Global IME Capital Introduces Revamped Lifetime Renewal Scheme for Demat And MeroShare

Wed, Feb 14, 2024 11:44 AM on Latest, Corporate,

Global IME Capital Limited has issued an urgent notice regarding the operation of beneficiary accounts and the lifetime renewal scheme for Demat and Mero Share. Currently, customers pay Rs. 100 and Rs. 50 to open beneficiary accounts and avail of Mero Share services, with an annual renewal requirement.

To streamline the process, a new plan has been introduced, effective from 1st Falgun 2080. Under this plan, customers can make a one-time deposit of Rs. 2,000 to enjoy lifetime renewal benefits. The scheme applies to existing and new beneficiaries, requiring a lump sum deposit for new account holders.

Notably, the deposited amount of Rs. 2,000 is refundable under specific conditions: Rs. 1,800 within 3 years of account closure and the full amount after 3 years. Participants in this plan also receive a 50% fee discount for services. Additionally, the Lifeline demat account and Mero Share service operation plan, effective since 14th Shrawan 2078, have been closed and replaced with this simplified and refined scheme for customer convenience.