pagenotfound said:
Jaideep,
It will be great if you can paste that mail right here, do us all a favour.
Thank you.
It will be great if you can paste that mail right here, do us all a favour.
Thank you.
This was my mail to them.........
CASE :- 1742452
User ID: XXXXXXX
This is to inform you that I will not be trading regularly for the next two months as I will be travelling on business. If at all I trade, it may be very infrequently. Kindly therefore shift me to a suitable plan where I do not have to commit any monthly brokerage. I will pay brokerage as I trade & if I trade. Please also let me know details of the brokerage rates that I will have to pay in the changed plan.
Thank you,
Jaideep
Reply from [email protected]..........
Dear Sir,
With reference to your mail, please go through the below mentioned details of the products and let us know which product you would like to shift to.
The Online Terminals are Investor Terminal(NSE/BSE/F&O/Commodities), TT(soon to be phased out), TT5(NSE/BSE/F&O), and ODIN Diet(NSE/BSE(view only)/F&O/Commodities).
Clients can opt for an SLF(Software Licence Fee) scheme or Non- SLF scheme.
Below mentioned schemes are available incase you wish to opt for TT5/IT/TT with Software Licence fee (SLF):
Rs.1000 Monthly basis
Rs.3000 Quaterly basis
Rs.8000 Yearly basis.
The brokerage that is generated(depending on the scheme) would be credited to your account at the end of the expiry or once the amount is utilised whichever is first since the calculations would be done on daily basis.The total reversal will be maximum to the extent of the amount of SLF charged.
Kindly note the brokerage structure for the above mentioned schemes:
With SLF (Monthly/ Quarterly/ Yearly):
Trading brokerage- 0.05%
Min Per Share (MPS) - Trading - 5 paisa
Delivery Brokerage- 0.25%
Min Per Share (MPS) - Delivery - 5 Paisa
F&O - 0.05%
The MPS (trading) - for customers opting for quartely and yearly scheme will be 1 paisa (only for Intraday)
Without SLF.
Trading brokerage- 0.10%
MPS- Trading - 5 paisa
Delivery Brokerage- 0.50%
MPS- Delivery - 5 Paisa
F&O - 0.10%
Note that the service tax ,regulatory and STT will be charged separately.
The Regulatory charges -
NSE CASH - DELIVERY 0.014% on Turnover
NSE CASH - TRADING 0.006% on Turnover
NSE F&O 0.008% on Turnover
BSE CASH - DELIVERY 0.014% on Turnover
BSE CASH - TRADING 0.006% on Turnover
Therefore -
For SLF schemes:
Intra-day - 0.05% (Brokerage)+ 0.006% (Regulatory)
Delivery - 0.25% (Brokerage)+ 0.014% (Regulatory)
F&O - 0.06% (Brokerage)+ 0.008% (Regulatory)
MPS remains unchanged
For Non-SLF schemes:
Intra-day - 0.10% (Brokerage)+ 0.006% (Regulatory)
Delivery - 0.50% (Brokerage)+ 0.014% (Regulatory)
F&O - 0.10% (Brokerage)+ 0.008% (Regulatory)
MPS remains the same
STT -
Cash
Trading - 0.02 %, charged only on Sell
Delivery - 0.10 %, charged both on Buy and Sell
F & O - 0.0133 %, charged only on Sell.
Service Tax - 10.20%
Assuring you of the best of our services at all times. Please get back to us for any clarifications.
Warm Regards,
Kavita Choughule
Hope this info will be useful to all interested.