Terms and conditions

Sachdeva Stocks

This page contains important information regarding the terms and conditions which apply to your trading and demat account with Sachdeva Stocks Broking Limited, Sachdeva Stocks Commodities Pvt. Ltd. and Sachdeva Stocks Securities Pvt. Ltd.(hereinafter referred to as Sachdeva Stocks). Sachdeva Stocks, being a Trading Member of NSE and BSE, registered with Securities & Exchange Board of India ("SEBI") and having Registration No. INZ000031633 for Cash/Derivatives/Currency Derivatives segments of NSE & BSE. Commodity trading on your account will be enabled through Sachdeva Stocks Commodities Pvt. Ltd., a member of MCX (Registration No. 46025) and having SEBI Registration Number INZ000038238. The Depository services for your account will be enabled through Sachdeva Stocks Broking Limited, a Depository Participant using CDSL as the Depository having SEBI Registration no.: IN-DP-431-2019. 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 having CIN: U65929KA2018PLC116815, and having its Registered Office at #153/154, 4th Cross, Dollars Colony, JP Nagar 4th Phase, Bangalore - 560078

Please note that the information contained herein is subject to change without notice.

General terms and conditions

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 nor seek 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.

Security precaution and password

Sachdeva Stocks will provide the client with a username and a trading password which will enable him to avail of the facilities of Online Trading through the Sachdeva Stocks website, over the telephone or in any such other manner as may be permitted by Sachdeva Stocks for availing of the services. Sachdeva Stocks may also provide the client with the username and password for accessing its back-office for various reports, etc. All terms regarding the use, reset and modification of such password shall be governed by information on the website.

Our trading terminal system have a stringent Two-Factor authentication (2FA) secure system for every client to enter into their login ID using their Client ID and Password, along with a 6 digit PIN OR Authentication via apps such as Google Authenticator set by 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 Sachdeva Stocks trading platform) Password has a 2FA system in place for a secure login experience by each client. After a client enters his/her Client ID, he/she is required to enter his/her (i) Password; and (ii) a 6 digit unique PIN set by the Client him/herself OR an Authentication mechanism via an application such as Google® Authenticator or Microsoft® Authenticator. A link to create Password & 2FA are sent to all clients along with the welcome email while opening an account. This Password and 2FA set by each client, is unique to him/her, and is not known to anybody else apart from the client him/herself. Passwords and 2FA credentials are privileged information, and must be kept in high secrecy by each client and not shared with anybody else.

As per instructions from SEBI & the Depositories, we are also required to obtain the above stated Two-Factor Authentication (2FA) for all such sell transactions where shares are debited from the demat account using the Online DIS route. Therefore, the same PIN set by You for Your Kite/trading terminal login, will be required to be inputted by You each time during a debit/sell transaction from your holdings from Your demat account via Kite. This will be required only if You are using the Online DIS route and not if you have submitted the physical Power of Attorney, that can be found here.

For Call & trade, each and every client is required to mention the last 4 digits of his/her Client ID along with his/her personalised 4 digit Pin (known as Support code) which can only be seen inside his/her trading account, that can be entered into by the client him/herself only after entering the Client ID, Password, 2FA. To know more about creating, changing, and using Your Support code, please read more here.

Any Password can be reset by the You at any point of time, by selecting the ‘Forgot Password’ link under the login area. As soon as You select the ‘Forgot Password’ link, a reset link is sent to Your registered email ID, where the same process of setting a unique password is followed.

The Client shall be responsible for keeping the Username and Password confidential and secure and shall be solely responsible for all orders entered and transactions done by any person whosoever through ZERODHA’s Online Trading System using the Client’s Username and/or Password whether or not such person was authorised to do so.

The Client shall be responsible for keeping the Username and Password confidential and secure and shall be solely responsible for all orders entered and transactions done by any person whosoever through ZERODHA’s Online Trading System using the Client’s Username and/or Password whether or not such person was authorised to do so.

The Client shall immediately inform Sachdeva Stocksof any unauthorised use of the Client’s Username or Password with full details of such unauthorised use including the date of such unauthorised use, the manner in which it was unauthorisedly used, the transactions effected pursuant to such unauthorised use, etc.

The Client acknowledges that he is fully aware of and understands the risks associated with availing of online trading services through internet including the risk of misuse and unauthorised use of his Username and/or Password by a third party and the risk of a person hacking into the Client’s account on Sachdeva Stocks Online Trading System and unauthorisedly routing orders on behalf of the Client through the System. The Client agrees that he shall be fully liable and responsible for any and all unauthorised use and misuse of his Password and/or Username and also for any and all acts done by any person through Sachdeva Stocks Online Trading System on the Client’s Username in any manner whatsoever.

Without prejudice to the provisions mentioned herein above, the Client shall immediately notify Sachdeva Stocks in writing with full details if: he discovers or suspects unauthorised access through his Username, Password or Account, he notices discrepancies that might be attributable to unauthorised access, he forgets his password or he discovers a security flaw in Sachdeva Stocks Online Trading System.