home

policies

inactive clients

Client account will be considered as inactive if the client dose not trade for period of one year. Calculation will be done at the beginning of every month and those clients who have not traded even a single time will be considered as inactive, the shares/credit ledger balance if any will be transferred to the client within one week of the identifying the client as inactive. The client has to make written request for reactivation of their account.

client information

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

password policy

overview

Passwords are often the weakest link in securing data due to the creation and use of weak passwords, the creation of automated password cracking programs, and the activities of malicious hackers and spammers. This policy provides guidance on creating and using passwords in ways that maximize password and information security.

purpose

The purpose of this policy is to establish a standard for creation of strong passwords. The purpose of this policy is to provide guidance to authorized users regarding passwords in order to protect individual information and resources.

scope

This policy applies to anyone, who has or is responsible for an account accessing systems at Basan Equity Broking Pvt Ltd data and includes trading and accounts and resources

general policy

New passwords will have to have these characteristics

  • Password shall be minimum 6 and maximum 8 characters long.
  • Include at least one numeric (0 - 9) character.
  • Include at least one alphabet [Lowercase English letters, (a to z) or Uppercase English letters, (A to Z)]
  • Here we are using SSL security with 128 bit encryption, for server access through Internet.
  • Passwords are stored in the database in encrypted format.
  • System also mandated changing of password when the user logs in for the first time.
  • System automatically disables the user on entering erroneous password on three consecutive occasions.
  • System controls to ensure that the changed password cannot be the same as of the last three passwords.
  • System also controls to ensure that the Log in ID of the User and password should not be same.

Password Security Policy

  • Password will automatically expire on every 14th day.
  • To prevent unauthorized access on the trading terminal it gets locked automatically if unused for five minutes.

Guidelines to make your password unique

Your password is the key to your online account. A weak password may give an unauthorized person to access not only to your Account, but to the entire network to which your Account is connected.

What makes a password strong?

Everyone should be aware of how to choose strong passwords. The following criteria can help your passwords do so:

Make it lengthy - Each character that you add to your password increases the protection that it provides many times over. An 8 -character password composed only of random letters and numbers is stronger than a 6 -character password composed of characters from the entire keyboard. If you cannot create a password that contains symbols, you need to make it considerably longer to obtain the same degree of protection. Combine letters, numbers, and symbols - The greater variety of characters that you have in your password, the harder it is to guess. Take the first letter of each word of a sentence that you've created to create a new, nonsensical word. Add complexity by mixing uppercase and lowercase letters and numbers.

Use the entire keyboard, not just the most common characters. Symbols typed by holding down the "Shift" key and typing a number are very common in passwords. You can use symbols that look like letters, combine words (remove spaces) and other ways to make the password more complex. Your password will be much stronger if you choose from all the symbols on the keyboard. Have digits and punctuation characters as well as letters e.g., 0-9,!@#$ %^&*()_+|~-=\`{}[]:";'<>?,./) iv.Passwords should never be written down or stored on-line. Try to create passwords that can be easily memorized. Passwords should not be based on personal information, names, surname etc.

Password strategies to avoid

Some common methods used to create passwords are easy to guess. Poor, weak passwords have the following characteristics, Avoid sequences or repeated characters like "12345678," "11111111," "abcdefg," or adjacent letters on your keyboard do not assist to make a secure password.

Do not use Birthdays and other personal information such as street numbers, flat numbers and phone numbers as your password. Avoid your login name. Any part of your name, surname, pets, friends, co-workers, fantasy characters or similar information for your loved ones constitutes a bad password choice.

Any of the above preceded or followed by a numerical digit or special character. The password should not be a word found in a dictionary. Avoid dictionary words in any language. This includes all sorts of words you would not say in front of your children.

Any of the above spelled backwards. Avoid using only look-alike substitutions of numbers or symbols. Criminals and other malicious users who know enough to try and crack your password will not be fooled by common look-alike replacements, such as to replace an 'i' with a '1' or an 'a' with '@' as in "M1cr0$0ft" or "P@ssw0rd" Use more than one password everywhere.

ATTENTION INVESTORS:

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors. Circular No.: NSDL/POLICY/2014/0094, NSC/INSP/27436, BSE - 20140901 -21"

"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

BASAN EQUITY BROKING LIMITED : Corporate Identity Number : U67120TG2007PLC056313. Click here for Registration no's

BASAN COMMODITY LIMITED : Corporate Identity Number : U67120TG2008PLC057632. Click here for Registration no's

BASAN FINANCIAL SERVICES LIMITED : Corporate Identity Number : U65990TG2010PLC071022. Click here for Registration no's

Hit Counts   776