KSL when makes a ‘margin call’ to the client, shall clearly
immediately adjust the Margin Amount against the dues of indicate the additional / deficient margin to be made good.
the client, and the client hereby authorizes KSL to make such 7) Whenever securities are liquidated by KSL, the contract note
adjustment. After such adjustment, if any further amount is due issued for such margin call related transactions shall carry
from the client to KSL, the client shall settle the same forthwith. an asterisk or identifier that the transaction has arisen out of
Upon full settlement of all the dues of the client to KSL, KSL margin call.
shall release the balance amount to the client.
8) The daily margin statements sent by KSL to the client shall
24) KSL may release/ unpledged / transfer the securities utilized for identify the margin/collateral for Margin Trading separately.
MTF within 5 working days from the date of clearing the dues
to KSL. 9) Margin Trading Account where there is no transaction for 90
days and no dues outstanding from the client shall be settled
25) Lodge protest or disagreement with any transaction done under immediately.
MTF within 24 hours from the date of receipt of such document
/ statements / contract notes/ any other communications. 10) The stocks deposited as collateral with KSL for availing MTF
(Collaterals) and the stocks purchased under the MTF (Funded
26) Close / terminate the MTF at any time after clearing the dues of stocks) shall be identifiable separately and there shall not be
KSL. any commingling for the purpose of computing funding amount.
27) Any dispute arising between the client and KSL in connection 11) KSL shall close/terminate the account of the client forthwith
with the MTF, shall be referred to the investor grievance upon receipt of request from the client subject to the condition
redressal mechanism, arbitration mechanism of the respective that the client has paid the dues under MTF.
stock exchange”
12) The margin trading arrangement between KSL and the client
28) In case the securities to be deposited and / or purchased for shall be terminated; if the Stock Exchange, for any reason,
availing MTF belong to the promoter / promoter group, the withdraws the MTF provided to KSL or KSL surrenders the
client shall intimate KSL before such deposit and or purchase, facility or KSL ceases to be a member of the stock exchange.
else the same shall be treated as non-promoter holding.
13) The Client may opt to terminate the MTF in the event of KSL
29) I/We agree and confirm that Kotak Securities Limited(KSL) committing any breach of any terms or conditions herein or for
may appoint agents, credit bureau for carrying out the acts any other reason.
mentioned in or in relation to rendering its services. I/We
also agree and confirm that KSL may have different types of 14) If the client opts to terminate the MTF, KSL shall return to the
arrangements with various partners, group entities, vendors, client all the collaterals provided and funded securities retained
agencies, affiliates, agents, regulators etc and I/We consent to forthwith, but not later than 5 working days from the date of
share my/our account related information, reports issued by termination, on payment of all the dues by the client.
such credit bureau to any such parties for various Regulatory 15) KSL shall not use the funds of one client to provide MTF to
and other purposes. I / We confirm that my above consent is another client, even if the same is authorized by the first client.
unconditional and shall not contravene any Acts, Rules and 16) Investor Protection Fund (IPF) shall not be available for transactions
Regulations and amendments issued by Regulator / Legislature done on the Stock Exchange, through MTF, in case of any losses
from time to time. suffered in connection with the MTF availed by the client.
30) The terms and conditions and amendments made by KSL
from time to time is available on companies website www.
kotaksecurities.com
B) KSL undertakes, authorizes Client Signature (1st Holder)
c
1) Client shall be free to take the delivery of the securities at any
time by repaying the amounts that was paid by KSL to the
Exchange towards securities after paying all dues.
2) Client has a right to change the securities collateral offered
for MTF at any time so long as the securities so offered are
approved for margin trading facility.

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 21312162400978
VOLUNTARY
VOLUNTARY TERMS & CONDITIONS Legislature from time to time.
I/We, ___________________________________________
MOHIT SINGH
5. The Client is aware that the Member has an option to tape-
(hereinafter referred to as “the Client”) am availing/going to avail your record the conversations between the Client’s representative and
security trading services. In pursuance thereof, I/we, hereby voluntarily the Member, either personally or over the telephone, and hereby
and unconditionally state and declare that I/we have read and specifically permits the Member to do so. Such recordings may be
understood the terms and conditions mentioned hereinafter governing relied upon by the Member as and when required to resolve disputes
securities trading and broking services of Member i.e. Kotak Securities in connection with the trading transactions.
Limited:
6. The Client consents to sharing Information relating to his trading
1. The Client agrees to keep the Member updated of his financial account with the Banks /Financial Institutions from which the
status by providing net-worth certificate/ copy of IT returns / Member has borrowed funds to meet the pay in obligations of the
Balance Sheet and other financial statements / Demat statement, Client, in case of delayed payment.
at regular intervals as may be required by Member from time to
7. The Client agrees and authorizes the Member to transfer the credit
time and in any event at the end of each financial year failing
lying in any segments/exchange of the Client’s ledger to another
which the Member has the right to take such action as it deems fit
ledger of the said client maintained by the Member for different
including termination of the service.
segments/ exchanges as per requirement of funds. Further, the
2. The Client understands that the Member carries out fundamental Member may consider the credit lying in ledger of any segment/
and trading research/notes/trading calls/technical calls, particularly exchange of the Client as margin towards any position/exposure
on companies, industry, stock markets, and economy from taken by the Client in other segment /exchange.
time to time (collectively hereinafter referred to as “material”).
8. The Client confirms, agrees and authorizes the Member to send
Further, the Client confirms that said material is not an offer or
the contract note/trade confirmations of the trades executed, bills,
the solicitation of an offer to buy any security and by sending this
margin statements, and account statements or such other data
material on request, the Member or any of its officers, directors,
relating to his trading account with the Member and also authorises
personnel and employees shall not be liable for any loss, damage
the Member in its capacity as Depository Participant to send all bills
of any nature, including but not limited to direct, indirect, punitive,
and/or transactions statements, client master report, schedule of
special, exemplary, consequential, as also any loss of profit in any
charges, communication and information through electronic mail to
way arising from the use of this material in any manner. The Client
his/her/its e-mail address as may be intimated by the Client to the
is aware that the investments discussed in the said material are
Member. The Client agrees that the Member fulfils its legal obligation
general recommendations and may not be suitable for all investors.
to deliver to the Client any such document if sent via electronic
The Client shall, therefore, before dealing and/or transacting in any
delivery. The Client agrees that the log report generated by the system
of the products referred to in the said material, make his/her/its
at the time of sending of the contract notes or other documents shall
own investigation, seek appropriate professional advice. The Client
be treated as the acknowledgment and confirmation of receipt of
shall be fully responsible/ liable for all decisions on investments /
contract notes and such other documents by the Client. The client
disinvestments taken by him/her/it on the basis of the said material.
understands that it is his/her/its responsibility to review, upon first
The Client understands, confirms and agrees that the Member may
receipt, whether delivered to the client by mail, by e-mail (including
discontinue providing such material and that Member shall have no
any auto replies from the system of the Member), or other electronic
responsibility to update any information provided to the Client nor
means, all confirmations, statements, notices, bills and other
does the Member represents that the information provided in the
communications. The client shall bring any dispute arising from such
said material is complete. Further by providing such material, the
documents/statements to the notice of the Member within 7 working
Member is not acting as a portfolio or financial advisor nor does the
days from the date of receipt of such document/ statement, as the
Member assumes any fiduciary duties.
case may be. The Member may on request by the Client, send hard
3. The Client confirms that if any transaction(s) through the Member copies of the contract notes or such other documents. Further non-
has/have been executed on behalf of the Client by any other person, receipt of bounced mail notification by the Member shall amount
not intimated to the Member and the same has/have been accepted to delivery of all communication at the e-mail ID of the Client. I/We
by the Client from time to time on the basis of the contract note(s)/ undertake to inform the member in case there is a change in my/
bills/any other correspondence dispatched/ communicated to our e-mail ID registered with the member, by filling up the necessary
the Client by the Member and/or by part or full settlement of the forms as required by the member and further confirm and declare
said transaction(s) by the Client, then such transaction(s) shall be that member shall not be held liable for any non-receipt of Electronic
deemed to be executed by the person authorised by the Client and Communication due to change in e-mail address at my/our end
the Client hereby agrees to ratify and accept all such or other actions without intimating the member as above. I/We further understand
of such persons and undertakes to meet all obligations arising from and agree that Member shall not take cognizance of Out of Office/
such transaction(s). Out of Station replies and I/we shall be deemed to have received all
4. The Client agrees and confirms that the Member may appoint such mails.
agents, credit bureau for carrying out the acts mentioned in or in 9. The Client is aware that as per the RBI guidelines the Foreign
Ver 3/18-19/271119

