Terms & Conditions — Finoda Pvt Ltd | Trading & Advisory Services
Last Updated: May 2026
Before you invest a single rupee through our platform, we want you to understand exactly what you're agreeing to. These Terms & Conditions govern your use of Finoda's services — stock trading, mutual funds, SIP, insurance, loans, IPO investing, and all advisory services we offer. We've written this in plain language on purpose. Legal documents don't have to be confusing.
If you use the Finoda platform, you accept these terms. So please take ten minutes and read through. It matters.
- Acceptance of Terms
- Investment Advisory Terms — Compliance with Market Regulations
- Trading Account Terms
- Limitation of Liability
- Governing Law — Karnataka, India
- Intellectual Property
- Amendments to These Terms
- Contact & Grievance
- Frequently Asked Questions (FAQs)
- 1. What is Finoda's Terms & Conditions page about?
- 2. Is Finoda a compliant financial services company?
- 3. Does Finoda hold my money directly?
- 4. What happens if I have a dispute with Finoda?
- 5. Are my investments in stock markets guaranteed to make returns?
- 6. Can NRIs use Finoda's services?
- 7. What KYC documents do I need to open a trading account with Finoda?
- 8. What charges does Finoda apply on trades?
- 9. Does Finoda offer advisory for mutual funds and SIP?
- 10. Can Finoda guarantee specific investment advice outcomes?
- 11. How does Finoda protect my personal data?
- 12. What services does Finoda provide beyond stock trading?
- 13. What is the minimum amount to start investing through Finoda?
- 14. How do I close my trading account with Finoda?
- 15. Where is Finoda's office located?
Acceptance of Terms
When you visit finoda.in, register an account, or use any of our services, you automatically agree to these Terms & Conditions. This agreement is between you ("the Client") and Finoda Pvt Ltd ("Finoda," "we," "us," or "our"), registered and operating from Bangalore, Karnataka.
If you don't agree with any part of these terms, you should not use our platform. That's a fair and honest starting point.
These terms apply to all users — individuals, HUFs, companies, and NRIs — who access our trading, investment, tax filing, insurance advisory, or loan advisory services. Moreover, they apply whether you access our services via the website, mobile, or through direct calls to our office.
We work within the guidelines set by SEBI (Securities and Exchange Board of India) — the principal regulator for India's securities market. In January 2026, SEBI replaced its three-decade-old broker regulations with the new SEBI (Stock Brokers) Regulations, 2026, which now governs how all compliant brokerages must operate. Finoda aligns its operations fully with this updated framework.
Investment Advisory Terms — Compliance with Market Regulations
This is probably the most important section for new clients.
We provide financial guidance and investment advisory services across equities, mutual funds, SIP, IPO investing, portfolio management, and insurance. In our experience, one of the biggest confusions for first-time investors is understanding what an advisory relationship actually means — so let me explain it clearly.
Advisory, not discretionary. We give you recommendations, analysis, and guidance. The final investment decision is always yours. We don't execute trades on your behalf without your explicit instruction unless you've specifically signed up for a Portfolio Management Service (PMS) arrangement.
Risk acknowledgement. All investments in stocks, derivatives, commodities, and mutual funds carry risk. Past performance — whether of any fund, stock, or market index — is not a guarantee of future results. You understand this by agreeing to these terms.
Third-party platforms. Your trades execute through a regulated platform. Finoda acts as your advisory and support layer. Your Demat and trading accounts are held by CDSL- or NSDL-registered depositories. Your funds stay in your own bank account — Finoda does not hold client money directly.
No guaranteed returns. We do not promise or imply fixed returns on any investment. Anyone claiming guaranteed stock market returns is misleading you. We won't do that.
Furthermore, any specific advisory content we share — market calls, stock picks, fund recommendations — is based on publicly available data, our research, and general market knowledge. It is not personalised financial advice in the legal sense unless we've explicitly signed a formal advisory agreement with you.
