Will FYERS charge penalties for debit balances in trading accounts?
If your FYERS trading account reflects a negative (debit) balance of more than ₹100, a penalty is applied. This is intended to discourage outstanding dues and maintain platform integrity. Let’s break down how the penalty is calculated and applied.
How the penalty works?
What if...
Scenario | Explanation |
---|
You have a debit balance of less than ₹100 | No penalty is applied. |
You clear your dues mid-month | The penalty stops accruing from the day the balance is cleared. |
You maintain a credit balance | No penalty is applicable. This applies even if you previously had a debit. |
You are unaware of the penalty being charged | You can verify it in your ledger under 'Journal Voucher (JV)' entries at month-end. |
Make sure to monitor your ledger balance under 'Funds & Margin' regularly to avoid unnecessary penalties.
Last updated: 19 Jun 2025
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