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Introduction1

Introduction of Approved Person (AP)

CDSL IR's services are extended through its agents called Approved Person (AP). The AP is the link between the eIA holder and CDSL IR. An eIA holder who opens a eIA with a AP can utilise the services offered by CDSL IR. While the AP processes the instructions of the eIA holder, the account and records thereof is maintained with CDSL IR. An AP is thus a "Point of Service" for the eIA.

All the DPs of CDSL and Corporate agents / Brokers of Insurance Companies can act as service providers on behalf of CDSL IR for which they will have to be registered as ‘Approved Person’ with CDSL IR after going through the registration process duly approved by IRDAI.