NSE would charge a processing fee of Rs. 2,500/- on every application received and a renewal fee of Rs. 2,000/- p.a. (which is required to be paid at the time of renewal of limited purpose membership on a yearly basis).


A refundable deposit of Rs. 15,000/- is payable by individuals/partnership firms while a refundable deposit of Rs.25,000/- is payable by corporate applicants. 


On granting of limited membership to access NMF II platform, NSE would issue a certificate containing details of membership. Distributor would be required to display the certificate so issued at all the centers from where the customers are getting serviced.