To place request for your Trading and Demat Statements:
• Visit www.axisdirect.in
• Click on Support
• Click on Request Statement

OR Link to be provided which should redirect the customer to Request Statement page

You can activate your account and create username and password by following the below path
Visit www.axisdirect.in
• Click on Support
• Click in Login Support
• Click on Acitivate Your Account
You can choose to activate the online trading account using your Axis Bank debit card or a One Time Password (OTP)

You can view the IPO application status by following the below path -Login to www.Axisdirect.in>>Click on Go to Swift Trade>>Click on Order Book>> Primary Markets>>Order Book

You can view the status of your orders by following the path  - Login to www.Axis Direct.in ( Select Take me to Trading option from dropdown) >> Click on Trade >> Order Status 

The minimum brokerage charged for all orders in Equity Segment except Equity SIP orders will be Rs 25/- per order for Resident Indian clients, HUFs, Corporates etc. In Equity SIP the minimum brokerage charges will be Rs 20 per order. However the brokerage charged will not exceed 2.5% of the transaction value and Rs 0.25 per share in case of securities quoting below Rs 10. 

You can view your current brokerage plan by following the path:

Post Login>View Edit Profile > My Subscription >

Realized profit, in case of square off will get credited to the linked savings bank account on 'T+2' from the date of square off. Realized loss, in case of square off will get debited from the linked savings bank account on 'T' day i.e. on the date of square off.

In general, the unutilized amounts are automatically released by the end of the day.
However to transfer the funds from your trading account to savings account:
• Login to our website www.Axis Direct.in .
• Click on 'Limits'.
• Select 'Cash Limit' option.
• In 'Funds Hold and Release’ option enter the amount in the 'Amount' column and click on 'Release'.
Please Note: The funds would be released subject to T day fund obligation if any.

To view the details of 'debit and credit" in your trading account refer the Financial Ledger:
• Login to www.Axis Direct.in
• Click on 'Trade' option available on the left hand corner
• Click on 'Reports for ledger'
• In 'Ledger' click on 'Financial ledger'

Click here to view the Demat schedule of Charges

The POA can be

a. General purpose POA i.e. the POA holder can perform all activities on behalf of the original holder(s). 

b. Specific purpose POA i.e. the POA holder can perform only certain operations as specified in the POA. 

You will be given a statement of account to inform you of the status of your account.

Transfer of securities from a demat account held with one depository to another demat account held with a different depository is known as 'Inter Depository Transfer' (IDT). IDT is possible for those ISINs which are active in both the depositories

DIS is required to transfer shares from one demat account to other demat a/c There are 2 types of DIS slip. One is for doing transfer within same Depository. So if your broker has account with NSDL and new broker also have the account in NSDL, you will need this type of slip.

The second type of DIS are known as Inter-Depository Delivery Instructions (IDTs) which will be used if you have to transfer share inter-depository so from NSDL to CDSL or vice versa. 

The DIS is sent on clients registered address within 3-4 working days, if opted for the same at the time of account opening.

If client wants new DIS later, client will have to provide a written application and send it to the nearest Axis Bank Service Branch or at the below mentioned address: 

Axis Securities Limited, Unit No. 2,

Phoenix M arket City, 15,

LBS Road, Near Kamani Junction,

Kurla (west), Mumbai -400070. 

It is proffered for customer to open Savings Bank a/c with Axis bank, trading & demat a/c with Axis Securitis for seamless trading experience.

Providing bank account details at the time of demat account opening is mandatory. These bank details are communicated to issuer companies / RTAs for the purpose of crediting any amount payable to you (such as dividend, interest or maturity payment or redemption amount) directly in your bank account..

Pledging is basically committing the shares held by a person (pledgor) in favour of another person (pledgee) as a security or collateral for the exposure granted by pledgee. Generally, shares are pledged by the concerned shareholder for taking loan against shares.

In depository system, there is no difference between pledge and hypothecation except that pledge can be invoked by the lender (pledgee). Whereas, in case of hypothecation, for invocation to take place, consent of borrower (hypothecator) is also required.

Yes. In fact, pledging dematerialised securities is easier and more advantageous as compared to pledging physical securities.

The pledgor continues to be the beneficial owner of the underlying securities during the period of pledge. Therefore, all the corporate benefits declared by the company during this period belong to pledgor. The pledgee will get the benefits if pledge is invoked and on record date, the shares remain in pledgee’s account.

