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of <h1>Applications Under Rule 3 of Securities Contracts Rules, 1957 Require 500 Fee Submission to Government Treasury or RBI</h1> Every application under Rule 3 of the Securities Contracts (Regulation) Rules, 1957 requires a fee of five hundred rupees. This fee must be deposited in the nearest Government treasury or State Bank of India branch. In the cities of Bombay, Calcutta, Madras, Delhi, and Kanpur, the fee is to be deposited with the Reserve Bank of India. The deposited fee is credited to the receipt head 'XLVI- Miscellaneous-Other fees, fines and forfeitures.'
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