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Our Policies

We suggest you go through our policies carefully, and keep visiting for updates.

Terms & Conditions

We invite you to enjoy and participate in the many unique services and features offered on the website however, the use of the website is offered to you on your acceptance of the Terms of Use, our Privacy Policy and other notices posted on this website. Your use of this website or of any content presented in all areas of the website indicates your acknowledgment and agreement to these Terms of Use, our Privacy Policy and other notices posted on this website. It also reserves the right at its sole discretion to modify, add or remove any terms or conditions of these Terms of Use without notice or liability to you. Any changes to these Terms of Use shall be effective immediately, following the posting of such changes on this website. Your continued use of the website means that you accept any new or modified terms and conditions that are maintained. We would thus encourage you to re-visit the 'Terms of Use' link at our site from time to time to stay abreast of any changes that are introduced.

Partners Policy
  • Onetime ₹500 will be debited to Partner on every client onboarded as client onboarding charges.
  • Client onboarding charges (₹500/client) will be adjusted from the monthly payouts.
  • No sharing in any other charges debited to clients apart from mentioned in the pricing page.
  • Taxes as and if applicable will be deducted at source.
  • All calculations of brokerage and other incomes as mentioned in the pricing page will be done based on MACM records & settlements will be monthly i.e., within fifteen days after the end of the month. In case of difference in calculation of brokerage, consequent to a revision in brokerage charged to clients or otherwise the same would be adjusted/recovered in subsequent month.
  • All payouts will be computed & released monthly.
  • Payouts would be made post adjustment of uncovered debit (if any) pending in client’s ledger.
  • For GST registered partners, GST amount will be released in next payout cycle subject to GST invoice received in MACM prescribed format.
  • MTF (eMargin) and Margin Pledge sharing terms: If standard rate applied,5% payout from the interest rate, 80% interest payout beyond base if interest rate is modified/Customized (no sharing in base rate if modified)
Payout Structure
  • All payouts will be computed & released monthly.
  • Payouts would be made post adjustment of uncovered debit (if any) in client's ledger.
  • client onboarding charges (₹500/client) will be adjusted from the monthly payouts.
  • Payouts post deduction of TDS applicable.
  • For GST registered partners, GST amount will be released subject to GST invoice received in MACM prescribed format in next payout cycle.