Yogesh Salvi - Support | Samco

How do I login into Web Samco

Yogesh Salvi — Tue, 24 Nov 2020 12:00:37 +0000

Web Samco is a trading platform provided only to Samco customers where they can trade and get an overview of market trending feeds. It works as a complete frontend where one can view their Watchlists, Orders, positions, funds, charts, holdings, etc.
If you don’t have Samco Demat and Trading account then please click here to open an account with Samco.
After you open an account with Samco. You can get your Trading User ID from the Welcome Email sent by SAMCO. Mail would be from the mail id: noreply@samco.in.
Please follow the below steps to log-in to the Web Samco trading platform.
Step 1. Login to Web Samco using the following link: web.samco.in

Step 2. Click on the “Login” Button

Step 3. Enter your User ID and password given in the welcome letter with your Year of Birth, and click on Secure Login.

Step 4. When you login for the first time you are required to set the answers for 2 Factor Authentication (2FA) questions. Answer any 5 of the 2FA questions and click on Save.

Step 5. After answering the 2FA questions, you would be asked to reset your Login. Kindly reset the password according to your liking.

Note:-

Password should be at least 6 characters and maximum 12 characters.
Password should not be the same as your User/Login ID.
Password should not be the same as your last 3 passwords.
For extra safety, it is recommended that you use a special character in the password.
Three consecutive wrong attempts block your Samco Trading account. To unblock your account just click on “Help” option and Unblock the account by entering your personal details.

If everything is proper you will get the message “Your Password has been successfully changed and the new password will expire in 90 days”

Step 6.Now you would be asked to again login with the new password.

Now you can create a watchlist and start trading with us.
Addition Links;-

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How to add stocks in Web Samco

Yogesh Salvi — Tue, 24 Nov 2020 10:53:43 +0000

Web Samco is a very user-friendly website trading platform that promises to make trading and investing a very simple and easy process.
Adding stocks to your own custom Watchlist is an easy task.
A watchlist is a comprehensive table of your favorite company’s stocks. You can view the stock rates, their daily gains, and other key metrics on a single screen.
Click on the Search Icon at the top of the watchlist to open the search screen. You can select any one of the markets like Equity, Currency, or Commodity and select the segments like Cash, Future, or Options.

Here, one can search by typing the name, symbol, or script code of the security. For e.g. if you wish to add ITC, you can do so by typing either the Symbol as “SBIN”, or by name as “State Bank of India”, or BSE Code “500112”.

To change the exchange segment in the equity shares, click on the NSE and you able to see to option select BSE or NSE.

You can add multiple symbols selected from different segments at a time. For e.g. If you wish to add Reliance shares and Reliance future, search Reliance in Cash & select the script. Now, by selecting “Futures” from the options, type RELIANCE, and select the future contract. Likewise, you can search and select as many symbols as you want. Post selection, click on “Added symbol” (beneath the Equity tab) then click on the number displayed beside it. All the selected symbols would be added in one go after clicking on “Add to Watchlist”

In the next screen, select the watchlist from the drop-down arrow to which you want to add the scrips and click on “Add to Watchlist”. You can also create a New watchlist group of the selected symbols directly by clicking on “New Group”.

For adding the Options contract symbol to the watchlist, follow these steps:
Eg. If you select options and search “Bank nifty” it will drop-down the expiry, strike price, and action (clicking on the blue links). You may take any of the contracts that you prefer.
Furthermore, it will also show the most popular strike price of the bank nifty contract below thus enabling the user to trade in the most-active contracts.

You can also add scrips from the feeds.
Eg. Click on the script name on the note. Next, click on the “+” button on the right-hand side of the price. Now on the corresponding screen, you would be asked to select the Watchlist where you wish to save the script.

Note: You can add a maximum of 30 stock symbols in one watchlist group, but you can create unlimited watchlist groups with different group names.
To know more about Watch l ist settings
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Take the first step towards a secure financial future with Samco – India’s best equity stock broker by opening a 3-in-1 Demat, trading and mutual fund account today!

The post How to add stocks in Web Samco first appeared on Support | Samco.

Refund Process for Funds Transfer through Unlinked Bank

Yogesh Salvi — Tue, 24 Nov 2020 16:17:11 +0000

What do you mean by transactions from unlinked bank?

As per SEBI guidelines, as brokers, we are not permitted to accept funds from any third-party account other than your registered bank account. In case, we receive any third-party payment, we will return the amount back to the bank account.

How to initiate the refund?

Client will have to draft an email to accounts@samco.in with the below details

Client Code*
Amount Transferred*
Bank Name*
Bank Account number*
Bank IFSC code*
Reference number

Please note: Share bank details of the unlinked bank account to initiate refund.

When will be the refund processed?

Client will get the refund within 48-72 working hours after the mail is received at our end.
External links :
How to transfer fund through UPI in Samco App?: https://www.samco.in/knowledge-center/articles/how-to-transfer-fund-through-upi-in-samco-app/
Transferring funds and withdrawal process and policies: https://www.samco.in/fund

Watch this video to understand how to transfer funds

The post Refund Process for Funds Transfer through Unlinked Bank first appeared on Support | Samco.

