Schedule A
Schedule A
INDUSIND BANK LIMITED
AJ-INDIVIDUALSonawalla Building, 57, Mumbai Samachar Marg
AE-CORPORATEFort, Mumbai - 400 001. Email: [email protected]
Board: 5636 6580 83 Fax: 5636 6587
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Depository Services CDSL (DP ID 029500)
Fee Schedule for Depository Services (Normal Investor
Beneficiary Account CDSL) W.E.F 1ST FEBRUARY 2003
Sr. No.Fee HeadFeesMinimum
1.Account OpeningNIL---
2.DematerialisationRs. 3/- per certificate, plus Rs. 25/- per
Demat Request for courier charges---
3.RematerialisationRs.15/- per Certificate---
4.Transaction Debit / Credit0.02% of the value of the
transaction.Rs. 15.00
5.Account Maintenance Charges
(Annual Charges)Rs. 860/- per demat account per annum, for
Corporate
Rs. 360/- per demat account per annum for others---
6.Pledge Services( Pledge Creation & Confirmation /Pledge
Closure & Confirmation & Pledge Invocation)0.02% of the
value of the shares, if favoring IndusInd Bank Ltd.
0.05% of the value of the shares, otherwiseRs. 25.00
7.Asset HoldingNIL---
8.Mailing Charges for non periodic statements and other
communicationRs. 25/- per request for inland address
Rs. 500/- per request for foreign address
---
9.A/c closureNIL---
10.Commercial Paper Buy / SellNIL---
11.Debt Market Buy / Sell0.02% of the value of the transaction.
Maximum Rs.300/----
Customers are advised to have a banking relationship with
IndusInd Bank and provide a debit authorization for the recovery of
service charges.
The fee includes the depository charges wherever applicable.
The above charges / services are subject to revision at the
discretion of the Bank and any revision will be notified by
ordinary post, and binding on the clients.
Value of the transaction will be in accordance with rates
provided by CDSL.
Charges quoted above are for the services listed. Any service
not quoted above will be charged separately.
All the holders must sign operating instructions for the joint
accounts.
All instructions for transfer must be received at the designated
branches of the Bank at least 24 hours before the execution
date
Transactions Include Market / Off Market / Inter-Depository
transactions.
For late instructions, the service conditions and additional
charges are as under:
Instruction
Receipt DateIn MumbaiPlaces other than
MumbaiRemark
On the execution date0.25% on the value of the transaction,
minimum of Rs.25/- per instruction)0.50% on the value of the
transaction, minimum of Rs.25/- per instruction.Accepted only at
Client's risk
Please note that in case we are unable to recover the service
charges due to non maintenance of adequate balances in the bank
account or inadequate advance fees, then the demat account will be
frozen for operations. Service charges for the delayed period
against the outstanding will also be levied. Any request to resume
the service will be charged Rs.100/-.
I/We have accepted the Schedule A as stated hereinabove. We have
chosen to open our Banking account with IndusInd Bank Ltd. for
debiting depository service charges.
(To be signed by all the holders as an acceptance)