relation to rendering its services. The client also agrees and confirms Institutional Investors (Flls), Non-Resident Indians (NRIs), and Persons
that the Member may have different types of arrangements with of Indian Origin (PIOs) are allowed to invest in the secondary capital
various partners, group entities, vendors, agencies, affiliates, agents, markets in India through the portfolio investment scheme (PIS).
regulators etc., and the Client consents to share his/its account Under this scheme, Flls/NRIs can acquire shares/ debenture of indian
related information, reports issued by such credit bureau to any such companies through the stock exchanges in India. These investments
parties for various Regulatory and other purposes. I / We confirm are governed and monitored on daily basis by the Reserve Bank of
that my above consent is unconditional and shall not contravene any India (RBI), On reaching the aggregate ceiling limit as fixed by RBI
Acts, Rules and Regulations and amendments issued by Regulator / from time to time, the RBI advises all designated bank branches to
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stop purchases on behalf of their Flls/NRIs/PIOs clients. The Reserve by means of a fund transfer on the pay-out date of the relevant
Bank also informs the general public about the ‘caution’ and the exchange on which the sale transaction is carried out. The Member
`stop purchase’ in these companies through a press release. If the expressly states that the payment gateway mechanism is a service
Client is an FII/NRI/ PIO, the Client hereby acknowledges that he/she offered by the Banks with whom the Member has established
is aware of the RBI guidelines in relation to his investments in the relations for facilitating the transfer of funds between the Client’s
secondary market in India. The Client hereby agrees to keep himself/ account and the Member’s account. The Member expressly excludes
herself abreast of the ceiling limits on investments as published by liability for consequential loss or damage or loss of profit, business,
RBI from time to time and also agrees that he/she shall immediately revenue, goodwill or anticipated savings which may arise in respect
reverse his/her transaction, if such transaction breaches the ceiling of (i) the payment gateway services offered by such Banks and (ii)
limits as imposed by RBI. In case the Client does not/ is unable the Payment Mechanism;
to reverse such transaction immediately, the Client authorizes the
14. The Client hereby acknowledges that it/he/she is availing the
Member to do so under intimation to the Client.
Payment Instruction Service at it/his/her risk. These risks would
10. The Client agrees and confirms that though orders are generally include but not be limited to the following risks:
routed to the market place immediately after the time the order is
(a) Misuse of Password: The Client acknowledges that if any third person
placed by the Client on the system there may be a delay in the
obtains access to their password of the Client, such third person
execution of the order due to any link/system failure at the Client/
would be able to provide Payment Instructions to the Member. They
Member/Exchange’s. The Client hereby specifically indemnifies and
shall ensure that the terms and conditions applicable to the use of
holds the Member harmless from any and all claims, and agrees
the password as contained in the Electronic Payment Gateway for
that the Member shall not be liable for any loss, loss of profit, actual
Net Banking Terms and Conditions are complied with at all times.
or perceived, caused directly or indirectly by government restriction,
exchange or market regulation, suspension of trading, war, strike, (b) Internet Frauds: The Internet per se is susceptible to a number
equipment failure, communication line failure, system failure, of frauds, misuse, hacking and other actions, which could affect
security failure on the Internet, shut down of systems for any reason Payment Instructions to the Member. Whilst the Member shail
(including on account of computer viruses), unauthorised access, aim to provide security to prevent the same, there cannot be any
theft or otherwise or any problem, technological or otherwise, that guarantee from such Internet frauds, hacking and other actions,
might prevent the Client from contacting. which could affect Payment Instructions to the Member. The Client
shall separately evolve/evaluate all risks arising out of the same.
11. The Client further confirms and agrees that Client will not be
compensated by the Member for any “lost opportunity” viz. notional (c) Mistakes and Errors: The filling in of applicable data for transfer
profits on buy/ sell orders which could not be executed due to any would require proper, accurate and complete details. For instance,
reason whatsoever, including but not limited due to time lag in the the Client is aware that they would be required to fill in the account
execution of the order or the speed at which the system of the number of the Member to whom the funds are to be transferred.
Member or of the Exchanges is operating, any shutting down by In the event of any inaccuracy in this regard, the funds could be
the Member of his/her/its system for any reason or the Member transferred to incorrect accounts and there is no guarantee of
disabling the Client from trading on its system for any reason recovery thereafter. The Client shall therefore take all care to ensure
whatsoever. that there are no mistakes and errors and that the information given
by the Client to the Member in this regard is error free, accurate,
12. The Member does not guarantee, and shall not be deemed to have
proper and complete at all points of time. On the other hand in the
guaranteed, the timeliness, sequence, accuracy, completeness,
event of account receiving an incorrect credit by reason of a mistake
reliability or content of market information, or message
committed by some other person, the Member or the bank shall be
disseminated to the Client or the execution of the orders placed
entitled to reverse the incorrect credit at any time whatsoever without
by the Client. The Member shall not be liable for any inaccuracy,
the consent of the Client. The Client shall be liable and responsible to
error or delay in, or omissions of, 1) any such data, information
the Member and accede to accept the Member’s instructions for any
or messages, or 2) the transmission or delivery of any such data,
unfair or unjust gain obtained by the client as a result of the same.
information or messages, due either to any act or omission by the
Member or to any “Force Majeure” event (e.g. flood, extraordinary 15. The Member may suspend or terminate Electronic Payment Gateway
weather condition, earthquake or other any act of God, fire, war, for Net banking facilities without prior notice.
insurrection, riot, labour dispute, accident, action of government,
16. For the purposes of these Terms, it is presumed that the Client has
communication, power failure, shut down of the systems for any
all the necessary and compatible infrastructure ready at its end for
reason (including on account of computer viruses), equipment or
the purpose of accessing the website of the Member or availing
software malfunction); or otherwise or any cause within beyond the
Wireless technology/Internet/ smart order services provided of
reasonable control of the Member 3) cancellation or non execution
the Member (prior to accessing the services provided pursuant
of the order placed by the Client with the Member.
to these Terms). The Member will not (and shall not be under any
13. The Client understands that the Member has relationship with obligation to) assist the Client in installing the required infrastructure
one or more banks (the “Relationship Banks”). The website of the or obtaining the necessary equipment, permits and clearances to
Member has a payment window through a link to the website of the establish connectivity or linkages to the website of the Member.
Relationship Bank, which provides the facility. In such a case, the
17. The Client acknowledges that the software and hardware underlying
Client would make the payment for securities purchased by him/
the Member’s Wireless technology/ Internet/ smart order relate
her/it by crediting the purchase amount (along with the indicated
software which are required for accessing the aforesaid services
brokerage amount) directly to the account of the Member with the
of the Member are the legal property of the respective Vendors /
Relationship Bank by means of a fund transfer. Similarly in the case
Member. The permission given by the Member to access its website
where the Client makes an order for sale of securities the Member
will not convey any proprietory or ownership rights in the above
would credit the account of the Client with the Relationship Bank
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software hardware. The Client agrees not to attempt to modify date of receipt of such written instruction by KSL. The Client agrees
translate, disassemble, decompile or reverse engineer the software / and consents for the receipt of any communications including but
hardware underlying the Member’s website or create any derivative not limited to promotional communications through any means, for
product based on the software /hardware. instance in the form of messages, voice calls, through any digital
means, any over-the-top communication services etc.
18. The Client agrees and confirms that Member owns (or has a
licence for) all copyrights, database rights and all similar rights 24. The client hereby authorises the member to obtain his Bank account
for this website and all trademarks and other materials used on statement from Kotak Mahindra Bank Ltd, in case his bank account
this website. The information may not be reproduced, distributed, is linked with Kotak Securities Limited, on a periodic basis for the
transmitted to any person or incorporated into any other document purpose of updating financial details and confirms that he has no
without Member’s prior written consent. The Client agrees that objection to Kotak Mahindra Bank Ltd for sharing his Bank account
each participating Exchange or association or agency asserts a statement with Kotak Securities Limited.
proprietory interest in all of the market data it furnishes to parties
25. The client confirms, agrees and authorizes the member to make
that disseminate the said data. The Client shall use real-time quotes
available the details of Demat and Trading account with member
received on the website of the Member only for the Client’s individual
on Kotak Mahindra Bank Limited’s digital platforms after due
use and shall not furnish such data to any other person or entity. The
authentication in case my/our bank account with Kotak Mahindra
Client is authorized to use materials which are made available by the
Bank Limited has been linked at the time of account opening or
Member’s website for the Client’s own needs only, and the Client
otherwise. The client further understands that all demat and trading
is not authorized to resell access to any such materials or to make
account details displayed on digital platforms of Kotak Mahindra
copies of any such materials for sale or use to and by others. The
Bank’s are updated as provided by KSL. The client is aware that
Client shall not delete copyright or other intellectual property rights
in case of any discrepancy in the information/transaction in Kotak
notices from printouts of electronically accessed materials from the
Securities’s Demat and Trading account(s), the client needs to
Member’s website.
contact member only and not Kotak Mahindra Bank Ltd.
19. The Client acknowledge that Member has the right to suspend
26. Notwithstanding anything contained in this arrangement or any other
operation of the website and online systems at any time (including
document / arrangement, the client agrees and confirms; in respect
in the opinion of the Member, some threat is poses to any system or
of individual Client’s - himself and in respect of non-individual client’s
