Policies & Terms
Account opening, tariff, DP charges, policies, privacy, terms of use and accessibility statement as per SEBI Circular dated 15 February 2023 and applicable regulations.
Procedure for Opening an Account
- Download and Complete the Account Opening Form
Obtain the account opening form (trading and/or DP) from our office or download below. Fill in all required sections: personal details, financial details, bank account details, nominee details and investment experience.
⬇ Download Client Registration Kit (PDF) 🌐 Forms in Vernacular Languages (NSE) - Submit KYC Documents
Self-attested copies of: PAN card (mandatory), proof of identity (Aadhaar / Passport / Voter ID / Driving Licence), proof of address, and a recent passport-size photograph.
- In-Person Verification (IPV)
Complete IPV through a physical visit to our office or via video call with a SEBI-registered intermediary, as required under KYC norms.
- Bank Account Linkage
Provide a cancelled cheque or bank statement for the bank account to be linked to your trading account.
- Agreement Execution
Sign the Rights & Obligations document, Risk Disclosure Document, and any other agreements required by SEBI / exchanges / CDSL.
- Account Activation
Upon successful verification, your trading account (UCC) will be activated on NSE / BSE and your demat account (BO ID) will be activated on CDSL. Credentials will be communicated to your registered email and mobile number.
Brokerage Tariff
I/We agree to pay Brokerage, Statutory Charges & other charges as per the Table below:
| Brokerage | Brokerage % | Minimum | Flat/Lot | GST, Stamp Duty, Exchange & SEBI Transaction Charges, STT & Other Statutory Charges | Trade Clearing Charges |
|---|---|---|---|---|---|
| A. Cash Market Segment | |||||
| Delivery | — | — | — | As per concerned Authorities | — |
| Square Off | — | — | — | As per concerned Authorities | — |
| B. Equity Derivatives Segment | |||||
| Futures | — | — | — | As per concerned Authorities | 0.00050% |
| Options (on premium) | — | — | — | As per concerned Authorities | 0.00500% |
| Delivery | — | — | — | As per concerned Authorities | — |
| C. Currency Derivatives Segment | |||||
| Futures | — | — | — | As per concerned Authorities | 0.00050% |
| Options (on premium) | — | — | — | As per concerned Authorities | 0.05000% |
Notes:
- Minimum Processing Fees of ₹30/- per Script / Instrument will be charged, in case Recovered Brokerage is less than ₹30/- per Script / Instrument, subject to SEBI Maximum Brokerage Limit.
- Auction Brokerage is to be charged @ 1% subject to minimum of ₹0.03 per share.
- Interest Charges is to be levied @ 0.07% as per calendar day on delay payment and 21% p.a. on shortfall of Margin Cash Component (50:50). Please refer our Policy and Procedure for more details.
DP Charges — Schedule of Charges
Cheques / Demand Drafts should be in favour of "Sankalp Share Brokers Pvt. Ltd."
| Service | Scheme A Security Deposit |
Scheme B AMC |
BSDA Clients |
|---|---|---|---|
| Account Opening / Closing | NIL | NIL | NIL |
| Annual Maintenance | ₹3000 (Refundable Security Deposit) | ₹300 p.a. | 0 – 4,00,000: NIL 4,00,001 – 10,00,000: ₹100/- |
| Debit from Account / MF Restat Charges or Redemption Charges | ₹15 | ₹15 | ₹15/- |
| Dematerialisation | Demat Charges ₹100 plus ₹2 per certificate plus ₹100 as courier charges | ||
| Dematerialisation Rejection | ₹100 per rejection | ||
| Rematerialisation | ₹10 per certificate plus CDSL charges plus ₹50 as courier charges | ||
| Rematerialisation Rejection | ₹50 per rejection | ||
| Pledge Creation | 0.02% of the Value (Minimum ₹50 per transaction) | ||
| Pledge Closure / Confirmation / Unpledge | 0.02% of the Value (Minimum ₹50 per transaction) | ||
| Freeze / De-freeze | ₹25 | ||
Notes
- Cheque / Demand Draft should be in favour of “Sankalp Share Brokers Pvt. Ltd.”.
- Sankalp Share Brokers Pvt. Ltd. reserves the right to change the above tariff by providing 30 days written notice and this will be binding on all.
