SBL Capital Management ltd SERVICES AND CHARGES

Sl. No. Present Features of our ID- G Account (Investors’ Discretionary General Account)
1 Eligibility to open Account: Any 2 Bangladeshi are eligible to open 3 Accounts, one account each in single name and the other in joint names
2 Operation of the Account: Accountholder or any operator nominated by the accountholder. Operator can be any person who has also maintained portfolio account(s) at SCML. Operator is eligible to operate maximum 5 nos. of portfolio accounts.
3 Documentation: 2 Passport size photographs, photograph of Account holder(s)/operator, photocopies of Voter ID/Passport, Bank Statement , e-TIN Certificate, 1 Passport size photo of nominee etc.
4 Minimum Deposit required: Tk. 20,000.00 (twenty thousand only)
Documentation Fee: Tk. 500.00 at the time of A/c opening.
5 Margin Loan Facility: As per Regulatory Guidelines and availability of fund
6 Interest on Margin Loan Facility: Presently @15% charged p.a.q.r. and subject to change from time to time
7 Withdrawal of Fund: By creating credit balance and keeping at least Tk. 10,000/- fund for keeping the account alive.
8 Closure of ID –G Account: Through selling off all holdings and offsetting all dues
9 Portfolio Management: 0.50% on the cost price or market price whichever is higher
10 Transaction and Settlement Fee: Normal circumstances @ Tk. 0.40/ Tk. 100.00
11 Composition of Portfolio: By the Account holder/operator through inclusion of shares from the primary and secondary market having strong fundamentals as per SCML approval list.
12 Portfolio Statement: As demand by the accountholders including everyday mail service.
Give us Feedback