We, the Mithun Securities Private Limited are in the business of share broking and allied financial services. The client funds are kept in separate bank accounts and cannot be used except for the benefit of the client. We charge commission/brokerage on the basis of trade value as decided and agreed upon with the clients. The rate of such commission/brokerage can vary depending upon the volume, creditability, margin, standing, etc. The various services provided for onboarding the clients and maintaining their Demat Accounts are also on the basis of specific agreement with individual clients. The overall ceiling of brokerage etc. are governed by the SEBI / Exchanges whereas, certain out of pocket expenses, annual maintenance of Demat Account are decided by the company and are binding upon the users. As such there will be hardly any case where any refund will be payable to any user of this website. The company may offer Advance Brokerage Module depending upon various volume levels. Such advance brokerage is not refundable if client has done any transaction during that month/period. However, if there are no transactions, Mithun may allow one rollover to next month only.
Limit of Liabilities on Remittance of Funds in our Bank
Liabilities under this agreement are limited to the amount actually remitted OR Rs. 10 lac Whichever is less. There will be No liabilities with regards to consequences of Loss or Profit.