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DEMAT CHARGES : ORIENTAL BANK OF COMMERCE-ERSTWHILE GLOBAL TRUST BANK LTD


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  ORIENTAL BANK OF COMMERCE-ERSTWHILE GLOBAL TRUST BANK Ltd
Account opening NIL 
Advance/Deposit NIL 
Account Maintenance Rates-securities demat ac Individual and Others-Client maintaining SB/CA A/c Rs.300/-. Client not maintaining SB/CA A/c Rs.360/-(for coporate clients addl AMC of Rs.500/- payable to CDSL charged) 
Demat Rate structure for securities depository account Individual and others – Rs.40/- per request 
Remat Rate structure for securities depository account Individual and others – Rs.25/- per certificate 
Transaction (Debit) Rate structure for securities depository account Individual and others – 0.02% of value minumum Rs.23/- (Debt market – 0.02% Minimum Rs.23/- Maximum Rs.200/-) (Commercial paper – Debit Rs.100/-) 
Pledge Creation Rates for securities depository a/c Individual and others-Rs.50/- 
Pledge Creation confirmation Rates for securities depository a/c Individual and others-Rs.50/- 
Pledge Closure Rates for securities depository a/c Individual and others-Rs.50/- 
Pledge Closure confirmation Rates for securities depository a/c Individual and others-Rs.50/- 
Pledge Invocation Rates for securities depository a/c Individual and others-Rs.50/- 
Failed instruction charges  
Other charges; if any Rate structure for securities depository account Individual and others – 1)Ad-hoc TCH (per account per page) Rs.10/- 2)All other charges levied by CDSL will be charged on actual basis 
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1 Comment »

  1. pradeep savarala said,

    October 20, 2010 @ 4:30 pm

    Account Opening Details

    Account opening Charges (Lifetime Free Account),

    Brokerage Charges

    Intraday : 0.03 per Rs 100,
    Delivery : 0.30 per Rs 100

    Service Tax : 12.26 % on Brokerage charges
    Turnover Tax : 0.006 % on Turn over
    STT : 0.125 % on Turn over
    Stamp duty : 0.020 % on Turnover

    Exposures (Depends Upon Market Volatility)

    Intraday : Default 12 Times
    Maximum 24 Times (Minimum cheque Rs.50,000 Has to give)
    Min 2 Times

    Margin : 1:1

    Cash Margin: 3 Times ( Minimum Above Rs 50,000)

    We Won’t Charge AMC (Annual Maintenance Charges (i.e. Lifetime free))

    Thanks & Regards,

    S. PradeeP
    9666242157
    Relationship Manager.
    Indiabulls Securities Ltd

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