BSDA is like a regular demat account but with no or low annual maintenance charges.

As per SEBI directive, the charge structure will be based on value of holdings in the accounts as indicated below:

i. No AMC shall be levied, if the value of holding is up to Rs. 50,000.

ii. For the value of holding from Rs 50,001 to Rs 200,000, AMC not exceeding Rs 100 may be charged.

iii. If the value of holding in such BSDA exceeds Rs. 200,000 at any date, the DPs may levy charges as applicable to regular accounts (non-BSDA) from that date onwards

A KYC Application Form has been designed for Individual and Non-Individual Demat Account Holders separately. These forms are available at the branches and are required to be filled at the time of Account Opening along with Demat Application form

1.

Once you have opened an account with a DP you can buy and sell shares in the electronic form, provided the buyer/seller holds shares in the electronic form. You can sell your shares through any broker. All you need to do is to give your DP account details. On buying shares in the depository mode you must similarly inform the broker about your depository account details so that the shares bought would be re-credited to your account with the DP. 

In such a case, the securities would be transmitted to the account of legal heir(s), as may be determined by an order of the competent court. Following documents are required for this purpose -

 Duly filled in Transmission Form.

 Copy of the death certificate duly attested by a Notary Public or by a Gazetted Officer.

 A copy of the Succession certificate duly attested by a Notary Public or by a Gazetted Officer or

 An order of a court of competent jurisdiction where the deceased has not left a Will or

 A copy of the Probate of Will or

 Letter of Administration duly attested by a Notary Public or by a Gazetted Officer.

 In case the account of the claimant is not with the same Participant, copy of Client Master Report of the account of the claimant is also required (certified by the concerned DP).

However, if the value of securities to be transmitted is below Rs. 5,00,000/- (on the day of application for transmission), following documents are required:

 Duly filled in Transmission Form.

 Copy of the death certificate duly attested by a Notary Public or by a Gazetted Officer.

 Letter of Indemnity (in prescribed format).

 Affidavit (in prescribed format) and

 No Objection Certificate(s) in prescribed format or Family Settlement Deed.

 In case the account of the claimant is not with the same Participant, copy of Client Master Report of the account of the claimant is also required (certified by the concerned DP).

In case of the death of the sole holder, for transmission of securities, the nominee needs to submit duly filled-in transmission form along with a copy of the death certificate duly attested by a Notary Public or a Gazetted Officer.

In case the account of the claimant is not with the same Depository Participant, copy of Client Master Report of the account of the claimant (certified by the concerned DP) is also required. After verification of these documents, the DP will transmit the securities to the demat account of the nominee.

Transmission is the process of law by which securities belonging to a deceased account holder are transferred to surviving joint holder(s) / legal heirs / nominee of the deceased account holder. Process of transmission in case of dematerialized holdings is relatively convenient as the transmission formalities for all securities held in a demat account can be completed by submitting the requisite documents to DP. There is no need to approach various companies for this purpose, as is required when securities are held in physical form.

Upon death of account holder (sole holder or joint holder), how the transmission will take place, is described in the diagram

The nomination form duly filled should be submitted either at the time of opening your account or later. The account holder, nominee and two witnesses must sign this form and the name, address and photograph of the nominee must be submitted.

In order to update/ change of nominee in your Demat account, the account holder/s, nominee and two witnesses must sign this form and the name, address and photograph of the nominee must be submitted. In case of joint holders, all joint holders must sign send the documents at our mailing address mentioned below: Mailing address: Axis Securities Limited, Unit No. 2, Phoenix M arket City, 15, LBS Road, Near Kamani Junction, Kurla (west), Mumbai -400070 On receipt of the documents, nominee will be updated in your demat account in 2 working days, if no rejections found.

It is to convert your dematerialised holdings back to the certificate form. For rematerialisation you would have to forward your request to us, which will be verified for the balances you possess and forwarded to NSDL. NSDL will forward your request to the registrar who will print the certificates and despatch them to you.

There is concept introduced in Demat called the transposition of shares. Transposition means that if the shares are held in the name of A & B and customer has a demat account in the reverse order i.e. name of B & A - the shares can be dematerialised in the same account, and a new demat account in the name of B and A would not be required. The client has to submit the shares and the demat request form along with transposition form. You may get the transposition form from the portal.

