Comment on Various Types of Accounts

Dinesh commented on 05 Aug 2016, 12:33 AM

Request clarification of queries from Account Opening Document.
I am referring to ZerodhaTDsep15.pdf document

Page 8 : Tariff Sheet says
Equity Delivery : Zero Brokerage

and at the end of the table
“Disclaimer: For Delivery based trades, a minimum of Rs. 0.01 will be charged per contract note”
What is meant by this Disclaimer.

Page 11 : Running Account Authorization
“7. All accounts with credit balances of Rs. 10000/- or lesser may be automatically retained and transfer of funds to the bank account may not be made as per SEBI circular”
Does this mean we need to maintain a minimum balance or Rs.10000?

Thank you

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