Does anyone has to use investor protection fund?

I know there is investor protection fund but are there any real experiences ?

I understand its like an insurance …Rs. 15 lac per member per broker …but in real if someone has used it…how was the experience?

Horrible?

Hey @curiousvi

It will undoubtedly be a horrible experience.

The gist of the procedure is mentioned in this post. You can also check out this circular from SEBI for more information.

this is very important information that all investors should know.