Below are the following steps for the Admission Process.

Receipt of application forms with all annexures and necessary payments.

Interview by Membership Approval Committee. 

Issue of in Principle Letter.

Submit the proposal to Member and Core Settlement Guarantee Fund Committee (MCSGFC) for admitting as member.

Creation of TMlD and submission of application to SEBI for SEBI Registration.

Receipt of SEBI registration number from SEBI and complete other formalities/documentation.

Enablement of trading terminal.

Intimation about Activation to member.