Trading Account Terms
If you open a Demat or trading account through Finoda, the following terms apply directly to your account relationship.
Account eligibility. You must be a resident Indian individual, NRI (subject to applicable RBI/SEBI rules), HUF, or registered company to open a trading account. You confirm that all KYC documents submitted are accurate and up to date.
KYC compliance. Know Your Customer (KYC) is mandatory under PMLA (Prevention of Money Laundering Act) guidelines. You agree to submit valid PAN, Aadhaar, bank proof, and any other documents we request. Failure to maintain updated KYC details may result in trading restrictions on your account.
Order execution. Orders placed through the platform are time-stamped and executed at prevailing market prices. We don't guarantee a specific execution price for market orders. Limit orders execute only if the market reaches your specified price.
Brokerage and charges. Applicable brokerage, STT, exchange transaction charges, SEBI turnover fees, GST, and stamp duty will be levied on your trades as per the prevailing schedule. These are disclosed at the time of account opening. We recommend reviewing the charges schedule before you trade.
Margin and leverage. Margin trading in F&O, intraday, and commodity segments involves leverage. Higher leverage means both higher potential returns and higher potential losses. You must ensure sufficient margin in your account. Margin calls, if triggered, may result in auto-square-off of positions.
Account closure. You may request closure of your trading account at any time by writing to us. Outstanding positions must be squared off or transferred before closure. Pending charges must be cleared.
Limitation of Liability
Finoda provides its platform, advisory services, and information on an "as-is" basis. We take every reasonable step to ensure accuracy and reliability — but we're also being transparent about what we can and cannot be responsible for.
Market risk. We are not liable for losses arising from market movements, circuit breakers, exchange suspensions, system outages on third-party platforms, or regulatory actions that affect your portfolio. These are inherent risks of participating in financial markets.
Information accuracy. We make every effort to keep information on finoda.in accurate and current. However, markets move fast. Any figures, statistics, or fund NAVs on our website are subject to change without notice. Always verify live data through the relevant exchange or AMC before placing a trade.
Force majeure. We're not liable for service disruptions caused by circumstances beyond our control — power failures, internet outages, government orders, natural disasters, or exchange-level technical issues.
Third-party services. Where we refer you to third-party platforms, insurers, AMCs, or loan providers, your relationship with those entities is governed by their own terms. We're not liable for their actions, delays, or errors.
Maximum liability. In any case, our maximum liability to you shall not exceed the total brokerage or fees paid by you to Finoda in the three months preceding the claim.
Governing Law — Karnataka, India
These Terms & Conditions are governed by and construed in accordance with the laws of India. Any disputes arising from your use of Finoda's services shall be subject to the exclusive jurisdiction of the courts in Bangalore, Karnataka.
We also follow the dispute resolution mechanism outlined by SEBI and the stock exchanges. If you have a grievance, our first step is always to try to resolve it directly. See the next section for how to raise a complaint.
Intellectual Property
Everything on finoda.in — the logo, content, images, design, calculators, educational guides, and original written material — belongs to Finoda Pvt Ltd. You can't copy, reproduce, republish, or commercially use any of it without our written permission.
You may, of course, share links to our pages. We're happy when people find our content useful. But please don't lift content wholesale and publish it elsewhere.
Amendments to These Terms
We update these Terms & Conditions from time to time — especially when regulations change or we add new services. We'll try to notify you of significant changes via email or a banner on the website. But your continued use of our platform after any update means you've accepted the revised terms.
We always display the "Last Updated" date at the top of this page so you know when changes were made.
Contact & Grievance
If you have questions about these terms, or if something doesn't feel right with your account, please reach out directly. We take complaints seriously and we respond.
Finoda Pvt Ltd
VGV Towers, 42/1028 27th A Main, 100 Feet Ring Rd, Jayanagara 9th Block, Bengaluru 560041
📞 Phone: +91-90352 94343
📧 Email: info@finoda.in
🌐 Website: finoda.in
Alternatively, you can file a formal complaint through SEBI SCORES (SEBI's online grievance redressal portal) if you feel the matter isn't resolved to your satisfaction.
