Select an
Exchange

BSE NSE FNO
Company Info
 
 
 
   
 
 
 
BROKERAGE & INCENTIVE
GLOSSARY OF CHARGES


I. BROKERAGE CHARGES:
Please choose one from three options given below:

Option 1
NORMAL BROKERAGE OPTION (NBO)
Transaction Type Rate
Non Delivery (Cash Segment) 0.05%
Delivery 0.35%
FNO 0.10%
Option 2
UPFRONT BROKERAGE OPTION (UBO) Choice of 4 options
Standard Silver Gold Platinum
VALIDITY ONE MONTH
Brokerage payable upfront Rs.299/- Rs.499/- Rs.999/- Rs.3999/-
Transaction type:
Non Delivery (Cash Seg.) 0.035% 0.03% 0.025% 0.02%
Delivery 0.30% 0.25% 0.20% 0.16%
FNO 0.07% 0.06% 0.05% 0.04%
Option 3
TURNOVER BASED BROKERAGE OPTION (TBO)
Daily Turnover below Rs. 5.00 lacs 0.25%
Daily Turnover of above Rs. 5.00 lacs but less than Rs. 20.00 Lacs 0.15%
Daily Turnover of above Rs. 20.00 lacs but less than Rs. 50.00 Lacs 0.10%
Daily Turnover of Rs. 50.00 lacs and above 0.07%
Derivative Options
Rs.25 per Lot on single side i.e. positions squared off on same day, and both sides for carry forward positions
Currency Derivatives (CDs)
For Currency Future, brokerage is Rs. 15 /= per lot, levied on each trade leg. For Currency Option, brokerage is Rs. 5 /= per lot, levied on each trade leg.>
Brokerage for Penny stocks
For penny stocks (where sale/purchase value of the share is Rs 10/- or less), applicable brokerage shall be 1 paise per share irrespective of brokerage plan opted by the client.

For transaction value upto Rs.5715/- under delivery basis and upto Rs.40,000/- under non delivery basis,Brokerage shall be lower of Rs. 20 or maximum permissible brokerage as per the rules/regulations of stock Exchanges/SEBI per segment per exchange.The brokerage plan mentioned above in Tariff Sheet is applicable to transaction value exceeding Rs. 5715/- under delivery basis and Rs. 40000/- under non delivery basis.


II. ACCOUNT OPENING CHARGES FOR OLT (On-Line Trading):

Consolidated charges - Rs.200/- to be paid at the time of opening the account. (All-inclusive i.e. Power of Attorney and other expenses).

III. OTHER INFORMATION:
Client to indicate option selected in the 3 in 1 application form. However, if no option is exercised by the client, brokerage will be charged as per Option 1, by default.
Clients opting for Upfront brokerage have to necessarily remit applicable brokerage at the beginning of each month. By opting any of the scheme under this option client authorizes the Company to debit his account for the monthly upfront brokerage payable under respective scheme.
At the end of the validity period i.e. 1 month, minimum of the actual brokerage amount collected during the month or the upfront brokerage collected shall be refunded to the client.
For Delivery and Non Delivery transactions under NBO & UBO, brokerage shall be charged on both sides i.e. on purchase and sale side.
Under Turnover Based Brokerage Option (TBO), (option 3 above) Brokerage rate will be same for both delivery and non delivery transactions and the brokerage will be charged on both sides for Delivery & non delivery transactions.
Under TBO delivery and non delivery transactions will be clubbed together to determine the turnover per day. Further, the turnover (both buy & sell) is reckoned segment wise, Exchange wise.
Minimum brokerage per transaction day per segment, exchange wise shall be Rs.20/-.
Minimum brokerage for �Option� transactions made under F & O segment shall be Rs.25/- per lot or the actual brokerage as per the applicable rate furnished above. Further for F & O transactions, brokerage will be applied on single side i.e. sale side as furnished above, where the trades are squared off on the same day. For open positions carried forward, brokerage will be charged as stipulated above, on both sides i.e. buy and sell side.
Special Brokerage scheme for Active Option Traders Cost to clients opting for this scheme:- A flat Brokerage at Rs.10/- per lot per leg of trade plus Rs.500/- per traded day towards software charges Higher the lots traded per day, lower the effective cost per lot of option
For Currency Future transactions brokerage shall be charged at a flat rate of Rs.15/- per lot. Brokerage shall be charged on both legs of the trade
Processing charges for change of Option / Scheme for brokerage shall be Rs.100 per request.
Month in the context of brokerage options/schemes shall refer to calendar month. Part of a month shall be treated as a month.
Service Tax as applicable from time to time shall also be levied. (Current applicable rate is 12.36%).
All statutory levies like stamp duty, securities transaction tax, exchange turnover tax, SEBI turnover fees etc., shall be charged on actual basis.
"CANMONEY PROFIT"
Salient features of the Scheme:
a. Brokerage expended by the client to the extent of Rs.200.00 (application money) in the first 3 months from the date of opening the accounts is eligible for refund.
b. Client should trade on 5 days during the first three months from the date of opening the account.
c. Refund will be made at quarterly intervals to all the eligible accounts as at the end of every calender quarter.
d. Clients who have paid the application money are only eligible for refund under the scheme.
e. Employees of the Bank / Company are not eligible for the refund as they are covered under "CANMONEY WELCOMES YOU" SCHEME.
f. Applicable DP charges shall be recovered by the Bank from the clients.
 
Important Link: SEBI | BSE | NSE | RBI | CDSL | NSDL | MCX | NCXDEX | IRDA | AMFI | CANARA BANK
BSE: INB 011280238, BSE F&O: INF 011280238, NSE :INB231280232, F&O: INF 231280232, CDS: INE 231280232
MCX-SX-cash: INB261280235 ,MCX-SX-F&O:INF261280235, MCX-SX-CDS: INE261280235
Regd. & Correspondence Office Address :- VII Floor, Maker Chambers III, Nariman Point, Mumbai 400 021.
Compliance Officer: Shri K.V Kamath Phone: 022 22802422 Email : compliance@canmoney.in
For any grievance / dispute please contact stock broker Canara Bank Securities Ltd at the above address or email id : cbslserve@canmoney.in and phone No. 022-22802400.
In case not satisfied with the response, please contact the concerned exchange(s)/SEBI
(BSE) Email: is@bseindia.com Phone No. 022-22728097 or (NSE) Email: ignse@nse.co.in Phone No. 022-26598190 or (SEBI) Website : http://www.scores.gov.in

Best viewed in 1024 X 768 resolution IE 5.5 or higher. � 2011 Canara Bank Securities Ltd.
All rights reserved. Powered by : Dion Global Solutions Ltd.