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 processing of your DDPI application. These costs include administrative expenses and the technological infrastructure needed to facilitate secure online transactions.
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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 ...
How do I activate DDPI for on FYERS?
Activating DDPI makes your trading smoother by removing the need for TPINs or OTPs every time you sell stocks or use margin trading. It’s a one-time digital setup that works on both FYERS Web and Mobile. What is DDPI? Demat Debit and Pledge ...
Is stamp duty applicable for mutual fund purchases on FYERS?
Yes, stamp duty is applicable on all mutual fund purchases made through FYERS, as per government regulations. This applies to both lumpsum investments and SIP (Systematic Investment Plan) instalments. What is stamp duty in mutual funds? Stamp duty is ...
Is online application possible for share Buyback on FYERS?
Absolutely! On FYERS, you can seamlessly apply online for a share buyback, given you possess the relevant shares in your Demat account by the crucial record date. The entire online tendering procedure is streamlined for your convenience. For a ...