Tariff applicable for NRI Client Accounts (NRE/NRO) w.e.f 1st April, 2005
Overseas Communication Address
Indian Communication Address
Sr. No.
Particulars
NSDL/CDSL
NSDL/CDSL
1
Account Opening
NIL
NIL
2
Annual Maintenance Charges
Rs.1500/-
Rs. 750/-
3
Stamp Duty Charges (one time)
Rs.100/-
Rs.100/-
4
Kit and Courier Charges (one time)
Rs. 250/-
Rs. 150/-
5
Purchase (Market & Off Market)
Free
Free
6
Sale (Market & Off Market)
0.07% (Minimum Rs. 50/-)
0.07% (Minimum Rs. 50/-)
7
Custody Charges
Free
Free
8
Dematerialisation charges
Rs. 6/- per certificate
Rs. 3/- per certificate
9
Postage per Demat Request
Rs.25/-
Rs.25/-
10
Rematerialisation charges
Rs. 25/- per certificate
Rs. 25/- per certificate
11
Postage per Remat Request
Rs. 25/-
Rs. 25/-
12
Creation/Confirmation of Pledge
0.03%
0.03%
13
Closure/Confirmation of Pledge
0.03%
0.03%
14
Invocation of Pledge
0.02%
0.02%
15
Courier Charges for Dematerialisation
Will be charged at actuals by the Agents when the certificates are handed over to them
16
Initial Imprest
Rs. 2500/-
Rs. 1500/-
Notes :
Late charges would be levied for all instructions received within 24 hours of the execution date @ Rs. 75/- per instruction. Failed/cancelled trades will not be charged.
Transaction cum Holding statements will be sent every month, in case of any transaction recorded during that month. Else Holding statement will be sent every quarter.Any additional statement will be charged at Rs. 50/- plus courier charges at actuals for overseas address scheme and Rs. 15/- for Indian address scheme. Alternatively, you can view your holding , transaction and billing statements at http:\\www.shcil.com.
All the % in the above tariff would be applied on the value of transactions as computed by NSDL/CDSL.
The above rates depend on the existing NSDL/CDSL charges and will be revised on revision by NSDL/CDSL. The above charges are subject to revision by SHCIL.
Service Tax would be levied as per prevailing rates including any other cess or tax levied by the Government of India, in any other form.
Kindly provide us with ECS mandate to debit your bank a/c with the billing amount to avoid delayed payments and penalties.
Courier charges incurred by SHCIL for sending across individual packets containing shares, DIS books or any other documents shall be charged extra.
Stock Holding Corporation of India Limited Registered office - Mittal Court, 'B' Wing, 2nd Floor, 224 Nariman Point, MUMBAI 400 021 SitemapDisclaimer