part of any system). The Client also acknowledges that Member will
– itself, its directors and assignees, (collectively “Client”), present
be able to suspend the operation of website and online systems at
and future liability/ies to the Member, its affiliates, group entities,
regular intervals for periodic maintenance and administration tasks.
associate entities, parent entities, subsidiaries (Collectively “Kotak
If online system is unavailable through a technical fault Client can
Group”), whether under this document or under any other obligation/
avail Call-And-Trade facility during normal trading hours.
loan/facilities/borrowings/document, whether such liabilities are/be
20. The Client understands and accepts that the Member has the crystallized, actual or contingent, primary or collateral or several or
absolute discretion to amend or supplement any of Wireless jointly with others, whether as principal debtor and/or as guarantor
technology/ Internet/smart order usage terms at any time and will and/or any liability/ demand arising out of regulatory directions /
give prior notice of 15 days for such changes. Changed Terms and orders or otherwise howsoever (collectively “Liabilities”), each of the
Conditions shall be communicated to the Client on the Member’s Kotak Group Entities shall in addition to any general lien or similar
website and by other acceptable modes of communication. By right (to which any of them as intermediary or bankers or financial
using the services, the Client shall be deemed to have accepted the institutions may be entitled by law, practice, custom or otherwise),
changed terms of usage of trading through Wireless Technology / have a specific and special lien on all the Client’s present and future
Internet / Smart Order Routing as the case may be. stocks, shares, mutual fund units, securities, property, book debts, all
moneys in all accounts whether trading, current, savings, overdraft,
21. The Client may terminate this confirmation/ document at any time by
fixed or other deposits, loan accounts, held with or in custody, legal or
giving a prior notice of 30 days to Member. Provided however that
constructive, with the Kotak Group Entities, now or in future, whether
all the obligations of the Client prior to the Termination of Voluntary
in same or different capacity of the Client, and whether severally or
Terms shall continue to subsist.
jointly with others, whether for any Broking relationship, Borrower
22. The Client confirms and agrees that in case anyone or more of the relationship, safe custody, collection, or otherwise; and separately,
terms and conditions confirmed by the Client becomes invalid, illegal each of the Kotak Group Entities shall have the specific and express
or unenforceable in any respect under any law, the validity, legality right, without giving notice to and without additional consent of the
and enforceability of the remaining provisions contained herein shall Client, to set-off, transfer, sell, realize, adjust, appropriate all such
not in any way be affected or impaired thereto. amounts in all such accounts and deposits, shares, mutual fund,
securities, amounts and property as aforesaid, for the purpose of
23. The Client is aware that KSL communicates various research reports,
realizing or against any of dues in respect of any of the Liabilities
recommendations, trade related information, etc. vide SMS, Calls or
whether ear-marked for any particular Liability or not, to combine
any other mode of communications to it’s Clients with respect to
or consolidate all or any of accounts of any of the Client and set-off
trading/demat account, which are transactional in nature, which may
any monies, whether of same type or nature or not and whether
also qualify as commercial/promotional communication as per TRAI
held in same capacity or not including upon happening of any of the
Regulations. The Client hereby consents to receive all such calls and
events of default mentioned in any of the documents pertaining to
/or SMS from KSL. The Client agrees and confirms that such consent
the respective Liabilities or upon any default in payment of any part
to receive all such calls and /or SMS from KSL overrides the DNCR
of any of the Liabilities.
(Do Not Call Register) registration which may have been opted by
the Client at any point of time. The client is also aware that the said Kotak Group Entities shall be deemed to have and hold and continue
consent can be revoked by giving a written instruction to KSL and the to have first charge on any assets including any deposit on which
revocation shall be effective within seven (7) working days from the security has been/will be created in respect of the Loan, as security
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also for any of the other Liabilities; and all the rights and powers my/our registered email id or from the email id of my/our authorized
vested in one Kotak Group Entities in terms of any security or charge representative as updated from time to time.
created for the Loan shall be available to the other Kotak Group
b) Order placement request will be sent in the prescribed format.
Entities also in respect of such other Liabilities, irrespective of the
fact whether the Loan is at any time outstanding, repaid or satisfied c) Unclear, incomplete, ambiguous instructions shall not be acted
or not and even after the Loan has been repaid or prepaid. upon.
27. Notwithstanding anything contained herein above, the Client agrees d) I/We understand the risks associated with transmission of information
and confirms that any liability arising out of a demand / Order / through email which are including but not limited to: unauthorized
Direction from the Exchange / Depositories / Regulator / Government access, tampering, being fraudulently or mistakenly written, altered
/ Law enforcement agency or otherwise with respect to any trades or sent, not be received in whole or in part by the intended recipient,
/investigation /enquiry or otherwise whether such liabilities are/be sent/received in jumbled state or manner and misunderstood by
present /future, crystallized, actual or contingent, shall be considered recipient’s system, may be unattended, other risks associated with
as payable by the Client and the Member has absolute authority to internet usage like delays disruptions of services and connectivity
recover such liability like any other trade dues payable by the client etc.
by selling/pledging the Client’s securities or by debiting the Client’s
e) I/We shall be solely liable and shall not hold KSL liable for any and
Bank account.
all losses, damages arising out of order placement / non-placement
28. The Client agrees and confirms that charges mentioned in the Tariff of order by way of email instructions.
Sheet / Schedule of Charges / Charges for Other Services or any 33. The client understands, agrees and confirms that upon Aadhar
such charges may be revised at the sole discretion of KSL. The authentication/sharing the share code, the client’s photo/kyc /
Client will be duly informed prior to implementation of any upward demographic details / Aadhaar data/ related passcode / XML
revision in charges. data / QR code from Aadhaar image / e-Aadhaar etc shall be
29. The client confirms and agrees that the securities lying in his / her / extracted/converted in readable format for the purpose of opening the
its demat account with DDPI to Kotak securities may be considered accounts with Kotak securities Ltd and stored by KSL for record
for Early Pay-In (EPI) of securities in order to meet the margin purpose. The client also agrees and confirm to share any and all
requirements and settlement obligations etc. The client shall be such Aadhaar related data as described above with all Regulators
solely liable for all the losses / penalties/ charges etc. levied by including KRA’s including but not limited to for the purpose of
the Exchange/s, on account of non-execution/delay in execution validation of KYC by KRA and also with CKYCR.
of the EPI transactions and also in case of any increase in margin 34. I/We am/are aware about the requirement to allocate margin at
requirements in either leg of trade, due to various factors which are Exchange-segment level on an upfront basis. Hence, in order
beyond the reasonable control of the Broker. to facilitate seamless allocation of any of my/our un-allocated
30. I/We am/are aware, agree and confirm to abide by the various collaterals for margin purposes, I/we authorize KSL to allocate
circulars, notifications issued by the authorities with respect to my/ any and all of my/our un-allocated margins based on my/our past,
our Permanent Account Number (PAN) and all associated person’s present or anticipated trading pattern and computed depending on
PAN including linking of my/our PAN, linking of all associated the metrics, perception and at the sole discretion of KSL. I/We am/
person’s PAN as applicable to the respective Aadhar. I/We confirm are aware that KSL may re-allocate the margins and I/We give our
to keep KSL apprised about any changes to my/our PAN including consent for the said re-allocation. I/We further understand that I/we
any change to the status of my/our the PAN, all associated PAN’s may re-allocate the margins by following the prescribed process.
as applicable. I/We confirm and declare that I/we shall be solely I/We shall not raise any dispute and shall not hold KSL liable for
responsible for any liabilities, losses, damages, penalties etc. arising any losses or damages arising out of the allocation/un-allocation/
out of any changes to the PAN or to the status of any such PAN’s, re-allocation etc. of margin as mentioned above.
which affects my/our accounts and dealings with KSL. 35. I/We hereby undertake and agree with the following mechanism for
31. The client hereby authorizes and instructs KSL to act upon and delivery trades on any Commodity Clearing Corporation:
execute any and all documents on receipt of complete details/
information including updation/modification requests received from a. I/We have the requisite GST registration as required under the
the client in any form or manner through any digital/ electronic mode Goods & Service Tax (GST) Act and other necessary licenses and
which is registered with KSL. The client also further agrees and registration as required under applicable laws for dealing into
confirms that the receipt of any such instruction/(s) in electronic/ delivery trade (Buy and Sell) on any Commodity Clearing
digital mode would be considered sufficient for all purposes Corporation. I/We understand that Kotak Securities Limited (KSL)
will not be responsible for any non- compliance/ non-payment of
whatsoever.
GST by counter party and I need to directly deal/claim with counter
32. I/We am/are aware that order placement through any legally party.
verifiable mode is permissible as per regulations and under Indian
Laws. I/We am/are further aware that communicating order b. I/We understand that the Commodity Clearing Corporation will
instructions from my/our registered email id or from the email id facilitate sharing GST details of Buyer with Seller and also the
of my/our authorized representative to the designated email id of invoice details to respective counter party. Accordingly, for
KSL as informed from time to time, is one of the legally acceptable collection of GST my/our account will be debited / credited. I hereby
agree to pay such dues (debit amount) and accordingly the process
modes of order placement. I/We hereby declare, agree, accept
shall be considered as completed.
and shall abide by the following conditions with respect to email
instructions : c. I/ we undertake that Kotak Securities Limited (KSL) shall not
a) KSL shall only act upon valid email order instructions received from entertain any matter/ complaints related to payment of GST nor be
made a party to such disputes.
33
 d. I/We undertake that submission of invoice and settling of tax
dues against delivery of different commodities including all
statutory compliances shall be my/our sole responsibility, and
Kotak Securities Limited would not be responsible for any
disputes whatsoever.

