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  MemberShip >  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 hereinafter 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:
Capital Market Division,
Jeevan Prakash Building,
Sir P M Road, Fort,
Mumbai - 400 001

Contact Persons :
Mr. Sunil Sharma
Vice President (Buisness Head)
Contact No.: 022 - 66107250/ 51/ 9869663870
Email Id: sunil.sharma@axisbank.com
Fax: 022 - 66107284/85

Mr. Ketan Dani
Dy Vice President
Contact No.: 022 - 66107263/ 9869574813

Mr. Dipesh Shroff
Asst. Vice President
Contact No.: 022- 66107263/ 9820152262
Fax: 022 - 66107284/ 85
Stock Exchange Building,
Ground Floor,
Dalal Street,
Fort, Mumbai  400 001.
Contact No. : 022 2272 2394/2272 2400
Fax No : 022 2272 1782


Contact Person :
Mr. Salvi,
Email Id : boiagm@vsnl.com
Corresponding Address:
Stock & Commodity Exchange Branch
VARMA CHAMBERS
11, HOMJI STREET,
FORT, MUMBAI 400 001.

Office Land line No. No.: 022-22653156, 22675702, 22658291, 22658291, 22633006
Help Desk Mail Id: mcity2426@canbank.co.in,
                             managermcity2426@canbank.co.in,
                             cmmcity2426@canbank.co.in
Office Fax. No. : 022-22670033, 22675650
Contact persons:
Mr K R P Sarathy, Chief Manager
Contact No.: 022-22693157
Email Id: sarathykrp@canbank.co.in
Fax No.:022-22670033,022-22675650 
Mr Arvind, Senior Manager
Contact No.: 022 22633006
Email Id:managermcity2426@canbank.co.in
Fax No.:022-22675650
Mr V G Mishra, Manager
Contact No.: 022-22702833
Email Id: mcity2426@canbank.co.in Fax No.:022-22670033
Capital & Commodity Market,
301, Delta Plaza, 414,
Veer Savarkar Marg,
Prabhadevi,
Mumbai 400025


Contact person:

Mr. Jigar Shah - Product Manager
Tel Nos: 022 - 66187110
Fax: 022 - 24231520
Email: jigars@dcbl.com
Corresponding Address :
Janmabhoomi Bhavan,
Janmabhoomi Marg, Fort, Mumbai 400001

Contact Persons :
Mr.Niranjan Ketkar
Chief Manager
Contact No: 022-22022535/ 9167390881
E-mail: niranjan.ketkar@dhanbank.co.in
Fax: 022-22871637

Mr.Nilesh Mahadik
Senior Officer
Contact No: 022-22022535/ 9324615564
E-mail: nilesh.mahadik@dhanbank.co.in

Mr.Venkataraghavan T A
Chief Manager
Contact No: 022-61541781/ 9167390839
E-mail: venkataraghavan.ta@dhanbank.co.in
Fax: 022-61541725

Mr.Krishna Gawas
Manager
Contact No: 022 -61541857/ 9167390805
E-mail: krishna.gawas@dhanbank.co.in
Commodity Markets Business,
Trade World, A Wing, 2nd Floor, Kamala Mills,
S B Marg, Lower Parel, Mumbai 400 013.

Contact Persons :-


Mr.Manish Nyati
Process House - 2nd floor ,Kamala Mills Compound ,Senapati Bapat Marg
Lower Parel ( W) ,Mumbai - 400013
Contact No.: - 24988484 . Extension - 3304 /9323092623
Email Id: manish.nyati@hdfcbank.com

Contact Person :-

Mr. Samit Mehta
Trade World - A - Wing , 2nd floor, Kamala Mills Compound ,Senapati Bapat Marg
Lower Parel ( W) ,Mumbai - 400013
Contact No.: - 24988484 . Extension - 3567 / 9323851617
Email Id: samit.mehta@hdfcbank.com

Contact Person :-

Mr.Vaibhav Sardeshpande
Process House - 2nd floor ,Kamala Mills Compound ,Senapati Bapat Marg
Lower Parel ( W) ,Mumbai - 400013
Contact No.: - 24988484 . Extension - 3061 / 9323089779
Email Id: vaibhav.sardeshpande@hdfcbank.com

Contact Person :-

Mr.Shivayogi Kubasad
Process House - 2nd floor ,Kamala Mills Compound ,Senapati Bapat Marg
Lower Parel ( W) ,Mumbai - 400013
Contact No.: - 24988484 . Extension - 3570 / 9323469244
Email Id: shivayogi.kubasad@hdfcbank.com
30, Mumbai Samachar Marg,
Fort, Mumbai  400 001.
Office Landline Nos : 022-66310323 / 306 / 308
Help Desk Email Id:bhakti.p@ext.icicibank.com
Office Fax No : 022-22611138

Contact Persons :

Mr. Shalin Dholakia - Sr. Manager
Contact No.:9930063349
Fax No.:022-22611138

Email Id : bhakti.p@ext.icicibank.com
Mr. Naveen Saini - Chief Manager
Contact No.:9930064143
Fax No.:022-22611138
Email Id : naveen.saini@icicibank.com
Corresponding Address :
Sonawalla Building,
57, Mumbai Samachar Marg,
Fort, Mumbai 400 001.

