Customers to compulsory have an active Equity trading account with 5paisa. Customers having only MF account will have to activate Equity segment in order to be eligible to subscribe to the paid plans.
Opting for Derivatives segment not mandatory. However, if the customers intend to avail of higher exposures, derivative segment activation may be preferred
Subscription for the product can be done using 5paisa Mobile App or Website only and the amount to be compulsorily paid through a valid Credit card.
Subscription charges are payable either Monthly or Annually.
Subscription amount, once paid is non-refundable.
New customer wish to open an A/c can subscribe our plan during A/c opening process and he will be charged Re.1 at the time of Account Opening.
Once the A/c is activated, the balance amount for the selected subscription would be charged to the customer.
For platinum users, Gold Wallet Credit and Referral Benefit would be processed only after the 1st successful subscription payment.
Similarly, Brokerage reversal for Free Trades would be processed after 30 days from the date of subscription.
Referral benefit will be based on the active plan at the time of actual activation date of the referred customer.
If the plan is upgraded or downgraded then for any activation post billing period referral benefit will be applicable as per the new plan irrespective of the date of referral.
Digital Gold and Free Trade benefits can be availed only one time i.e. at the first subscription of any particular option. The aforesaid benefits shall not be eligible for any upgrade or downgrade of the plan thereafter during the given financial year.