What are the charges for DDPI?
At FYERS, the charges typically associated with Demat-based transactions—such as when using DDPI (Demat Debit and Pledge Instruction)—are covered under standard DP charges. There is no separate fee specifically for DDPI.
What is DDPI?
DDPI (Demat Debit and Pledge Instruction) allows FYERS to debit shares from your Demat account when you place a sell order, without requiring a physical DIS slip or OTP-based authorization.
Applicable charges
The standard DP charge applies when you sell shares using DDPI authorization:
- ₹12.5 + 18% GST per ISIN per day
- Charged once daily per stock (ISIN), even if sold multiple times
- Applies to both market and off-market sell orders
Example
- You sell HDFC Bank shares 5 times on the same day using DDPI → You are charged ₹12.5 + GST once
- You also sell Infosys on the same day → Another ₹12.5 + GST is charged separately
Important: This is not an extra DDPI fee—it's the standard DP charge that applies to all sell transactions.
Quick reference
| Scenario | DP Charge |
|---|
| Sell 1 stock multiple times | ₹12.5 + GST (once) |
| Sell 2 different stocks | ₹12.5 + GST each |
FYERS does not charge separately for DDPI—only the standard DP charge applies when shares are debited from your Demat account.
What if...
| Scenario | Outcome |
|---|
| I sell the same stock on both Web and Mobile | Only one DP charge applies (per ISIN). |
| I sell different stocks using DDPI | DP charge applies separately to each stock sold. |
| I only buy shares and don't sell | No DP or DDPI charges are applied. |
Last updated: 23 Jun 2025
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