NSE revises the Client Categories in the Unique Client Code database, effective from November 22, 2025

The National Stock Exchange of India (“NSE”) has issued a circular revising the client categories in the Unique Client Code (“UCC”) database. This is done to facilitate ease of identification of Non-Resident External (“NRE”) and Non-Resident Ordinary (“NRO”) clients. The revisions in the client category are effective from November 22, 2025.

Key Highlights:

1. The Client Category “NRI” (current UCC category “11”) UCC database must be treated as “NRE”.
2. Investor category “37” must be available to facilitate client classification for “NRO”.
3. No change is required, in case the UCC has been created for NRE account.
4. Trading Members are advised to ensure that all client records are updated accordingly in the UCC database. The classification structure is as follows:

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Source: NSE