What are the Delayed Payment Charges?

What are the Delayed Payment Charges?

Delayed Payment Charges (DPC) are fees charged when there is a delay in making payments for your trades. 

  1. Interest Rate: DPC is charged at a rate of 0.045% per day (Billed weekly).
  2. Cash and ETF: DPC is charged at a rate of 16.42% yearly/0.045% per day
  3. FNO: DPC is charged at a rate of 12.41% yearly/0.034% per day