Are you looking to understand what a CMR/CML copy really is? If yes, then you have come to the right place. In this blog post, we will provide a comprehensive guide to CMR/CML copies, the difference between a CMR and CML, the benefits of having one, and how to obtain and read a CMR/CML copy.
What is a CMR/CML Copy?
A CMR (Client Master Report) or CML (Client Master List) copy is essentially a document that contains all the details of every customer who has an account with a particular broker. It contains all the details such as name, address, PAN number, bank account number, etc., of each customer. It also contains details about their demat account such as DP ID and demat account number.
The CMR/CML copy is an important document for all the brokers as it helps them keep track of the customers and their accounts. It also acts as a proof of identity for the customers, which is why it is important to have a CMR/CML copy.
What is the Difference Between a CMR and a CML?
The main difference between a CMR and a CML is that a CMR is a copy of the customer’s account details, while a CML contains the details of all the customers who have accounts with a particular broker. A CMR/CML copy is also known as a Master Client List (MCL).
A CMR/CML copy is usually requested for compliance and regulatory purposes. The CMR/CML copy is used to verify the identity of the customers and to ensure that their accounts are in compliance with the regulations set by the relevant stock exchanges.
Benefits of a CMR/CML Copy
Having a CMR/CML copy comes with several benefits. For starters, it helps the broker in keeping track of their customers and their accounts. It is also a useful document for the customer as it acts as a proof of identity.
Apart from this, having a CMR/CML copy also helps the broker in complying with the regulations set by the relevant stock exchanges. This ensures that the customers’ accounts are in compliance with the regulations and that the transactions are safe and secure.
How to get Client Master Copy from different Brokers?
1. Zerodha
In Zerodha, login to Kite, Go to Console> Under Console >Go to Accounts>Under Accounts>Go to Documents. In the documents, Select Documents as ” Zerodha CMR Copy”. The CMR copy will be sent to your email id within few hours.
2. Angel Broking
To view your CMR details online, please login to trade.angelbroking.com > Go to Menu > Select More > Select Settings > Click on My profile > Select View My KYC Copy.
Or If you are not able to download the CMR Copy, then simply drop an email to the customer care at [email protected] and they will provide the CMR within few hours in your email acccount.
The facility to view your KYC form in the Angel Broking app is currently not available but will be accessible soon.
3. Upstox
Step 1: Login to the Upstox app.
Step 2: Click on ‘Account’ at the bottom of the screen
Step 3: Go to ‘My Account’
Step 4: Go to ‘Profile’
Step 5: Click on ‘Documents’.
Step 6: Select on “CMR (Client master Report)” to get on your registered email id.
Step 7: Click on ‘Get via email’.
Note: You will successfully receive your CMR via email.
4. Axis Bank
You can contact the following email id and telephone number to receive CMR copy on your email.
For DP related queries RI customers could write to us at [email protected] or call us 022- 68515400.
5. HDFC Securities
You can simply call on 022-2834-6690 or you can email to them at [email protected]. And they will provide the CMR in your email id.
6. Groww
You can find the CMR copy sent to you in your email when you have opened your demat account. You can also find it on the Groww app under personal details.
7. ICICI Securities
You can request a call or email to the customer care at the following details to obtain a CML copy (you can request a physical copy or soft copy as per your requirement).
Help Line:1860-123-1122
Email id : [email protected]
8. Kotak Securities
For obtaining Client Master Copy you can write to Kotak Securities.
Email : [email protected]
Common Uses of a CMR/CML Copy
A CMR/CML copy is used for a variety of purposes. It is mainly used by brokers to keep track of their customers and their accounts. It is also used to verify the identity of the customers and to ensure that their accounts are in compliance with the regulations set by the relevant stock exchanges.
Apart from this, a CMR/CML copy can also be used by investors to track their investments and monitor the performance of their stocks. It can also be used to check the status of their demat accounts and to transfer funds from one account to another.
Conclusion
A CMR/CML copy is an important document for all the brokers as it helps them keep track of their customers and their accounts. It is also used to verify the identity of the customers and to ensure that their accounts are in compliance with the regulations set by the relevant stock exchanges.
Getting a CMR/CML copy is quite easy. All you have to do is contact your broker and ask them to provide you with a copy of your CMR/CML. Most brokers will be happy to provide you with a copy of your CMR/CML.
If you’re looking to understand what a CMR/CML copy is and how to obtain and read one, this blog post should have provided you with all the necessary information. We hope you found this guide to CMR/CML copies useful.
