1. Modification Process Flow

2. Overview Wealth creation through investing in stock markets
Understanding financial statements
Return for shareholders
Market myth
Type of companies
Common mistakes done by investor

3. Contents Topics Slide Number Process Flow chart for Modification Forms1
Meaning of Modification form 2
Modification Form – Specimen Copy 3
Multi Bank Process 4
Nomination Form 5
Change of ID & Sify application form (Trading Account)
6-7
E- Fund Facility 8
DP Closure & types of DP closures 9
Demat account closure - Process Flow Chart 10
DP Closure (Normal case) 11
Transfer 12
Transmission 13
Branch Check list 14

4. Process Flow Chart

5. Meaning of Modification
When ever client requests to change some certain detail in our system (Trading or in Demat Account) the client needs to dully fill & sign the Modification form & submit the same at Branch along with the supporting documents.
Types of Modification
Bank Details
ID for ECN
Contact Number
Nominee details
RTGS / NEFT
Address
DP details

6. Modification Form
Date
DP Client ID
Client name as per KYC account
Combined Modification form Account holder needs to fill the details to be modified in the account (KYC/DP), send the same to Branch along with the self attested clear & valid supporting documents with signatures of all the holders (In Demat A/c) Note: Existing details is mandatory & should be same as our records. Note: Any alteration in modification form requires authentication from the client by signing near to the correction.
Account holders name as the Depositary account
Trading Code & Branch Name
New Bank details
New Address
Existing Address
Existing Mobile No.
New Mobile Number
Existing Bank Details
Existing DP Details
New DP Details
Signature as per trading account
Signature of all holders

7. Multi Bank process
Multi bank process means adding multiple bank details in Trading/ broking account. (not more than 5 banks)
This will ease the client in transferring funds to brokers bank account hence will ease RMS to give limits.
Note: Self attested proof/s required for banks which are given for addition
Client Name, Code & Branch
Bank Name, account number and type of account
Client Signature

8. Existing Nominee Details
Nomination
DP Account number
Client can change the nominee to the existing DP account, only one nominee can be added.
Point to be taken care of:
If nominee is a minor, guardian is compulsory.
If DP account is in joint names, all the holders consent is mandatory.
Witness signatures is important from the clients end.
Account holder cannot be a guardian for the nominee
BO Name
New Nominee Details
Existing Nominee Details
BO Signature
Witness Signatures

9.
Client needs to give a consent to change the ID for sending e-contracts, ledgers, holdings etc.
Client requires signature as per the Trading account.
Clients ID
Trading account code
Client Signatures

10. (Sify)
If Client wishes to have an Sify ID, the same needs to be signed by the account holder.
Once the same is generated, the said ID will be used as Secondary ID by sify.
Client Signatures

11. Bank Detail for which RTGS needs to updated
RTGS/ NEFT
Bank Detail for which RTGS needs to updated
If client wishes to pay direct payout facility with us, the same can be done with the request for “RTGS Pay out facility” letter. Note: Client has to submit a bank proof w.r.t. the same
RTGS
NEFT
Transaction above Rs
Transaction amount below Rs
Transaction take place on one to one basis i.e. real time basis
Transaction take place in batches i.e. batch by batch
Faster mode of funds transfer processed continuously during business hours
Transfer of fund in batches hence its on specific time (6 batches)
Client Signatures

12. Closures & Types
DP Closures
BO Initiated
Normal Closure
Transfer
Transmission
DP Initiated
Closing of Demat Accounts are classified in two broadly major parts:
BO Initiated
DP Initiated
When BO initiates the closing of account its know as Bo Initiated
DP Initiated closure is done when the account is closed by Depository Participant due to Non payment of dues etc

13. Closure Process Flow

14. Closures- Normal
DP Account No.
Account Holder’s name
DP Account is closed due to normal closure of business, BO needs to fill the Closure Request Form specified by the depositaries
Note:
No dues pending in the account
Account should be free from any stocks whether locked in or free
All the holder should sign the document
If the Company account is being closed Board Resolution is mandatory
Account Holder’s address
Account holders signature
Trading account number
Verification stamp at Branch

15. DP Closures - Transfer Case
DP Account No.
Account number where shares to transferred
Account Holder’s name
If a BO wishes to close the DP Account, he has to ensure that there are no stocks, if there are any the client has to transfer the same by way of Annexure or DIS, along with the previous due. Client has to submit the Original Client Master List of said DP (in the same sequence) in order to waived off the transfer charges.
Account Holder’s address
Account holders signature
Trading account number
Verification stamp at Branch

16. Transmission Case
Old Account number
Transmission cases are only applicable when anyone of the holders in DP account is deceased, hence, we require the closure letter duly signed by any other holders along with the notarized death certificate,
If there is only one holder in the account, Nominee has to open a new account, else successor should produce Succession certificate.
New DP Account number
Deceased holder name

17. Branch Check List
Assist client in filling up Modification/ DP Closure form.
Collect and verify copies of documents with their originals
In ward & verification stamp with employee signature at the back side of the modification form
Self attestation on photocopies of all proofs by the client
ID and Mobile number should be of client only
Witness required for Nomination
All Bank proofs are required for Multi bank process
Original Client Master list Mandatory for transfer & closure of Demat Account (if client wishes to waive off the transfer charges)
Original Client Master list should be in the clients name in the same order having same status (incase of HUF & Individual)
Notarised Death certificate compulsory for all transmission case. Account to be opened in the name of joint holders or nominee (as per the case)

18. THANK YOU Published in FY 2012. © Angel Broking 2012-13
Angel Broking All rights reserved. Corporate Office: 6th Floor, Ackruti Star, Central Road, MIDC, Andheri East, Mumbai – , India
Tel.: +(91)
The information given herein or in the accompanying material is intended only to be general information relating to the organization, structure, functions, areas of business, potential and scope of Angel Group of companies, which expression may as the context requires include the holding company, subsidiary companies and their affiliates, or any or all of them, variously referred to as “Angel Broking”, “Angel Group”, “Angel” or the “Group” or the “Company” and while every effort has been made to ensure the accuracy and completeness of the information given, neither the group companies, nor any of their Directors, Members, employees, servants or agents make any guarantee or assume any liability for any errors or omissions in the information furnished. It is further made clear that nothing stated or anything omitted to be stated in this document can constitute a ground for any claim, demand or cause of action against the company or any of its Directors, Members, employees, servants or agents.