How to check Holdings in Web Samco

Yogesh Salvi — Tue, 17 Nov 2020 06:50:29 +0000

The Web Samco readily provides your entire holding details on a single interface.
To check holdings in Web Samco, after logging in to the Web Samco platform, click on the Position/Holding tab on the home page of the Web Samco screen.
In the Holding book, you can check Your Portfolio NAV, Total gain loss with the bifurcation of Day PNL, and Total PNL.
You can even directly sell your holdings or enter Stop Loss, or even buy more lots of your open positions without adding it to the watchlist.
With the help of the Filter, you can search your holdings with its value, its price, or quantity.

You may also use the dropdown (Symbol) and select the desired filter to search for your holdings.

If you wish to see your Holding’s Profit and Loss, as per the previous day’s close or the average buying price, then navigate to the Home page, click on User Settings, then on Account Settings.
Under Position Book Settings, select the option you prefer and click on the Save button.

Note: The buying average price shown in Web Samco is according to the FIFO method.

Watch this video to understand How check holdings

Addition Links.

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What is NAV and Where To check NAV in Samco?

Yogesh Salvi — Fri, 13 Nov 2020 11:41:18 +0000

What is NAV?

Net asset value (NAV) is the sum total of the market value of all the shares held in a portfolio, including cash balance.

Where can I check my NAV in Samco?

Step 1: Log in to Samco Back office i.e. star.samco.in

Step 2: On the homepage, you will find Your Assets option. You can view your NAV here (see screenshot).

NAV is a constitution of the following:

Net Option: Net option shows the value of derivative trades done in your Samco account, which includes futures and options positions of equity, currency, and commodity.
Cash available: This tab shows the total cash balance available in the trading account.
Holdings: Holdings shows the value of stocks held in the demat account. The value shown here is based on the closing price of the stocks. For E.g. You might have bought stock at a price of Rs 100/ per share, however, If the closing price of the stock as per NSE website is Rs 80, then Holdings value in NAV will be calculated using Rs 80.
Margin Blocked: Margin blocked shows the amount blocked for carryforward positions bought in the derivatives segment.

The post What is NAV and Where To check NAV in Samco? first appeared on Support | Samco.

What are DP Charges or CDSL charges?

Yogesh Salvi — Mon, 09 Nov 2020 07:25:28 +0000

There are two types of charges under CDSL ledger

Due of Annual maintenance charges (Individual)

First Year: No AMC charges – enjoy a cost-free start to your investment journey.
From Second Year: AMC of ₹400 + 18% GST (total ₹472 annually) applies (Individual).

Due of DP charges

DP Charges (Depository Participant Charges) are compulsory for all sell transactions in your Demat account. These charges are levied by the depository (CDSL).

Charge: ₹15 per ISIN per day + 18% GST
Applies to: All sell transactions, whether shares or ETFs
Flat fee: This is charged once per scrip per day, regardless of how many shares you sell.

The post What are DP Charges or CDSL charges? first appeared on Support | Samco.

How Do I Convert Physical Shares Certificate into Demat Form?

Yogesh Salvi — Fri, 06 Nov 2020 18:35:37 +0000

What is Dematerialization?

Dematerialization is a process through which physical securities such as share certificates and other documents are converted into electronic format and held in a Demat Account.

What is the process of Dematerialization in Samco?

Below is the step by step process to convert physical shares certificate into demat form:

Visit our website i.e. samco.in.
Under the Utilities menu, navigate to the Downloads tab.
Find the Forms for Demat Account menu.
Download the Dematerialization Request Form (DRF form).
Fill the details like demat account number, physical shares details, etc.
Sign the DRF (Dematerialization Request form) in the Signature with DP and Signature with RTA/Issuer fields, and also mention the Client ID (If It is a joint account, then both the holders need to sign).
Submit the original share certificates along with the DRFs (Keep a photocopy of the same with you) and a self-attested copy of your PAN.

Courier the above documents to the following address
SAMCO Securities Limited
1004 – A, 10th Floor, Naman Midtown – A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai – 400 013, Maharashtra, India.

What are the charges for dematerialization?

You will be charged Rs 10 per certificate plus Rs 50 per request towards postal charges. Refer to the link for more information on charges. Charge List Demat
Important note:

The name on the share certificate should match the name on the Demat account. In the case of name mismatch, submit a gazette letter or an affidavit on Govt. Stamp paper stating that name on the share certificate and name in the demat account are of the same individual. If you have shares of more than 1 company then you need to give us the notarized copies of the affidavit/gazette for all the companies.
If the share certificates are held by a single holder, it can’t be dematerialized into a joint demat account. If the share certificates are jointly held, the shares have to be dematerialized into a joint demat account with the same names as on the share certificate.

Some of the disadvantages of trading or holding shares using physical share certificates are listed below:

Need to be locked and stored safely as physical share certificates are exposed to the risk of theft and loss. Share certificates can also suffer from wear and tear damages etc.
Transactions using physical share certificate are time-consuming and tedious involving multiple steps which need to be undertaken, whereas transaction of shares in Dematerialised form can be completed in a matter of seconds.
Any transaction involving a physical share certificate attracts stamp duty payments whereas share transactions using dematerialized shares do not attract any stamp duty payment/liability/expenses.

The post How Do I Convert Physical Shares Certificate into Demat Form? first appeared on Support | Samco.