What are the charges for pledge and unpledge?
Below are the charges with effect from 01st September 2020:
Nature of transaction
Applicable charges (Effective 01st Sept, 2020)
|Pledge for Funding||Rs. 25 per scrip|
|Pledge for Margin||Rs. 12.5 per scrip|
|Unpledge||Rs. 12.5 per scrip|
|Unpledge and Sell||Rs. 12.5 + Rs. 12.5 (Rs. 25 per scrip)|
The above charges will be charged from your ledger a/c as and when you pledge or unpledge shares in your account.
Charges for MF pledge & Unpledge
The above charges are exclusive of GST and shall be debited from your ledger account as and when you pledge or unpledge shares in your account.
What are the charges for Pledge and Unpledge?
Below are the charges with effect from 01st September 2020: Nature of transaction Applicable charges (Effective 01st Sept, 2020) Pledge for Funding Rs. 25 per scrip Pledge for Margin Rs. 12.5 per scrip Unpledge Rs. 12.5 per scrip Unpledge and Sell ...
What are turnover charges?
Turnover charges are amount blocked during payout which accounts for 2% of total valuation based on client's position .
How to Unpledge mutual fund?
Currently to unpledge mutual fund units, the customer will have to raise a ticket HERE with a request to unpledge with relevant details. The cutoff time for unpledge will be 3:30pm. Request placed after 3:30pm will be processed on the next day. The ...
List of Charges
18% GST applicable on all the above charges Note: With effect from 01st January 2021, Demat Maintenance Charge structure will be based on value holdings in the accounts or as per the number of accounts he holds in multiple depositories as per the ...