Monthly settlement is the process where Samco transfers your unused trading account funds back to your registered bank account once a month. This happens automatically on the first Friday of every month , you do not need to raise a request. The funds transferred are those not blocked as margins […]
Why were my funds withdrawn and credited to my bank account even though I didn’t place a request?
This is your running account settlement, not an unauthorised transaction. As per SEBI regulations, brokers are required to transfer any unused funds from your trading account back to your registered bank account at regular intervals. Samco does this automatically on a scheduled basis, either monthly or quarterly depending on your […]
Where Can I See the List of My Referrals Till Date?
You can track all your referrals on Samco Star, the back office platform. Log in to Samco Star and navigate to the referral section. You’ll find a complete list of every friend you’ve referred, along with the current status of each referral – whether their account has been opened, whether […]
What Are the Conditions to Be Eligible for Referral Benefits?
Any Samco customer can refer a friend whether your account is active or you haven’t logged in for a while. However, to receive the referral reward, you need to have placed at least one trade in the last 365 days. If your account has had no trading activity in that […]
How Can I Refer a Friend to Samco?
Referring a friend on Samco takes just a couple of minutes. Here’s the full process. Step 1 – Get your referral link Open the Samco app or log in on the website. Head to the referral section on the dashboard. You’ll find your unique referral link there. Step 2 – […]
What Are the Referral Benefits at Samco?
If you’re an existing Samco customer, you can earn gift vouchers simply by referring friends to open their demat account with Samco. At the same time, your friend gets to start their investment journey without paying any account opening charges. What you get When your friend opens a Samco account […]
How Do I Know If a Corporate Action Is Mandatory or Optional?
Every corporate action is classified as either mandatory or voluntary and the company discloses this when it makes the announcement. Mandatory – Dividends, bonus issues, stock splits, and mergers. Applied automatically to all eligible shareholders on the record date. No action needed from your end. Voluntary – Rights issues and […]
How Are Fractional Shares Handled in Corporate Actions?
Fractional shares arise when a corporate action results in a non-whole number of shares being due to a shareholder. Since DEMAT accounts can only hold whole shares, fractional entitlements cannot be credited directly. This typically happens in: Bonus issues Stock splits Mergers Spin-offs For example, if a company announces a […]
What Is Delisting and How Does It Impact My Shares?
Delisting is when a company’s shares are removed from the stock exchange and are no longer available for public trading. Once delisted, you cannot buy or sell the shares on the exchange. There are two types: Voluntary delisting – The promoter decides to take the company private. A structured exit […]
What Is an IPO and FPO?
An IPO (Initial Public Offering) is when a company offers its shares to the public for the first time and gets listed on a stock exchange. Before an IPO, the company’s shares are not available for public trading. An FPO (Follow-on Public Offer) is when an already listed company issues […]
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