Yes, DRFs can be rejected by your DP or the Company / RTA. The reasons for rejection may be signature mismatch, incorrect holders name, certificate details mismatch between certificate and DRF, call paid receipt not attached, wrong formats used, old / defunct certificates surrendered for demat, etc. The rejected DRFs can be collected from the submitting branch or can be sent to the Investor’s address as registered for the Demat Account. Demat Account holders are informed about Demat Request Credits / Rejections through their Periodic Demat Account Statements.

On dematerialisation your original share certificates would be cancelled by the RTA of the company.

SEBI has recently amended relevant provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 to disallow listed companies from accepting request for transfer of securities which are held in physical form, with effect from April 1, 2019. The shareholders who continue to hold shares and other types of securities of listed companies in physical form even after this date, will not be able to lodge the shares with company / its RTA for further transfer. They will need to convert them to demat form compulsorily if they wish to effect any transfer. Only the requests for transmission and transposition of securities in physical form, will be accepted by the listed companies / their RTAs.

All the investors who are holding shares etc. in physical form, should consider opening a demat account at the earliest and submit request for dematerialization of their shares in order to protect the liquidity of the shares.

Kindly click here to open the trading, Demat Account online with Axis Securities Ltd. Alternatively you may contact our customer service at 022-68515400 or write to us at This email address is being protected from spambots. You need JavaScript enabled to view it.

Dematerialization is the process by which physical certificates of securities are converted into securities in electronic form by way of credit in investor's demat account held with a DP. Dematerialization is change in form of holding, it does not result into change of ownership.

In order to dematerialise the certificates, you will first have to open a demat account with a Depository Participant. You have to then request for the dematerialisation of your certificates by filling up a dematerialisation request form [DRF form]. , which is available with your DP in this case its Axis Securities Ltd.

On purchase your account with us will be credited with the requisite shares.

· Problems of bad delivery, fake certificates, shares under litigation, signature difference of the transferor(s) etc.

· Physical filling of transfer forms and affixing of share transfer stamps is not required.

. Also you are relieved from the risks of loss of certificates or fraudulent interception of certificates.

Any Axis Direct customer can avail Commodity Derivatives facility through a simple one-time online registration process by clicking here and within 48 hours you will be provided rights to trade in commodity derivatives. In case, you are not an existing Axis Direct customer, you can open your account by clicking here 

Once the commodity rights are enabled, you can use the same login credentials of Axis Direct and access commodities platform with streaming market watch and real-time market information.

The products offered by AxisDirect are:

1.Cash - Transact for delivery: 'Cash' is a facility used for undertaking delivery based transactions. You have to pay the full order value while placing a buy order. You will get the shares in your demat account on the T+2 nd trading day.

Similarly you need to have the full quantity of stocks in your demat account before selling in 'Cash'  while placing a sell order.

2.Inter-Settlement (IS) - You place a buy order in Cash product, it takes T+2 days for the shares to get credited in your Demat account. IS a trading facility which can be used for selling the shares that have yet not been credited in your Demat account.  Eg. You have placed buy order for 100 shares of Axis bank on Monday. You allocated Rs.1,50,000 in Cash limits to place this order.  100 shares of Axis Bank are to be credited to your demat account on T+2 days i.e. Wednesday. IS product from AxisDirect allows you to sell the shares on T+1 and T+2 days even before the shares have been credited in your Demat account.

3.Encash - Get immediate/emergency cash by selling stocks on Encash is a facility that helps you to receive the funds on your sale transaction on the transaction day itself. In case it is a Bank holiday on the transaction day, the funds will be credited on the next Bank business day. So, whenever you require funds in an emergency, just sell the shares available in your demat account and get the credit in your linked bank account on the same day.

4.Intraday - Buy and Sell on same day with low margin. Intraday is a facility which lets you to take positions in shares without taking  delivery. You square off the positions on the same day before a pre-defined time with the intention to book profits. Such profits will be credited on T+2 working days in your linked Savings bank account.

