Fee & Deposit Structure

Particulars Rupees
1. Admission Fee* (Non refundable)
25,00,000
2. Interest Free Security Deposit (in ratio of 1:1)
50,00,000
3. Processing Fee*
10,000
3. Annual Subscription* (Non refundable)
75,000
4. Annual Insurance Premium @
NIL
5. Minimum Usage Fees (per quarter)*
25,000
6. VSAT connectivity charges for three years*
Alternatively a member can apply for Leased Line Connectivity.
1,65,000
7. Base Minimum Capital(in ratio of 1:3):
         1. A Member with Algo Trading
         2. A Member without Algo Trading

50,00,000
10,00,000
  * Service Tax as applicable
   @ Please refer Exchange Circular no. 070 dated March 10, 2016
8. The Minimum networth for the purpose of eligibility is Rs. 1 crore
 

Particulars Rupees
1. Admission Fee* (Non refundable)
10,00,000
2. Interest Free Security Deposit (in ratio of 1:1)
65,00,000
3. Processing Fee*
10,000
3. Annual Subscription* (Non refundable)
75,000
4. Annual Insurance Premium@
NIL
5. Minimum Usage Fees (per quarter)*
25,000
6. VSAT connectivity charges for three years*
Alternatively a member can apply for Leased Line Connectivity.
1,65,000
7. Base Minimum Capital (in ratio of 1:3):
         1. A Member with Algo Trading
         2. A Member without Algo Trading

50,00,000
​10,00,000
  * Service Tax as applicable
    @ Please refer Exchange Circular no. 070 dated March 10, 2016
8. The Minimum networth for the purpose of eligibility is Rs. 1 crore
 
Particulars Rupees
1. Admission Fee* (Non refundable)
25,00,000
2. Interest Free Security Deposit (in ratio of 1:1)
1,00,00,000
3. Processing Fee*
10,000
3. Annual Subscription* (Non refundable)
1,00,000
4. Annual Insurance Premium@
NIL
5. Minimum Usage Fees (per quarter)*
25,000
6. VSAT connectivity charges for three years*
Alternatively a member can apply for Leased Line Connectivity.
1,65,000
7. Base Minimum Capital (in ratio of 1:3):
         1. A Member with Algo Trading
         2. A Member without Algo Trading

50,00,000
25,00,000
  * Service Tax as applicable
     @ Please refer Exchange Circular no. 070 dated March 10, 2016
8. The Minimum networth for the purpose of eligibility is Rs. 3 crore
Particulars Rupees
1. Admission Fee* (Non refundable)
10,00,000
2. Interest Free Security Deposit (in ratio of 1:1)
1,00,00,000
3. Processing Fee*
10,000
3. Annual Subscription* (Non refundable)
1,00,000
4. Annual Insurance Premium@
NIL
5. Minimum Usage Fees (per quarter)*
25,000
6. VSAT connectivity charges for three years*
Alternatively a member can apply for Leased Line Connectivity.
1,65,000
7. Base Minimum Capital (in ratio of 1:3):
         1. A Member with Algo Trading
         2. A Member without Algo Trading

50,00,000
​25,00,000
  * Service Tax as applicable
   @ Please refer Exchange Circular no. 070 dated March 10, 2016
8. The Minimum networth for the purpose of eligibility is Rs. 5 crore
  
Particulars Rupees
1. Admission Fee* (Non refundable)
7,50,000
2. Processing Fee* 10,000
2. Base Minimum Capital (in ratio of 1:3):
         1. A Member with Algo Trading
         2. A Member without Algo Trading

50,00,000
10,00,000
3. Base Capital (Cash)
500,000
4. Cash Deposit from Clearing Member
50,000
5. Annual Subscription* (Non refundable)
 
A. Annual Subscription till March 31, 2016
10,000
B. Annual Subscription with effect from April 01, 2016
30,000
6. Annual Insurance Premium@
NIL
7. VSAT connectivity charges for three years
Alternatively a member can apply for Leased Line Connectivity.
1,65,000
8. Interest Free Security Deposit PCM / ITCM shall suitably collect deposits from the Trading Member
  * Service Tax as applicable
   @ Please refer Exchange Circular no. 070 dated March 10, 2016
9. The Minimum networth for the purpose of eligibility is Rs.10 Lakh for Non-Corporates and Rs.25 Lakh for Corporates  
10. List of Institutional Trading cum Clearing Members (ITCM) & Professional Clearing Members (PCM)
      
  
Note: Service Tax will be applicable at prevailing rate

49,000+

Authorised Person

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