As the name suggests this scheme enables an Investor to maintain demat account almost Free of Cost and Online trading facility in Equity & Derivative both at very competitive brokerage rates under single roof, which saves both time and transaction cost of an investor.

The Features of the Scheme are:

DEMAT ACCOUNT

	No Annual Maintenance Charges
	No Custody Charges
	No Transaction Charges in Demat A/c on Market trades with Abhipra
	No Credit Charges (Market / Off Market)
	Free Speed-e Facility (for Password users only) for one year
	Free Instruction Books
	Free access of I-Depository on www.abhipra.com

ONLINE SHARE TRADING - EQUITY AND FUTURES & OPTIONS

	Execution of trades by trained professionals.
	Facilitates trades in both equity & derivatives segment.
	Share Trading facilities with Multiple Exchanges i.e. BSE and NSE.
	Competitive brokerage rates.
	Free Access of Contract Notes on www.abhipra.com.

Conditions:

The deposit Amount under Cost Free Scheme is Rs.7500/-. Any new person can join Cost Free Scheme by depositing a sum of Rs.7500/-.The deposit will be under lock in period of multiple of one year which will be renewed for lock in period automatically after completion of one year.

The existing clients under the Cost Free Scheme are required to pay additional amount of Rs. 2500 by 30th June 2005. In case the balance amount of Rs.2500/- is not recd before the due date, an amount of Rs 150/- per annum will be charged towards AMC on the due date.

Further, in case of withdrawal of deposit in any other month during the year than the month in which a person had joined, a sum of Rs.600/- will be deducted out of Rs.7500/- towards service charges.

The existing clients under the Cost Free Scheme shall continue to enjoy all the benefits available under the scheme. The clients are free to convert their normal accounts to Cost Free Scheme provided the deposit of Rs.7500 is paid by them.

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