Banker-to-an-issue registration fees require timely grant, continuing-registration, and application payments through the prescribed online gateway. Schedule II requires every banker to an issue to pay twenty lakh rupees when granted a certificate of registration and nine lakh rupees every three years ... Summary
Banker-to-an-issue registration fees require timely grant, continuing-registration, and application payments through the prescribed online gateway.
Schedule II requires every banker to an issue to pay twenty lakh rupees when granted a certificate of registration and nine lakh rupees every three years from the sixth year to keep registration in force. The grant fee is due within fifteen days of intimation under regulation 7(1), while the periodic fee is due one month before the paid block expires. A non-refundable application fee of fifty thousand rupees accompanies a registration application. Each fee head must be paid by direct credit through the online payment gateway.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.