Consent for transferring shares from my DP a/c to ACMIIL Margin a/c
I hereby authorise you to transfer shares from my DP ID Number _______________ to ACMIIL margin a/c towards collateral. I understand that the valuation of shares transferred will be adjusted against Margin requirement for the trades to be done by me in Cash or Derivative segment.
I hereby declare that whenever I want to sell shares that are lying in margin a/c, I will inform you before such selling.
I hereby declare that I am fully aware of the risks involved in giving such an authority and indemnify Asit C. Mehta Investment Interrmediates Limited (ACMIIL), its associates, its directors and employees, from any loss, damage, claims, liabilities, charges, costs or expense that may arise or be caused or result from the above as well as any instructions/requests placed.
I further agree that in such cases, I will have no claim whatsoever against Asit C. Mehta Investment Interrmediates Limited (ACMIIL).
Note : Shares will be auto transferred from client’s default DP id only.
Securities, which are acceptable by the exchange as collateral, will be taken for margin after deducting haircut of Minimum 25%.
1. For Active Clients
|Plan||Base Rate (Rs.)||GST (18%) (Rs.)||Total Payable (Rs.)||Free transactions per Annum|
2. All Inactive customers having AUM 10 lakh (as on 30.09.2017) and above will be charged on "AUM based plans" as follows:.
|AUM valuation less than Rs. 10 lacs||Will be charged as per "Active clients" slab at point no. 1|
|AUM valuation between Rs. 50 lacs to Rs. 3 cr||Rs. 3000/- + GST = Rs. 3540/-|
|AUM valuation between Rs. 10 lacs to Rs. 50 lacs||Rs. 5000/- + GST = Rs. 5900/-|
|AUM valuation above Rs. 3 cr||Rs. 8000/- + GST = Rs. 9440/-|
There will be no free transaction for this category and per transaction fee will be charged as specified in this circular as per table in point 4. large Inactive clients are identified bt ACMIIL on objective criteria. in event the account becomes active during 2018-19, 50% of the charges (excluding taxes) will be refunded at the year end.
3. Customers who are inactive and have NIL holding will be charged RS. 250/- as depository charges. please complete the account closure process to stop further levy of DP charges.
4. Other charges will remain the same as indicated in the earlier circular. Same are produced below for information.
|Heading||Charged Rs. (excluding taxes)||Charges Detail|
|Demate Processing||Rs. 200/- per certificate||In case of handover of Demat request to local office courier charges at actual to be paid locally|
|Pledge||Rs. 100/- per scrip|
|Unpledge||Rs. 100/- per scrip|
|Transaction charges (buy side)||NIL|
|Transaction charges (sale side)||Rs. 40/- per scrip||These charges are applied for every sell transaction over and above freetransaction as stated in the applicable DP slab above|
|Transaction charges - Off market and Inter DP transfers||Rs. 100/- per scrip|