How is DP transaction charge levied?
DP transaction charges are applied at the time of selling delivery shares from your DEMAT account and in some scenarios even when you are not selling shares. These charges are applicable with effect from 08th June 2020. DP Charges will be levied as per below mentioned conditions:
2.1. Any Transfer of shares from your demat a/c or Unpaid Securities a/c or Margin a/c or Margin Funding a/c upon selling of shares DP charges applicable at Flat Rs. 12.50/-
2.2. For any transfer of shares from your demat a/c to any other demat a/c as requested by you, DP charges applicable at Flat Rs. 12.50/-
2.3. NO DP Charges applicable for any transfer of shares from Unpaid Securities a/c to your demat a/c. This is applicable for clients who create debit balances and for Non POA clients.
2.4. NO DP Charges applicable for any transfer of shares between two margin a/c executed on your behalf eg. Cash Margin to MTF margin or vice versa.
2.5. NO DP Charges for any transfer of shares from margin a/c to your demat a/c in quarterly settlement.
All the above charges are not applicable for our Platinum and Titanium subscribers. They will enjoy all these services FREE of cost. For our basic users, these charges are per transaction, per scrip. Other Demat charges applicable as per the DP tariff sheet remain
Note: For any transfer of shares from your demat a/c to our Margin a/c for availing margin benefit or for margin under Margin Trading Facility, DP charges applicable at Rs. 50 per script.
to learn about various charges. The above changes shall continue till
further intimation from us.
How is Demat maintenance charge levied?
Demat Maintenance charges are applied for maintaining your demat A/c with CDSL. It is known as Demat AMC (Annual Maintenance Charges). With effect from 1st January 2021, the revised charges which shall be applicable to 5paisa demat account holders ...
If Margin funding is activated will I have to pay delayed payment charge?
Yes, Interest/delayed payment charges (DPC) are levied on outstanding debit balance in your ledger which is created when you do not make payment within 2 working days of your purchase transaction. Further, margin facility allows you to carry this ...
What charges are levied everytime I trade?
Each time you trade there are few charges that will be levied basis the segment. Please note, if you have an active subscription/pricing plan then you will be charged lesser rates as per your plan. Note: 18% GST applicable on all the above charges ...
How do I authorize my sell transaction?
A new process of “Sell Authorization” has been added to ensure the secure transfer of shares from your demat account whenever you sell them (Applicable only for Selling Delivery and not Intraday). Under this new process, you will have to provide a ...
Will the shares automatically credit back to DP once we clear debit balance?
Yes, during quarterly settlement, shares will be automatically credited back to your DP account when you pay for debit. However, shares will be lying in Client Collateral Account under your name until the quarterly settlement is not due for you. This ...