• Home
  • /
  • Clearing Services

Clearing Banks

As per the Regulations of NCDEX, all Members of the Exchange are required to open their bank accounts (for settlement and for exchange dues) with the designated banks herein after referred to as "clearing banks". The accounts are to be named as "Member name - Settlement A/c" and "Member name - Exchange dues A/c". NCDEX has already finalized the appointment of following banks as clearing banks with which members may open the bank accounts for the purpose:
Address:
Axis House, 8th Floor,
Wadia International Center, Pandurang Budhkar Marg
Worli, Mumbai- 400025
Mr. Chetan Shah,
Senior Vice President,
Contact No.: 43255807, Mobile: 9820215799,
Email Id: chetan1.shah@axisbank.com
Mr. Dipesh Shroff,
Dy. Vice President
Contact No.: 43255868, Mobile: 9820152262
Email Id: dipesh.shroff@axisbank.com
Contact Persons:
Capital Market Division,
Jeevan Prakash Building,
Sir P M Road, Fort, Mumbai - 400 001
Contact No.: 022 - 40867540
Fax- 40867541/42
Mr. Ketan Dani
Vice President
Contact No.: 022 40867501/02
Mobile: 9820587381
Email Id: ketan.dani@axisbank.com
Mr. Deepak Gokhe
Assistant Vice President
Contact No.: 022 40867510/11
Mobile: 9820825867
Email Id: deepak.gokhe@axisbank.com
Address
Bank of India, Stock Exchange Building, Ground Floor, Dalal Street, Fort, Mumbai 400 001. Contact No. : 022 22721787/ 22722396, Fax No : 022 2272 1782/88
Contact Persons:
Mr. Vijay Kumar Jaiswal,
Chief Manager
Contact No: +91 22 2272 2396 / 2272 1787
Email Id : stockexchange.mumbaisouth@bankofindia.co.in
Mr. Binod Kumar Sinha,
Manager
Contact No: +91 22 2272 2396 / 2272 1787
Email Id : stockexchange.mumbaisouth@bankofindia.co.in
Address:
Corresponding Address: Stock & Commodity Exchange Branch, ATLANTA BUILDING 115, 11th Floor, Nariman Point 400021. Office Land line No. -: 022 - 22023166 / 22023167 / 2202 3171
Help Desk Mail Id: cb2426@canarabank.com, managercb2426@canarabank.com
Contact Persons:
Mr. Sharad Kumar sinha, Manager, Contact No : 022-22023171, Mob: 8450979860, Email Id :managercb2426@canarabank.com
Address:
HDFC Bank Ltd., Zenith House, 2nd Floor, Opp Mahalaxmi Race Course, K.K Road, Mumbai - 400034
Contact Persons:
Mr. Urvinder Singh,
HDFC Bank Ltd., Zenith House, 2nd Floor,
Opp Mahalaxmi Race Course,
K.K Road, Mumbai - 400034, Contact No.: - 02239760532 / 9321958230
Email Id: urvinder.singh@hdfcbank.com
Mr. Charudutt Gokral, Capital Markets
HDFC Bank Ltd.,
Zenith House, 2nd Floor,
Opp Mahalaxmi Race Course,
K.K Road, Mumbai - 400034
Mob: +91-9892500890
Mr Rahul Sampat
HDFC Bank Ltd.,
Zenith House, 2nd Floor,
Opp Mahalaxmi Race Course,
K.K Road, Mumbai - 400034
Contact No.: - 39760541 / 9322409002
Email Id: rahul.sampat@hdfcbank.com
Address:
Capital Market Division, 1st Floor, 122, Mistry Bhavan, Dinshaw Vachha Road, Backbay Reclamation,Churchgate, Mumbai 400 020. Office Landline Nos : 022-22859900/ 913/914, Office Fax No : 022-2266818866
Contact Persons:
Mr. Manish Jain
Head - Capital Markets Group
Mobile : +919820571141
Tel : 022 2653 6505 / 022 66818901
Mr. Chinmay Naralkar
Asst General Manager
Mobile : +918879769395
Tel :022 26536444 or 022 66818905
Ms. Jyotsna Mulla
Relationship Manager
Mobile : +91 99300 62707
Tel : +91 22 6681 8912
Mr. Sanket Mulye
Chief Manager
Mobile: +91 9820963498
Tel: +91 22 66818930
Ms. Jayashree K
Head - Operations
Mobile : +91 74000 86991
Tel : +91 22 6667 2005
Fax No. : 022 2261 1138
Mr. Kiran Hejmadi
Chief Manager – Operations
Tel : +91 22 6667 2018
Mobile : +919930061446
Address:
Corresponding Address : PNA House Office, 5th Floor, PNA House Plot No. 57 571 Street No.17 MIDC, Andheri East, Mumbai 400 093 Office Land line No.: For Exchange operations - 022 – 61069316/18/ 20 / 21 / 89 / 92, 61069412 /13 / 15
Fax number 61069414
Contact Persons:
Mr. Dharmendra Jakhodia, VP, Contact No.:022 – 6636 6579 / 9820189141,
Email Id : dharmendra.jakhodia@indusind.com
Mr. Chetan Mehta - Head – Exchange Clearing Cell / Mr. Kaushik Chatterjee – AVP – Exchange Clearing cell Contact No. : Kaushik Chatterjee - 022 61069318 / 9920209335
