Merchant banker registration fees require initial, application, and continuing payments within prescribed deadlines through the online payment gateway.

Schedule II requires every merchant banker to pay a registration fee of twenty lakh rupees on grant of a certificate of registration, a non-refundable application fee of fifty thousand rupees for an application under sub-regulation (1A) of regulation 3, and a recurring fee of nine lakh rupees every three years from the sixth year to keep registration in force. Initial registration fees are due within fifteen days of intimation, while recurring fees are due one month before expiry of the paid fee block. All specified fees are payable online through the SEBI payment gateway.

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