If my DDPI application is rejected, will I be charged again?
No, you will not be charged again if your DDPI (Demat Debit and Pledge Instruction) application is rejected. If there is an issue with your application that leads to rejection, you can resolve the specified problems and reapply without incurring additional fees. This ensures that you are only charged once for the activation of DDPI, irrespective of the initial outcome.
Related Articles
Why was my trading account reactivation application rejected?
If your offline application for reactivating a dormant account has been rejected, it may be due to any of the following reasons: Recent, clear photograph not attached. Documents not self-attested. KYC form has scratches or markings. Required fields ...
Why does FYERS charge an extra ₹50 on top of the stamp paper cost for online DDPI activation?
When you activate DDPI online/offline through FYERS, a total fee of ₹150 will be debited from your Trading Account. This consists of ₹100 for the stamp paper and an additional ₹50. The extra charge covers the operational costs associated with the ...
How do I activate DDPI offline with FYERS?
To activate DDPI (Demat Debit and Pledge Instruction) offline: Fill out the DDPI form: Download and complete the DDPI form available from our platform. Send the Form: Courier the completed form to the address below: FYERS Securities Private Limited ...
What are the charges for activating DDPI?
Activating DDPI (Demat Debit and Pledge Instruction) on your FYERS account involves a one-time fee of ₹150. This fee is charged to cover the costs associated with the process, including procuring the stamp paper and other operational expenses. The ...
Will I receive email confirmations for processed or rejected payouts on FYERS?
FYERS prioritizes transparent communication. When your payout request is successfully processed, you will receive an automated email confirmation. However, in some rejection scenarios—like insufficient balance—you may not be notified by email. Here's ...