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    <title>Amount to be paid as Fees</title>
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    <description>Fees payable by a custodian under the SEBI Custodian Regulations include an application fee, a registration fee, and a monthly fee based on the custodian&#039;s assets under custody, whichever is higher. The fees are payable by specified electronic modes. Monthly fee is payable within 15 days after each month ends, with proportionate liability for newly registered custodians and adjusted annual fee for custodians already registered before the amendment commencement. Each payment must be accompanied by a certified statement of assets under custody.</description>
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