I'm a student. I'm quite inexperienced at trading and stock market. A couple of months ago I invested Rs.10000/- in Reliance and Unitech. I gave my broker(Brother of a friend who used to work with India Infoline) a cheque and he bought stock for me. Now I'm in dire need of money and I don't know how to liquidate my position.
My broker is dead so I can't ask him to liquidate it. I'm in rural area so to go to city for this work will be hectic. And if I use India Infoline software then money from proceeds will be saved in my trading and demat account for further trading. But I don't want to trade any more I want my money back in my bank account please do tell me how to get it.
Please do explain to me how to transfer money from trading account to bank account
Bank account : State Bank of India
Trading account : India Infoline
Demat account :NSDL
My broker is dead so I can't ask him to liquidate it. I'm in rural area so to go to city for this work will be hectic. And if I use India Infoline software then money from proceeds will be saved in my trading and demat account for further trading. But I don't want to trade any more I want my money back in my bank account please do tell me how to get it.
Please do explain to me how to transfer money from trading account to bank account
Bank account : State Bank of India
Trading account : India Infoline
Demat account :NSDL