How to get a stock loan?

According to Tejarat News, quoted by Young Journalist ClubSomia Mohammadi, the manager of the electronic verification project of the Central Depository Company, regarding the conditions and method of verification take stock raised some points.

What is the smart stock verification process?

The smart verification process for the general public is that after the shareholders have completed the initial steps in their respective bank, they refer to the capital market service page and select the verification service.

Which shareholders can use the verification service?

Shareholders can benefit from these benefits by registering their information in the comprehensive customer information system.

What are the steps and details of the application for stock verification?

After entering the authentication registration system, a one-time password will be sent to the mobile phone number of the person and an authentication will be done. After entering the one-time password, people can view the verifiable asset and select the amount of the total or part of that verifiable asset and are directed to the Central Depository Company page.

After being directed to the deposit page, there are a series of conditions and obligations that the shareholder must read carefully. After accepting them and paying the fee, the procedures are completed and then they are redirected to the bank page.

Is the verification and application process done on specific days?

Shareholders should note that providing all services with smart authentication can be done on business days and hours.

At the end of the working day, all the requests from the operating banks that implemented the services are sent to the central depository companies, and after processing in the information systems, the result of the request is notified to the banks the next day.

Should shareholders have special conditions for approval?

The conditions of approval in the capital market are such that the shareholders do not have supervisory restrictions (the so-called freeze) and their assets can be traded and deposited.

What happens if the shareholder does not fulfill his obligations?

Shareholders should note that after accepting the terms and obligations at the beginning of the process, if the shareholder does not fulfill his obligations within a certain period of time, the confirmation operation will take place, and if the obligations are not fulfilled by the relevant bank based on the contracts that existed at the beginning, the shareholder’s assets will be transferred to The sale arrives.