|
|
|
| |
| Rating >> Rating Resources >> Fees Structure |
|
FEE STRUCTURE
Initial Rating Fees
|
| (a) Fixed Deposits |
0.10% of the outstanding amount of Fixed Deposits subject to a minimum of Rs.200,000. |
| (b) Debentures |
0.10% of the issue amount subject to a minimum of Rs.200,000. |
| (c) Commercial Paper |
0.10% of the issue amount subject to a minimum of Rs.200,000. |
| (d) Issuer Rating |
0.05% of all the outstanding debts as on last balance sheet date subject to minimum of Rs.300,000. |
|
- Annual Surveillance Fees on FD/Debentures/CP: 0.03% of the amount outstanding under the rated instrument subject to a minimum of Rs.100,000.
- Annual Surveillance Fees on Issuer Rating - 0.05% of the amount outstanding under the rated instrument subject to a minimum of Rs.200,000.
- Credit Reports: Fees applicable will depend on the scope and coverage of each report and can be obtained on specific request.
|
| Notes : |
- Rating fees are computed separately on each instrument issued.
- Issuers are liable to pay rating fees, regardless of whether they accept CARE's rating or not. Full rating fee is to be paid upfront.
- Out-of-pocket expenses, if any will be charged to the client on actual basis. CARE will not be obliged to disclose details of such expenses. In case of roll-over of CPs, no rating fee would be charged for any roll-over within one year of the original rating. For any increase in the amount of issue, additional fee at normal rate will be charged. For any roll-over after a year from the original rating, additional fee at the rate applicable for annual surveillance will be levied.
- Service tax will be charged extra as applicable.
- CARE reserves the right to make changes in the fee structure at any time.
|
| For fee structure for other rating/grading products please contact CARE Head Office and Regional Offices. |
|
|