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Dormant Account Policy
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This Policy defines the treatment of Dormant/Inactive accounts of the clients maintained
with the Company.
Definition of Dormant/Inactive accounts:
In case of trading account the term wherein no trade have been carried out since last 12(Twelve) months.
Return of Funds & Securities:
Senator Securities Pvt. Ltd. will return the Funds & Securities to the client, on request from the client to have a clear balance.
Re-Activation of Trading Account:
The client’s request through letter/registered email ID/recorded telephone lines
impressed upon to reactivate the account or carry out any fresh transactions in a
dormant/inactive accounts.
The re-activating of trading account will require the following details/documents:
- Proof of Identify
- Latest proof of Address
- Copy of Bank Statement/Pass book (Last Six Months)
- Copy of latest Demat account Statement
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