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Clearing Bank

NSE Clearing has empanelled 15 clearing banks namely Axis Bank Ltd., Bank of India, Canara Bank, Citibank N.A, HDFC Bank, Hongkong & Shanghai Banking Corporation Ltd., ICICI Bank, IDBI Bank, IndusInd Bank, Kotak Mahindra Bank, Standard Chartered Bank, State Bank of India,  Union Bank of India, YES Bank Limited and JP Morgan Chase Bank.

Members may open their clearing accounts with any of the empanelled clearing banks for the purpose of settlement of Exchange transactions.

The clearing banks are required to provide the following minimum services as a single window to all clearing members of National Clearing Limited formerly known as National Securities Clearing Corporation Ltd. as also to the Clearing Corporation:

  • Branch network in cities that cover bulk of the trading cum clearing members
  • High level automation including electronic funds transfer (ETF) facilities
  • Facilities like (a) dedicated branch facilities (b) software to interface with the Clearing Corporation (c) access to accounts information on a real time basis (d) back-up procedures and fall back mechanism in case of failure of the bank system
  • Value-added services to members such as free-of-cost funds transfer across centres etc.
  • Providing working capital funds
  • Stock lending facilities
  • Services as Professional Clearing Members
  • Services as Depository Participants
  • Other Capital Market related facilities
  • All other banking facilities like issuing bank guarantees / credit facilities etc.

Multiple clearing banks provide advantages of competitive forces, facilitate introduction of new products viz. working capital funding, anywhere banking facilities, the option to members to settle funds through a bank, which provides the maximum services suitable to the member.

Contact Details of Clearing Banks

Axis Bank Ltd.

Address

Axis House Wadia International Center,
Pandurang Budhkar Marg, Worli,
Mumbai - 400025

Contact Person & Numbers

Srinath S Nair

Srinath S Nair
Vice President
Telephone
91 022 68723819
Mobile
91 9082800674

Melwyn John Pereira

Melwyn John Pereira
Assistant Vice President
Telephone
91 022 68723818
Mobile
91 9821320861

Naresh Devadiga

Naresh Devadiga
Senior Vice President
Telephone
91 022 24254420
Mobile
91 9869721413

Bank of India Ltd.

Address

Stock Exchange Branch, P.J.Towers
Dalal Street, Fort
Mumbai - 400001

Contact Person & Numbers

Mr Amit Kumar

Mr Amit Kumar
Asst General Manager
Telephone
22722400,22721787
Mobile
9811627907

Mr. Sandeep Kumar Yadav

Mr. Sandeep Kumar Yadav
Senior Manager
Telephone
22721623
Mobile
9389806970

Canara Bank Ltd.

Address

Canara Bank Stock and Commodity Exchange Branch
No. 115, 11th Floor, Atlanta Building, Nariman Point,
Mumbai - 400021

Contact Person & Numbers

ABHISHEK PAGARE

ABHISHEK PAGARE
Senior Manager
Telephone
022-22023166(Any Enquiry), 022-22023167(Advances section)
Mobile
91 9893738877

Citibank N.A.

Address

Corporate Banking, First International Financial Centre (FIFC), Plot Nos. C-54 & C-55,
Bandra Kurla Complex, Bandra East,
Mumbai - 400098

Contact Person & Numbers

Mr. Dhiraj Lohiya

Mr. Dhiraj Lohiya
Vice President
Telephone
61755267
Mobile
8879996462

Mr. Tejas Zarapkar

Mr. Tejas Zarapkar
Senior Vice President
Telephone
61756856
Mobile
9819713188

The Hongkong & Shanghai Banking Corporation Ltd.