Chetan Mehta – 02261069400/9867173443
Email Id : chetan.mehta@indusind.com, chatterjee.kaushik@indusind.com
Address:
Financial Institutions Group 27 BKC, 3rd Floor Plot No. C-27, G Block Bandra Kurla Complex Bandra (E),Mumbai Maharashtra – 400 051
Office Landline No. : 91-22-61660321 Help Desk Mail Id : clgbank@kotak.com Office Fax No. : 91-22-67259065
Contact Persons:
Vikash Chandak - Sr Vice President
Contact No. : 022- 61660363 / 9820810073
Email Id : vikash.chandak@kotak.com
Manoj Gupta - Assistant Vice President
Contact No. : 022-61660367/ 7678042555
Email Id : manojkumar.gupta1@kotak.com
Address:
Baba House, Plot No 237 Gr Flr. 27th Road,Off Linking Road, Bandra (w) Mumbai - 400050 Office Landline Nos :022-26415729, 022-26558465, 022-26420456
Help Desk Email Id: bo0082@pnb.co.in, pnbbandra@gmail.com
Contact Persons:
Mr. Sanjeev Makkar- Asst Gen Manager
Contact No.: 843986601/9717920107/ 022 - 26420456
Email Id: bo0082@pnb.co.in, pnnbbadra@gmail.com
Mrs. Sneha Bedagkar- Commodity Clearing Officer
Contact No. : 022-26415729/26426174
Email Id: bo0082@pnb.co.in, pnnbbadra@gmail.com
Ms. Jyotsana- Commodity Clearing Officer
Contact No.: 7391960005 / 022-26415729/26426174
Email Id: bo0082@pnb.co.in, pnnbbadra@gmail.com
Address
Corresponding Address : 92, Hemprakash Building, Ground floor, Kasi Syed Street, Mandvi, Mumbai - 400003. Help Desk Mail Id : mumbai_mandvi@tmbank.in
Contact Persons:
Mr.M.Prabaharan
Chief Manager
Contact No. : 022- 23413140/ 23415623/23428989/ 23401205/ 9821717744
Email Id : mumbai_mandvi@tmbank.in
Fax : 022-23401667
J.Arul Selvam Rajasekar
Assistant Manager
Contact No. : 022-23413140/23415623/23401205/23428989/6383681150
Email Id : mumbai_mandvi@tmbank.in
Fax : 022-23401667
Address:
Corresponding Address : Capital Markets Cell, Mumbai Samachar Marg Branch, 66/80 Mumbai Samachar Marg, Fort, Mumbai 400 023.
Office Landline No. : 022-22629332 / 9333 / 9334 / 9335
Contact Persons:
Saurav Das
Assistant Manager
Contact No. : 022-22629332 / 7045074909
EMail Id: kashyapcmcmsm@unionbankofindia.com
Shambhu Majhi
Assistant Manager
Contact No. : 022-22629332/ 8709795852
EMail Id : kashyapcmcmsm@unionbankofindia.com Fax : 022-22670107
Surajit Senapati
Assistant Manager
Contact No. : 022-22629332/6002968436
EMail Id : kashyapcmcmsm@unionbankofindia.com
G MADHU
Manager
Contact No. : 022-22629333 / 8309865640
EMail Id : GMadhu@unionbankofindia.com
Fax : 022-23401667
Jaya Gadekar
Senior Manager
Contact No. : 022-22629332 / 9930835216
EMail Id : Jaya.gadekar@unionbankofindia.com
G L Kundelwal
AGM
Contact No. : 022-22629302 / 9099931665
EMail Id : glkundalwal@unionbankofindia.com
Address:
Corresponding Address : 24th Floor, Indiabulls Finance Centre, Tower 2, Senapati Bapat Marg, Elphistone (West), Mumbai - 400 013.
Office Landline No. : 022 – 3366 9000 Help Desk Mail Id : contactus@yesbank.in Office Fax No. : 022-24214513
Contact Persons:
Mrs. Meeta Bhalerao AVP – Indian Financial Institutions Banking Contact No. : 022 – 3347 9045 Email Id : meeta.bhalerao@yesbank.in Fax : 022-24214513

Disclaimer for Clearing Banks empanelled with NCDEX

Members of the Exchange are hereby informed that before selecting and or appointing any of the Clearing Banks from the list of Clearing Banks empanelled by the Exchange, they may have their due diligence done about the Bank they wish to select and / or appoint for clearing and settlement of the transactions done by them on the Exchange. The list only indicates the Banks who have established connectivity and network with the Exchange and have the necessary infrastructure required to facilitate the clearing and settlement of transactions of the members on the Exchange. In the event of any negligence in providing services and or failure to provide services by any Clearing Bank or any other dispute arising between the member and the Clearing Bank, the Exchange shall not be responsible and / or liable for the same.