Office Land line No.:022-66366591/2 Office Fax No.:022-66366590/ 022-22644834
Email Id:nseclg@indusind.com
Contact Persons :
Mr. Pradeep Bhave, SVP & Head - CCMD
Contact No.:022 6634 7722/ 9820550863
Email Id:pradeep.bhave@indusind.com
Contact Persons :
Mr. Yogesh Adke, Dy. Vice President
Contact No.:022 56366589 / 9833670809
Email Id:yogesh.adke@indusind.com
Ground floor, IN G.S. Point,

CST Road, Opp. University Campus,
Kalina, Mumbai, Maharashtra - 400 098.


Contact Persons :
Parag Srivastava - Vice President
Contact No.:022-67595355 / 9833773960
Fax No.:(022) 66944970
Email Id : parag.srivastava@kotak.com

Mujtaba Nasser - Vice President
Contact No.:022-67595356 / 09920755025
Email Id : mujtaba.nasser@kotak.com
Baba House, Plot No 237 Gr Flr.
27th Road, Bandra (w)
Mumbai - 400050

Office Landline Nos :022-26415729
Office Fax No : 022-26420456
Help Desk Email Id:pnbbandra@pnb.co.in

Contact Persons :
Mr. Himanshu Joshi - Asstt Gen Manager
Contact No.:022 - 9869031774/ 022 - 26559539
Fax:022 - 022-26420456
Email Id: pnbbandra@pnb.co.in

Mr. V. S. Panwarl - Sr. Manager
Contact No.:9820188586/ 022 - 26558465

Mr. Sunil Jadhav - Ncdex Operator
Contact No.:9819506950/ 022 - 26415729
Fax No.:022-26420456
Email Id: Suniljadhav59@rediffEmail.com
Forbes Building,
Floor,Charanjit Rai Marg,Fort,
Mumbai-400 001,India

Office Landline Nos: 91-22-2206 2258
Office Fax No :91-22-2206 2670
Help Desk Email Id:Straight2bank.In@sc.com


Contact Persons :

Ashish Kapoor - Associate Director-Transaction Banking- Financial Institutions
Contact No.:91-9870224057
Email Id : ashish.kapoor@sc.com
Fax No. :91-22-2206 2670
Bineet Desai - Associate Director - Financial Institutions, India
Contact No.:91 22 66372357/ 9920554141
Fax No. :91 22 66314166
Email Id : bineetnaresh.desai@sc.com
Corresponding Address :
Capital Market Branch,
Videocon Heritage (Killick House) Charanjit Rai Marg,
Fort Mumbai 400 001.

Office Landline No. : 22094923/ 30
Help Desk Mail Id : sbi.11777@sbi.co.in
Office Fax : 022-22094922

Contact Persons :
Mr. P.N. Raut
Deputy Manager
Contact No. : 9870498672
Email ID :p.raut@sbi.co.in
Fax : 022-22094922

Smt. Vidya Krishnan
Assistant General Manager
Tel No : 022-22094931/ 9821092786
Email Id : vidya.krishnan@sbi.co.inn
Fax : 022-22094921

Mrs. R Padmavati
Deputy Manager
Contact No. : 022- 22094923/ 30
Email Id : rpadmavati@sbi.co.in
Fax : 022-22094922

Mr. R. Chidambaram
Asst. Manager
Contact No. : 022- 22094923/ 22094930
Email Id :sbi.11777@sbi.co.in
Fax : 022-22094922
Corresponding Address :
92, Hemprakash Building,
Ground floor, Kasi Syed Street,
Mandvi, Mumbai - 400003.

Help Desk Mail Id : mumbai_mandvi@tnmbonline.com
Office Fax No. : 022-23401667

Contact Persons :
Mr.G.Martin Chezhian
Assistant General Manager
Contact No. : 022-23415624/ 23413140/ 23415623/ 23428989/ 23401205
Email Id : mumbai_mandvi@tnmbonline.com
Fax : 022-23401667

Mr.T.Dhanaraj,
Assistant Manager
Contact No. : 022-23413140/ 23415623/ 23401205/ 23428989
Email Id : mumbai_mandvi@tnmbonline.com
Fax : 022-23401667
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 :
Mr. M.M.Vaidya,
Dy. General Manager,
Contact No. : 022-22674115
EMail Id : dgmmsm@unionbankofindia.com
Fax : 022-22674135

Mr. R S Majithia,
Asst. General Manager,
Contact No. :022-22670107/ 22672131
EMail Id : cmcmsm@unionbankofindia.com
Fax : 022-22674135

Smt.Vijaya Londhe,
Manager,
Contact No. : 022-22629334/35
EMail Id : vijayalondhe@unionbankofindia.com
Fax : 022-22642742
Corresponding Address :
11th Floor, Nehru Centre,
Discovery of India Building,
Dr A B Road, Worli,
Mumbai 400018.

Help Desk Mail Id : contactus@yesbank.in

Contact persons:
Mr Hemanshi Mehta
Senior Manager - Indian Financial Institutions
Contact No. : 022-66209124
Email Id : Hemanshi.mehta@yesbank.in
Fax : 022-2490 1128
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.