IDBICapital is dedicated to provide the Client the comfort and confidence so that
we can serve your needs better. In that effort, we respect and protect the privacy
of those who visit or use our Portal. These provisions apply to all existing customers
and prospective customers. However in case of customers who are no more active/deactivated
the provisions as applicable till the time they were active would be applicable.
IDBICapital has taken all necessary measures to protect the confidentiality of the
information and their transmission under the Portal and it shall not be held liable
for disclosure of the confidential information, unless gross negligence is established
on the part of IDBICapital.
The Client authorizes that information so furnished to IDBICapital by accessing
the Portal, the same shall be used for, among other things, customer verification,
provision of products and services, for personalization of products or services,
marketing or promotion of financial services or related products or for creation
of statistical information, statistical analysis or credit scoring, enforcement
of your obligations, or that of our associates and affiliates, which will in turn
help us provide you a better quality of service. However, you are free to volunteer
any other information that you feel we should know, but the security and confidentiality
as per this policy is guaranteed only to the information that we may directly ask
The Portal may provide links to third party websites in the process of conducting
the portal trading business. IDBICapital shall not be responsible for the information
collected on such linked websites of third parties and for any actions arising thereof.
IDBICapital undertakes not to disclose the information provided by the Client to
any person, unless acting under good faith that such action is necessary to:
IDBICapitals’ limitation of liability:
IDBICapital shall not be liable for any inaccuracy, error or delay in or omission
IDBICapital further undertakes:
Events of default and termination:
Following are the list of events that constitutes an event of default which may
lead to termination of the portal service:
In the alternative the Client may terminate the portal services by giving one months
written notice and the same shall effect on IDBICapital communicating its consent
in writing. Such termination shall be without prejudice to the execution of all
outstanding transactions entered into between the parties and IDBICapital shall
be entitled to receive all fees, other monies 67 becoming due on date of such termination.
However, IDBICapital reserves its right to interrupt, suspend or terminate, at any
time, without specifying any reason, the access of the Client to the portal services
by serving the appropriate notice of the same on best effort basis without assigning
any reason and without being liable for any loss/damages/cost of any nature whatsoever
to the Client. The closure/ freezing of the accounts with IDBICapital shall be exercised
only if there are no obligations pending to be met by the Client towards either
IDBICapital and/or Affiliates.
The Client agrees that the proprietary and intellectual property rights pertaining
to the portal transaction are solely the property of IDBICapital and any infringements
upon any copyright, trademark or other contractual, statutory or common law rights
shall be taken up to the fullest extent of law including the seeking of criminal
prosecution. The Client agrees and acknowledges that the software underlying the
services as well as other internet related software which are required for accessing
service are the legal property of the respective vendors. The permission given by
IDBICapital to access the services shall not convey any patent, copyright and licence,
proprietary or ownership rights or other intellectual property rights in the above
IDBI CAPITAL MARKETS & SECURITIES LTD. (IDBI Capital), a wholly owned subsidiary of IDBI Bank Ltd., is a fully integrated financial services provider catering to the needs of retail, institutional and corporate clients. Incorporated in December 1993, today it has a net-worth of around INR 3 billion and employs over 200 employees in 12 branches, spread over 12 cities across India.
The Retail Broking & Distribution division of IDBI Capital offers online trading in Equities, F&O, Mutual Funds and IPOs, through the investing portal, www.idbidirect.in. We also distribute various Third Party Products, like Fixed Income Products, Mutual Funds, etc. We are amongst the top 10 MF distributors in India.