The benefits of Intraday transactions are:

a) If you do not have funds equal to the transaction value, AxisDirect allows you to trade by blocking a small margin amount (20%-50% of the total order value depending on the scrip).

b) The transactions occur on the same day so funds for the transactions are not debited and transferred from your linked Savings account. Funds will be debited only in case of a loss or if you decide to convert the position into delivery.

c) You can Short Sell that is sell shares even if the scrip is not available in your demat account and then buy to cover (second leg of the transaction).

d) If you do not square off the position by 2:45 p.m for any reason, it will be squared off by AxisDirect. Example: You buy 100 shares of Axis Bank @ Rs.1500 in intraday. The funds required to be hold marked will be approx. 20% of the total order value. So, you should have at least Rs. 30,000 (Rs. 1,500*20%*100) in your linked savings bank account. You are able to order 100 shares of Axis Bank at Rs. 30,000 against the actual order value of Rs. 1,50,000 (Rs.1,500*100).

5.Cover - Place Buy and Sell orders simultaneously and get better leverage based on your choice. Cover is a facility which helps to limit the losses (if any) on intraday trades. It helps in transacting at a lesser margins. Cover can be placed by creating  two opposite orders on the same scrip. The first order has to be a market order and the second order is a stop loss order at limit price. The stop loss order (second leg) minimizes the risk of losses. In fact, such orders help you know the maximum loss in a position in advance. Such orders also require lesser margins as compared to 'Cash' and Intraday transaction as the order value range for the second order is fixed.  Example, if you wish to place a Cover for 50 shares of Axis Bank, the order screen will ask you to place two orders. The first order is a market order at say Rs. 1500 and the second order will be a stop loss order where you will have to define the limit price and the trigger price.

6.E-margin - Buy on margin and square off today, tomorrow or day after. E-margin is a leveraged trading facility. Positions created under this facility can be squared off or converted to delivery till the T+30 day on or before a specified time set by AxisDirect. Unlike 'Cash', you do not have to pay the full order value for Emargin orders. So, you can take positions with lesser margin amounts with an option to keep the position open till a maximum of T+30 days.

7.Futures - Derivatives contract where buyer and seller both have rights and obligations to honor the contract. It is a contract to buy or sell an underlying asset at a specified future date. These contracts are traded and settled on exchanges. The quantity (Lot size) and the Settlement date (Expiry date) is fixed in advance. In India, futures are cash settled. It is a high leverage product as compare to cash market. (High Risk, High Return). E.g., margin required for taking position of 250 shares of Axis Bank @ Rs. 1,500 is Rs. 3,75,000 in Cash segment. If the price increase to Rs. 1,600 you make a profit of Rs. 25,000 (250*100) in Cash market. In  Futures market, you pay a small margin  to take a futures position. say, you pay say only Rs. 75,000 for 250 shares of Axis Bank. If the price of Axis Bank increase to Rs. 1,600, you still make a profit of Rs.25,000 with a margin of just Rs.75000.

8.Intraday Futures - Same day square off of Futures Derivatives contract.Intraday Futures is a facility which allows you to take futures position with the intension of squaring off the position on the same day before the market closes . Such profits will be credited on T+1 working days in your linked Savings account. The benefits of Intraday Futures is that the margin requirement is lesser than the regular Futures trading  allowing you to trade in higher volumes. You can Short Sell Futures, that is sell first and then buy to cover (second leg of the transaction). If you do not square off the position by 3:00 p.m for any reason, it will be squared off by AxisDirect. Example: You buy 250 shares of Axis Bank Futures @ Rs.1,500 in intraday. The funds required to be hold marked will be approx. 15% of the total order value. So, you should have at least Rs. 56,250 8(Rs. 1,500*15%*250) in your linked savings bank account. You are able to order 250 shares of Axis Bank at Rs. 56,250  against the actual order value of Rs. 3,75,000 (Rs.1,500*250).

9.Options - Derivatives contract where one party has a right to buy/sell the underlying, while the other party has an obligation to buy/sell. The person with the right is called the holder/buyer of the option. The person with the obligation is called the writer/seller of the option. Options contracts can be classified under two categories based on "rights" and " exercise". There are 2 types of Options contract based on right– Call Option & Put Option. Buyer of the option needs to pay only the premium and his risk is limited. Seller of the option needs to pay the margin and his risk is unlimited. Exercise based options are- American Options & European Options.

10.Collateral management - Hold shares for additional margin limits.Collateral management is a facility through which you can  utilize your idle shares to get trading limits for margin products like intraday, futures etc.

11.Subscribe for IPOs/FPOs – Easier way to participate in the primary market issues. IPO is initial public offering. When a company raises funds by floating its shares to the public for the first time, it is known as IPO. IPO is floated in the Primary market. Make online applications to IPOs/FPOs through AxisDirect without having the hassle of paperwork.

