Can an NRI, HUF, Corporate account avail SLB services at Jainam ?

Can an NRI, HUF, Corporate account avail SLB services at Jainam?

HUF, partnership, and corporate account holders can avail SLB services at Jainam. Currently, Jainam is not providing SLB services to NRI clients as it involves a lot of tax implications. Further, there is no minimum eligibility criteria set for a client for availing SLB services at Jainam.

RELATED FACTS:

  • The lender will be eligible for all corporate actions and will get all benefits of any corporate action even though he would not be holding stocks in his demat.
  • Pledged shares cannot be lent under SLB.