e. I/We shall not have recourse to dispute redressal mechanism/

Arbitration mechanism/SEBI/any other court of Law and cannot
make Kotak Securities Limited (KSL) party to any dispute on
GST/Tax Liability arising out of trades executed from my/our
account on the Commodity Clearing Corporation.

f. I/We would be wholly responsible to ensure all statutory and tax

related compliances applicable to my/our transactions and I/we
indemnify KSL against any losses, costs or claims which it
might incur/suffer as a result of my/our default/failure to share
information within stipulated timeline for collection/ payment of
GST and or default/failure to comply with any of the statutory
and tax related compliances applicable to my/our transactions.

36. The Client confirms and agrees that he shall not have recourse to dispute
redressal mechanism / arbitration mechanism/ investor protection
schemes of the Stock Exchanges / SEBI in case the client avails services
under any schemes / leagues / competitions etc offered by any third
party / our group company / our associate company.
37. The Client agrees and confirms that except for the claims/disputes which
are subject to the Rules and Regulations of the respective exchanges on
which the trades have been executed, any and all claims and disputes
arising out of or in connection with this Arrangement or its performance
shall be settled by arbitration by a single arbitrator to be appointed by the
Member. The parties agree that the arbitration shall be held at Mumbai
and the courts at Mumbai shall have exclusive jurisdiction in relation to
these present and issue ancillary to these present. The arbitration shall be
governed by the provisions of the Arbitration and Conciliation Act, 1996.

Client Signature
c

This document is digitally signed.

Please refer to Annexure A for digital
signature

34
VOLUNTARY

Date D
2 D
8 M
1 M
2 Y
2 Y
0 Y
2 4Y

I/we hereby give Demat Debit and Pledge Instruction to Kotak Securities Limited (KSL) for my/our demat accounts mentioned below:
Demat account of the client for which this DDPI is given
Demat account to be opened through Application / Form No: 21312162400978
Client ID with DP ID IN300214
Account holder Name Demat MOHIT SINGH
Details of Demat accounts of KSL where securities can be transferred and/or pledged using below mentioned DDPI are provided under
Schedule I.
Sr. No. PURPOSE Signature of Account Holder*
c
Transfer of securities held in the beneficial owner accounts of the client towards
This document is digitally signed. Please
1 Stock Exchange related deliveries / settlement obligations arising out of trades
refer to Annexure A for digital Signature
executed by clients on the Stock Exchange through the same stock broker.

c
Pledging / re-pledging of securities in favour of trading member (TM) / clearing
This document is digitally signed. Please
2 member (CM) for the purpose of meeting margin requirements of the clients in
refer to Annexure A for digital Signature
connection with the trades executed by the clients on the Stock Exchange.

c
3 Mutual Fund transactions being executed on Stock Exchange order entry platforms
This document is digitally signed. Please
refer to Annexure A for digital Signature

c
4 Tendering shares in open offers through Stock Exchange platforms
This document is digitally signed. Please
refer to Annexure A for digital Signature

* the same may be eSigned or signed physically

Schedule I: Demat accounts where securities can be transferred / pledged
Note : KSL-Kotak Securities Ltd. ICCL-Indian Clearing Corporation Ltd. NCL-NSE Clearing Ltd.
CM BP ID/DP ID Name Description CM BP ID/DP ID Name Description
IN550379 KSL NSE-CM-Pool A/c 26528649/ IN300214 KSL TM/CM-Client Securities Margin PledgeAccount
IN606738 KSL BSE-CM-Pool A/c 26528657/IN300214 KSL TM -Client Securities under Margin FundingAccount
IN620031 ICCL BSE-Star MF CLG Pool 1202510000009781 KSL Corporate TM/CM CMPA

IN565576 NCL NSE MFSS CLG Pool 1202510000009777 KSL Client Securities Margin Funding Account

1202510000000041 KSL NSE-CDSL-CM-Pool A/c 1202510000054860 KSL CDSL-CUSPA A/c

1202510000000016 KSL BSE-CDSL-CM-Pool A/c
27325337/IN300214 KSL NSDL-CUSPA A/c

 We accept Kotak SecuritiesLimited (Stock Broker)

35
 21312162400978

MANDATORY

Most Important Terms and Conditions (MITC)

(For non-custodial settled trading accounts)
1. Your trading account has a “Unique Client Code” (UCC), different from your demat account number. Do not
allow anyone (including your own stock broker, their representatives and dealers) to trade in your trading
account on their own without taking specific instruction from you for your trades. Do not share your internet/
mobile trading login credentials with anyone else.
2. You are required to place collaterals as margins with the stock broker before you trade. The collateral can
either be in the form of funds transfer into specified stock broker bank accounts or margin pledge of securities
from your demat account. The bank accounts are listed on the stock broker website. Please do not transfer
funds into any other account. The stock broker is not permitted to accept any cash from you.
3. The stock broker’s Risk Management Policy provides details about how the trading limits will be given to you,
and the tariff sheet provides the charges that the stock broker will levy on you.
4. All securities purchased by you will be transferred to your demat account within one working day of the payout.
In case of securities purchased but not fully paid by you, the transfer of the same may be subject to limited
period pledge i.e. seven trading days after the pay-out (CUSPA pledge) created in favor of the stock broker. You
can view your demat account balances directly at the website of the Depositories after creating a login.
5. The stock broker is obligated to deposit all funds received from you with any of the Clearing
Corporations duly allocated in your name. The stock broker is further mandated to return excess funds as per
applicable norms to you at the time of quarterly/ monthly settlement. You can view the amounts allocated to
you directly at the website of the Clearing Corporation(s).
6. You will get a contract note from the stock broker within 24 hours of the trade.
7. You may give a one-time Demat Debit and Pledge Instruction (DDPI) authority to your stock broker for limited
access to your demat account, including transferring securities, which are sold in your account for pay-in.
8. The stock broker is expected to know your financial status and monitor your accounts accordingly. Do share all
financial information (e.g. income, networth, etc.) with the stock broker as and when requested for. Kindly also
keep your email Id and mobile phone details with the stock broker always updated.
9. In case of disputes with the stock broker, you can raise a grievance on the dedicated investor grievance ID of
the stock broker. You can also approach the stock exchanges and/or SEBI directly.
10. Any assured/guaranteed/fixed returns schemes or any other schemes of similar nature are prohibited by law.
You will not have any protection/recourse from SEBI/stock exchanges for participation in such schemes.

