Hi thanks, there is no commitment on volume or anything and this is not prepaid scheme. This is flat brokerage.
And regarding the offer i simply called to inquired about the brokerage rate and the next day a sales rep visited me. He explained me various schemes i told i dont want since the rates are high. Later he came up with this plan. He further said if i can start the account with 1 lak he can give me morecheaper brokerage like 20rs for options and .20 for delivery