Address

2nd Floor,
52/60, M G Road,Fort
Mumbai - 400001

Contact Person & Numbers

Mr. Parthapratim Mahanta

Mr. Parthapratim Mahanta
VP, Financial Institutional Group parthapratim.mahanta@hsbc.co.in
Mobile
+91 9873 826 095

Mr. Rajendra Naik

Mr. Rajendra Naik
Senior VP, Global Payments Solution rajendranaik@hsbc.co.in
Mobile
+91 9820 414 281

Mr. Vipin Dorlikar

Mr. Vipin Dorlikar
VP - Account Manager, Global Payments Solution vipindorlikar@hsbc.co.in
Mobile
+91 9004 867 369

Mr. Vinod Mehta

Mr. Vinod Mehta
VP, Payments Services (Operations)
Mobile
91 8655 938 187

Mr. Brijendra Sharma

Mr. Brijendra Sharma
AVP, Payments Services (Operations) nsebse@hsbc.co.in , brijendrasharma@hsbc.co.in
Mobile
91 7400 167 705

ICICI Bank Ltd.

Address

BACKBAY RECKMINATION
CHURCHGATE,
Mumbai - 400020

Contact Person & Numbers

Mr. Bhushan Pande

Mr. Bhushan Pande
Senior Manager
Telephone
91 22-26537441
Mobile
+91 9561086953

Mr. Srinivasa Kadiyala

Mr. Srinivasa Kadiyala
Assit. General Manager, TREASURY & SECURITIES SERV GRP
Mobile
+91 9866658043

Mr. Avinash Kansal

Mr. Avinash Kansal
Head - Capital Markets Group
Telephone
91 22-26536505
Mobile
+91 9836068214

Mr. Kiran Hejmadi

Mr. Kiran Hejmadi
Chef Manager, TSSG SECURITIES MKT SERVICES
Mobile
+91 9930061446

HDFC Bank Ltd.

Address

HDFC Bank 2nd floor, Zenith House, K K Road
Arya Nagar, Opp Racecourse Mahalaxmi,
Mumbai - 400034

Contact Person & Numbers

Chetan Anam

Chetan Anam
Vice President- Capital & Commodity Markets
Mobile
9323292987

Prashant Patel

Prashant Patel
Executive Vice President- Capital & Commodity Markets
Mobile
9323138746

Satish Jathan

Satish Jathan
Senior Vice President- Capital & Commodity Markets
Mobile
9819903129

Mukesh Shah

Mukesh Shah
Senior Vice President- Capital & Commodity Markets
Mobile
9323169961

IDBI Bank Ltd.

Address

Capital Market Services
Annex Building, CBD Belapur,
Navi Mumbai - 400614

Contact Person & Numbers

Shri Marampelli Ramu

Shri Marampelli Ramu
Manager-Capital Market Operations.
Telephone
022-66700706
Mobile
9381774005

Shri Guddu Kumar Sah

Shri Guddu Kumar Sah
Manager-.Capital Market Operations
Telephone
022 66700671
Mobile
9892590260

Ms.Sharmili Basu

Ms.Sharmili Basu
Product head- Capital Market
Telephone
02266552163

Smt. Anchan Vandana Kariya Malathi

Smt. Anchan Vandana Kariya Malathi
AGM -Service Relationship Manager.LCG.
Telephone
022 66588124
Mobile
8108101070

IndusInd Bank Ltd.

Address

4th floor, PNA House,
MIDC, Andheri (East),
Mumbai - 400093

Contact Person & Numbers

Hetal Divanji

Hetal Divanji
Head Capital Market Operations , Hetal.Divanji@indusind.com
Mobile
+919820062805

Kaushik Chatterjee

Kaushik Chatterjee
Deputy Vice President – Capital Market Operations , chatterjee.kaushik@indusind.com
Mobile
9920209335

Mr. Ritesh Singh

Mr. Ritesh Singh
Head - Head-Financial Services Group
Mobile
9833383936

Dharmendra Jakhodia,

Dharmendra Jakhodia,
Senior Relationship Manager, Financial Services Group
Telephone
919820189141

Kotak Mahindra Bank Ltd.

