Interested in Membership Click Here for more details
BSE Limited is admitting Deposit Based Membership (Trading Memberships) on its "Equity and Equity Derivatives Segment". BSE invites applications from all over the country against a deposit of Rs. 10,00,000 (Rupees Ten lakhs only).
To know more about the membership click here Membership Manual.
To apply for Trading Membership of the "Equity and Equity Derivatives Segment" of BSE prospects may send their applications in writing in a sealed envelop marked "Offer for Deposit Based Membership" and addressed to the Chief General Manager, Member/Institutional Sales Dept., BSE Limited, 15th Floor, P.J. Towers, Dalal Street, Mumbai 400 001. The format of the application can be downloaded from the link here: Specimen Offer letter
The application form in the prescribed format, complete in all respects should be accompanied by a Demand Draft/Pay Order for Rs. 1 lakhs (Rupees one lakhs only) drawn in favor of "BSE Limited" towards earnest money deposit on which no interest will be payable.
The applicants whose offer is accepted by BSE shall be required to complete the documents at the earliest. The applicant has to pay the balance amount after he receives the SEBI registration certificate but before the commencement of business.
The complete application forms, for procuring SEBI registration certificate in Equity and Derivative segments can be downloaded from the alongside link Application Booklet
Once the documents are sent to SEBI, the member can simultaneously start working on completing the commencement formalities. To download the commencement manual you can go through the link here: Commencement Manual.
| Particulars |
For Corporate & Individual |
| Cash Market and Futures & Options Trading |
Refundable / Non Refundable |
Exposure for trading margin |
| Deposit for DBM Membership (Cash) |
10,00,000/- |
Refundable |
Yes |
| Base Minimum Capital (Cash) |
1,25,000/- (cash)
8,75,000/ (FDR/B.G/Cash) |
Refundable |
No |
| Trade Guarantee Fund (Cash/BG/ FDR) |
10,00,000/- |
Refundable |
Yes |
| Admission Fees (Cash) * |
5,000/- |
Non Refundable |
No |
| Initial contribution towards Trade Guarantee Fund (Cash) * |
10,000/- |
Non Refundable |
No |
| Annual Subscription (Cash) * |
25,000/- |
Non Refundable |
No |
Note:-
- Admission Fees will be Rs. 5,000/- if member applies in both Equity and Equity Derivatives Segment, and if member applies in only Equity segment Admission fees will be Rs. 2,50,000/-
- * Service Tax @ 10.30 % will be additionally levied on these charges.
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