✔ I/We have read, understood, accepted and acknowledged the Most Important Terms and Conditions (MITC)

Signature of account holder

This document is digitally

signed.Please refer to Annexure A for
digital Signature

36
 216119 21312162400978
MANDATORY
FATCA / CRS Declaration for Individual Accounts
The information in this section is being collected because of enhancements to Co’s new account on-boarding procedures in
order to fully comply with Foreign Account Tax Compliance Act (FATCA) requirements and the Common Reporting Standards (CRS) requirements pursuant
to amendments made to Income-tax Act,1961 read with Income-tax Rules, 1962. For more information refer: http://bit.ly/29F0475 & http://bit.ly/1pXp8Bg
(We are unable to provide advice about your tax residency. If you have any questions about your tax residency, please contact your tax advisor)
1st Holder - Section I (All fields are mandatory) (Please fill in BLOCK LETTERS)
1 Trading code:
Client ID (To be provided only if demat account is with KSL)
2 Name of Account Holder MOHIT SINGH
3 S O MADAN MOHAN SINGH MAHAVIR GALI VINOBA NAGAR SADABAD SADABAD SADABAD HATHRAS UTTAR PRADESH 281306
a. Address for Tax Residence _________________________________________________________________________________
HATHRAS Uttar Pradesh
City _____________________ State __________________ India
Country _____________________ Pin Code 281306
(Please use this space in case you are Tax Resident of more than one country)
b. Address for Tax Residence _________________________________________________________________________________
City _____________________ State __________________ Country _____________________ Pin Code
4 Address Type (Tick whichever applicable) F
✔ Residential FBusiness FRegistered Office FResidential/ Business
5 Do you satisfy any of the criteria mentioned below? Yes No
a. Citizen of any country other than India F F
✔

(dual/multiple) [including Green card]

b. Country of birth is any country other than India F F
✔

c. Tax resident of ANY country / ies other than India F F

✔

d. POA or a mandate holder who has an address outside India F F

✔

e. Address or telephone number outside India F F

✔

If your answer to any of the above questions is a ‘YES’, please fill Section II of the form,else go to declaration & acknowledgment

1st Holder - Section II (All fields are mandatory)

Father’s name ____________________________________________________ (If PAN not availabe, then mandatory)
Country of Birth ______________________ Place within the country of birth ____________________________________
`(If USA, however nationality and/or country of tax residency is not USA, Please provide documentary evidence as mentioned in instruction 1)
Source of Wealth _____________________________ Nationality _________________________
Please list below the details, confirming ALL countries of tax residency/ permanent residency/ citizenship and ALL Tax Identification Numbers
Country of Tax residency Tax identification no s Tax identification document (TIN or functional equivalent)

It is mandatory to supply a TIN or functional equivalent (in case TIN not available )if the country in which you are tax resident issues such identifiers. If no
TIN /functional equivalent is yet available or has not yet been issued, please provide an explanation ____________________________________
2nd Holder - Section I (All fields are mandatory) (Please fill in BLOCK LETTERS)
1 Trading code:
Client ID (To be provided only if demat account is with KSL)
2 Name of Account Holder
3 a. Address for Tax Residence ___________________________________________________________________________________
City _____________________ State __________________ Country _______________________ Pin Code
(Please use this space in case you are Tax Resident of more than one country)
b. Address for Tax Residence ___________________________________________________________________________________
City _____________________ State __________________ Country _______________________ Pin Code
4 Address Type (Tick whichever applicable) F Residential FBusiness FRegistered Office FResidential/ Business
5 Do you satisfy any of the criteria mentioned below? Yes No
a. Citizen of any country other than India F F
(dual/multiple) [including Green card]
Ver 3/18-19/271119

b. Country of birth is any country other than India F F

c. Tax resident of ANY country / ies other than India F F

d. POA or a mandate holder who has an address outside India F F

e. Address or telephone number outside India F F

If your answer to any of the above questions is a ‘YES’, please fill Section II of the form,else go to declaration & acknowledgment
37
 216119 21312162400978
MANDATORY
2nd Holder - Section II (All fields are mandatory)
Father’s name ____________________________________________________(If PAN not availabe, then mandatory)
Country of Birth ______________________ Place within the country of birth ____________________________________
`(If USA, however nationality and/or country of tax residency is not USA, Please provide documentary evidence as mentioned in instruction 1)
Source of Wealth _____________________________ Nationality _________________________
Please list below the details, confirming ALL countries of tax residency/ permanent residency/ citizenship and ALL Tax Identification Numbers
Country of Tax residency Tax identification no s Tax identification document (TIN or functional equivalent)

It is mandatory to supply a TIN or functional equivalent (in case TIN not available) if the country in which you are tax resident issues such identifiers. If no TIN
/functional equivalent is yet available or has not yet been issued, please provide an explanation ________________________________________
3rd Holder - Section I (All fields are mandatory) (Please fill in BLOCK LETTERS)
1 Trading code:
Client ID (To be provided only if demat account is with KSL)
2 Name of Account Holder
3 a. Address for Tax Residence ______________________________________________________________________________________
City _____________________ State __________________ Country ________________________ Pin Code
(Please use this space in case you are Tax Resident of more than one country)
b. Address for Tax Residence ______________________________________________________________________________________
City _____________________ State __________________ Country ________________________ Pin Code
4 Address Type (Tick whichever applicable) F Residential FBusiness FRegistered Office FResidential/ Business
5 Do you satisfy any of the criteria mentioned below? Yes No
a. Citizen of any country other than India F F
(dual/multiple) [including Green card]
b. Country of birth is any country other than India F F

c. Tax resident of ANY country / ies other than India F F

d. POA or a mandate holder who has an address outside India F F

e. Address or telephone number outside India F F

If your answer to any of the above questions is a ‘YES’, please fill Section II of the form,else go to declaration & acknowledgment

3rd Holder - Section II (All fields are mandatory)

Father’s name ____________________________________________________ (If PAN not availabe, then mandatory)
Country of Birth ______________________ Place within the country of birth ____________________________________
`(If USA, however nationality and/or country of tax residency is not USA, Please provide documentary evidence as mentioned in instruction 1)
Source of Wealth _____________________________ Nationality _________________________
Please list below the details, confirming ALL countries of tax residency/ permanent residency/ citizenship and ALL Tax Identification Numbers
Country of Tax residency Tax identification no s Tax identification document (TIN or functional equivalent)

It is mandatory to supply a TIN or functional equivalent (in case TIN not available )if the country in which you are tax resident issues such identifiers. If no TIN
/functional equivalent is yet available or has not yet been issued, please provide an explanation ________________________________________
Declaration & Acknowledgment
I/We being the beneficial owner of the account opened / to be opened with Kotak Securities Limited(KSL) and the income credited therein, declare that
the above information and information in the submitted documents to be true, correct and updated, and the submitted documents are genuine and duly
executed. I/We acknowledge that towards compliance with tax information sharing laws, such as FATCA/CRS, the KSL may be required to seek additional
personal, tax and beneficial owner information and certain certifications and documentation from the account holder. Such information may be sought
either at the time of account opening or any time subsequently. In certain circumstances (including if the KSL does not receive a valid selfcertification
from me) KSL may be obliged to share information on my account with relevant tax authorities. Should there be any change in any information provided
by me I/We ensure that I/We will advise KSL promptly, i.e., within 30 days. Towards compliance with such laws, the KSL may also be required to provide
information to any institutions such as withholding agents for the purpose of ensuring appropriate withholding from the account or any proceeds in relation
Ver 3/18-19/271119

thereto. As may be required by domestic or overseas regulators/ tax authorities, the KSL may also be constrained to withhold and pay out any sums from
my account or close or suspend my account(s). I/We further agree that the information provided above will be updated in all my trading/demat accounts,
if any at PAN level.I/We also understand that the account will be reported if any one of the aforesaid FATCA / CRS criteria for any of the account holders
i.e. primary or joint (in case of demat account) are met.
Client Signature (1st Holder) Client Signature (2nd Holder) Client Signature (3rd Holder)
c 13 c 9 c 9
13
This document is digitally 9 9

signed. Please refer to Annexure

A for digital signature

38
 216119 21312162400978
MANDATORY
Instructions to the Form
In case customer has the following Indicia pertaining to a foreign country and yet declares self to be non-tax resident in the respective country, customer
to provide relevant Curing Documents as mentioned below:

