Procedure
We will make payment in following manner :
For the transaction to be completed, we will send you Deal Confirmation Letter containing all the details of your security Name, Date of Transaction, Quantity, Rate, Mode of Delivery, Bank Details and our Demat Details.
You will have to Deposit your shares to our mentioned Demat Account, Once the shares get reflected to our Demat Account immediately we will make the Payment.
We will make you Payment by
(a) Demand Draft
(b) RTGS
(c) Transfer Cheque
Alternatively if you are not comfortable to transfer or courier shares, we will send our Representative with Demand Draft at your place who will help you to transfer shares in our Demat Account or in case of physical shares you have to handover shares to our representative with all mandatory documents.
We have Bank Accounts with: HDFC Bank, ICICI Bank, Axis Bank, Kotak Bank.
Please note that this is off market transaction so S.T.T will not be deducted on our deals