Pricing Plans for Dhanush

Charges Explained

• • Annual Maintenance Charges (AMC):
    These are the yearly charges collected from investors for rendering services like maintaining trading and Demat accounts, providing digital trading/investing platforms, etc. It is applicable irrespective of whether you trade or invest in equity, derivatives, currency, or commodity segment.
  • Brokerage:
    Brokerage is the amount charged for facilitating the trade. For each intraday and delivery-based equity trade, the brokerage is charged based on the percentage of the transaction value. For the F&O trades, it is charged based on the number of lots traded.
  • Call & Trade Charges:
    Trades placed via a phone call attract these charges. Also, when the intraday orders get auto squared-off, it attracts call & trade charges. For intraday and delivery-based equity trades it is charged as a percentage of the transaction value. In the case of F&O trades, a fixed amount based on the number of lots traded is charged.
  • Delayed Payment/Interest Charges (MTF):
    A delay in payment of interest charges under MTF or any other sum payable shall attract this charge. It is a fixed percentage of the amount outstanding.
  • Online Fund Transfer Fee:
    It is a nominal charge on every online fund transfer request. This flat fee is levied on every successful transaction.
  • Margin Requirement for F&O / Currency / Commodity Trades:
    The SEBI requires traders to mandatorily maintain a minimum margin for liquidity. It is the minimum amount of capital required to enter the trade. This margin must be maintained at all times while you’re in the trade.
  • Physical Document Request Fee:
    Most of the documents are digitised and are sent to your registered email ID. However, if you need a physical copy of any document, you can request the same by paying these charges. It involves a flat fee per document and the applicable courier charges.
  • Margin Pledge/Unpledge Charges:
    Shares purchased under the margin trade funding facility are mandatorily required to be pledged before the end of the day as per SEBI guidelines. Such a pledge and un-pledge request attract a nominal fee per script.
  • Inter-settlement / Pay-in / Pay-out Charges:
    For the pay-in and pay-out of stocks at the DP level, these charges are levied as a fixed amount for each script.
  • Demat Charges:
    This is a flat fee charged for the dematerialisation of shares from physical certificate to electronic format.
  • Remat Charges:
    For the rematerialisation of shares back to the certificate from an electronic format, remat charges are levied for each certificate along with the applicable courier charges.

Note: Some of the charges mentioned above are regulated by SEBI or Central Government, and hence, are subject to change.