Terms & Conditions

1. Introduction

Welcome to Share India Securities Limited. By opening a trading and demat account with us, you agree to the following terms and conditions that define the rights, obligations, and responsibilities of both the investor and the broker.

2. Eligibility

• The applicant must be an Indian citizen and comply with all applicable regulatory requirements.
• Minors may open a Demat account under the guardianship of a parent or legal guardian.
• The applicant must provide valid Know Your Customer (KYC) documents as mandated by the Securities and Exchange Board of India (SEBI).

3. Account Opening and Documentation

• The investor can easily complete the account opening process by submitting the required details either online or offline as per their convenience.
• The broker reserves the right to verify, approve, or reject any application without assigning any reason.
• The account will be opened only after all procedures related to In-Person Verification (IPV) and client due diligence are completed.
• Any changes in registered details must be promptly communicated and supported by valid documentation.

4. Account Operations

• The account shall be used solely for holding, transferring, and trading securities in accordance with SEBI regulations.
• The investor must maintain adequate funds and securities to meet settlement/margin obligations.
• Any unauthorized access or misuse of the account will be the sole responsibility of the investor.

5. Brokerage and Charges

• The investor agrees to pay all applicable charges including maintenance, transaction charges, and other statutory levies as per the tariff sheet.
• Brokerage shall not exceed SEBI-prescribed limits.
• Brokerage and Maintenance Charges are currently offered under an introductory offer.
• Statutory levies and taxes will be applied as prescribed by regulators.
• The broker reserves the right to revise the fee structure with prior intimation to the investor.

6. Rights and Obligations

• The investor has the right to receive statements of holdings and transactions periodically.
• The broker shall ensure compliance with all SEBI guidelines, including data security and privacy measures.
• The broker shall not be held liable for any losses due to market fluctuations, system outages, or technical failures beyond its control.
• Investments in securities markets are subject to market risks. Investors are advised to read all related documents carefully before investing.

7. Grievance Redressal

• Any grievances regarding the account shall be addressed as per the prescribed grievance redressal mechanism available on our website.
• If not resolved satisfactorily, investors may escalate complaints to relevant regulatory authorities.

8. Closure or Suspension of Account

• Investors may request account closure by submitting a formal request and clearing all dues.
• The broker reserves the right to suspend or close the account in cases of non-compliance, fraudulent activities, or as per regulatory directions.

9. Amendments and Modifications

• These terms and conditions are subject to change at the discretion of the broker in compliance with regulatory updates.
• Share India reserves the right to change, alter, or discontinue any offer.
• Continued use of the account after modifications will be deemed acceptance of the revised terms.

10. Governing Law and Jurisdiction

• These terms and conditions shall be governed by and interpreted in accordance with the laws of India.
• Any disputes shall be subject to the jurisdiction of the courts in [City/State].
• By proceeding with the account opening process, you acknowledge that you have read, understood, and agreed to these terms and conditions.

11. Communication and Consent

• By submitting your details, you authorize Share India to contact you via Call/SMS, even if you are registered under DND.
• Such communication may continue till the account is not closed.

12. Customer Support

For any assistance, please contact our customer support at 1800 203 0303 or email us at support@shareindia.com.