Client Bank Account Details

Client Bank Account Details for Fund Transfer (Stock Broking Activities)

Investors are requested to note that Stock broker (Indsec Securities and Finance Limited) is permitted to receive money from investor through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Stock broker (Indsec Securities and Finance Limited) is also required to disclose these USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker” (NSE) / “Member Directory” (BSE).

Name of Bank Account Indsec Securities and Finance Limited - USCNBA Account
Bank Name ICICI Bank Limited
(Address: 215, Free Press House, Free Press Marg
Nariman Point, Mumbai - 400 021)
Bank Account Number 000405015962
IFSC ICIC0000004
Name of Bank Account Indsec Securities and Finance Limited - USCNBA Account
Bank Name Bank of India
(Address: Stock Exchange, P J Tower, Dalal Street
Fort, Mumbai - 400 023)
Bank Account Number 008620100009150
IFSC BKID0000086
(Note: Funds will be released by Indsec on investor request / periodic settlement in Investor Bank Account from broker designated Down streaming Client Nodal Bank Account (DSCNBA) having title “Indsec Securities and Finance Limited - DSCNBA Account”. These accounts would be different from the accounts mentioned above and investors are requested to avoid transferring funds in these DSCNBA.)

In compliance of the SEBI requirements vide Circular No. SEBI/HO/DEPA-II/DEPA-II_SRG/P/CIR/2025/86 dated June 11, 2025 and SEBI’s latest Press Release No. 64/2025 dated October 1, 2025, to make your payments secure, we also got a Validated UPI handle. In case you wish to make payment through UPI, you may let us know via e-mail on co@indsec.co.in .

To further empower investors, SEBI has developed a new functionality called “SEBI Check”. Through this functionality, investors, irrespective of whether they are making payments though the @valid handles or other modes of bank transfer (like NEFT, RTGS, IMPS), can independently verify and confirm the authenticity of the bank account details and UPI IDs of SEBI registered intermediaries with the help of the bank account number and IFSC code or @valid UPI ID of an entity through SEBI Check by visiting SEBI Check platform (URL: https://siportal.sebi.gov.in/intermediary/sebi-check).

FAQs for Investors

Q. Is it compulsory for the investors to use the new handle only?+

Ans. The investors can choose their preferred mode of payment, such as UPI, IMPS, NEFT, RTGS, or Cheques. If an investor opts to use UPI for the payment to registered intermediaries, then they have to do so only using the new UPI IDs allotted to registered intermediaries.

Q. What should I check while making payment using the new UPI IDs/ QR Code?+

Ans. Investors need to keep following things into consideration:

  1. The UPI ID should properly show the name of the intermediary, followed by the short abbreviation of their category for example "brk" for Brokers, "mf" for Mutual Funds to the left of the "@" character.
  2. On the right side of the "@", the new and exclusive handle "@valid" should be present, followed by the bank name.
  3. On the confirmation screen, the app should show a white thumbs-up icon inside a green triangle.
  4. The QR code generated using the utility will have a white thumbs-up icon inside a green triangle. It will also display the UPI ID just below the QR code.
Q. Do investors also need to obtain new UPI handles to transact in the securities market?+

Ans. No, the new UPI IDs are only for intermediaries to obtain and investors can continue to use their existing UPI IDs.

Q. Whom to approach if my transaction/ payment fails with the new UPI ID?+

Ans. The secure validated UPI ID of intermediaries will use the same banking channel as the earlier generic UPI handles. In case of any technical difficulty, investors are requested to approach their respective bank.