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Fees, Deposits & Networth Requirements

Membership Deposits, fees, Net Liquid Collaterals and Net worth requirement

Details Amount (in US$)
Application Processing Fees 500
Annual Membership Fees* – (For new members taking membership after April 2017 for the year April 2017 to March 2018) 1,000
Annual Membership Fees – (For members taking up membership from January 2018​) 10,000
Interest Free Deposit (refundable) 75,000
Details Amount (in INR)
SEBI Registration Fees* (applicable only for exclusive clearing membership) 50,000
SEBI Annual Clearing Membership Fees# 50,000

*For existing members no annual charges (for financial year 2017-18)
*The applicant will also have to pay one time SEBI Registration fee of INR 50,000/- by Demand Draft in favour of "Securities & Exchange Board of India" at the time of application

Networth requirement (as per LC Gupta format provided in Schedule VI of the SEBI (Stock broker and Sub brokers) Regulations, 1992 :

Particulars Self-Clearing Member (INR Crs.) Trading cum Clearing Member / Professional Clearing Member (INR Crs.)
Networth Requirement 5 10