39 out of 50 Broker Houses implement complete bank integration; remaining broker houses to duly implement the same
Fri, Jul 12, 2019 11:38 AM on External Media, Latest, Stock Market,
The second phase of bank integration had been implemented since Asadh 22, 2076. Earlier, only payment for the purchase of shares could be made using the online payment system. However, in the second phase, both the payment for sale and purchase can be received/paid using the online payment system directly from the bank account. Currently only 39 out of 50 broker houses have made this service available.
This service is available after the respective broker links the bank account of the investors with Connect IPS by Nepal Clearing House. The following 39 broker houses provide the service of complete bank integration:
|
S. No. |
Broker Name |
Broker No. |
|---|---|---|
|
1 |
Kumari Securities Pvt. Limited |
1 |
|
2 |
Arun Securities Pvt. Limited |
3 |
|
3 |
Agrawal Securities Pvt. Limited |
6 |
|
4 |
Ashutosh Brokerage & Securities Pvt. Limited |
8 |
|
5 |
Malla & Malla Stock Broking Company Pvt. Limited |
11 |
|
6 |
Nepal Stock House Pvt. Limited |
14 |
|
7 |
Primo Securities Pvt. Limited |
16 |
|
8 |
ABC Securities Pvt. Limited |
17 |
|
9 |
Sipla Securities Pvt. Limited |
20 |
|
10 |
Midas Stock Broking Company Pvt. Limited |
21 |
|
11 |
Siprabi Securities Pvt. Limited |
22 |
|
12 |
Sweta Securities Pvt. Limited |
25 |
|
13 |
Shree Krishna Securities Limited |
28 |
|
14 |
Trishul Securities And Investment Limited |
29 |
|
15 |
Premier Securites Company Limited |
32 |
|
16 |
Dakshinkali Investment Securities Pvt.Limited |
33 |
|
17 |
Vision Securities Pvt.Limited |
34 |
|
18 |
Kohinoor Investment and Securities Pvt.Ltd |
35 |
|
19 |
Swarnalaxmi Securities Pvt.Limited |
37 |
|
20 |
Dipshika Dhitopatra Karobar Co. Pvt.Limited |
38 |
|
21 |
Sumeru Securities Pvt.Limited |
39 |
|
22 |
Creative Securities Pvt.Limited |
40 |
|
23 |
Linch Stock Market Limited |
41 |
|
24 |
Sani Securities Company Limited |
42 |
|
25 |
South Asian Bulls Pvt.Limited |
43 |
|
26 |
Dynamic Money Managers Securities Pvt.Ltd |
44 |
|
27 |
Imperial Securities Co .Pvt.Limited |
45 |
|
28 |
Kalika Securities Pvt.Limited |
46 |
|
29 |
Neev Securities Pvt.Ltd |
47 |
|
30 |
Trishakti Securities Public Limited |
48 |
|
31 |
Online Securities Pvt.Ltd |
49 |
|
32 |
Crystal Kanchenjunga Securities Pvt.Ltd |
50 |
|
33 |
Oxford Securities Pvt.Ltd |
51 |
|
34 |
Sundhara Securities Limited |
52 |
|
35 |
Investment Management Nepal Pvt. Ltd. |
53 |
|
36 |
Bhrikuti Stock Broking Co. Pvt. Ltd. |
55 |
|
37 |
Araya Tara Investment And Securities Pvt. Ltd. |
57 |
|
38 |
Naasa Securities Co. Ltd. |
58 |
|
39 |
Deevyaa Securities & Stock House Pvt. Ltd |
59 |
The remaining broker houses only provide service of purchase of securities through online payment services. As per the Chairman of Broker Association, Mr. Bharat Ranabhat, other broker houses will soon implement the second phase of bank integration. Brokers are required to settle the transaction within one day of the trade.
