In case an ISIN already exists for the maturity date, the Issuer is not required to send a Master Creation form. The Issuer can directly send the corporate action information for allotment of CDs in the existing ISIN.
The above process flow is applicable only for the activities related to NSDL. The Issuer is responsible to ensure that issuance of CDs' is in accordance with the FIMMDA Guidelines , details of which are available on the " web site of FIMMDA
As per RBI guidelines, CDs can be issued in denominations of Rs. 1 Lakh or multiples thereof. The direct electronic credit / transfer request have to be made in terms of Quantity of securities with each security having face value of Rs. 1,00,000/-. For example - If a DP receives demat request for Rs. 1 cr, DP will enter 100 (securities) in the quantity field. Thus balances of securities in the statement of account represent number of securities each having face value of Rs. 1,00,000/-. For example, if an investor holds 100 securities, the value of this holding is Rs. 1cr of Certificate of Deposit.