NCMS OTP Based Two Factor Authentication and Version Upgradation · 042/2026
NSE circular 042/2026 · 07 Sept 2026
Official title
NCMS-OTP based Two Factor Authentication and upgradation of NCMS version
Official record
Open source pageSummary
Check the official recordWhat changed
NSE Clearing Limited implements OTP based Two Factor Authentication for NCMS-CD user logins. This requirement applies to Admin and Sub users. Members must download and install the new NCMS version 4.2.5 from the member Extranet. Upon the first login, members must register their mobile number and email address. The system sends an OTP to these registered contact details for authentication. Users must enter the valid OTP to complete the login process. If a user enters an invalid OTP four times, the system disables the user ID. In such cases, the member must contact NSE Clearing Limited for assistance.
What you must do
- Download and install NCMS version 4.2.5 from the member Extranet
- Register mobile number and email ID during the first login
- Enter the OTP received on the registered mobile number and email ID to log in
Document text
[Image omitted. See the official document.]
ANNEXURE 1
THE USER MANUAL OF OTP BASED 2FA
- Member will have to insert login Credentials on NCMS-CD log in page
[Image omitted. See the official document.]
- After password validation, for the first time login registration window will pop up forcefully. Member will register with mobile number and email Id.
[Image omitted. See the official document.]
- After successful registration, OTP will send on registered mobile number and email Id.
[Image omitted. See the official document.]
- OTP window will pop up to enter OTP.
[Image omitted. See the official document.]
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After entering valid OTP, log in will be successful.
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In case of invalid OTP entered, error will be displayed and OTP can be regenerated after 30 seconds-
[Image omitted. See the official document.]
- In case of 4 invalid OTP entered, user ID will be disabled, and member needs to connect with NSE Clearing Ltd.
[Image omitted. See the official document.]
NSE Clearing Limited
| Department: CURRENCY DERIVATIVES | |
|---|---|
| Download Ref No: NCL/CD/76211 | Date: September 07, 2026 |
| Circular Ref. No: 042/2026 | |
All Members
Sub: NCMS - OTP based Two Factor Authentication and upgradation of NCMS version
In order to enhance the security measures, NSE Clearing Ltd shall be implementing OTP based Two Factor Authentication (2FA) for user login in NCMS-CD (Admin user as well as Sub users).
Members are requested to note that a new EXE version of 4.2.5 will be made available with effect from 12-Sep-2026.
Two Factor Authentication (2FA) shall be implemented w.e.f 15-Sep-2026 for user login on NCMS-CD. The user manual of OTP based 2FA is provided in Annexure 1.
This version can be downloaded from member Extranet/portal “cdsftp/cdscommon/NCMSSetup_425”.
For and on behalf of
NSE Clearing Limited
Nisha Pillai
Vice President
| Telephone No | Email id |
|---|---|
| 18002660050 (IVR Option 2) | support@nsccl.co.in |
Source details
- Source
- National Stock Exchange of India
- Type
- circular
- Published by source
- 07 Sept 2026
- Document number
- 042/2026
- Issuing division
- CURRENCY DERIVATIVES
- Coverage area
- securities