DEMAT CHARGES : INNOVATE SECURITIES PVT LTD

Filed under Demat Charges December 12, 2007 at 4:13 pm

INNOVATE SECURITIES PVT LTD
Account opening	Rs. 120
Advance/Deposit	Rs. 100 to Rs. 500
Account Maintenance	Rs. 240 (Rs. 60 Per Qtr.)
Demat	Rs. 3 (Per Certificate) + Rs. 25 Postage
Remat	Rs. 3 (Per Certificate) + Rs. 25 Postage
Transaction (Debit)	Rs. 20 (Rs. 15 for In-house Market Transaction) per ISIN
Pledge Creation	0.02% of the value of Value of Securities Minimum Rs. 50 per ISIN
Pledge Creation confirmation	NIL
Pledge Closure	0.02% of the value of Value of Securities Minimum Rs. 50 per ISIN
Pledge Closure confirmation	NIL
Pledge Invocation	0.02% of the value of Value of Securities Minimum Rs. 50 per ISIN
Failed instruction charges	Rs. 20 (Rs. 15 for In-house Market Transaction) per ISIN
Other charges; if any	NIL
Remarks	1. Annual maintenance charges have to be paid prorate for remaining quarters in advance up to the end of financial year for cororate; the AMC shall be Rs. 750 per year 2. Service tax would be levied

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