Receipt of application forms in prescribed format with all annexures and necessary payments

Interview by Membership Approval Committee

Issue of In Principle Letter by NCCL

Submit the proposal to Member Selection Committee (MSC) for admitting as member

Creation of CMID as provisional member and submission of application to SEBI for SEBI Registration

Receipt of SEBI registration No. from SEBI and completion of all formalities/documentation

Activation of Clearing Membership after completion of all other formalities

Issue of Membership Ceritificate