Application invited for Broker Empanelment

Applications are invited from brokers for empanelment with the Bank in money and debt market segment for FY 2015-16. Brokers who apply for empanelment may be selected based on eligibility criteria decided by the Bank, which shall include inter alia the following aspects:
  • Brokers are members of recognized stock exchanges such as BSE/ NSE/ Others for Debt segment as approved by SEBI.
  • The factum of relationship, if any, of broker on the panel/ to be taken on panel with Bank Official (s) to be declared by the broker.
  • The broker should have a minimum net worth of Rs. Five Crores. Audited Net worth certificate and broker turnover to be submitted by the broker.
  • Certificate of good conduct obtained from the Stock Exchanges to be submitted by the broker.
  • Incomplete applications are liable to be rejected and the Bank's decision regarding empanelment of brokers shall be final. Last date for receipt of application along with required documents shall be September 25 2015.

    Interested brokers may download the attached proforma and send across duly filled proforma along with scanned copies of required documents to, followed by hardcopy to the following address:

                        Head Treasury
                        Treasury & Investments Department
                        Bandhan Bank Ltd
                        DN 32, Sector V,
                        Salt Lake City, Kolkata- 700 091

    Selection of brokers will be at sole discretion of the Bank and no communication shall be entertained in this regard.