Approved Clearing Banks
As per the Regulations of NCDEX Spot Exchange Limited (NCDEX Spot), all Members of the Exchange are required to open their bank accounts (for settlement and for exchange dues) with the designated banks hereinafter referred to as "clearing banks". The accounts are to be named as "Member name - Settlement A/c" and "Member name - Exchange dues A/c".
NCDEX Spot has already finalized the appointment of following banks as clearing banks with which members may open the bank accounts for the purpose: |
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| Bank of India |
| Address : |
Stock Exchange Branch,
Stock Exchange Building,
Ground Floor,
Dalal Street,
Fort, Mumbai 400 001. |
| Telephone Nos : |
022 2272 2398/99 |
| Fax No : |
022 2272 1782 |
| Contact Persons : |
Mr. S.P.Shanbaug – Sr. Manager (Deposits) |
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Tel: 022-2272 2396, Mob.9819280438 |
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Mr. K. M Kanade – Desk Officer |
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Tel: 022-2272 1788, Mob. 9930019061 |
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| HDFC Bank Limited |
| Address : |
Commodity Markets Business,
Trade World, A Wing, 2nd Floor, Kamala Mills,
S B Marg, Lower Parel, Mumbai 400 013. |
| Contact Persons : |
Mr. Shivayogi Kubasad |
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Tel: 24988484 extn 3570; Mob. 9323469244 |
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Fax No. 022- 2492 3411 |
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Mr. Samit Mehta |
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Tel : 24988484 extn 3567, Mob.9323851617 |
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Fax No. 022- 2492 3411 |
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| Axis Bank Limited (formerly known as UTI Bank Limited) |
| Address : |
Capital Market Division,
Janmabhomo Bhavan,
Janmabhoomi Marg,
Fort, Mumbai 400 001. |
| Telephone Nos : |
022-66107278/80 |
| Fax No : |
022 66107284/85 |
| Contact Persons : |
Mr. Sunil Sharma AVP |
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Direct Tel. No.6610 7250/51, Mob. 9869663870 |
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Mr.Sajjan Goyal – Deputy Manager |
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Direct Tel No. 66107262, Mob.9867757077 |
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| IndusInd Bank Limited |
| Address : |
Sonawalla Building,
57, Mumbai Samachar Marg,
Fort, Mumbai 400 001. |
| Telephone Nos : |
022-66366580/83 |
| Fax No : |
022-66366590 |
| Contact Persons : |
Mr. Pradeep Bhave, VP & Country Head |
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Tel Nos: 022-6636 6580-83 (Extn: 201) |
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Direct No. 6634 7722/ 2269 2935, Mob. No.98205 50863 |
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Mr. R. Karthikeyan, Chief Manager |
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Phone Nos : 022-6636 6580-83 Extn:220, Dir No. 6636 6589 |
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Disclaimer for Clearing Banks empanelled with NCDEX Spot Exchange Ltd.
Members of the Exchange are hereby informed that before selecting and or appointing any of the Clearing Banks from the list of Clearing Banks empanelled by the Exchange, they may have their due diligence done about the Bank they wish to select and / or appoint for clearing and settlement of the transactions done by them on the Exchange. The list only indicates the Banks who have established connectivity and network with the Exchange and have the necessary infrastructure required to facilitate the clearing and settlement of transactions of the members on the Exchange. In the event of any negligence in providing services and or failure to provide services by any Clearing Bank or any other dispute arising between the member and the Clearing Bank, the Exchange shall not be responsible and / or liable for the same. |
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| MEMBERSHIP: |
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| IN THE NEWS : |
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