FATCA/ CRS Indicia observed (ticked) Documentation required for Cure of FATCA/ CRS indicia

U.S. place of birth Self-certification that the account holder is neither a citizen of United States of
America nor a resident for tax purposes;
Non-US passport or any non-US government issued document evidencing
nationality or citizenship (refer list below);AND
Any one of the following documents:
Certified Copy of Certificate of Loss of Nationality or
Reasonable explanation of why the customer does not have such a certificate
despite renouncing US citizenship; or
Reason the customer did not obtain U.S. citizenship at birth

Residence/mailing address in a country other than India 1. Self-certification that the account holder is neither a citizen of United States
of America nor a tax resident of any country other than India; and
or
Telephone number in a country other than India 2. Documentary evidence (refer list below)

Standing instructions to transfer funds to an account maintained 1. Self-certification that the account holder is neither a citizen of United States
in a country other than India (other than depository accounts) of America nor a tax resident of any country other than India; and

2. Documentary evidence (refer list below)

POA granted to a person with an address in a country outside 1. Self-certification that the account holder is neither a citizen of United States of
India America nor a tax resident for tax purposesof any country other than India; OR

2. Documentary evidence (refer list below)

A. List of acceptable documentary evidence needed to establish the residence(s) for tax purposes:
1. Certificate of residence issued by an authorized government body*
2. Valid identification issued by an authorized government body* (e.g. Passport, National Identity card, etc.)
* Government or agency thereof or a municipality of the country or territory in which the payee claims to be a resident.

B. Clarification / Guidelines on filling details if applicant residence for tax purposes in jurisdiction(s) outside India
1 Tax identification Number (TIN): TIN need not be reported if it has not been issued by the jurisdiction. However, if the said jurisdiction has
issued a high integrity number with an equivalent level of identification (a “Functional equivalent”), the same may be reported. Examples
of that type of number for individual include, a social security/insurance number, citizen/personal identification/services code/number, and
resident registration number)

Office Use Section:

Signature Verified
Name of the Employee
Employee Code
Designation of Employee
Place
Date
Ver 3/18-19/271119

39
 21312162400978
VOLUNTARY
Value Added Services- Subscription (please strike off in case you do not wish to opt for VAS)
60 DAYS FREE TRIAL c Equity c Commodities c Currency
Tick the segment you would wish to get Research SMS alert for:
Subscribe to Research SMS Alerts Now! Tick One of the below subscription plan. c Not Required
Research Subscription Monthly Yearly Special Offer combine Plan (Both)
Fundamental Call c ` 100 c ` 1000 c ` 150 (Monthly)
Technical Call c ` 100 c ` 1000 c ` 1500 (Yearly)

Subscribe to Trade Smart Now! Tick One of the below subscription plan. c Not Required
Subscription Monthly Half Yearly Yearly Special Offer combine Plan
TradeSmart Insight c ` 149 c ` 599 c ` 999 c Yearly Combo
TradeSmart Derivative c ` 149 c ` 599 c ` 999 (Insight + Derivative + Trends)
TradeSmart Trends c ` 149 c ` 599 c ` 999 ` 1999/-)
Notes:
1. KSL research recommendation is general in nature and does not consider suitability, risk appetite or investment objective of any particular/ investor in
case to case basis. Further, there is no guarantee or assurance about achieving of target of any research recommendation.
2. STT, GST and all other applicable statutory taxes will be charged as per current applicable rate.
3. It is an auto renewal service. Upfront subscription charges as per the frequency chosen by client will be levied post the end of trial period. You can
unsubscribe to the service anytime by: To Unsubscribe: Simply logon to www.kotaksecurities.com-> Login to Trade-> My accounts-> Subscription
Research & Trade SMS OR call on 1800 209 9191 / 1860 266 9191 (Toll Free)
4. Alerts will be sent based on segment subscribed by the client under “Trading Preference” section
5. Subscribe any product below and get a Free Trial of 60 Days. Charges will be applicable after free trial. You can unsubscribe anytime during trial without
being charged.
6. Subscription fees for value Added Services will be debited from the linked bank account / ledger Client Signature (1st Holder)
as per the frequency chosen by client. c

Self Declaration VOLUNTARY

To,
Kotak Securities Ltd.,
I Mr. /Mrs. /Ms. _____________________________________________________do hereby confirm, declare and undertake that my name
has been misspelt in following document pertains to me.

Name as it appears on the Income Tax website is____________________________________________________________

Name as it appears on Address proof is ___________________________________________________________________
Name as it appears on PAN/Aadhar Card is ________________________________________________________________
Name as it appears on Bank Proof is ______________________________________________________________________
I hereby agree and confirm that what is stated above is true and correct information. I hereby agree to indemnify and keep Kotak Securities Limited.
indemnified at all times from and against all costs, charges, damages, penalties (including reasonable attorneys fees) suffered and/or incurred by
Kotak Securities Limited for any act done or omitted to be done based on the above declaration.

I hereby confirm that my account will be opened as per name appearing on Income Tax website.

Client Signature (1st Holder)

c
Ver 14/21-22/290822

40
 216119 21312162400978
MANDATORY

Declaration of Open Position

Date D2 8D / M
1 M
2 / Y2 Y
0 Y
2 Y
4

Sub : My request for trading in commodity forward contracts/commodity derivatives on

NCDEX, MCX, BSE and NSE as your client

I/We the undersigned, have taken cognizance of circulars issued by Exchanges/SEBI from time to time on the guidelines for calculation of
net open positions permitted in any commodity and l/we hereby undertake to comply with the same. I/we hereby declare and undertake that
I/we will not exceed the position limits prescribed from time to time by Exchanges or FMC or SEBI and such position limits will be calculated
in accordance with the circulars on position limits as modified from time to time. I/we undertake to inform you and keep you informed if I/
any of our partners/directors/karta/trustee or any of the partnership firms/companies/HUFs/ Trusts in which I or any of above such person is
a partner/director/karta/trustee, takes or holds any position in any commodity forward contract/commodity derivative on Exchanges through
you or through any other member(s) of Exchanges to enable you to restrict our position limit as prescribed by the applicable circular of Ex-
changes/SEBI as modified from time to time. I/we confirm that you have agreed to enter orders in commodity forward contracts/commodity
derivatives for me/us as your clients on Exchanges only on the basis of our above assurances and undertaking. I/We further undertake to
bear any liable/penalty/charges levied by Exchanges / SEBI.

In this connection I hereby submit the details of the entities with which I am related

Sr. No. Name Client Code Related As

Yours faithfully,

Client Signature
c
This document is digitally signed. Please
refer to Annexure A for digital Signature
Ver 3/18-19/271119

41
 216119 21312162400978

FOR INTERNAL USE ONLY

To be filled by Relationship Manager and Back Office Staff
Lead ID No :
KRISP No :
KSEC Sourcing Person Code : Name :
KSEC Relationship Manager Code : Name :
10 Digit Location Code : KNMUMK66YP
Margin /Account opening fee cheque details
FA/C Processing Cheque FRecover from Margin FApproval
Bank name Cheque No. Account No.
Margin Amt App Fee Total Amount
Drawn bank city name Cheque Date MICR

FOTC Voucher No./ Insta Kit No. _________________________________________________________________________

Applicable for Authorized person/DSA

Name
Main Code
Applicable for Alternate Channel
Bank RM Code
Bank RM Name
Bank Branch Code
Bank Branch Name
LOB Code
Declaration from Employee / Authorised Person
Declaration: “I hereby declare that I have met the client personally and verified the person with the photo provided in account opening form
(In person verification) and have verified all the proofs with original (OSV). I am aware of Civil and Criminal liability that may devolve upon me
(irrespective of whether I remain in employment or not) as per law and Company policies, in the event of false declaration to this effect.”I/
We undertake that we have made the client aware of ‘Policy and Procedures’, tariff sheet and all the non-mandatory documents. I/ We have
also made the client aware of ’Rights and Obligations’ document(s), RDD and Guidance Note. I/We have given/sent him a copy of all the
KYC documents. I/We undertake that any change in the ‘Policy and Procedures’, tariff sheet and all the non-mandatory documents would
be duly intimated to the clients. I/We also undertake that any change in the ‘Rights and Obligations’ and RDD would be made available on
my/our website, if any, for the information of the clients.

