Terms and Conditions are;

Navia reserves the absolute right to either to allow me or refuse the aforesaid facility (MTF) on any grounds whatsoever and I agree that I shall not dispute the result in any manner whatsoever,

The minimum criteria for availing this facility, I have to sign an MTF account with Navia and provide initial margin by way of Cash / Collateral as prescribed by SEBI/NSE.

All transactions in my Account shall be subject to the Margin Trading Funding rules, regulations, customs and usage of SEBI/ NSE.

Pursuant to my use of this facility, Interest shall be charged at 2% monthly (excluding the IGST) on the amount funded for the purchase of shares.

This facility is available only for that scrip that is traded in the segments of NSE and approved by Navia, and I cannot make purchases through any other exchanges.

The maximum credit limit for a client will not exceed 10% of the net worth of the company computed as per SEBI guidelines. However Navia reserves the right to reduce the maximum credit limit at any time without any prior intimation or assigning any reasons thereof.

The maximum single scrip funding limit for a client will not exceed Rs. 50 Lakhs where the scrip is part of CNX 100 and Junior Nifty collateral and will not exceed Rs. 25 lakhs where the scrip is not part of Nifty, CNX 100 and Junior Nifty collateral.

In order to avail margin trading, initial margin and maintenance margin required at all times shall be as prescribed by SEBI which is as under,

Category of Stock	Initial margin & maintenance margin as prescribed by SEBI	Initial margin and maintenance margin as set in trading platform
Group I stocks available,(F&O)	VaR + 3 times applicable ELM	VaR + 3.5 times applicable ELM
Group I stocks other than F&O stocks	VaR + 5 times ELM	VAR + 6 times ELM

MTM (Mark to Market) loss if any on the funded stocks, should be paid immediately under this funding facility.

Margin call will be initiated by Navia Markets Ltd, at any time if the client fails to meet the daily Mark to Market.

Losses and fails to maintain the required margin as per SEBI/NSE/NAVIA regulations as stated above.

The margin calls to the client shall be made in the form of SMS to the registered mobile number/ E-mail to the registered e-mail ID.

Upon the receipt of the Margin Call, I agree to bring additional amount within the specified time to cover the margin short fall and make good of such deficiency in the amount of margin placed with Navia.

Margin shortfall can be replenished by way of online fund transfer/ by depositing additional Collateral stock/ by transferring the funds from the normal trading account to the MTF account.

If there is a margin call on MTF account, and have credit balance in the Normal trading account, Navia reserves the right to transfer any clear credit balance from the Normal trading account to the MTF account. By agreeing to this terms and conditions you give Navia the explicit right to do this transfer without any intimation to you.

Navia at its absolute discretion, may liquidate, close out/sell shares, a part of or whole position, if I fail to meet the margin call made by the Company within the specified time, without prior intimation to me.

Margin Trade Funding allowed under this facility can be continued for a long period till it is terminated by you /Navia.

The brokerages and other regulatory charges etc. are applicable for each trade that is executed through the funding account.(MTF)

Navia shall at its sole discretion restrict the number of Securities available for purchases under the MTF facility.

Navia reserves the absolute right to change the above mentioned leverages/ exposures at any time without any further intimation.

If there are no transactions for 90 days in the MTF account and where MTF account is in credit then the same would be settled as per the running account settlement process.

Navia shall send the MTF trades / Collaterals / Margin requirements of the MTF trades to my registered e-mail id on a daily basis.

I shall lodge/protest any disagreement with any transactions done under the MTF facility, within 3 days from the receipt of the contract note.

The stock valuation of fully paid securities in the Collateral account will be determined by Navia, after applying the necessary haircuts (Var + ELM % as defined by Navia) from time to time.

Navia reserves the absolute right to withdraw this aforesaid facility at any time without giving any reasons thereof, and I shall not protest or take a stand against Navia.

Navia has full LIEN on Cash and Security balances in my trading account /depository account and Navia may sell such securities lying with this Demat Account. Any loss arising out of squaring off or sale of securities will be to my account and Navia will not be liable for any cost or damage or any consequences thereof.

If this MTF facility is granted to me, I shall have no right to revoke the POA or withdraw the Collateral, unless and until all the claims, demands, loss, damages, penalties and liabilities are settled with Navia.

Navia can terminate this MTF facility at any time if Navia surrenders MTF license/facility, or in the event of committing any breach of the terms & conditions of this agreement. In such conditions, Navia may liquidate the entire stocks/ margins and settle the dues and balance if any, shall be settled to my account.

MTF scheme charges of Rs. 500/- (excluding the IGST) per month are applicable for this MTF facility, however if the monthly interest charges are more than or equal to Rs. 1000/- , monthly schemes charges shall be waived off.

Nest trader (NT) or any other trading software as decided by the Company shall be provided for the trading in the MTF segment, but if at any time, if the client wants to use the advanced trading software ITS (INFINI Trader Solutions) for the MTF trading, then ITS charges & MTF scheme charges are applicable as per the prevailed rates.

