Choice Broking Branch in Ludhiana, Punjab
Tier 2Ludhiana is Punjab's industrial capital, headquarters to Master Trust, and known for active HNI derivatives trading and corporate treasury desks. Complete guide to Choice Broking office address, customer care helpline, Depository Participant operations, offline KYC, and physical share dematerialisation in Ludhiana.
Branch & Service Point Overview
Operational Address & Handling
Local Service Point & Address Details:
Authorized partner service desks and relationship desks across key financial zones in Ludhiana: Ferozepur Road, Mall Road, Civil Lines, Model Town (Postal codes: 141001, 141002, 141003, 141008). For centralized postal operations and DRF submissions, route to corporate operations headquarters: Sunil Patodia Tower, J.B. Nagar, Andheri East, Mumbai 400099.
Local SEBI Regional Office:
SEBI Local Office, Feroze Gandhi Market, Ludhiana 141001
Postal Pincodes: 141001, 141002, 141003, 141008
Demat & Physical Share Processing in Ludhiana
Comprehensive branch support for physical certificate demat, IEPF claims, and name corrections. Under SEBI regulations, all physical share certificates must be converted into demat form before selling on NSE or BSE.
1. Demat Request Form (DRF)
Download Choice Broking DRF in duplicate, fill details of company and certificate numbers, and sign matching your bank/RTA specimen signature.
2. Deface Physical Certificate
Mark certificates with 'Surrendered for Dematerialisation' stamp to prevent misuse during transit from Ludhiana.
3. Dispatch & Credit
Track consignment delivery to central operations. Registrar verifies signature and electronically credits shares into Demat ID 12075800 / IN304279.
Digital e-KYC vs Local Branch Walk-in
Most investors in Ludhiana open accounts online in under 10 minutes. Here is how digital onboarding compares with in-person branch verification:
| Feature | Online Digital e-KYC (Recommended) | Offline Branch Walk-in / Assisted |
|---|---|---|
| Turnaround Time | 5 to 10 minutes (Active within 2 to 4 hours) | 24 to 72 business hours upon paper form verification |
| Required Proofs | Aadhaar OTP via DigiLocker, PAN, canceled cheque / bank statement | Physical photocopies of PAN, Aadhaar, bank proof with original signatures |
| Suitable For | Individual Indian resident traders with mobile-linked Aadhaar | HUF, Corporate accounts, NRI, Non-Aadhaar clients, or minors |
| Signature Verification | Digital Aadhaar e-Sign (NSDL / CDSL electronic gateway) | Wet ink physical signature on printed 24-page application booklet |
SEBI-Registered Intermediaries in Ludhiana
Other recognized Depository Participants and brokers with official registrations in Ludhiana:
| Entity Name | SEBI Reg No | Category | Contact / Desk |
|---|---|---|---|
| LUDHIANA COMMODITIES TRADING SERVICES LTD | INZ000040436 | COMMODITY BROKER | 01614619296 |
| OUR BROKING SERVICES LLP | IN-DP-750-2023 | DP CDSL | Sudhir Kumar |
Frequently Asked Questions: Choice Broking in Ludhiana
Does Choice Broking have a physical office or branch in Ludhiana?
Choice Broking operates in Ludhiana via its national full-service broker with 100+ branches nationwide. While retail traders in Ludhiana predominantly manage their accounts digitally via mobile app and web, physical documentation, account modifications, and in-person verification are supported through Choice Broking regional desks, authorized representatives, or direct centralized postal dispatch.
How do I submit physical share certificates for Demat with Choice Broking in Ludhiana?
To convert physical paper share certificates into electronic demat holdings via Choice Broking: (1) Open a Choice Broking Demat account if not already active; (2) Fill out the Demat Request Form (DRF) in duplicate for each company; (3) Deface the physical certificates by writing 'Surrendered for Dematerialisation'; (4) Submit directly at the local branch desk in Ludhiana. The shares will be credited to your CDSL/NSDL Demat ID (12075800 / IN304279) within 15 to 21 working days upon registrar confirmation.
Can I complete offline KYC or account opening with Choice Broking in Ludhiana?
Yes. While Choice Broking offers instant 100% paperless Aadhaar e-KYC completing in 5 to 10 minutes, investors without Aadhaar-linked mobile numbers, HUF accounts, corporate entities, or partnership firms in Ludhiana can complete offline verification. You can visit the local branch in Ludhiana with physical KYC documents.
What is the grievance redressal and customer care escalation for Choice Broking in Ludhiana?
For support in Ludhiana, call Choice Broking helpline at 022 6707 9999. If a ticket remains unresolved within 7 days, investors can escalate to Choice Broking designated Principal Compliance Officer. As a statutory right, clients can also lodge complaints directly with SEBI through the SCORES 2.0 portal (scores.sebi.gov.in) citing Choice Broking registration number INZ000160131, or visit the regional SEBI office (SEBI Local Office, Feroze Gandhi Market, Ludhiana 141001).