IND NSD e-PASS Portal Enhancements

Updated on: Apr 21, 2025

Latest Event


  • Apr. 2025 Submission of Charge Structure
  • On Apr. 16, 2025, IND NSD enhanced the module for mandatory submission of BSDA tariff scheme, and separately disclosing NSD and DP charges in the tariff scheme.
  • Detailed steps for submission, features of updated module are provided in annexure A.
  • Existing maker/checker users can access the new features with their current login.
  • Document dated Apr. 16, 2025, received from IND NSD Apr. 17, summarized Apr. 21.

On Feb. 13, IND NSD made enhancements on filing charge structure.

  • IND NSD enhanced its e-PASS portal functionality for submitting charge structures.
  • Follows IND NSD Apr. 2023 formed online charge structure facility, see #168800.
  • Portal Enhancements
  • Added capability to submit subsequent changes to charge structures through addition, deletion, or modification; in addition, introduced feature to capture billing cycle details.
  • Plus, added functionality for basic services demat account tariff charges submission.
  • Submission Process
  • Maker users must submit charge structures through e-PASS portal by Apr. 30 annually.
  • System auto-displays all depository participant (DP) IDs for those with multiple DPM setups; users can select specific DP IDs when charge structures differ across DPs.
  • Maker-Checker Workflow
  • Maker submits charge details and billing cycle information for checker review; system generates unique file reference number for tracking; checker can either approve submission to IND NSD or return to maker with comments; maker cannot modify.
  • Namely, cannot modify submitted report without checker returning it; finally, the checker must provide a mandatory reason when returning reports to the maker.
  • Effectiveness
  • Process requires completion of submissions by Apr. 30 each year.
  • Apr. 2025 Submission of Charge Structure
  • On Apr. 16, 2025, IND NSD enhanced the module for mandatory submission of BSDA tariff scheme, and separately disclosing NSD and DP charges in the tariff scheme.
  • Detailed steps for submission, features of updated module are provided in annexure A.
  • Existing maker/checker users can access the new features with their current login.
  • Document dated Apr. 16, 2025, received from IND NSD Apr. 17, summarized Apr. 21.
Regulators
IND NSD
Entity Types
B/D; Depo; Exch
Reference
Cir NSDL/POLICY/2025/0052, 4/16/2025; Cir NSDL/POLICY/2025/0020, 2/13/2025
Functions
Compliance; Financial; Reporting; Treasury
Countries
India
Category
State
N/A
Products
Clearing; Custody; Securities
Rule Type
Final
Regions
AP
Rule Date
Feb 13, 2025
Effective Date
Apr 30, 2025
Rule ID
243600
Linked to
Reg. Last Update
Apr 16, 2025
Report Section
International