This page contains important information regarding the terms and conditions which apply to your trading and demat account with Sachdeva Stocks Private Limited. Sachdeva Stocks, being a Trading Member of NSE and BSE, registered with Securities &Exchange Board of India ("SEBI") and having Registration No. INZ000292435for Cash/Derivatives/Currency Derivatives segments of NSE & BSE. The Depository services for your account will be enabled through Sachdeva Stocks Private Limited, a Depository Participant using CDSL as the Depository having SEBI Registration no.: IN-DP-CDSL-244-2016. Access to your account and the usage of your account is subject to your compliance with all the terms and conditions set forth herein, read along with all documents, including but not limited to applications forms and undertakings, signed by you during account opening. Please read this page carefully and retain it for future reference.
The website is owned,operated and maintained by Sachdeva Stocks (hereinafter referred to as“SACHDEVA STOCKS”), a Company incorporated under the Companies Act, 2013 havingCIN: U65999HP2006PTC000137, and having its Registered Office Opp.Sabzi Mandi (UNA) -174303.
Please note that the information contained herein is subject to change without notice.
Before availing of online trading services, the Client shall complete the registration process as may be prescribed from time to time. The Client shall follow the instruction given in the website for registering himself as a client. The Client agrees that all investment and disinvestment decisions are based on the Client's own evaluation of financial circumstances and investment objectives. This extends to any decisions made by the Client on the basis of any information that may be made available on the web site of Sachdeva Stocks. The Client will not hold no rseek to hold Sachdeva Stocks or any of its officers, directors, partners, employees, agents, subsidiaries, affiliates or business associates liable for any trading losses, cost of damage incurred by the Client consequent upon relying on investment information, research opinions or advice or any other material/information whatsoever on the web site, literature, brochure issued by Sachdeva Stocks or any other agency appointed/authorised by Sachdeva Stocks. The Client should seek independent professional advice regarding the suitability of any investment decisions. The Client also acknowledges that employees of Sachdeva Stocks are not authorized to give any such advice and that the Client will not solicit or rely upon any such advice from Sachdeva Stocks or any of its employees.
Sachdeva Stocks willprovide the client with a username and a trading password which will enable himto avail of the facilities of Online Trading through the Sachdeva Stockswebsite, over the telephone or in any such other manner as may be permitted bySachdeva Stocks for availing of the services. Sachdeva Stocks may also providethe client with the username and password for accessing its back-office forvarious reports, etc. All terms regarding the use, reset and modification ofsuch password shall be governed by information on the website.
Our trading terminalsystem have a stringent Two-Factor authentication (2FA) secure system for everyclient to enter into their login ID using their Client ID and Password, alongwith a 6 digit PIN OR Authentication via apps such as Google Authenticator setby the Client himself/herself. This 2FA mechanism is set in place as per SEBI& Exchange guidelines with respect to Internet Based Trading Rules.
Each Kite (or SachdevaStocks trading platform) Password has a 2FA system in place for a secure loginexperience by each client. After a client enters his/her Client ID, he/she isrequired to enter his/her (i) Password; and (ii) a 6 digit unique PIN set bythe Client him/herself OR an Authentication mechanism via an application suchas Google® Authenticator or Microsoft® Authenticator. A link to create Password& 2FA are sent to all clients along with the welcome email while opening anaccount. This Password and 2FA set by each client, is unique to him/her, and isnot known to anybody else apart from the client him/herself. Passwords and 2FAcredentials are privileged information, and must be kept in high secrecy byeach client and not shared with anybody else.
As per instructions fromSEBI & the Depositories, we are also required to obtain the above statedTwo-Factor Authentication (2FA) for all such sell transactions where shares aredebited from the demat account using the Online DIS route. Therefore, the samePIN set by You for Your Kite/trading terminal login, will be required to beinputted by You each time during a debit/sell transaction from your holdingsfrom Your demat account via Kite. This will be required only if You are usingthe Online DIS route and not if you have submitted the physical Power ofAttorney, that can be found here.
For Call & trade, eachand every client is required to mention the last 4 digits of his/her Client IDalong with his/her personalised 4 digit Pin (known as Support code) which canonly be seen inside his/her trading account, that can be entered into by theclient him/herself only after entering the Client ID, Password, 2FA. To knowmore about creating, changing, and using Your Support code, please read morehere.
Any Password can bereset by the You at any point of time, by selecting the ‘Forgot Password’ linkunder the login area. As soon as You select the ‘Forgot Password’ link, a resetlink is sent to Your registered email ID, where the same process of setting aunique password is followed.
The Client shall beresponsible for keeping the Username and Password confidential and secure andshall be solely responsible for all orders entered and transactions done by anyperson whosoever through SACHDEVA STOCKS PVT LTD. Online Trading System usingthe Client’s Username and/or Password whether or not such person was authorisedto do so.
The Client shall beresponsible for keeping the Username and Password confidential and secure andshall be solely responsible for all orders entered and transactions done by anyperson whosoever through SACHDEVA STOCKS PVT LTD. Online Trading System usingthe Client’s Username and/or Password whether or not such person was authorisedto do so.
The Client shallimmediately inform Sachdeva Stocksof any unauthorised use of the Client’sUsername or Password with full details of such unauthorised use including thedate of such unauthorised use, the manner in which it was unauthorisedly used,the transactions effected pursuant to such unauthorised use, etc.
The Client acknowledgesthat he is fully aware of and understands the risks associated with availing ofonline trading services through internet including the risk of misuse andunauthorised use of his Username and/or Password by a third party and the riskof a person hacking into the Client’s account on Sachdeva Stocks Online TradingSystem and unauthorisedly routing orders on behalf of the Client through theSystem. The Client agrees that he shall be fully liable and responsible for anyand all unauthorised use and misuse of his Password and/or Username and alsofor any and all acts done by any person through Sachdeva Stocks Online TradingSystem on the Client’s Username in any manner whatsoever.
Without prejudice to theprovisions mentioned herein above, the Client shall immediately notify SachdevaStocks in writing with full details if: he discovers or suspects unauthorisedaccess through his Username, Password or Account, he notices discrepancies thatmight be attributable to unauthorised access, he forgets his password or hediscovers a security flaw in Sachdeva Stocks Online Trading System.
