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Margin Pledge Charges

MARGIN PLEDGE CHARGES

Dear Valued ClientGreeting of the day!
Thank you for your continued patronage and trust in Nirmal Bang.

In continuation to our communication in accordance SERI Circular No. SEBI/HO/MIRSD/DOP/CIR/P/2020/28 dated February 25, 2020 in connection with the Pledge and Re-Pledge of securities with Clearing Member / Clearing Corporation.

Please find charges related Margin Pledge Initiation and Release of Securities.
Type Charges (POA Clients) Charges (Non-POA Clients)
Margin Pledge Creation/Initiation INR 10.00 (Per Transaction) INR 20.00 (Per Transaction)
Margin Pledge Release INR 10.00 (Per Transaction) INR 20.00 (Per Transaction)
Warm Regards
Nirmal Bang Securities Private Limited