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NSCCL has empanelled 13 clearing banks namely
Axis Bank Ltd., Bank of India, Canara Bank, Citibank N.A, HDFC Bank, Hongkong &
Shanghai Banking Corporation Ltd., ICICI Bank, IDBI Bank, IndusInd Bank, Kotak
Mahindra Bank, Standard Chartered Bank, State Bank of India and Union Bank of
India.
Every Clearing Member is required to maintain and operate clearing accounts with
any of the empanelled clearing banks at the designated clearing bank branches.
The clearing accounts are to be used exclusively for clearing & settlement
operations.
Contact Details of the Clearing Banks
Clearing Account
Change in Primary Clearing Bank
Funds settlement
Funds shortages
Clearing |
Settlement cycle |
Securities settlement
Shortages handling |
Data and reports download |
Penalties
Electronic reporting |
Non-cleared (TT) deals |
IL segment deals and block deals
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