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: ₹25 per scrip
o Description: This fee is charged when you pledge shares to get funding.
2. Pledge for Margin:
o Charge: ₹12.5 per scrip
o Description: This fee is charged when you pledge shares for margin requirements.
3. Unpledge:
o Charge: ₹12.5 per scrip
o Description: This fee is charged when you unpledge shares.
4. Unpledge and Sell:
o Charge: ₹12.5 (unpledge) + ₹12.5 (sell) = ₹25 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.
By understanding these charges, you can better manage your transactions related to pledging and unpledging shares on 5Paisa.