Sebi-Membership-Fees - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/tags/sebi-membership-fees/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usTue, 07 Apr 2026 00:00:00 +0000SEBI Annual Clearing Membership Fees for FY 2026-27https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-07-2aa122005db1ec73-sebi-annual-clearing-membership-fees-payable-by-the-clearing-members-for-the-fin/Tue, 07 Apr 2026 15:08:58 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-07-2aa122005db1ec73-sebi-annual-clearing-membership-fees-payable-by-the-clearing-members-for-the-fin/BSE/ICCL notifies clearing members of SEBI Annual Clearing Membership fees of Rs. 59,000/- (inclusive of 18% GST) for FY 2026-27, to be debited on April 22, 2026.bsecompliancemediummediummedium2aa122005db1ec73https://www.bseindia.com/downloads/UploadDocs/Notices/20260407-31/20260407-31.pdfsebi-membership-feesclearing-membersicclgstcompliancesettlementannual-feesequity-derivativescurrency-derivativescommodity-derivativesSummary

Indian Clearing Corporation Limited (ICCL) has notified all Clearing Members of the SEBI Annual Clearing Membership fees payable for the Financial Year 2026-27. The total fee of Rs. 59,000/- (Rs. 50,000/- base fee plus 18% GST) will be debited directly from settlement bank accounts on April 22, 2026.

Key Points

  • SEBI Annual Clearing Membership fee is Rs. 50,000/- plus 18% GST (total Rs. 59,000/-) per financial year
  • Applicable to Clearing Members in Equity Derivatives, Currency Derivatives, Interest Rate Derivatives, Debt, and Commodity Derivatives Segments of ICCL
  • Fees for Debt Segment are waived if the member already pays the fee as a Clearing Member in any other Derivatives segment
  • GST at 18% applies per SEBI Circular SEBI/HO/GSD/TAD/CIR/P/2022/0097 dated July 18, 2022
  • Late payment or non-payment due to member default attracts interest at 12% per annum for every month of delay or part thereof

Regulatory Changes

No new regulatory changes. This notice is issued under Schedule V of Securities and Exchange Board of India (Stock Brokers) Regulations, 1992 and references SEBI (Stock Brokers) Regulations, 2026 for the interest penalty clause.

Compliance Requirements

  • All Clearing Members must ensure sufficient funds are maintained in their respective segment’s settlement bank account(s) on or before April 22, 2026
  • Members with registrations across multiple derivative segments must pay the fee for each applicable segment (except Debt Segment exemption)
  • For clarifications, members should contact: iccl.membership@icclindia.com

Important Dates

  • April 22, 2026 (Wednesday): Debit of SEBI Annual Clearing Membership fees of Rs. 59,000/- from settlement bank accounts

Impact Assessment

This is a routine annual compliance obligation for all ICCL Clearing Members. The financial impact is a fixed cost of Rs. 59,000/- per applicable segment per member. Failure to maintain adequate funds on April 22, 2026 will result in a default and attract interest at 12% per annum on the unpaid amount. Members active in multiple segments (excluding the Debt Segment exemption) will incur the fee for each segment separately.

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