When you pledge or unpledge shares on 5Paisa, certain charges apply. Here’s a clear explanation of these charges:
Charges Effective from 1st September 2020:
1. Pledge for Funding:
o Charge: ₹20 per scrip
o Description: This fee is charged when you pledge shares to get funding.
2. Pledge for Margin:
o Charge: ₹20 per scrip
o Description: This fee is charged when you pledge shares for margin requirements.
3. Unpledge:
o Charge: ₹20 per scrip
o Description: This fee is charged when you unpledge shares.
4. Unpledge and Sell:
o Charge: ₹20 (unpledge) + ₹20(sell) = ₹40 per scrip
o Description: This combined fee is charged when you unpledge shares and sell them.
Key Points:
· Ledger Account: The charges will be deducted from your ledger account whenever you pledge or unpledge shares.
· Per Scrip Basis: All charges are calculated on a per-scrip basis, meaning the fee applies to each individual stock or unit you pledge or unpledge.