ING DEMAT ACCOUNT SERVICE CHARGES AND FEES

Account opening Charges – Nil

Annual Membership Fee (AMF) Payable in advance and non refundable. Chargeable every year on all accounts as at the close of March. of March.

For Individual Accounts. – Revised AMF for Individual Accounts: Category
1. Rs.300/- PA [For clients receiving statement cum Bill by e-mail plus recovery of DP charges through Standing Instruction to IVBL account.]
2. Rs.350/- PA [For clients opted recovery of DP charges through Standing Instruction to IVBL account.]
3. Rs.1000/- PA [For clients neither opted receiving statement by e-mail nor recovery through IVBL account.]

For Corporate Accounts – Revised AMF for Individual Accounts: Category
1. Rs.500/- PA (For clients receiving statement cum Bill by e-mail plus recovery of DP charges through Standing Instruction to IVBL account.
2. Rs.600/- PA [For clients opted recovery of DP charges through Standing Instruction to IVBL account.]
3. Rs.2500/- PA [For clients neither opted receiving statement by e-mail nor recovery through IVBL account]
April 09 onwards: Opened in the 1 half year – till September full year AMF. Opened in the 2 half year – October to March 50% of AMF.

Market & Off-Market Transactions :
Buying – NIL
Selling (including Inter Depository) – 0.04% of Market Value with a minimum of Rs.15/- per transaction subject to maximum of Rs.5000/- per transaction plus NSDL charges in force for Individual Accounts; maximum of Rs.10000/- per transaction plus NSDL charges in force for Corporate Accounts

Demat Charges – Rs.4/- per certificate (Re.3/- in case number of Certificates exceed 500 per request) and mailing charges of Rs.35/- per request.

Remat Charges – Rs.50/- per certificate and mailing charges of Rs.35/- per request plus NSDL charges in force.

Pledge Charges :
Creation – 0.04% of Market Value with a minimum of Rs.50/- per transaction subject to a maximum of Rs.5000/- plus NSDL charges in force for Individual Accounts
Closure & Invocation – 0.04% of Market Value with a minimum of Rs.50/- per transaction subject to a maximum of Rs.10000/- per transaction plus NSDL charges in force for Corporate Accounts.

Securities Lending & Borrowing –
Lending – Rs.50/- per transaction.
Borrowing – Rs.50/- per transaction plus NSDL charges.

Additional Statement / bill over and above monthly / quarterly statement – Rs.5/- per page (Minimum of Rs.35/-) .

Late Transaction Fee (for market trades submitted on the Pay-in date of the settlement) – Rs.100/- per transaction.

Service Charges for non-payment of bills within due date. – 18% p.a. with monthly rests.

Renewal charges for resuming the depository operations in case of suspended DP accounts for non-payment of dues – Rs.150/- per account.

Cheque bouncing charges – Rs.200/- per transaction.

Additional DI Book charges – Rs.10/- for 10 leaves plus Rs.25/- Courier if the DI Book is to be forwarded through courier.