Address

Kotak Infiniti, 2nd Floor, Zone II, Building No. 21, Infinity Park, Off W.E. Highway,
General AK Vaidya Marg, Goregaon (E),
Mumbai - 400097

Contact Person & Numbers

Mr. Vickram Valecha

Mr. Vickram Valecha
Senior Vice President
Telephone
66056027
Fax
No

Mr. Sachin Samant

Mr. Sachin Samant
President
Telephone
61660307
Fax
No

Standard Chartered Bank

Address

Crescenzo, 5th Floor , C 38 / 39 G Block.
Bandra Kurla Complex.
Mumbai - 400051

Contact Person & Numbers

Mr. Yohan Palia

Mr. Yohan Palia
Associate Director, Client Management
Telephone
22 61159109
Mobile
9821282849

Mr. Abhir Adyanthaya

Mr. Abhir Adyanthaya
Director and Financial Institutions Banker
Telephone
22 61157769
Mobile
9967595310

Mr. Kamal Parmar

Mr. Kamal Parmar
Director, Transaction Banking Sales
Telephone
22 61159123
Mobile
9920467756

Union Bank of India

Address

Capital Market Cell, M.S. Marg

-

Contact Person & Numbers

Sumit Kumar Jain

Sumit Kumar Jain
Chief Manager
Mobile
7974563530

Raghwendra Kumar

Raghwendra Kumar
Mobile
9918146808

Ashwani Kumar Tripathi

Ashwani Kumar Tripathi
Asst. General Manager
Telephone
22629303
Mobile
9628674999

State Bank Of India

Address

Mumbai Main Branch, 1st floor International Banking Division
Mumbai Samachar Marg
Mumbai - 400023

Contact Person & Numbers

Mr. Madan Chowdhary

Mr. Madan Chowdhary
Settlement.11777@sbi.co.in, Cmpc.11777@sbi.co.in
Telephone
022-22719123
Mobile
8800913777

Mr. Aditya Jha

Mr. Aditya Jha
DGM , dgm.figmum@sbi.co.in
Telephone
022-22719100
Mobile
9643308485

Mr.Rishikesh Karn

Mr.Rishikesh Karn
Deputy Manager, Settlement.11777@sbi.co.in
Telephone
022-22719121
Mobile
7903179570,

Mr.Anil Andalat

Mr.Anil Andalat
Sbi.11777@sbi.co.in
Telephone
022-22719102
Mobile
9483188458

Mrs.Munmun Hazra

Mrs.Munmun Hazra
Asst. Manager , Settlement.11777@sbi.co.in
Telephone
022-22719121
Mobile
9699369414

Yes Bank Limited

Address

6th Floor(South) YES Bank House,
Off Western Express Highway, Santacruz East,
Mumbai - 400055

Contact Person & Numbers

Mr. Manoj B Bisht

Mr. Manoj B Bisht
Senior Vice President,manoj.bisht2@yesbank.in
Telephone
022 6507 7996
Mobile
9167162440

Ms.Kiran Shirke

Ms.Kiran Shirke
Senior Vice President,kiran.shirke@yesbank.in
Telephone
022 65077478
Mobile
7045472600

Mrs. Surbhi Wahi

Mrs. Surbhi Wahi
Segment Head - Capital Markets,surbhi.wahi@yesbank.in
Telephone
022 50919571
Mobile
9833880050

J.P. Morgan Chase Bank N.A.

Address

J.P. Morgan Tower,
Off. C.S.T. Road, Kalina, Santacruz - East,
Mumbai - 400098

Contact Person & Numbers

Rahul Palan

Rahul Palan
ED,rahul.s.palan@jpmorgan.com
Telephone
022 61573752

Nikita Tambday

Nikita Tambday
ED,nikita.tambday@jpmchase.com
Telephone
022 61573710

Saket Sawant

Saket Sawant
VP,saket.sawant@jpmchase.com
Telephone
022 61573077

Dinesh Rai

Dinesh Rai
VP,dinesh.c.rai@jpmorgan.com
Telephone
022 61575008

Sandeep Ahuja

Sandeep Ahuja
Asst,andeep.ahuja@jpmorgan.com
Telephone
011 66111701