Axisdirect Offers The Following Value Added Services: 

1. Investment & Trading Ideas 
2. Portfolio Tracker
3. Push Notifications
4. Loans
5. Online Term Plan
6. General Insurance
7. Tax Planning
8. Draft Your Will

All resident Indians above the age of 18 years are eligible to open an AxisDirect Online Trading account. Trading account can be opened for Individuals, Sole Proprietor, HUF, Trust, Company and Partnership Firm.

You can click on the open an account button provided on our website www.axisdirect.in and leave us your contact details. Our representative will visit you to complete the account opening formalities.

Axis Securities Ltd. is a 100% subsidiary of Axis Bank. It is a Trading member of National Stock Exchange & Bombay Stock Exchange in the Equity and Derivatives segments. It offers a seamless online trading experience due to electronic linking of Trading, Savings Bank and Demat accounts. To know more about why should you choose AxisDirect please visit the "Why AxisDirect" page on the website.

AxisDirect Mobile App is a mobile-based application which allows you to trade in Equity and Derivative segments through your mobile phone.

Yes, in exchange BSE, Mutual Funds - SIP can be placed.

•You don’t need to do the hard work of identifying the best stocks/schemes suitable to your investment objective. Experts do it for you and 

•You don’t have to place individual orders; whole basket of schemes or stocks (smallcase) gets purchased in 2 clicks.

Wise Advisor is a unique feature being provided by AxisDirect for its customers wherein 

For Equity investment, smallcase feature is provided

smallcases are a new way to invest in stocks. A smallcase is an intelligently weighted basket of upto 20 stocks that reflects a theme, idea or strategy.

Smallcases are centered around:

• A trending market theme like rising rural demand or 

 • A financial model like zero debt or

 • Different risk profiles viz. aggressive, balanced and conservative 

You can choose a smallcase based on a theme that you are positive on, invest in it in 3 clicks and track & manage multiple portfolios seamlessly. 

smallcases aren't a means of recommending or advising investors. Choosing a smallcase is up to each individual. 

For Mutual Fund investment, MF advisor is the option provided

MF Advisor is a robust & friendly advisor which will assist you in building your MF investment portfolio as per your financial goals, risk appetite and time horizon - instantly, anytime, and anywhere.

Why did I get this issue?

This could be due to some of your off-market transactions in Demat A/c like ESOPs, DP transfer from another broker, IPO/s allotment made through physical application etc. which do not reflect in your Portfolio.

How can you resolve this?

You can ‘Add’ the off-market transactions manually as follows:- Step 1: On Portfolio Summary page click on ‘Add Stock’.

Step 2: Now add details of offline transaction like quantity, price, date, transaction cost etc. and submit the transaction

Step 3: The offline transaction will reflect on the next working day

Why did I get this issue?

This happens when sell transaction qty through AxisDirect is higher than the buy transaction qty. This may be due to non-Axis Direct transactions / off-market transfers like ESOPs, DP transfer from another broker, IPO/s allotment made through physical application etc.

How can you resolve this?

You can add the off-market transactions manually as follows:-

Step 1: On Portfolio Summary page click on ‘Add Stock’.

Step 2: Now add details of offline transaction like quantity, price, date, transaction cost etc. and submit the transaction.

Step 3: The offline transaction will reflect on the next working day

Why did I get this issue?

Automatic processing of complex Corporate Actions are taken in to account in the new version of the Portfolio module. Any manual transactions added earlier by you to rectify your holdings, may now reflect as excess quantity.

How can you resolve this?

You can simply edit or delete the quantity that are in excess through following process:-

Step 1: On your Portfolio Summary page click on ‘View Details’ of the stock that you want to edit/delete

Step 2: Click on ‘All Transaction’ tab & find your manually entered transactions

Step 3: On mouse hover of that particular manual transaction you would find ‘Edit/Delete’ icons on the right hand side.

Step 4: Click on ‘Edit’ or ‘Delete’ icon and confirm. The edit / delete txn will start reflecting in your holdings the next da

Why did I get this issue?

The new version of the Portfolio Module takes into account complex Corporate Actions like Merger and De-Merger. Any manual transaction added earlier to rectify your holdings, may now reflect as duplicate transactions.

How can I check this?

You can simply delete your manual transactions through following process:-

Step 1: On your Portfolio summary page click on ‘View Details’ of the stock that you want to delete.

