MCXCCL issued a circular regarding the acceptance of Electronic Fixed Deposit Receipts (e-FDRs) and Bank Guarantee (eBG)

Jan 24, 2026 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Multi Commodity Exchange Clearing Corporation Limited Exchange (MCXCCL) on January 23, 2026, issued a circular regarding acceptance of Electronic Fixed Deposit Receipts (e-FDRs) and Bank Guarantee (eBG).

The following has been stated: -

•MCX Clearing Corporation Limited (MCXCCL) has updated its empanelled banks as per its December 29, 2025, circular. 

•State Bank of India has been added to issue Fixed Deposit Receipts (FDRs) in electronic form.

•The Karur Vysya Bank Limited has been added to issue Bank Guarantees (BGs) in electronic form. 

•The revised list of banks eligible for issuing E-FDRs is provided in Annexure 1.

[Circular No: MCXCCL/C&S/015/2026]


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