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2
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Annual Membership Fee - AMF (Charges every year on all accounts as at the close of March. Payable in advance and non refundable)
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AMF on all accounts as at the close of March 31, 2007: For the period from April 07 to June 07 (three months) at current rate of Rs300/ PA (prorated) is included in March 2007 Bill and remaining 9 months (July07-Mar08] as per revision and opted by the clients respectively.
Revised AMF with effective July 1st, 2007: Category (*).
1) Rs.350/- PA (For clients receiving statement cum Bill by e-mail plus recovery of DP charges through Standing Instruction of IVBL account.
2) Rs.400/- PA [For clients opted recovery of DP charges through Standing Instruction of IVBL account.]
3) Rs.600/- PA [For clients receiving statement cum Bill by e-mail and not opted recovery through IVBL account]
4) Rs.750/- PA [For clients neither opted receiving statement by e-mail nor recovery through IVBL account]
For New accounts opened:
a) April 07 to June 07: Rs. 75/- + 9 months [July 07-Mar 08] pro-rated as per the revision: For Option 1: Rs.340/-; Option 2: Rs.375/-; Option 3: Rs.525/-; Option 4 Rs.640/-.
b) July 07 onwards: Opened in the 1st half year - till September full year AMF. Opened in the 2nd half year - October to March 50% of AMF.
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3
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Market & Off-Market Transactions (including Inter Depository):
Buying
Selling
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Nil
0.04% of Market Value with a minimum of Rs.15/- per transaction subject to maximum of Rs.1000/- per transaction plus NSDL charges in force.
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4
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Demat Charges
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Rs.4/- per certificate (Re.3/- in case number of Certificates exceed 500 per request) and mailing charges of Rs.35/- per request.
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5
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Remat Charges
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Rs.50/- per certificate and mailing charges of Rs.35/- per request plus NSDL charges in force.
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6
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Pledge Charges :
Creation
Closure & Invocation
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0.04% of Market Value with a minimum of Rs.50/- per transaction subject to a maximum of Rs.1000/- plus NSDL charges
0.04% of Market Value with a minimum of Rs.50/- per transaction subject to a maximum of Rs.1000/-.
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7
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Securities Lending & Borrowing
Lending
Borrowing
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Rs.50/- per transaction.
Rs.50/- per transaction plus NSDL charges.
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8
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Additional Statement / bill over and above monthly / quarterly statement
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Rs.5/- per page (Minimum of Rs.35/-) .
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9
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Late Transaction Fee (for market trades submitted on the Pay-in date of the settlement)
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Rs.100/- per transaction.
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10
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Service Charges for non-payment of bills within due date.
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18% p.a. with monthly rests.
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