Terms and Conditions - Lemonn Infinity Plan

Effective Date: 30th June, 2026

This document is an electronic record in terms of the Information Technology Act, 2000 and does not require any physical or electronic signatures. By subscribing to the Lemonn Infinity Zero Brokerage Plan (“Infinity Plan”), You agree to these Terms and Conditions. Use of the Infinity Plan is subject to Terms of Use and Privacy Policy of NU. Any terms defined in the said Terms of Use and Privacy Policy shall apply.

1. Introduction to the Infinity Plan

1.1. What is the Infinity Plan

The Infinity Plan is a one-time subscription based brokerage waiver plan. It provides 0 (zero) brokerage on unlimited trades for a period of 30 (Thirty) calendar days from activation. The subscription fee for the Infinity Plan is INR 99/- (Rupees Ninety Nine only) for 30 (Thirty) calender days.

1.2. Where is the Infinity Plan benefit applicable

Infinity Plan applies only for retail trading by eligible users (“Clients”) in the following segments on the Lemonn Platform:

a. Equity Delivery,

b. Equity Intraday,

c. Futures & Options, and

d. Margin Trading Facility.

1.3. What waivers will you get

Eligible users get full waiver of brokerage charges for trade in the above mentioned segments for 30 (Thirty) calendar days. Statutory charges (e.g., STT, SEBI, Exchange charges, GST, Stamp Duty, etc.) will still apply.

1.4. Who is eligible for the Infinity Plan

All Clients who receive an email stating they are eligible for the Infinity Plan are the eligible users. NU may exclude Clients at its sole discretion. The Eligibility is also contingent on payment of the subscription fee.

2. Infinity Plan Details

2.1 Activation & Payment*

The Plan will be made active one day after the Client provides consent on the Lemonn application for enrolment to the plan. The subscription fee of INR 99 (Rupees Ninety Nine only) will be debited from the Client’s designated Lemonn account wallet.

2.2. Zero Brokerage Benefit under the Plan*

Upon activation, the Client shall incur zero brokerage charges on all executed trades for 30 (Thirty) calendar days activation.

2.2 Post-Expiry Charges*

Upon expiry of the 30-day validity period, standard brokerage charges will apply.

*Kindly note that the zero brokerage or brokerage waiver benefits provided under the Infinity Plan are not applicable to trades executed via Smart Invest or Zing features provided on Lemonn Platform. Any orders placed using these features will be charged at the standard flat rate of INR 20 (Rupees Twenty) per executed order.

3. General Conditions

3.1. NU reserves the right to change the value, eligibility, amounts or any other aspect of the Infinity Plan. NU may, at its sole discretion, terminate the Plan immediately without any prior notice.

3.2. NU reserves the right to disqualify you from utilising the Infinity Plan benefits as it may deem fit. If NU determines that you have abused or wrongfully utilised the Infinity Plan you can be made liable to repay any benefits awarded as a result of such abuse or wrongful utilisation. Such repayment may be deducted from your Lemonn account wallet.