Standard Terms & Conditions
Registration charges:
6900 For Equity & 1150 for Commodity ( Rs 2300 each for BSE, NSE and NSE F & O and Rs 1150 for MCX).
Deposit:
Cheque worth Rs 50,000 or shares worth Rs 1 lac.
Deposit is refundable ( without interest ) in case of franchisee closure .
Account Opening Charges:
Nil Charges for 6 months for any new franchisee.
Then on Annual Maintenance Charge (AMC) of 250+ tax*.
Free Life time demat account on payment of Rs 999 + tax* .
Trading & Back Office Software:
Odin Software is provided to sub broker as a trading platform.
Odin charges are 250 per id, per segment, per month Online clients are provided with free diet Odin software for trading.
We also provide mobile trading by Application.
Connectivity:
Odin can be commenced through Internet broadband with a speed of 256 mbps or 512 mbps..
Marketing Support:
We provide our channel partners with their visiting card and a Glow Sign Board to create their own identity.
We provide our channel partners with their visiting card and a Glow Sign Board to create their own identity.
Pay - in & Pay - out:
We have bank affiliation with leading banks like HDFC, SBI, ICICI, BOB and many more..
Clients can do fund pay in and pay out directly through online gateway.
As a regular practice sub brokers payout is always directly credited to sub brokers bank A/C*.
Ratio sharing:
We provide 70-30 ration sharing to franchisees means 70 % to Authorized person and 30 % to MSBPL.
This ratio can be changed as per individual requirement.
Documentations:
Pan Card - Education proof - Address proof - 2 Photo graphs - 2 Cancelled cheques deposit and registration cheque on the name of “MARFATIA STOCK BROKING PVT LTD."/"MARFATIA COMMODITIES PVT LTD".
Trade Confirmation:
We provide trade confirmation and ledger balance through sms on registered mobile number of the clients . as well clients get ecn contract notes daily on their registered email ids and also hard copy of contracts can provided on demand.
Research Facility:
We provide Research tips absolutely free directly on client's mobile as well as on odin. We also provide our in-house research report to our client.
