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Account closure

We regret that you have decided to close your account with us

‘Account closing’ is a request to permanently stop all trading & investing activity with mastertrust. If you wish to resume trading or investing with us anytime in the future, you will have to re-do the account opening process.

Once the closure is approved, we will disable your access to masterswift 2.0/ mastermobile/Backoffice etc.

Please note that account closure is irreversible. Hence, we recommend to download the transactions, ledger, contract notes, bills and other statements before proceeding with account closure. You may need these for tax filing and compliance. Please note that you cannot download these statements once the account is closed.

You can close your account online provided your account has no holdings, no pending positions or orders, and has zero balance.

To close your account online, log in to your account and follow the steps below.

Scroll down to the Footer and Click on Account Closure.
Select Trading/ Demat or Trading & Demat as per your requirement
Select the reason for account closure (Non mandatory) and Click on Save.
Click on View Application to generate PDF.
Proceed to eSign.
Click on Sign Now.
Accept the T&C, Enter your Aadhaar Number and Click on ‘Send OTP’.
Enter the OTP received on your Aadhaar linked mobile number and Click on ‘Verify OTP’.
After following the steps mentioned above, you will receive a confirmation mail via your email id registered with mastertrust.

Note:

If the closure request is rejected, mastertrust will restore login access to masterswift 2.0/mastermobile.
You will not be able to restore a closed account. You will have to open a new account with mastertrust by paying the requisite account opening charges and completing the signup process.

Still need help? Call us at 08069991111 or write to us at helpdesk@mastertrust.co.in

Disclaimer

Prevent Unauthorized Transactions in your demat/trading account --> Update your Mobile Number/Email Id with your Depository Participant/Trading Member. Receive alerts on your Registered Mobile/Email Id for all debit and other important transactions in your demat/trading account directly from NSDL/CDSL/Exchange(s) on the same day. Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

“Attention Investors

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
3. Pay 20% upfront margin of the transaction value to trade in cash market segment.
4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

.......... Issued in the interest of Investors"

Master Capital Services Ltd.: (CIN: U67190HR1994PLC076366), Members: NSE, BSE, MCX, NCDEX, ICEX & MSEI, SEBI Regn. No.: INZ000210539 | NSDL SEBI Regn. No. IN-DP-NSDL-108-99| CDSL SEBI Regn. No. IN-DP-CDSL-141-2001| Merchant Banker SEBI Regn. No. INM000000I07 | Research Analyst SEBI Regn. No. INH000002194| AMFI Regn No. ARN-58711. Registered office: A-852-A, Basement, Sushant Lok, Phase-I, Gurugram, Haryana-122002. Corporate/Correspondence office: 1012, 10th Floor, Arunachal Building, Barakhamba Road, New Delhi-110001

Up Streaming Client Nodal Bank Account (USCNBA) for collection of client fund: Bank Account No. 00030340026875, Account Holder Name: Master Capital Services Limited- USCNB account, IFSC : HDFC0000003, Bank Name : HDFC BANK LTD
Investors are requested to note that Stock broker (Master Capital Services Ltd.) is permitted to receive/pay money from/to investor through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Stock broker (Master Capital Services Ltd.) is also required to disclose its USCNB accounts to Stock Exchange. Hence, you are requested to use abovementioned USCNB account only for the purpose of dealings in your trading account with us. The details of our USCNB accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker” for NSE & BSE, “Membership –>–> Notice Board –>–> Member & AP details” for MCX and “Membership –> Disclosures” for NCDEX.

Master Portfolio Services Ltd.: (CIN: U67120GJ1994PLC124853), Registered Portfolio Manager, SEBI Registration No. INP000001637 Registered Office: 704, 7th Floor, Sears Tower, Opp. Just Dial Tower, Panchvati To Gulbai Tekra Road, Ahmedabad 380009, Gujarat
“The Clients have the option to be on boarded directly with Master Portfolio Services Limited for its PMS service/products without intermediation of persons engaged in distribution services.”

Master Trust Ltd. (CIN: L65991PB1985PLC006414)

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