Procedures. Step by step.

How to open an account, file a complaint, and check status — all written out and visualised. Published as required under SEBI / NSE Annexure A item 4.

Reference NSE/COMP/56350 Annexure A · 4
Resolution timeline 30 days (SEBI Investor Charter)
Last updated 01-May-2026
Procedure 01

Open an account.

Most clients are onboarded fully online via Aadhaar-based e-KYC. The process typically completes in 24–48 hours from when you submit your documents. For HNIs and family offices, we also support physical onboarding with a relationship manager.

Channel e-KYC online · WhatsApp · Office visit
Typical time 24–48 hours
What you'll need PAN · Aadhaar · Bank proof · Signature
1
Initiate the application

Start the e-KYC online flow, send a WhatsApp to +91 98692 70808, or visit the Mumbai office. We'll guide you to the right path based on your residency and product needs.

Online · WhatsApp · In person
2
Submit KYC documents

Provide self-attested copies of PAN card, Aadhaar, address proof, bank account proof (cancelled cheque or recent statement), and a passport-style photograph. For HUF, partnership, or corporate accounts, additional entity documents are required.

PAN · Aadhaar · Bank · Photo
3
In-person verification (IPV)

Verify your identity either via Aadhaar OTP-based e-KYC (no video call needed) or via a brief video call with our staff. IPV is mandatory under SEBI regulations for all new accounts.

Same day
4
Acknowledge MITC and Rights & Obligations

Read and acknowledge the Most Important Terms & Conditions (MITC), the Rights & Obligations document, the Risk Disclosure Document, and the Investor Charter. These documents are sent as part of the account-opening kit and are also available on the website.

MITC · R&O · RDD · Charter
5
KYC processed and Unique Client Code allocated

We submit your KYC to the KRA system within 3 working days, allocate a Unique Client Code (UCC) before your first trade, and share a copy of all completed registration documents within 7 days from upload of UCC to the Exchange.

KYC · 3 working days UCC · before trading Documents · 7 days
6
Trading credentials issued

You receive trading credentials for the Saral MoneyMaker terminal and mobile app, your demat account is activated with NSDL, and you're ready to trade. Your contact at DealDepot — your "person" — is introduced to you for any service requirement going forward.

Account live
Ready to start? Begin the e-KYC flow online, or just message us on WhatsApp. Start e-KYC → WhatsApp us
Procedure 02

File a complaint.

All complaints relating to broking or depository operations should be sent to our designated investor-grievance email, published on the Escalation Matrix. We acknowledge within 24 hours with a communication reference, and resolve within the SEBI-prescribed 30 days.

Designated email See Escalation Matrix
Acknowledgment Within 24 hours
Resolution SLA 30 days
1
Email the designated grievance address

Send your complaint to the designated investor-grievance email with the following details: your name, Unique Client Code (UCC), PAN, registered mobile, a clear description of the issue, and any supporting documents (contract notes, ledger entries, screenshots, prior correspondence).

You may also call +91 22 6917 5201 (Compliance Officer) for assistance with filing. WhatsApp messages are not the designated channel for formal complaints — they are a service line.

Designated email · phone backup
2
Receive communication reference and acknowledgment

Within 24 hours of receipt, we'll respond with an acknowledgment containing a unique communication reference. Save this reference — you'll need it for any follow-up, escalation, or status check (covered in Procedure 03).

Ack · 24 hours Reference issued
3
Resolution within 30 days

Our team will work on the resolution. As per the SEBI Investor Charter, all grievances are to be redressed within 30 days from receipt. You'll receive periodic updates if the matter is complex.

SLA · 30 days
4
Internal escalation

If you're not satisfied with the response, escalate using the Escalation Matrix: Customer Care (L1) → Head of Customer Care (L2) → Compliance Officer (L3, Arjun Shah · compliance@dealdepot.in) → CEO (L4, Piyush Shah · customer.service@dealdepot.in). Always quote the communication reference.

If unresolved
5
External escalation

If the matter remains unresolved after internal escalation, you may file with the relevant Stock Exchange (NSE / BSE), with NSDL for depository-related matters, on the SEBI SCORES 2.0 portal, or via SMARTODR for online conciliation and arbitration.

SCORES · SMARTODR · Exchange · NSDL
File now Have all the relevant details ready — quoting your communication reference helps us help you. Escalation matrix → KMP contacts
Procedure 03

Check complaint status.

Once you have a communication reference from Procedure 02, you can check the status of your complaint at any time. Status checks are confidential and shared only with the registered client or an authorised representative.

What you need Communication reference
Response time Within 1 working day
Channel Email · phone · in person
1
Have your communication reference ready

The communication reference is the one you received in the acknowledgment from Procedure 02 (sent within 24 hours of filing). It's the fastest way for us to look up the matter and give you an accurate status.

From your acknowledgement email
2
Email or call us

Email the designated grievance address with subject line "Status check — communication reference XXXXX", or call the Compliance Officer on +91 22 6917 5201. Mention the reference, your name, and your UCC.

Email · phone
3
Receive current status

We'll respond within 1 working day with the current status: under review, additional information required, resolved, or escalated. If the matter is resolved, the response will include the resolution summary and any compensation or corrective action taken.

Response · 1 working day
4
Check externally if filed at the Exchange or SEBI

If you've separately filed the same complaint with NSE, BSE, NSDL, or on SCORES, you can also check status directly on those portals. SCORES 2.0 lets you log in and view all your filings; the Exchange complaint portals work similarly.

SCORES · Exchange · NSDL portals
Quick contact Email is fastest. Quote the communication reference in the subject line. Escalation matrix →
Risk disclosure on derivatives

9 out of 10 individual traders in equity F&O segment incurred net losses. On average, loss-makers registered net trading loss close to ₹50,000. Over and above the trading losses, loss-makers spent an additional 28% of the loss as transaction cost. Even those making net trading profits incurred between 15% and 50% of such profits as transaction costs.

Source: SEBI study dated 25-Jan-2023 — Analysis of Profit and Loss of Individual Traders in EQ/F&O Segment, FY 2021-22.