Date:___________ Employee / Authorised Person Name & Signature

For Office Use (TO BE FILLED UP BY OPERATIONS PERSON ONLY)

Approver Name For A/C Opening / Margin Fee :

Approver Name For Brokerage :

Dp Rate Code : 3Y

Brokerage Product Code : YP

Ver 3/18-19/271119

42
 21312162400978

Date

To,

IndusInd Bank Limited

Dear Sir/Madam,

Sub:- Debit (Freeze for Debit) authorization mandate in Saving/Current A/c.

This is to inform you that I/We

Residing at/having our office at

and holding/desirous of opening banking and/or demat account(s) with IndusInd Bank Limited.

I/We authorize you to debit my/our Saving/Current account No. towards the
following

a) An amount of Rs being the Trading Account opening charges And

b) Rs. being Advance fee/ margin money
Both the amounts aggregate to Rs

I hereby further authorize you to effect the said amounts to Kotak Securities Ltd Account No. 200000611703.

Further, I/We agree that till such time demat/trading A/c is in the process of opening, our account would be lien
marked (freeze for Debit) to the extent of the above said amount in our saving/current account on submitting the duly
filled in Kotak 3 in 1 A/c opening form.

Thanking You

Yours Faithfully,
Ver 2/17-18/180818

Name and Signature of sole / (1st Holder) Name and Signature (2nd Holder) Name and Signature (3rd Holder)
Name _____________________ Name _____________________ Name _____________________

Please refer to MITC document for

Client Signature

43
44
 Kotak Securities Limited
Annexure A
TO BE PROVIDED BY APPLICANT FOR DIGITAL SIGNATURE
Consent Letter
To,
Kotak Securities Limited, Mumbai
Dear Sir,
1. I/We confirm and agree that I/we have applied to open Trading and/or Demat Account with Kotak Securities Limited (“KSL”)
vide application reference number _________________________.
21312162400978
2. I/we hereby agree and confirm that everything stated above in Application form and all other documents are true and correct.
I/we will be solely responsible for any consequences/liability arising out of the points stated above or in AOF/other documents
or in any other supporting documents provided by me at the time of opening the account. Further, I/we also undertake to
submit the requisite documents and evidence(s) as required, if required to do so. I further agree to indemnify and keep KSL
indemnified at all times, from and against all costs, charges, damages, Penalties/fines, suffered and/or incurred by KSL for
any act done or omitted to be done based on this/above declaration & AOF data and documents.
3. I/We confirm and agree that all the information captured in the application form has been displayed to me and agreed by
me. I/we have been informed that the KYC application forms containing various sections including mandatory and non-
mandatory sections shall be digitally signed as one document using my/our Aadhaar by means of OTP/Biometric
authentication as facilitated by UIDAI.
4. I/We understand that the digital signature shall be valid/applicable for following set of documents wherever applicable and
I/We hereby confirm and agree that the said list of documents have been read, understood and consented by me.
 KRA | Aadhaar based A/c Opening
 Rights and Obligations Stock Brokers, Sub-Brokers and Clients, Risk Disclosure Document and Guidance Note
(English).
 Rights and Obligations of Clearing Member/Participant and its Client in relation to SLBM.
 Rights and Obligations of Beneficial Owner and Depository Participant.
 Commodity – RDD, Additional RDD for Options Trading, Rights and Obligation, DO’s & Don’ts
 Commodity - Rights & Obligations of Stock Broker, Sub-Broker & Client (Available in 15 Regional Languages),
Commodity - Uniform Risk Disclosure Document (Available in 15 Regional Languages)
 Commodity - Do’s And Don’ts for Trading on Exchanges (Available in 15 Regional Languages)
 Additional Risk Through Wireless Technology / SOR / Mutual Funds On Exchange Platform.
 FAQs on Anti Money Laundering (AML), Policies and Procedures For Client Dealings.
 Voluntary Terms and Conditions, Tariff sheet, Schedule of Charges/ Charges for Other Services.
 Running Account Authorization,FATCA/CRS Declaration.
 Demat Debit and Pledge Instruction (DDPI).
 Self-Attestation of Documents Submitted for A/c Opening, Disclosure declaration.
 Declaration on Commodity Categorization, Open Position Declaration, All supporting documents.
 Addendum to various clauses of account opening form.
5. I/We confirm that scanned copy of the signature provided by me/us on plain paper/account opening documents shall be
treated as a specimen signature and will be retained for record purpose by KSL.
6. I/We confirm and agree that I/we shall not have recourse to dispute redressal mechanism / arbitration mechanism / investor
protection schemes of the Stock Exchanges/SEBI in case I/we avail services under any schemes/leagues/competitions etc.
offered by any third party or Kotak Securities Limited’ s group company/associate company.
7. In case of any change/updation in the above mentioned / provided details or documents, I/we will inform you in writing.

MOHIT SINGH
_____________________
Name of First Holder

_____________________
Signature

45
 Photo

This document is digitally signed. Please refer to Annexure A for digital signature

Co-ordinates (Latitude/Longitude) :- 27.4429794 / 78.0411395

City :- Hathras

State :- Uttar Pradesh

Country :- India

46
 PAN Card

PAN document is not applicable

47
 Signature

This document is digitally signed. Please refer to Annexure A for digital signature.

48
 Cheque

This document is digitally signed. Please refer to Annexure A for digital signature.

49
Financial Document

Will Submit Later

This document is digitally signed. Please refer to Annexure A for digital signature.

50
Signature proof

Signature proof is not applicable

51
 ADDENDUM TO VARIOUS CLAUSES OF ACCOUNT OPENING FORM

I hereby accept, agree, confirm and acknowledge the following changes to terms & conditions for Margin Trading Facility,
Policies and Procedure for client dealing, Voluntary terms & conditions.
1. Margin Trading Facility Terms and Conditions: -

Changes are carried out to clause A) and the revised terms shall be read as under: -

Clause 17 is newly added and subsequent clauses would stand renumbered accordingly: 17) As per the regulatory
requirement for Margin Trading (MTF), client shall pledge securities in favor of Kotak Securities Limited - Client Securities
under Margin Funding Account, through NSDL/CDSL system. Client agrees to create pledge on securities immediately upon
initiation of Margin Trade or latest by end of trade day, to continue with the MTF position. In case of failure/delay in creating
pledge in favour of KSL as per this timeline or any other timelines as required by KSL, then KSL reserves the right to liquidate
the securities purchased under MTF without prior notice to the Client, irrespective of whether such stock bought under MTF
is in KSL’s pool account or in client’s demat account where POA / DDPI is executed in favor of KSL
2. Policies and Procedure for client dealing: -
Clause C- ‘’ Applicable brokerage rate” shall be read as- ‘Brokerage will be charged to the client based on the brokerage
rates specified at the time of account opening or as per the product/scheme opted by the client from time to time. KSL may
reduce the brokerage rate at its sole discretion, which will be communicated through the relationship manager/email
communication and / or reflection of amount in the contract notes for further trades. However, any increase in brokerage rate
will either be done with the consent of the client or at the discretion of KSL by giving 15 days advance notice to the client.
The brokerage rate shall be within the permissible limit set by SEBI/Exchanges.’
Clause D word ‘trading’ is added in the following sentence- “In case of outstanding in trading account, penal interest will be
levied on the client to deter them from delaying the payment in future.
3. Voluntary terms and conditions: -
The numbering of the existing clauses in this document is changed due to addition/ deletion of clauses. The updated
document is given at the below https://www.kotaksecurities.com/ksweb/Important-Policies

Clause 3 in Voluntary Terms & Conditions stands deleted and subsequent clauses stand renumbered.
4. Other notes: -
 The below clauses of declaration stands modified as :

‘I/We further confirm having received/read and understood the contents of the ‘Policies & Procedure For Client
Dealings’, Rights and Obligations’ document(s), of stock broker/ Authorised person & clients and Rights And Obligations of
beneficial owner and depository participant, ‘Risk Disclosure Document’ ‘Additional risk disclosure documents’ for options
and ‘Guidance Note’ including commodities, ‘Rights And Obligations of the Clearing Member/Participant and its client in
relation to the Securities Lending And Borrowing Scheme’, ‘Additional risk/obligation/liability statement in case of trading
through wireless technology/Smart Order Routing/Mutual Funds on Exchange platform’, ‘FAQ on Anti Money laundering
(AML)’ , and nomination and Investor Charters . I/We do hereby agree to be bound by such provisions as outlined in these
documents. I/We have also been informed that the standard set of documents has been displayed for
Information on Company’s designated website www.kotaksecurities.com at http://
kotaksecurities.com/ksweb/ImportantPolicies and Investor Charters have been displayed at
https://www.kotaksecurities.com/ksweb/investor-charter.