Step 2: Click on ‘All Transaction’ tab & find your manually entered transactions.

Step 3: On mouse hover of that particular manual transaction you would find ‘Edit/Delete’ icons on the right hand side.

Step 4: Click on ‘Delete’ icon and confirm. The deletion will start reflecting in your holdings the next day

 Corporate Actions like Merger,  De-Merger result into addition of new stocks in your portfolio. Such stocks will be over and above your traded stocks.

 You can check this through following process:-

 Step 1: On the Portfolio Summary page click on 'View Details' on the card of that particular stock.

 Step 2: This opens window which shows all the transactions in that stock under 'All Transaction' tab

 Step 3: If you find 'MERGERIN' or 'DEMERGERIN' mentioned under Buy/Sell, it confirms the reason that we have mentioned above

No, the market rates based on which your Portfolio value is computed are delayed market rates with minimum 5 to maximum 15 or sometimes even more time. Please do not sell you stocks from your Portfolio assuming that the sale proceeds will be equal to the value shown. 

You can view the Dividend of a stock/MF schemes by following the path My Portfolio >> Reports>> Dividend Summary or after login you can visit

https://simplehai.axisdirect.in/app/index.php/portfolio/report/Dividendsummary

On this page, you can view all Dividend transactions in the current financial year in stocks held by you. The dividend transactions are sorted stock wise and within stock, by default they are sorted by latest on top.

You can change Financial year or use date filter to view dividend transactions in a particular duration.

You can also change the sorting order to sort by Date and choose between ascending/descending by date.

can see Dividend details of current Financial year in stock name ascending  order. You can also change financial year  on clicking date drop down. 

Yes these feature are very much available; however, please note any change in any transaction like new addition/ modification and deletion would take effect in your holdings only on the next day. 

No, all trades will always reflect on next day in your Portfolio

If stocks are sold within a period of 1 year from the date of Purchase, Gain/Loss is classified as Short Term Capital Gain / Loss.

If stocks are sold after 1 year from the date of Purchase, Gain / Loss is classified as Long term Capital Gain/Loss. As per Income Tax Act, we are following FIFO methodology for computation of capital gain tax in Portfolio.

The computation of Capital Gains/Losses Tax should not be used as a substitute for competent tax advice. It is meant to provide you with a reference point of your Capital Gain Tax liability. We request you to further take opinion of your tax consultants, professional advisor before arriving at any decision on the basis of the computation of the Capital Gain Tax liability.

A flat brokerage rate of Rs.25/- (Plus applicable GST) will be charged for each Option lot traded in Equity.

For Trading account Schedule of charges click here click here

For charges and terms and condition of brokerage subscription plan click here

Yes, delayed payment charges at the rate of 18% p.a will be charged on outstanding debit balance on all unrecoverable MTM losses on derivative positions. (Please note: There will be additional GST charged of 18 % on Delayed Payment Charges as per Finance ministry. )

BSE Transaction charges click here

BSE notice for recent revision in transaction charges of equity segment. Click here

Yes, delayed payment charges at the rate of 18% p.a will be charged on outstanding debit balance on all E-Margin positions.
The number of days delay would start from the exchange pay-in date for the settlement of the respective transaction and charged till the date the funds are actually received (eg. till the date of CTD or  till the date of funds received/pay-out date after squaring off of positions).

There will be addtional GST charged of 18 % on Delayed Payment Charges as per Finance ministry

The delayed payment  on outstanding debit balance  on a per day basis would be displayed under
History -> Funds Settlement  -> Delayed Payment Charges link under your Trading section.
For example :-
i. E Margin position from Funds only.
a) E-Margin Position squared off on T+2

You bought 100 qty shares of  “Scrip A” at Rs. 1000 under E Margin on Apr 21 , 2014 with 20% Margin and sold full qty on Apr 23, 2014. i.e on T+2nd day ,  In this example Delayed payment charges on outstanding debit balance  would be calculated as follows:
Margin amount  = (100*1000) * 20% = Rs 20000
Outstanding debit balance = (1000 * 100) - (100*1000) * 20% = Rs 80000
Buy transactions Exchange Pay-in Date = T+2 i.e. Apr 21 ,2014   + 2 days =Apr 23 , 2014
Sell Square off transactions Exchange Pay-out Date = T+2 i.e. Apr 23, 2014 + 2 days = Apr 25, 2014
No. of days delay in payment = Apr 23, 2014 to Apr 25, 2014 = 2 days delay

