FAQs regarding Account Opening

How can I sign up for Zillion Capital Securites (Pvt.) Ltd?: You can download our Account Opening Form from our website www.zcs.com.pk. Our forms are also available at Zillion Capital Securites (Pvt.) Ltd Office
Can my account be refused to be opened?: Yes, Zillion Capital Securites (Pvt.) Ltd reserves the right to refuse any account without assigning any reason.
What is the minimum amount required for opening an account?: Minimum amount required to setup an account is Rs.50,000.
How long does it take to activate/open an account?: It depends on how quickly information is sent in. The registration process usually takes:
4 - 6 working days for cheque
OBC (Outbound Cheque) may take up to 15 working days
Depositing cash will take 3 - 4 working days after receiving the original bank deposit slip. Kindly mention "New account" on the bank deposit slip specially designed for Zillion Capital Securites (Pvt.) Ltd customers.
How can I deposit initial amount in Zillion Capital Securites (Pvt.) Ltd account?: You may send your cheque / Pay order/DD in favor of "Zillion Capital Securities (Pvt.) Ltd" by mail or drop it personally at office of Zillion Capital Securites (Pvt.) Ltd. Zillion Capital Securites (Pvt.) Ltd Head Office address is as following;
Zillion Capital Securites (Pvt.) Ltd
Suite 727-729, 7th Floor, KSE Building,
Stock Exchange Road,
Karachi 74000
Pakistan
Can I open an account with shares/securities?: Yes you can open your account with Physical shares and you can also transfer your shares from CDC Investor account or from your account with any other broker as well. The minimum amount of Rs.5000/- through cash or cheque is also required for opening of account through shares.
Do you offer mutual funds?: No. We do not offer mutual funds.
How can I close my Zillion Capital Securites (Pvt.) Ltd account?: You will need to write a letter addressed to Zillion Capital Securities (Pvt.) Ltd requesting the closure of your account. If you have any debit balance you will be required to clear it first. Along with the Account Closing Request, as a mandatory requirement you need to provide Tax Clearance Certificate from Federal Board of Revenue (FBR), Government of Pakistan. The Account Closing Request must have to be submitted at our head office or can be sent through Fax or courier.