Fee payment

Pay via SEBI-validated UPI

Sun Shine Research collects research fees through a SEBI-validated UPI handle, as mandated by SEBI. Pay only to the UPI ID shown on this page, and verify it before you pay.

Our validated UPI ID

Use this exact ID in any UPI app (GPay, PhonePe, Paytm, BHIM or your bank app).

sunshine.ra@validhdfc

Payee name
Sun Shine Research
SEBI registration
INH000025142
Handle
@valid (HDFC Bank)

Before you confirm the payment, check that:

  • The payee name shown is Sun Shine Research.
  • The ID ends with @valid followed by the bank name.
  • Your UPI app shows a white thumbs-up icon inside a green triangle.

Verify this UPI ID on SEBI’s portal: SEBI UPI Handle Verification Facility (opens in a new tab)

UPI QR code for Sun Shine Research. Scanning it pays to sunshine.ra@validhdfc. The code carries a white thumbs-up icon inside a green triangle, the SEBI validated-handle mark.
Scan with any UPI app. The UPI ID sunshine.ra@validhdfc appears below the QR code in your app.

Other payment modes

UPI is optional. You may also pay by IMPS, NEFT, RTGS or cheque. Write to info@sunshineresearch.in for bank account details. Cash is not accepted, and fees must be paid only to the bank account or validated UPI ID of the Research Analyst.

After you pay

Share the transaction reference (UTR) and your registered name with us at info@sunshineresearch.in or on +91-9538922789. Your plan is activated after the consent and suitability flow is complete. See our Refund Policy.

UPI — Intimation to Investors

Dear Investors,

We would like to inform you that we have obtained a SEBI-validated UPI ID handle for secure payment collection, as mandated by SEBI.

For any UPI payment, you can make the payment on the following validated UPI ID:

sunshine.ra@validhdfc

1. Please read the FAQs below to understand the validated UPI handle system

Frequently Asked Questions (FAQs)

Q. Is it compulsory for the investors to use the new handle only?

Ans. The investors can choose their preferred mode of payment, such as UPI, IMPS, NEFT, RTGS, or Cheques. If an investor opts to use UPI for the payment to registered intermediaries, then they have to do so only using the new UPI IDs allotted to registered intermediaries.

Q. What should I check while making payment using the new UPI IDs / QR Code?

Ans. Investors need to keep the following things into consideration:

  1. The UPI ID should properly show the name of the intermediary, followed by the short abbreviation of their category, for example “brk” for Brokers, “mf” for Mutual Funds, to the left of the “@” character.
  2. On the right side of the “@”, the new and exclusive handle “@valid” should be present, followed by the bank name.
  3. On the confirmation screen, the app should show a white thumbs-up icon inside a green triangle.
  4. The QR code generated using the utility will have a white thumbs-up icon inside a green triangle. It will also display the UPI ID just below the QR code.

Q. Do investors also need to obtain new UPI handles to transact in the securities market?

Ans. No, the new UPI IDs are only for intermediaries to obtain and investors can continue to use their existing UPI IDs.

Q. Whom to approach if my transaction / payment fails with the new UPI ID?

Ans. The secure validated UPI ID of intermediaries will use the same banking channel as the earlier generic UPI handles. In case of any technical difficulty, investors are requested to approach their respective bank.

2. Verify our UPI ID using SEBI’s online verification tool

For complete transparency, investors may verify whether the UPI ID shared by us is official and SEBI-validated by visiting the link below:

SEBI UPI Handle Verification Facility (opens in a new tab)
https://siportal.sebi.gov.in/intermediary/sebi-check

Using this facility, you can confirm:

  • Whether our UPI ID is SEBI-registered
  • Whether it is officially validated
  • The intermediary name and category