Revised Tariff applicable to Beneficiary Accounts on NSDL / CDSL
Effective dates : 1st April, 2005(Existing Clients), 12th March 2005 (New Clients)
Sr. No.
Particulars
Tariff
1
Annual Membership Charge
Rs.500/-
2
Purchase (Market & Off Market)
Nil
3
Sale (Market & Off Market)
0.05% (min. Rs.25/-) plus NSDL / CDSL charges
4
Custody Charges
Nil
5
Dematerialisation
Rs.3/- per certificate
6
Postage per Demat Request
Rs. 25/-
7
Rematerialisation
Rs.25/- per certificate
8
Postage per Remat Request
Rs. 25/-
9
Creation/Confirmation of Creation of Pledge
0.02% plus NSDL / CDSL charges
10
Closure/Confirmation of Closure of Pledge
0.02% plus NSDL / CDSL charges
11
Invocation of Pledge
Rs.50/- per txn.
12
Late Transaction Charges (per txn.)
Rs.10/-
Payment Options
Option 1: Client pays an Imprest of Rs.1000/- per depository account, which will be adjusted against depository charges. The Imprest option is payable by cheque/cash and is non-interest
bearing. The client undertakes to replenish the balance before it falls below Rs.250/-.
Option 2: Client authorises SHCIL to collect the dues through ECS facility
Notes :
Revised Tariff NOT applicable to NRI Accounts.
All the percentages in the above tariff would be applied on the value of the transaction as computed by NSDL/CDSL.
Annual Maintenance Charges are non-refundable and are levied upfront for a period of one year at the beginning of the year.
Late charges would be collected for all instructions received after 4 p.m. for same day execution or execution date as pay in date.
Transaction cum billing statements will be sent once a month, provided there is a transaction else once in a quarter.
Any extra statement would be charged @ Rs.15/- per statement for first 10 pages, thereafter it would be charged @ Rs.2/- per page. Alternatively, you may register on our site www.shcil.com to view your holding, transaction cum billing statements.
The rates depend on the existing NSDL/CDSL charges and will be revised on revision by NSDL/CDSL. The charges are also subject to revision by SHCIL.
Please note that in case we are unable to recover charges due to non-maintenance of adequate balances in the bank account/inadequate Imprest Account/ invalid bank account, depository services for your account will be temporarily discontinued.
Any request to resume the services will be charged Rs.250/- and the services will be resumed in a minimum of three working days from the date of receipt of request at SHCIL branch.
All taxes / levies / cess as applicable.
Stock Holding Corporation of India Limited Registered office - Mittal Court, 'B' Wing, 2nd Floor, 224 Nariman Point, MUMBAI 400 021 SitemapDisclaimer
