Important Update: Applicability of Brokerage and Levies in margin Effective May 13, 2024

Important Update: Applicability of Brokerage and Levies in margin Effective May 13, 2024

Dear Customer,

We hope this message finds you well. We are reaching out to inform you about an important update regarding our brokerage and exchange levies, effective from 13th May 2024.

Starting from 13th May 2024, we will be adding an extra charge of Rs 10 flat as Brokerage and Exchange levies during order placement. This means that alongside the order value, an additional Rs 10 will be blocked upfront from your margin balance.

For example, you have a margin balance of Rs 1000 in your account and you want to place an order worth Rs 500 for 1 Qty. Previously, only Rs 500 was required for placing the order. However, with the new changes, when you place the order, Rs 510 will be blocked from your margin balance. This includes the order value of Rs 500 and an additional lump sum of Rs 10 for Brokerage and Exchange levies.

It's essential to note that this change applies across all segments including equity cash, equity derivative, currency, and commodity.

In case you have any questions, please do not hesitate to reach out to us.

Thank you for your continued trust in our services.

 

Warm regards,

5paisa Capital Ltd