Charges

What are the charges for pledging and unpledging?

Margin Pledge: Client with POA / DDPI to Religare Broking Limited

Margin Pledge Creation: Rs. 10/- per transaction
Margin Pledge Release (Religare Broking Limited Initiated) : Rs. 10/- per transaction
Margin Pledge Release (Client-Initiated) : Rs 20/- per transaction

Margin Pledge: Client without POA / DDPI to Religare Broking Limited

Margin Pledge Creation : Rs. 15/- per transaction.
Margin Pledge Release (Religare Broking Limited Initiated) : Rs 15/- per transaction.
Margin Pledge Release (Client-Initiated) – Rs. 30/- per transaction

What are Account Maintenance Charges?

REGULAR DEMAT ACCOUNT
1. NORMAL - Rs. 400. p.a.(Payable upfront on a monthly basis)
2. BANDHAN - NIL AMC on providing Refundable Interest free Security Deposit of Rs.3000/-
3. BIMA - NIL AMC with Non-refundable one time subscription fee of Rs.1999/- (Exclusive of Taxes)

Note: In case of corporate account, AMC (as per scheme selected above) plus applicable statutory charges (currently Rs.500/- AMC as charged by NSDL/CDSL) would be additionally levied.
BASIC SERVICE DEMAT ACCOUNT (BSDA)
1. Holding Value for Debt Securities up-to Rs.1 Lac & for other than Debt securities Rs.50000 – NIL AMC
2. Holding Value between Rs.1,00,001 to Rs.2 Lacs for Debt Securities & Rs.50001 to Rs.2 Lacs for other than Debt securities - Rs.100/- p.a AMC
3. Holding Value of Debt securities or other than Debt securities exceeds Rs.2 Lacs at any date, shall be charged as per Normal Scheme of Regular Demat Account.

How many AMC schemes Religare has?

REGULAR DEMAT ACCOUNT
1. NORMAL - Rs. 400. p.a.(Payable upfront on a monthly basis)
2. BANDHAN - NIL AMC on providing Refundable Interest free Security Deposit of Rs.3000/-
3. BIMA - NIL AMC with Non-refundable one time subscription fee of Rs.1999/- (Exclusive of Taxes)

Note: In case of corporate account, AMC (as per scheme selected above) plus applicable statutory charges (currently Rs.500/- AMC as charged by NSDL/CDSL) would be additionally levied.
BASIC SERVICE DEMAT ACCOUNT (BSDA)
1. Holding Value for Debt Securities up-to Rs.1 Lac & for other than Debt securities Rs.50000 – NIL AMC
2. Holding Value between Rs.1,00,001 to Rs.2 Lacs for Debt Securities & Rs.50001 to Rs.2 Lacs for other than Debt securities - Rs.100/- p.a AMC
3. Holding Value of Debt securities or other than Debt securities exceeds Rs.2 Lacs at any date, shall be charged as per Normal Scheme of Regular Demat Account.

What are Call & Trade Charges?

Offline order charges: Rs.10 (Maximum Rs.50 per day/ per segment/ per exchange)
Physical communication: Rs.20 (maximum Rs.100 per day/ per segment/ per exchange) or as per product plan terms

When will Delayed Payment Charges (DPC) be charged?

The Delayed Payment Charges (DPC) are applied to the client’s non-MTF ledger if the client fails to clear the obligation by the settlement date. Obligations include debit balances arising from purchased securities, mark-to-market losses, margins, etc. Further the Interest is charged in the Margin Trading Facility (MTF) ledger of the client against the funded position or the MTF ledger debit balance, whichever is higher. Both DPC & Interest are calculated daily but are posted to the client ledger on monthly basis.

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