What are the DP charges at FYERS?
The DP charges at FYERS, effective from October 1, 2024, will be ₹3.5 per transaction when you sell shares from your DEMAT account.
Additionally, depending on specific conditions, you may be eligible for discounted rates as outlined below:
Transaction Type | DP Charges (₹) |
Standard Debit Transaction (MTF Sale) | ₹3.25 + 18% GST |
Female DEMAT Account Holder (First Holder) | ₹3.25 + 18% GST |
Mutual Fund ISINs | ₹3.25 + 18% GST |
Bond ISINs | ₹3.25 + 18% GST |
Note: Previously, DP charges were ₹7 + ₹5.5 (CDSL charges) + 18% GST on a total of ₹12.5.
For more details on true to label circular, refer to this notice.
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Are DP charges applicable for Buy Today Sell Tomorrow (BTST) transactions at FYERS?
Yes, DP charges are applicable for BTST transactions at FYERS. Shares are credited to your Demat account on the T+1 day and debited when sold, which incurs DP charges of ₹3.5 + GST. For more details on DP charges, kindly refer to this article. Note: ...
Why aren't DP charges included in the contract note at FYERS?
Depository Charges (DP charges) are fees imposed by depositories for equity transactions in your Demat account. The contract note, however, only includes trading-related costs, such as brokerage, STT/CTT, GST, and exchange fees, for trades executed ...
Does FYERS have hidden charges during trading?
No, FYERS does not have any hidden charges. We are committed to transparent operations, and all applicable fees are clearly stated upfront. If you ever need clarification on any fees, our team is available to assist. For detailed information on fees ...
Are there Annual Maintenance Charges (AMC) at FYERS?
No, there are no Annual Maintenance Charges (AMC) at FYERS.
What are the Demat service charges at FYERS?
Opening a Demat Account with FYERS is free, and there is no Annual Maintenance Charge (AMC). For a full breakdown of brokerage and other associated charges, please refer to our Charges List.