- Clients must ensure that their name, Client/BO ID and Bill number is written behind every Cheque/Demand Draft deposited by them.
- Service Tax as applicable would be levied on the above charges.
- In case of any debit balances in Client’s name existing with the Company, DP is authorized to refuse to accept any type of instruction relating to transfer of shares from client’s account, till the clearance of such dues.
- ₹100 plus bank charges will be levied for any cheque dishonor, per instance.
- AMC Charges will be payable on upfront annually basis.
- Franking/Stamp charges will be applicable extra.
- Extra account maintenance charges for Corporate Account ₹500 p.a. (as charged by CDSL) with scheme applied.
- Additional charges of ₹150 per holder will be applicable for KRA registration/downloading.
- The Client agrees to pay the charges as set out herein above subject to any change therein from time to time and specifically authorizes DP to debit all type of dues/charges as set out herein above to client’s Trading Account code ________________ having with Sankalp Share Brokers Pvt. Ltd. In NSE and/or BSE Segment.
I/We accept (please tick): ☐ Scheme A ☐ Scheme B
Inactive Client Accounts Policy
- An account is inactive if there are no trades for a continuous period of 24 months.
- The broker shall send written notice to the client before classifying the account as inactive.
- The inactive account will be blocked for further trading until the client reactivates it.
- Reactivation requires re-KYC / FATCA and updated financial details if information is more than 3 years old.
- Funds in the inactive account shall be transferred to the client's registered bank account as per applicable regulations.
- Securities in the demat account linked to an inactive trading account remain in the client's ownership and are not affected.
Privacy Policy
In compliance with the Digital Personal Data Protection Act 2023 (DPDP Act) and the Information Technology Act 2000.
Data Collection & Use
We collect personal data (name, address, PAN, Aadhaar, financial information, contact details) necessary for providing broking and DP services, complying with regulatory requirements (KYC, AML/PMLA), and communicating with you about your account. Your data is used exclusively for account maintenance, trade execution, regulatory compliance, grievance resolution and account communications.
Data Sharing
We share your data only with: stock exchanges and CDSL as required for settlement and compliance; SEBI and other regulatory authorities as required by law; technology service providers under strict confidentiality obligations; and law enforcement agencies if required by applicable law.
Your Rights
Under the DPDP Act 2023 you have the right to access, correct, or request erasure of your personal data (subject to regulatory retention requirements). To exercise these rights, write to compliance@sankalpcares.com.
Data Retention
We retain personal data for a minimum of 5 years from the date of account closure, or longer as required by applicable regulations (SEBI, PMLA, Income Tax Act).
Terms of Use
- This website is for informational purposes only and does not constitute an offer or solicitation to buy or sell any securities.
- Reproduction in whole or in part without permission is prohibited.
- Sankalp Share Brokers Private Limited makes no representation as to the accuracy, completeness or timeliness of the information on this website.
- Links to third-party websites (exchanges, regulators, apps) are provided for convenience only. We are not responsible for the content of external websites.
- This website is governed by the laws of India. Disputes shall be subject to the exclusive jurisdiction of courts in Kolkata, West Bengal.
Disclaimer
Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
The information on this website is provided in compliance with SEBI regulations and does not constitute investment advice or a recommendation to buy or sell any security.
Sankalp Share Brokers Private Limited is registered with SEBI as a Stock Broker (Reg. No. INZ000285732) and as a Depository Participant with CDSL (Reg. No. IN-DP-CDSL-439-2008). CIN: U67120WB2004PTC100706.
Accessibility Statement
This website targets conformance with the Web Content Accessibility Guidelines (WCAG) 2.1 Level AA.
- All pages use semantic HTML5 elements including
<header>,<nav>,<main>,<footer>. - A skip-to-main-content link is provided for keyboard users.
- Font size can be adjusted using the A− / A / A+ controls in the header.
- A colour invert toggle is provided for users with visual sensitivities.
- Browser zoom is not disabled.
- Colour contrast meets the WCAG 2.1 AA minimum ratio of 4.5:1 for normal text and 3:1 for large text.
- All interactive elements are keyboard-focusable with visible focus indicators.
If you encounter any accessibility barriers, contact: compliance@sankalpcares.com. We aim to respond within 5 working days.