Fee & Deposit Structure

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Fee & Deposit Structure

Trading-cum-Clearing Member (TCM) - Non-Deposit Based

Particulars		Rupees
1.	Admission Fee*	25,00,000
2.	Interest Free Security Deposit** Security Deposit shall be in the ratio of 50% cash and 50% cash/fixed deposit/bank guarantee.	30,00,000
3.	Processing Fee*	10,000
4.	Annual Subscription*	75,000
5.	Annual Insurance Premium*	2,330
6.	Minimum Usage Fees (per quarter)*	25,000
7.	VSAT connectivity charges for three years Alternatively a member can apply for Leased Line Connectivity.	1,65,000
	* Service Tax @ 10.30% is applicable ** Refundable after THREE years on surrender of the membership.

Trading-cum-Clearing Member (TCM) -Deposit Based

Particulars		Rupees
1.	Admission Fee*	10,00,000
2.	Interest Free Security Deposit** Security Deposit shall be in the ratio of 50% cash and 50% cash/fixed deposit/bank guarantee.	65,00,000
3.	Processing Fee*	10,000
4.	Annual Subscription*	75,000
5.	Annual Insurance Premium*	2,330
6.	Minimum Usage Fees (per quarter)*	25,000
7.	VSAT connectivity charges for three years Alternatively a member can apply for Leased Line Connectivity.	1,65,000
	* Service Tax @ 10.30% is applicable ** Refundable after THREE years on surrender of the membership.

Membership - Institutional Trading-cum-Clearing Member (ITCM)

Particulars		Rupees
1.	Admission Fee*	25,00,000
2.	Interest Free Security Deposit** Security Deposit shall be in the ratio of 50% cash and 50% cash/fixed deposit/bank guarantee.	1,00,00,000
3.	Processing Fee*	10,000
4.	Annual Subscription*	1,00,000
5.	Annual Insurance Premium*	2,330
6.	Minimum Usage Fees (per quarter)*	25,000
7.	VSAT connectivity charges for three years Alternatively a member can apply for Leased Line Connectivity.	1,65,000
	* Service Tax @ 10.30% is applicable ** Refundable after THREE years on surrender of the membership.

Membership - Professional Clearing Member (PCM)

Particulars		Rupees
1.	Admission Fee*	10,00,000
2.	Interest Free Security Deposit** Security Deposit shall be in the ratio of 50% cash and 50% cash/fixed deposit/bank guarantee.	1,00,00,000
3.	Processing Fee*	10,000
4.	Annual Subscription*	1,00,000
5.	Annual Insurance Premium*	2,330
6.	Minimum Usage Fees (per quarter)*	25,000
7.	VSAT connectivity charges for three years Alternatively a member can apply for Leased Line Connectivity.	1,65,000
	* Service Tax @ 10.30% is applicable ** Refundable after THREE years on surrender of the membership.

Trading Member (TM)

Particulars		Rupees
1.	Admission Fee*	7,50,000
2.	Interest Free Security Deposit	PCM / ITCM shall suitably collect deposits from the Trading Member
3.	Processing Fee*	10,000
4.	Annual Subscription*	10,000
5.	Annual Insurance Premium*	2,330
6.	VSAT connectivity charges for three years Alternatively a member can apply for Leased Line Connectivity.	1,65,000
	* Service Tax @ 10.30% is applicable

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