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 charged. This helps maintain platform integrity and ensures timely clearance of dues.
How the Penalty Works
- Threshold: Penalty applies when the debit balance exceeds ₹100.
- Rate: 15% per annum (0.041% per day) on the outstanding amount.
- Accrual: The penalty is calculated daily.
- Charging: It is posted at month-end as a Journal Voucher (JV) entry in your ledger.
- Start Date: Effective from 1 June 2021.
Important: FYERS does not reverse or waive penalties unless the debit balance results from a verified exchange settlement delay or system-related issue.
Tip: To learn why the penalty rate is 15% p.a., refer to
this article.
What If...
| Scenario | Outcome / Redirection |
|---|
| You have a debit balance of less than ₹100 | No penalty is charged. |
| You clear dues mid-month | The penalty stops accruing once the balance turns positive. |
| You maintain a credit balance | No penalty applies. To view all other applicable costs, refer to this article. |
| You are unaware of a penalty being charged | Check your ledger for Journal Voucher (JV) entries at month-end.
To know if any additional or hidden costs apply, refer to this article. |
For complete details on all FYERS charges and statutory fees, refer to this article.
Last updated: 08 Oct 2025
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