Additional Base Capital

Clearing members may provide additional margin/collateral deposit (additional base capital) to NSCCL and/or may wish to retain deposits and/or such amounts which are receivable from NSCCL, over and above their minimum deposit requirements, towards initial margin and/ or other obligations.

Clearing members may submit such deposits in any one form or combination of the following forms:

  1. Cash
  2. Fixed Deposit Receipts (FDRs) issued by approved banks and deposited with approved Custodians or NSCCL
  3. Bank Guarantee in favour of NSCCL from approved banks in the specified format.
  4. Approved securities in demat form deposited with approved Custodians.