Fee & Deposit Structure

Particulars Rupees
1. Admission Fee* (Non refundable)
25,00,000
2. Interest Free Security Deposit
50,00,000
3. Processing Fee*
10,000
3. Annual Subscription* (Non refundable)
75,000
4. Annual Insurance Premium*
2256
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 :
         1. A Member with Algo Trading
         2. A Member without Algo Trading

50,00,000
10,00,000
  * Service Tax as applicable
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*
65,00,000
3. Processing Fee*
10,000
3. Annual Subscription* (Non refundable)
75,000
4. Annual Insurance Premium*
2256
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 :
         1. A Member with Algo Trading
         2. A Member without Algo Trading

50,00,000
10,00,000
  * Service Tax as applicable
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*
1,00,00,000
3. Processing Fee*
10,000
3. Annual Subscription* (Non refundable)
1,00,000
4. Annual Insurance Premium*
2256
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 :
         1. A Member with Algo Trading
         2. A Member without Algo Trading

50,00,000
10,00,000
  * Service Tax as applicable
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
1,00,00,000
3. Processing Fee*
10,000
3. Annual Subscription* (Non refundable)
1,00,000
4. Annual Insurance Premium*
2256
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 :
         1. A Member with Algo Trading
         2. A Member without Algo Trading

50,00,000
10,00,000
  * Service Tax as applicable
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 :
         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*
2256
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  
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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