UnderTraders Demat Account Scheme the client will be required to pay upfront Rs. 25000/- (Rs. Twenty Five Thousand only) towards interest free Security Deposit. The Deposit will be for a lock in period of multiple of one year. The Amount of deposit can be claimed by the client by giving a written request. The premature request for refund shall attract service charges of Rs 2000/- and the said amount shall be deducted from the deposit amount of Rs. 25000/-. The deposit amount received will be treated as margin for trading and an exposure equivalent to 5 times of deposit will be given.

The Features of the Scheme are:

DEMAT ACCOUNT

	No Annual Maintenance Charges
	No Transaction Charges on Market trades with Abhipra
	Rs. 10/- per transaction for Off Market Trades.
	No Demat Charges.
	Free Speed-e Facility (for Password users only)
	Free Instruction Books
	Other service charges & out of pocket expenses will be applicable as per price structure (As per Annexure A of DP Client Agreement executed.)

TRADING ACCOUNT

	Delivery Brokerage	0.2%
	Jobbing Brokerage	0.02%
	Securities Transaction Tax	As per the prevailing laws & Rules
	Service Tax	As per the prevailing laws & Rules
	Other charges (Stamp Duty + Turnover Tax)	0.01% on Turnover
	Intra Charges	NIL

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