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.