SEBI SCORES Complaint Portal →
Frequently Asked Questions (FAQs)
Finoda's Terms & Conditions page outlines the legal agreement between you and Finoda Pvt Ltd for using our trading, investment advisory, insurance, loans, and tax filing services. It covers your rights, our obligations, how we handle your data, applicable charges, and the governing law — which is Bangalore, Karnataka, India. Reading it before you start investing is always a good idea.
Yes. Finoda operates fully in line with guidelines set by SEBI (Securities and Exchange Board of India) — the apex regulator for India's securities markets. Our operations also align with the updated SEBI (Stock Brokers) Regulations, 2026, which replaced the earlier 1992 framework in January 2026. We follow all applicable PMLA, KYC, and investor protection norms.
No. Finoda does not hold client funds. Your money stays in your own bank account. Your securities are held in a Demat account under CDSL or NSDL — regulated depositories. This structure is a core investor protection requirement under SEBI rules, and we fully follow it.
First, contact us directly at info@finoda.in or call +91-90352 94343. We aim to resolve all grievances within 21 calendar days, in line with SEBI's prescribed timelines. If you're unsatisfied, you can escalate through SEBI's SCORES portal (scores.sebi.gov.in) or approach the relevant stock exchange's investor grievance cell.
No. And any platform that tells you otherwise is misleading you. Stock markets, mutual funds, F&O, and commodities all carry risk. Returns depend on market conditions, the quality of your investment decisions, and holding period. We provide research, guidance, and advisory support — but the market always has the final say.
Yes, NRIs can invest in Indian stock markets through specific channels — NRE or NRO accounts, subject to RBI and FEMA regulations. Please contact our team directly to understand what's applicable to your residency status and country before proceeding.
You'll need: a valid PAN card, Aadhaar card, a cancelled cheque or bank statement for bank proof, a recent passport-size photograph, and in some cases, proof of income (especially for F&O activation). The entire KYC process is online and takes less than 30 minutes for most clients.
Charges include brokerage, STT (Securities Transaction Tax), exchange transaction charges, SEBI turnover fees, GST, and stamp duty. The specific amounts depend on the segment you trade in (equity delivery, intraday, F&O, etc.). All applicable charges are disclosed upfront at account opening. We don't apply hidden fees.
Yes. We offer advisory support for direct and regular mutual fund investments, SIP setup, fund selection based on your goals and risk profile, and periodic portfolio review. We also have a SIP calculator and lumpsum calculator on our website to help you plan.
No. Investment advisory is based on research, market data, and our team's experience. But markets can move in unexpected directions. Our advice is guidance — not a guarantee of profit. We're honest about this because we believe investors deserve a clear picture, not false promises.
We take data privacy seriously. We collect only the information needed for KYC and service delivery. We don't sell your personal data to third parties. Our full data handling policy is available on our Privacy Policy page.
Finoda is a full-spectrum financial services platform. Beyond equity and derivative trading, we also cover: mutual funds and SIP, IPO investing, fixed deposits, NPS (National Pension System), PMS (Portfolio Management), health and life insurance, personal and home loan advisory, GST filing, income tax return filing, and company audit services. So it's genuinely a one-stop shop.
There's no fixed minimum for most products. SIP investments can start from as low as ₹500 per month. For equity trading, you can start with the price of a single share. For IPO applications, the minimum lot size is set by the issuing company. Contact us to understand the right starting point for your specific goal.
Send a written request to info@finoda.in. Before closure, all open positions must be squared off or transferred, and any pending charges must be settled. After verification, we'll process the closure. Typically this takes 5–7 working days.
We're based at: VGV Towers, 42/1028 27th A Main, 100 Feet Ring Rd, Jayanagara 9th Block, Bengaluru 560041. You're welcome to visit us in person. Call ahead on +91-90352 94343 to schedule a meeting.
