Membership Admission Process
Membership Admission Procedure for Professional Clearing Member (PCM)
01
Scrutiny of Membership Application form and receipt of fees and deposit
02
Interview by Membership Recommendation Committee (Internal Committee)
03
Submit recommendation to Membership Selection Committee (MSC) for admission as a Clearing Member (SEBI Mandate Committee)
04
Creation of CMID and add segment on SEBI portal
05
Completion of other operation requirements like deposit, Bank account details, fidelity insurance
06
Enable Member for clearing interface
07
Issue of Membership Certificate