Clearing member may request the Clearing Corporation to release deposits held by the Clearing Corporation. Such requests may be considered by the Clearing Corporation if the Clearing Corporation chooses not to exercise its lien pursuant to the Rules, Byelaws and Regulations and subject to availability after due adjustments for the due fulfilment of all obligations and liabilities arising out of or incidental to any deals made by such clearing member and / or trading members clearing and settling the deals through such clearing member and subject to the bye laws, rules and regulations of the Clearing Corporation or anything done in pursuance thereof.

The web based facility of Collaterals Interface for Members (CIM) is provided for submission of release requests of collaterals. The clearing members may select the desired available collaterals for release. Release requests though CIM can also be placed using a file upload facility.


Collection of released collaterals submitted to NSCCL
The representative of the Clearing members coming to collect released FDR/ BG is required to carry an authorization letter.

The released Fixed Deposit Receipts / Bank Guarantees can be collected on the next working day of the release.