Modern Shares & Stockbrokers Ltd - Share Price

1. The promotional offer for Free Demat and Trading Account is valid for all accounts activated between November 1st 2020 To November 30th 2020 only.

2. *Demat and Trading Account opening fee worth Rs. 250 which is one-time payment will be waived off if account is activated between November 1st 2020 To November 30th 2020.

3. If the account is activated between November 1st 2020 To November 30th 2020, 100% of brokerage generated within 15 calendar days from the date of account opening would be refunded to the customer in the form of ledger credit as per the applicable offer at the time of account opening. (Note: Maximum Brokerage Reversal would be up to Rs. 1,000/-. The reversals will be done on the 15th of the next month.) (This offer shall be referred to as the “100% brokerage refund offer”)

4. Margin transfer (Funds for investing) should be done within first 15 Days of account opening to receive the benefits on brand vouchers.

5. You will receive benefits worth Rs.10,000/ Rs.5,000/ Rs.1,500 basis the margin amount transferred of Rs. >10,000/ >5,000/ >1,000 respectively.

6. You will receive 500/ 300/ 100 reward points. You have to download Epic One Rewards App and register with same mobile number and redeem your points to get benefits worth Rs.10,000/ Rs.5,000/ Rs.1,500 respectively.

7. You will receive benefits on brand vouchers within 30 days of account opening if criteria mentioned in 4th point is satisfied.

8. Only brokerage will be credited and other statutory charges like STT, Stamp Duty, Transaction charges, GST and other charges will be levied separately as applicable.

9. Client must be active as a Client of IIFL, at the time when brokerage is credited.

10. IIFL reserves the rights to withdraw this scheme any time before the validity period mentioned and the same shall be communicated through email.

11. In case of any dispute, the decision of IIFL management will be final and binding.

12. This scheme is independent and is not to be merged with any other offer or schemes.

13. Please note that by submitting the contact details, you are authorizing IIFL to contact you and send promotional communication even though you may be registered under National Do Not Call Registry established under the Telecom Unsolicited Commercial Communications Regulations, 2007 or registered or may register under the National Customer Preference Register established under new regulation viz the Telecom Commercial Communications Customer Preference Regulations, 2010

14. This offer is only valid for New clients in Online Channel only

15. If the account is transferred to any branch/franchise/remisser after opening in online branch; all the above mentioned schemes and offers will not be applicable

16. This offer is not applicable for Franchise or Franchise clients.Account would be open after all procedure relating to IPV and client due diligence is completed.Accounts would be open by using esign and all proofs would be collected in soft form.