Revised Charges Schedule for I-Trade

Dear Valued Customer

Angel One Limited would like to bring to your attention that the pricing levied by Angel One for trades undertaken on the Angel One platform have been revised as follows:

1. Interest on outstanding dues under Margin Trading Facility (MTF) shall be revised to 14.99% per annum chargeable fortnightly, effective on and from 1^st November 2024.

2. Brokerage and other commercial pricing revisions (collectively, “Revised Commercial Charges”) effective on and from 15^thNovember 2024

a) Annual Maintenance Charges of INR60/quarter for Non-BSDA accounts from 2^nd year onwards

b) Cash Collateral Margin Shortfall in excess of INR 50,000: Interest charge of 0.0342% per/day

50-50 Split

With a view to ensure better risk management and financial stability in the market, SEBI has notified SEBI Margin Rules as per which the stockbrokers are required to ensure that a minimum of 50% of the total margin required from a client is in the form of cash or cash equivalents. The remaining 50% of the margin can be in the form of pledged securities or cash equivalents or cash. Accordingly, you are required to provide 50% of the total margin in the form of cash or cash equivalent and you may provide the remaining 50% margin in the form of pledged securities or cash equivalent or cash, as you may deem fit.

Interest Charges to be levied by Angel One

For cash or cash equivalent margin shortfall exceeding INR 50,000, interest of 12.5% annual (or 0.0342% per day) shall be charged on the excess amount.

Peak Margin Shortfall

Interest shall be charged on the peak margin shortfall i.e. even if a margin shortfall occurs only for some time during the trading day and the position is squared off at the end of the day.

Example:

If total margin requirement is INR 2,00,000 on your trade, you need a minimum of INR 1,00,000 in cash or cash equivalents (Ledger cash, Liquid Bees, Certain Debt Mutual Funds etc). You can contribute the remaining INR 1,00,000 in pledged securities and/or cash equivalents. If the cash or cash equivalent available in your account is less than INR 1,00,000, you shall be charged interest on the remaining amount in excess of INR 50,000 of cash shortfall that is provided by Angel One.

c) Cash / Equity Delivery Charges: Brokerage charges shall be levied at flat INR 20 or 0.1%+ GST whichever is lower per executed order (minimum brokerage of INR 2 shall be levied)

By continuing the use of our platform, it shall be deemed that you have consented to the levy of the Revised Interest on Outstanding Dues under MTF for trades undertaken on and from 1 November 2024 and the levy of the Revised Commercial Charges for trades undertaken on and from 15^th November 2024.

In case of any queries, please write to support@angelbroking.com on or before 14^th November 2024 In the event: (i) no communication is received from you by the 14th November 2024, or (ii) you continue using our platform despite having raised any query, it shall be deemed that you have consented to the levy of the aforesaid pricing changes for trades undertaken on and from 1 November 2024, and 15^th November 2024, respectively, as stipulated above.

We are determined to provide you our services with utmost transparency and efficiency.

Thank You,

Angel One Limited