Fee & Deposit Structure

Particulars Rupees
1. Processing Fee* (Non refundable)      10,000$
2.
Admission Fee* (Non refundable)
10,00,000
3. Interest Free Security Deposit (in ratio of 1:1)
50,00,000
4. 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
5. Annual Subscription Fee* #
     75,000
  * GST as applicable
# Refer Exchange Circular no. 315 dated June 17, 2019
$ Refer Exchange Circular no. 669 dated November 26, 2019 and Clearing Corporation Circular no. 282 dated December 03, 2019
The Minimum networth for the purpose of eligibility is Rs. 1 crore
Particulars Rupees
1. Processing Fee* (Non refundable)           10,000$
2.
Admission Fee* (Non refundable)
   25,00,000
3.
Interest Free Security Deposit (in ratio of 1:1)
1,00,00,000
4.
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
5. Annual Subscription Fee *#
     1,00,000
  * GST as applicable
# Refer Exchange Circular no. 315 dated June 17, 2019
$ Refer Exchange Circular no. 669 dated November 26, 2019 and Clearing Corporation Circular no. 282 dated December 03, 2019
The Minimum networth for the purpose of eligibility is Rs. 3 crore
Particulars Rupees
1. Processing Fee* (Non refundable)         10,000
2. Admission Fee* (Non refundable)
   10,00,000
3. Interest Free Security Deposit (in ratio of 1:1)
1,00,00,000
4. Annual Subscription Fee *#
     1,00,000
  * GST as applicable
# Refer Exchange Circular no. 315 dated June 17, 2019
The Minimum networth for the purpose of eligibility is Rs. 5 crore
  
Particulars Rupees
1. Processing Fee* (Non refundable)    10,000
2. Admission Fee* (Non refundable)
 7,50,000
3. 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
4. Base Capital (Cash)
   500,000
5. Cash Deposit from Clearing Member
   500,000
6. Annual Subscription Fee *#
      30,000 
Interest Free Security Deposit PCM / ITCM shall suitably collect deposits from the Trading Member
  * GST as applicable
# Refer Exchange Circular no. 315 dated June 17, 2019
The Minimum networth for the purpose of eligibility is Rs.25 Lakh for Corporates / LLP and Rs.10 Lakh for Non-Corporates
  
Note: GST will be applicable at rate of 18%

56,074

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