Privacy Policy

"Rikhav Securities Ltd. . (Member of The National Stock Exchange of India Ltd.) and (Member of Rikhav Commodity Brokers Pvt. Ltd. Stock Exchange Ltd.), (Hereinafter referred to as 'Rikhav Securities Ltd. ') has its own unique privacy policy features. Please read the following to learn more about our privacy policy.

Privacy Policy Covers

This Privacy Policy covers Rikhav Securities Ltd. behavior towards the personal information, which is stored while you are exploring our site and using the services on the site.

Gathering and Utilization of Information

Rikhav Securities Ltd. collects personally identifiable information while registering for Rikhav Securities Ltd. account, Online Trading, Derivatives, etc.

Information Sharing and Disclosure

  • Rikhav Securities Ltd. will preserve your personal information without selling or renting it to anyone.
  • Rikhav Securities Ltd. is committed to safeguard your privacy online.
  • Only those people or companies will have access to the information who is authorized to do so.
  • Rikhav Securities Ltd. will share your information with your consent only.


  • Rikhav Securities Ltd. may set and access Cookies on your computer.
  • Edit Your Account Information and Preferences
  • Rikhav Securities Ltd. provides the facility to edit your Account Information and preferences at any time.


Your Account related Information with Rikhav Securities Ltd. is password-protected for your privacy and security.

Amendments in the Privacy Policy

Rikhav Securities Ltd. may change this policy from time to time. You will be notified by posting a prominent announcement on our pages in case of substantial amendments in the way we use your personal information.

Suggestions or Queries

You are invited to forward your queries and suggestions to our email

Policy on Client Code Modifications

  • The modification to the client code is to be done only in exceptional cases and not as a routine one.
  • The reason for modification has to be ascertained and analysed and genuineness is to be established and also it’s impact on the clients should be studied before the modification.
  • Normally as a principle, other than for punching errors, no modification to the client codes be allowed.
  • Therefore it is imperative that the issue should be reported to the senior level Manager/Director and only with his approval, the modification should be carried after being satisfied that it is genuine, the same is required to be done to protect the interests of the client.
  • Hence the facility to modify the client codes should be available only at the Corporate Manager level and should not be given to the branches/franchise/sub-brokers.
  • Training program should be conducted to all the Dealers and they should be explained how code modifications can be misused and what steps should be taken to avoid the same. It also should be explained that code modifications should not be encouraged to the clients except for cases like ‘punching errors’/’typing errors’.
  • A register is to be maintained for recording all the code modifications with details like error code, correct code, scrip name quantity, client name, the name of the dealer who punched the code, the explanation of the dealer/Branch Manager, the ‘analysis /study’ of the authorised Manager and his approval/disapproval for modification.
  • Finally the decision of the authorised Manager should be ratified later by the Director.
  • Modification of client code are to be done as per the rule and regulation of exchange and as per the Circular issued by exchange.
  • Also management will monitor on daily basis the reasons for client code modification and will ensure that there will not be any manipulation going on regards to change of client code.
  • All the IDs will be blocked for the client code modification and all the modification of client code will done at H.O level with the approval of Director or Head of management after knowing the genuine reasons.

Policy for inactive clients account

  • Inactive client means client who is inactive during last 3 months immediately preceding the end of the previous month.
  • A list of inactive clients shall be prepared from the back office software at regular interval and shall be submitted to the concerned department after confirmation with the management. The management will approve a final list of inactive clients.
  • A copy of the list is also forwarded to dealers who operate our BOLT or NEAT terminals.
  • The concerned department shall mark the client status as “inactive” or “dormant” in various front office software of CTCL and IML and back office accounting and DP software.
  • After inactive marking, if any orders are received the dealer shall take reasonable steps to identify the identity of the client and to ensure that the orders are received from the same client. The dealer shall use various techniques like call back, asking personal detail questions, last trade date, outstanding positions etc to confirm the identity of the caller. They may use any other technique which is reasonable. In case of a doubt the case shall be referred to the management or concerned Sub-Broker or introducer.
  • Dormant client/ Block client has to update their KYC details at the time of fresh order, if required.


Objective: This policy is framed with the objective of prohibiting the flow of third party funds and unidentified money through pre funded instruments like NEFT/DD/PO/RTGS etc. The objective is to maintain audit trail for such acceptances of such funds and ensure that no third party funds are accepted unless with proper documentary evidences.

Scope: This policy is framed for accepting NEFT/DD/PO/RTGS at This policy covers all such instruments accepted from the clients at. If the aggregate value of pre-funded instruments is ` 50,000/- or more, per day per client, may accept the instruments only if the same are accompanied by the name of the bank account holder and number of the bank account debited for the purpose, duly certified by the issuing bank.

a- The mode of certification may include the following:

  • Certificate from the issuing bank on its letterhead or on a plain paper with the seal of the issuing bank.
  • Certified copy of the requisition slip (portion which is retained by the bank) to issue the instrument.
  • Certified copy of the passbook/bank statement for the account debited to issue the instrument.
  • Authentication of the bank account-number debited and name of the account holder by the issuing bank on the reverse of the instrument.

b- Maintain an audit trail of the funds received through electronic fund transfers to ensure that the funds are received from their clients only. The accounts staff at is responsible for ensuring the compliance and would maintain the relevant documentary evidence for the same which would be produced before the regulatory authorities whenever required. The compliance officer would periodically review this policy and would ensure its compliance along with the accounts department. For Securities Private Limited.