 Change in standard clauses pursuant to the implementation of DDPI:-

DIS Booklet (please tick any one) Option for issuance of DIS booklet alongwith account opening (To be filled by persons
seeking to open a depository account who have given Power of Attorney to operate the depository account to a stock
broker/Participant/ Portfolio Manager or Demat Debit and Pledge Instruction to operate the depository account to a Stock
Broker and do not intend to open a Basic Services Demat Account)

Option 1: I/We do not wish to receive the DIS booklet with account opening. However, the DIS booklet should be issued to
me/us on my/our request at any later date.

Option 2: I/We wish to receive the Delivery Instruction Slip (DIS) booklet with account opening Standing Instructions

I/We authorise you to receive credits automatically into my/our account. Yes  No ☐
52
 • Account to be operated through Demat Debit and Pledge Instruction (DDPI) Yes  No ☐

 Following clause is added as per NSDL amendments to business rules. Please opt for any of the following options.
Kindly note that here POA refers to the General Power of Attorney and not POA that is executed in favour of Stock Broker:-

Account to be operated through Power of Attorney (POA) (given to person other than Kotak Securities Limited):

Yes ☐ and No 
SMS Alert facility (Mandatory if you are giving Power of Attorney (POA/DDPI). Ensure that the mobile number is provided in
the KYC Application Form)

Sole/First Holder Yes  No ☐ Second Holder Yes ☐ No ☐ Third Holder Yes ☐ No ☐

Clause 37 : under Additional rights and obligations should be read as:-

‘The stock broker / stock broker and depository participant shall not directly / indirectly compel the clients to execute Power
of Attorney (PoA) or Demat Debit and Pledge Instruction (DDPI) or deny services to the client if the client refuses to execute
PoA or DDPI.’

Added below the clause for activation of derivative segment:

 I/We have read, understood, accepted and acknowledged the RISK
DISCLOSURES ON DERIVATIVES
• 9 out of 10 individual traders in equity Futures and Options Segment,
incurred net losses.
• On an average, loss makers registered net trading loss close to
₹50,000.
• Over and above the net trading losses incurred, loss makers expended
an additional 28%of net trading losses as transaction costs. Those
making net trading profits, incurred between 15% to 50% of such
profits as transaction cost.
Source:
1.SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of
Individual Traders dealing in equity Futures and Options (F&O) Segment”,
wherein Aggregate Level findings are based on annual Profit/Loss incurred
by individual traders in equity F&O during FY 2021-22.
I/we understand, acknowledge and accept the above.

Client Signature

This document is digitally signed.

Please refer to Annexure A for digital
signature 53
 MANDATORY

Facility for voluntary freezing/ blocking the online access of the trading account

(Not applicable to clients who do not have online trading access)

1. Introduction
SEBI vide its circular SEBI/HO/MIRSD/POD-1/P/CIR/2024/4 dated January 12, 2024 informed
the Industry Standards Forum (ISF), under the aegis of stock exchanges, in consultation with
SEBI, to frame the necessary guidelines. Pursuant to the same, the Exchanges have issued the
circulars detailing the framework for trading members to provide the facility of voluntary
freezing/blocking the online access of the trading account to their clients on account of suspicious
activities.

Exchanges through these circulars have further informed that the trading members shall frame a
policy in line with the abovementioned framework, which shall be the part of the trading member’s
Risk Management Policy.

This policy framework also contains the Process and mode(s) through which the client can place
the request to freeze/block & unfreeze / unblock the trading account along with the timelines that
will be followed by the Trading Member for the same.

2. Framework of the voluntary freezing/blocking facility / Standard Operating Procedure

(SOP):-

a. Mode of communication:-

The client shall request KSL for voluntary freezing/blocking the online access of trading account
if any suspicious activity is observed in the trading account vide the below mentioned modes:

a. Via IVR/Tele calling on the number 080-45856363

b. Via WhatsApp Chat with us on 77389-88888.

b. Process to be followed:-

Validation:-
i. KSL shall verify that the request for freezing/blocking the online access of the trading
account is received from the respective client only.
ii. Where the request is received from other than registered phone number of the client,
client will be required to complete the authentication procedure (2 Factor
Authentication).
iii. KSL may also follow any other process as may be prescribed by the Exchange(s)
uniformly in consultation with SEBI, from time to time.

Issuance of acknowledgment:-
i. KSL shall acknowledge the receipt of the request to the client. Acceptance or rejection
message will be displayed/ announced on the WhatsApp Chat/IVR respectively or
through any other legally verifiable modes as permitted in the SEBI “Circular on

54
 MANDATORY

Prevention of Unauthorized Trading by Stock Brokers” dated March 22, 2018 or as

may be amended from time to time.

Freezing/blocking the online access of the client’s trading account:-

i. Upon successful validation, the client’s trading account shall be frozen/blocked from
the online access.
ii. An active Mutual Fund and Equity Systematic Investment Plan (SIP) shall remain
active.
iii. The client will continue to have offline access to the trading account i.e. the client will
be able to place orders through the Authorized Person / dealer / call and trade and
carry out any other offline activities such as raise request for statements, carry out
client master modifications through physical requests etc.

Simultaneous cancellation of all the pending orders of the said client:-

i. All pending orders of the client in all segments shall stand cancelled.
ii. No fresh orders shall be allowed to be placed through online access.

Scenario and timelines:-

Scenario Timelines for issuing acknowledgement as

well as freezing/ blocking of the online
access of the trading account
Request received during the trading hours* Within 15 minutes
and within 15 minutes before the start of
trading.
Request received after the trading hours and Before the start of next trading session
15 minutes before the start of trading.

* Trading hours shall be as follows: Capital Market Segment: 9.15 a.m. to 3.30 p.m., Equity
Derivatives Segment: 9.15 a.m. to 3.30 p.m., Currency Derivatives Segment: 09.00 a.m. to 05.00
p.m., Commodity Derivatives Segment: 09.00 a.m. to 11:30 p.m.

Post freezing/blocking the client’s trading account:-

KSL shall send a communication on the registered mobile number and registered e-mail ID of the
client, stating that the online access to the trading account has been frozen/blocked and all the
pending orders in the client’s trading account, if any, have been cancelled along with the process
of re-enablement for getting the online access to the trading account.

Details of open positions (if any) would also be communicated to the client along with contract
expiry information within one hour from the freezing/blocking of the trading account. This will
eliminate the risk of unwanted delivery settlement. This time limit may be contracted after
Exchange’s review and would stand effective as modified from time to time.

Risk Management:-
It is clarified that:
i. Freezing/blocking is only for the online access to the client’s trading account, and there
shall be no restrictions on the Risk Management activities of KSL.
ii. The request for freezing/ blocking does not constitute request for marking client Unique
Client Code (UCC) as inactive in the Exchange records.

55
 MANDATORY

Process for re-enablement:-

KSL shall re-enable trading in the client’s account after carrying out necessary due diligence
including verifying the client using Two Factor Authentication and validating the client request and
unfreezing / the account.

For unfreezing of the trading account, the client will have to get in touch on the dedicated phone
number (080-45856363)/ chat (77389-88888 ) Once such request has been received and
authenticated, account will be unfrozen within 1 working day.

Maintenance of records/logs:-
KSL shall maintain the appropriate records/logs including, but not limited to, request received to
freeze/block the online access of trading account, confirmation given for freezing/blocking of the
online access of the trading account and cancellation of pending orders, if any, sent to the clients.

The Compliance Officer is authorized to provide any suitable advice/clarification/exception on the

said policy.

Client’s signature:-
This document is digitally signed.
Please refer to Annexure A for digital
signature

56