Initiating the Freeze Request

• Contact your Depository Participant (DP) for account freeze procedures.
• Submit a freeze request form as provided by the DP.
• Specify the type of freeze: full, partial, or ISIN-specific.
• Ensure all details in the form are accurately filled.
• Attach required identification documents as per the DP’s guidelines.

Verification and Documentation

• The DP reviews the submitted freeze request.
• Verification of client identity and account details is conducted.
• Supporting documents are checked for completeness.
• Any discrepancies are communicated to the account holder.
• Additional information may be requested if necessary.

Processing the Freeze Request

• The DP processes the freeze as per the request type.
• The freeze can be applied to the entire account or specific securities.
• Instructions are executed through the central depository system.
• The status of the freeze is updated in the depository records.
• Confirmation is sent to the account holder upon completion.

Effects of the Account Freeze

• Transactions such as debit or credit of securities are restricted.
• The account holder cannot initiate buy or sell orders.
• All account operations remain suspended during the freeze period.
• The freeze remains until a written request for unfreezing is received.
• Charges, if applicable, may be levied by the DP for this service.

Unfreezing the Demat Account

• Submit a written request to the DP to unfreeze the account.
• Provide any documents required for verification.
• The DP processes the unfreezing request in the system.
• The account holder receives a confirmation once the freeze is lifted.
• Normal account operations resume after unfreezing.