By signing and agreeing to the terms and conditions of MTF, I give my explicit permission to move the MTF trades to my MTF account on a daily basis.

I have the right to terminate this facility if, at any time, Navia breaches its terms andconditions.

I agree that I have received the Risk Disclosure document, Rights & obligations, Policies, and procedures, and read, understood and accepted the same.

Navia and its officers, directors, employees, agents, and affiliates will have no liability with respect to the transactions in or for my Account and on my investment decisions.

More information and detailed FAQ’s on MTF are available in the following link http://support.tradeplusonline.com/solution/folders/1000228571

I understand the risk fully and agree on the cost associated with this product, and acknowledge that my transactions in MTF shall be fully governed by Navia, and with its absolute discretion, may liquidate/close out /sell of shares at such rate Navia may deem fit, and further agree to indemnify, and hold harmless Navia from any, and against all loss, damages, claims, liabilities, expenses and costs, due to such close out/squaring off the positions, if any.

The above terms and conditions are in addition to the signed and accepted KYC terms and conditions, Risk disclosures documents, Risk Management policies and policies & procedures at the time of account opening and which are prescribed by M/s Navia Markets Ltd from time to time.

The above terms and conditions are in addition to the signed and accepted KYC terms and conditions, Risk disclosures documents, Risk Management policies and policies & procedures at the time of account opening and which are prescribed by M/s Navia Markets Ltd from time to time.

CLIENT OBLIGATIONS

Client shall, in writing in his own hand or in any irrefutable electronic method, agree to avail of Margin Trading Facility in accordance with the terms and conditions of Margin Trading Facility offered by the broker, method of communication for confirmation of orders/trades, margin calls and calls for liquidation of collateral/security/position.

Client shall inform the broker of its intent to shift the identified transaction under Margin Trading Facility within the time lines specified by the broker failing which the transaction will be treated under the normal trading facility

Client shall place the margin amounts as the Stock Broker may specify to the client from time to time.

On receipt of ‘margin call’, the client shall make good such deficiency in the amount of margin placed with the Stock Broker within such time as the Stock Broker may specify.

By agreeing to avail Margin Trading Facility with the broker, client is deemed to have authorized the broker to retain and/or pledge the securities provided as collateral or purchased under the Margin Trading Facility till the amount due in respect of the said transaction including the dues to the broker is paid in full by the client.

Client shall lodge protest or disagreement with any transaction done under the margin trading facility within the timelines as may be agreed between the client and broker.

STOCK BROKER OBLIGATIONS

Stock broker shall agree with the client the terms and condition before extending Margin Trading Facility to such client. However, for clients who already have existing trading relationship and want to avail of Margin Trading Facility, stock broker may take consent in writing in his own hand or in any irrefutable electronic method after stock broker has communicated the terms and conditions of Margin Trading Facility to such existing clients.

The terms and conditions of Margin Trading Facility shall be identified separately, in a distinct section if given as a part of account opening agreement.

The mode of communication of order confirmation, margin calls or liquidation of position/security shall be as agreed between the broker and the client and shall be in writing in his own hand or in any irrefutable electronic method. Stock broker shall prescribe and communicate its margin policies on haircuts/ VAR margins subject to minimum requirements specified by SEBI and exchanges from time to time.

The Stock Broker shall monitor and review on a continuous basis the client’s positions with regard to MTF. It is desirable that appropriate alert mechanism is set up through which clients are alerted on possible breach of margin requirements.

Any transaction to be considered for exposure to MTF shall be determined as per the policy of the broker provided that such determination shall happen not later than T + 1 day.

If the transaction is entered under margin trading account, there will not be any further confirmation that it is margin trading transaction other than contract note.

In case of a market order, the Client agrees that he will receive the price at which his order is executed by the exchange’s computer system; and such price may be different from the price at which the security is trading when his order is entered into NAVIA’s Online Trading System.

The Stock Broker shall make a ‘margin call’ requiring the client to place such margin; any such call shall clearly indicate the additional/deficient margin to be made good.

Time period for liquidation of position/security shall be in accordance declared policy of the broker as applicable to all MTF clients consistently. However, the same should not be later than 5 working (trading) days from the day of ‘margin call’. If securities are liquidated, the contract note issued for such margin call related transactions shall carry an asterisk or identifier that the transaction has arisen out of margin call.

The daily margin statements sent by broker to the client shall identify the margin/collateral for Margin Trading separately.

Margin Trading Accounts where there was no transactions for 90 days shall be settled immediately.

The stocks deposited as collateral with the stock broker for availing margin trading facility (Collaterals) and the stocks purchased under the margin trading facility (Funded stocks) shall be identifiable separately and there shall not be any comingling for the purpose of computing funding amount;

Stock Broker shall close/terminate the account of the client forthwith upon receipt of such request from the client subject to the condition that the client has paid dues under Margin Trading Facility.