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Terms & Conditions

TERMS & CONDITIONS

Ohm Securities

This page contains important information regarding the terms and conditions applicable to your trading and demat account with Ohm Securities Pvt. Ltd. (hereinafter referred to as “Ohm Securities”). Ohm Securities is a Trading Member of NSE and BSE, registered with the Securities & Exchange Board of India (“SEBI”) and having Registration No. INZ000167114 Access to your account and usage of Ohm Securities’ platforms are subject to your compliance with all terms mentioned herein, read together with all other documents signed during account opening. Please read this document carefully and retain it for future reference.

The website is owned and operated by Ohm Securities Pvt. Ltd., a company incorporated under the Companies Act, having CIN: U65990WB2022PL125634

Please note that the information contained herein is subject to change without prior notice.

1. General Terms & Conditions

  1. Before availing of online trading services, the Client must complete the registration process as prescribed.
  2. All investment decisions shall be based solely on the Client’s independent judgment. Ohm Securities shall not be held responsible for any loss incurred due to reliance on information, research, or advice published anywhere by Ohm Securities, its employees, agents, or associated entities.
  3. The Client acknowledges that employees of Ohm Securities are not authorized to provide investment advice. The Client must seek professional advice independently.

 

2. Security Precautions & Password

  1. Ohm Securities will provide a Client ID, Username, Login Password, and require a Two-Factor Authentication (2FA) to access the trading platform.
  2. 2FA will consist of:
    • Client-set 6-digit PIN OR
    • Authentication through apps such as Google Authenticator/Microsoft Authenticator
    • This requirement is mandated as per SEBI & Exchange guidelines.
  3. The Client is solely responsible for maintaining confidentiality of all login credentials. Any transaction placed using the Client’s credentials shall be considered valid.
  4. The Client must notify Ohm Securities immediately in case of:
    • Unauthorized access
    • Security breach
    • Compromised password
  5. For Call & Trade, Clients must verify identity using the last 4 digits of Client ID and their personalized Telephone Code.


3. Orders

  1. All orders placed through Ohm Securities’ Online Trading System shall be deemed to be placed by the Client.
  2. Ohm Securities may impose exposure limits, scrip-wise limits, turnover limits, or other controls depending on risk assessment.
  3. Ohm Securities reserves the right to:
    • Reject orders
    • Restrict trading
    • Cancel pending orders
      without prior notice.
  4. Ohm Securities is not liable for delays, technical failures, or exchange-related disruptions.


4. Online Account Opening

  1. Online AADHAAR-based account opening is available only for resident individuals.
  2. KYC information fetched through Aadhaar-based KYC cannot be modified.
  3. Document pickup services may depend on availability.


5. Trading, Settlement & Accounts

  1. Orders placed online are automatically routed to the Exchange.
  2. Trade confirmations will be sent via email or SMS.
  3. The Client must report any discrepancy in contract notes within 24 hours.
  4. Ohm Securities is not responsible for late exchange reports or delays in transmission.
  5. Ohm Securities may allow or disallow trading in any security at its discretion.
  6. Contract notes will be issued digitally as per SEBI regulations.


6. Margin

  1. The Client agrees to maintain requisite margins in the form of cash or approved securities.
  2. Ohm Securities may demand higher margins than Exchange requirements.
  3. Ohm Securities has the right to:
    • Sell securities
    • Adjust margins
    • Close positions
      without prior notice in case of shortfall.
  4. Margin deposits are non-interest-bearing.


7. Maintenance of Trading Account

  1. Payments to Ohm Securities must be made from the Client’s own bank account.
  2. Payments from third-party accounts will not be accepted.
  3. Securities sold must be delivered within the stipulated time; losses arising from late delivery shall be borne by the Client.
  4. Ohm Securities may credit securities directly to Client’s demat account or maintain them on a running account basis.


8. Representations & Warranties

  1. The Client confirms that all information provided is accurate, including PAN and KYC details.
  2. The Client understands the risks of online trading, including system failures, connectivity issues, and external disruptions.
  3. Ohm Securities does not guarantee uninterrupted access to its online platforms.


9. Fees & Brokerage

  1. The Client agrees to pay brokerage, fees, taxes, and other charges applicable as per Ohm Securities’ Schedule of Charges.
  2. Charges are subject to change with prior intimation through SMS/email.
  3. Updated charges are available on the Ohm Securities website.


10. Programmes & Initiatives

Ohm Securities may launch promotional, educational, or referral programs. Participation is voluntary and subject to terms set by Ohm Securities. The company reserves the right to modify or withdraw any program without notice.


11. Miscellaneous

  1. The service is provided on an “as is” basis without any warranties.
  2. Ohm Securities shall not be liable for delays due to system failures, exchange issues, or factors beyond its control.
  3. Modifications to these terms may be made at Ohm Securities’ discretion.


12. Indemnity

The Client agrees to indemnify Ohm Securities against loss, claims, or damages arising from:

  • Misuse of login credentials
  • Breach of terms
  • Unauthorized transactions
  • Death/insolvency situations


13. Force Majeure

Ohm Securities is not responsible for delays or defaults caused by events beyond control including:

  • Market volatility
  • Suspension of trading
  • Natural disasters
  • System failures
  • Government actions


14. Severability

If any provision of this Agreement becomes illegal or unenforceable, the remaining provisions will remain valid.


15. Investor Redressal Mechanism

Clients may report grievances through: info@ohmsec.in

All complaints are monitored by the Compliance Officer and addressed promptly. No cash/cheque collections are permitted at branches to ensure proper accounting and audit trails.


16. Notice

All communications may be sent via:

  • Hand delivery
  • Post/registered post
  • Email
  • SMS
  • Newspaper publication
  • Affixing notice at last known address


A notice returned as unclaimed/refused shall be treated as duly delivered.