Regarding TSPA on Upstox
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Upstox had given me Rs100 ETF as per my KYC details for opening account and mention.
“Based on the consent provided during KYC, you are eligible for free Rs100 ETF as part of TSPA”
What is TSPA used for? Will they charge me something for it? Is TSPA useful? Or should I withdraw my consent for TSPA?
Please enlighten me.
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I wasn’t offered any such thing so i have no idea.
The Trading and Settlement Process Aquiantance Scheme (TSPA). It is a scheme which makes an investor aware of the process of trading and settlement of the Stock Exchange, Depository, Stock Broker, Depository Participant, that an investor being offered TSPA, whereby upto Rs 100 worth of securities – listed on BSE/NSE will be purchased on behalf of the investor and added to his account
Does it have any charge that I need to pay? Is it useful or should I withdraw my consent?
@azzuridd @tappukepapa