Fee & Deposit Structure
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 Trading-cum-Clearing Member (TCM) - Non-Deposit Based
 Fee and Deposit Structure
 

Particulars

Rupees

1. Admission Fee*
20,00,000
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*
2,900
6. Annual Advance Minimum Transaction Charges*
1,00,000
7. VSAT Costs*
(inclusive of site survey, installation, transportation, commissioning of VSAT equipment and cost of IFL cable. All recurring charges including bandwidth charges, annual maintenance charges will be free for the first 3 years)
Alternatively a member can apply for Leased Line.
1,65,000

* Service Tax @ 12.36% is applicable
** Refundable after THREE years on surrender of the membership.

 

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  Trading-cum-Clearing Member (TCM) -Deposit Based
  Fee and Deposit Structure
 

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*
2,900
6. Annual Advance Minimum Transaction Charges*
1,00,000
7. VSAT Costs*
(inclusive of site survey, installation, transportation, commissioning of VSAT equipment and cost of IFL cable. All recurring charges including bandwidth charges, annual maintenance charges will be free for the first 3 years)
Alternatively a member can apply for Leased Line.
1,65,000

* Service Tax @ 12.36% is applicable
** Refundable after THREE years on surrender of the membership.

 

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 Membership - Institutional Trading-cum-Clearing Member   (ITCM)
 Fee and Deposit Structure
 

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*
2,900
6. Annual Advance Minimum Transaction Charges*
1,00,000
7. VSAT Costs*
(inclusive of site survey, installation, transportation, commissioning of VSAT equipment and cost of IFL cable. All recurring charges including bandwidth charges, annual maintenance charges will be free for the first 3 years)
Alternatively a member can apply for Leased Line.
1,65,000

* Service Tax @ 12.36% is applicable
** Refundable after THREE years on surrender of the membership.

 

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 Membership - Professional Clearing Member (PCM)

 Fee and Deposit Structure
 

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*
2,900
6. VSAT Costs*
(inclusive of site survey, installation, transportation, commissioning of VSAT equipment and cost of IFL cable. All recurring charges including bandwidth charges, annual maintenance charges will be free for the first 3 years)
Alternatively a member can apply for Leased Line.
1,65,000

* Service Tax @ 12.36% is applicable
** Refundable after THREE years on surrender of the membership.

 

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 Trading Member (TM)

 Fee and Deposit Structure
 

Particulars

Rupees

1. Admission Fee (Non-Refundable)*
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*
2,900
6. VSAT Costs*
(inclusive of site survey, installation, transportation, commissioning of VSAT equipment and cost of IFL cable. All recurring charges including bandwidth charges, annual maintenance charges will be free for the first 3 years)
Alternatively a member can apply for Leased Line.
1,65,000

* Service Tax @ 12.36% is applicable.

 

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