LEDGER BALANCE CONFIRMATION

Date:
To,
KARVY COMTRADE LTD
46, AVENUE 4, STREET NO.1
BANJARA HILLS
HYDERABAD 500034
Name of the Branch:..
Reg: My trading account no:
Dear Sir,
I hereby confirm that I have the following balance outstanding in my trading account no:
Particulars
Amount [In Rs.]
*MCX Ledger Balance
*NCDEX Ledger Balance
*Total [as on.]
*The amount shall vary depending upon the price change in your open position/s.
I also agreed upon and confirm that all the trades done in the above account are within my
knowledge and binding on me. I confirm that I have been receiving the contract notes and all other
document / communication like ledger balance / SMS etc., from KARVY on regular basis.
I also undertake to pay MTM (mark to market) loss, if any, and the exchange prescribed margin as
required to be paid and/or whenever demanded by KARVY. In case of non-payment of MTM and
the exchange prescribed margin on time, KARVY may square off my position at my risk and
responsibility and I shall be liable to pay the amount due to the KARVY.
Regards,
Clients Name:
Clients Signature:______________________
[Note: Only Authorised person should sign and affix the stamp in case of Proprietorship/HUF/
Partnership firm/Company.]