Dear friends,
Sharekhan's Client Master updation policy is the worst. Even if you provide all the necessary documents they return your request due to signature mismatch. For example, the IFSC & MICR code of a bank's branch is fixed for all the customers of that branch. It is in fact the ID of the branch. But Sharekhan asks for a cancelled cheque for that too. Even after providing them with the cancelled cheque for updating the IFSC & MICR code only, of the already registered bank account number, they reject the application on account if signature mismatch. They have also not renamed my registered bank from UTI Bank to Axis Bank. For this also they are asking for cancelled cheque.
For this reason I have decided to either open a trading & demat account with SBICAP or AXIS Bank 3-in-1.
Regards
SKM.
Sharekhan's Client Master updation policy is the worst. Even if you provide all the necessary documents they return your request due to signature mismatch. For example, the IFSC & MICR code of a bank's branch is fixed for all the customers of that branch. It is in fact the ID of the branch. But Sharekhan asks for a cancelled cheque for that too. Even after providing them with the cancelled cheque for updating the IFSC & MICR code only, of the already registered bank account number, they reject the application on account if signature mismatch. They have also not renamed my registered bank from UTI Bank to Axis Bank. For this also they are asking for cancelled cheque.
For this reason I have decided to either open a trading & demat account with SBICAP or AXIS Bank 3-in-1.
Regards
SKM.
