No, clients who have opted for the TSBA facility will not be allowed to change their primary demat account other than Mirae Asset Sharekhan.

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No, trading limit against sale of shares will not be provided to TSBA registered clients.

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Users can avail the TSBA facility using Mirae Asset Sharekhan mobile app only. In the same way, the de-registration request can also be processed only through Mirae Asset Sharekhan mobile app.

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Users who opt for the TSBA facility can invest exclusively in Equity Cash Segment. No derivatives product or intraday trading is allowed for clients availing the TSBA facility. Order placement will be disallowed for SGB, OFS and Buyback of Shares.

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Funds can be transferred, using other channels, to Mirae Asset Sharekhan, i.e. NEFT / RTGS /Online Transfer will not be utilized for settlement purposes. Clients must create blocks for investment purposes only.

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TSBA is available to clients whose mapped bank accounts with Mirae Asset Sharekhan are enabled with the TSBA facility. Currently, this facility is oƯered only to clients who have accounts with ICICI Bank and HDFC Bank.

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The user can either cancel the existing block or create a new block if he/she wishes to increase the block amount (as per set limit). The user will not be able to reduce the existing block amount. Blocks can be created using the UPI app already installed in the user’s mobile phone.

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The user can create a block of maximum Rs. 5 lakhs in one go. The per-bank account limit for creating blocks is Rs. 15 lakhs on a daily basis.

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The user can create a block of a minimum of Rs. 100.

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The TSBA facility is available to only single-holder individual accounts.

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The facility is typically offered by Qualified Stock Brokers (QSBs) as a non-mandatory option. Investors who want to use this facility need to register with Mirae Asset Sharekhan and initiate the block creation through their mobile app. The block is created using the UPI app, and the clearing corporation (CC) can only debit it.

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The clearing corporation (CC) will directly maintain the investor’s collateral value based on the blocking information received from UPI rails. The block can be partially debited for multiple times until it's exhausted or expires / is released, whichever is earlier.

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