How much does it cost to gift stocks on FYERS?
When gifting shares on FYERS, there's a clear and simple charge structure: you're charged ₹30 plus applicable GST for each scrip you wish to gift.
For example, consider a scenario where client ‘X’ plans to gift the following stocks to his son ‘Y’:
Scrip Name
| Quantity | Charges |
HDFC Bank | 500 | 30 |
ITC | 1000 | 30 |
ONGC | 5000 | 30
|
For this generous gesture, the total incurred charge would be ₹106.20. This sum includes the 18% GST applied to the base fee.
It's always advisable to be aware of these charges before proceeding with the gifting to ensure a smooth transaction.
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