Thereby, for the above case say interest on Delayed payment charge is 1.5% per month or alternatively 18% p.a. then this would be calculated on the outstanding debit balance for 2 days delay as follows:

Delayed payment charge  on outstanding debit balance per day = outstanding debit balance  * Delayed payment  % per annum * 1/ 365 =80000* 18%*1/365 = Rs. 39.45/- per day or Rs.78.9  for 2 days .

b) E-Margin Position squared off on T+5

You bought 100 qty shares of  “Scrip A” at Rs. 1000 under E Margin on Apr 21 , 2014 with 20% Margin and sold full qty on Apr 28, 2014.i.e on T+5th day ,  In this example Delayed payment charges on outstanding debit balance  would be calculated as follows:

Margin amount  = (100*1000) * 20% = Rs 20000
Outstanding debit balance = (1000 * 100) - (100*1000) * 20% = Rs 80000
Buy transactions Exchange Pay-in Date = T+2 i.e. Apr21 ,2014 + 2 days =Apr 23 , 2014
Sell Square off transactions Exchange Pay-out Date = T+2 i.e. Apr 28, 2014 + 2 days = Apr 30, 2014
No. of days delay in payment = Apr 23, 2014 to Apr 30, 2014 = 7 days delay

Thereby, for the above case say interest on Delayed payment charge is 1.5% per month or alternatively 18% p.a. then this would be calculated on the outstanding debit balance for 7 days delay as follows:

Delayed payment charge  on outstanding debit balance per day = outstanding debit balance  * Delayed payment  % per annum*1/ 365=80000* 18%*1/365= Rs. 39.45/- per day or Rs.276.16 for 7 days .

ii. E Margin position Convert to Delivery (CTD).

a)   E-Margin CTD done on T+2nd day

You bought 100 qty shares of  “Scrip A” at Rs. 1000 under E Margin on Apr 21 , 2014 with 20% Margin and converted the full qty to “Delivery” on  Apr 23rd , 2014. i.e on T+2nd  day ,  In this example Delayed payment charges on outstanding debit balance  would be calculated as follows:

Margin amount  = (100*1000) * 20%  = Rs 20000
Outstanding debit balance = (1000 * 100) - (100*1000) * 20% = Rs 80000
Buy transactions Exchange Pay-in Date = T+2 i.e. Apr 21 ,2014   + 2 days =Apr 23 , 2014
CTD done on 23rd Apr 2014
No. of days delay in payment = Apr 23, 2014 to Apr 23, 2014 = 0 days delay

Thereby, no delayed payment charge will be levied for the aforementioned transaction.

b) E-Margin  CTD done on T+5th day


You bought 100 qty shares of  “Scrip A” at Rs. 1000 under E Margin on Apr 21 , 2014 with 20% Margin and converted the full qty to “Delivery” on  Apr 28, 2014. Ie on T+5th day ,  In this example Delayed payment charges on outstanding debit balance  would be calculated as follows:

Margin amount  = (100*1000) * 20%  = Rs 20000
Outstanding debit balance = (1000 * 100) - (100*1000) * 20% = Rs 80000
Buy transactions Exchange Payin Date = T+2 i.e. Apr 21 ,2014   + 2 days =Apr 23 , 2014
CTD done on 28th Apr 2014
No. of days delay in payment = Apr 23, 2014 to Apr 28, 2014 = 5 days delay

Thereby, for the above case say Delayed payment charge on Outstanding debit balance is 1.5% per month or alternatively 18% p.a. then this would be calculated on the outstanding debit balance for 5 days delay as follows:

Delayed payment charge  on outstanding debit balance per day = outstanding debit balance  * Delayed payment  % per annum  * 1/ 365=80000*18%*1/365 = Rs. 39.45 /- per day or Rs.197.26  for 5 days.

iii. E Margin position from Collateral

You bought 100 qty shares of  “Scrip A” at Rs. 1000 under E Margin on Apr 21 , 2014 with 20% Margin and sold full qty on Apr 28, 2014. i.e on T+5th day ,  In this example Delayed payment charges on outstanding debit balance  would be calculated as follows:

Margin amount  = (100*1000)*20%  = Rs 20000 , this margin is adjusted against existing collateral limits only , no bank pay-in for margin amount.
Outstanding debit balance = (1000 * 100) = Rs 100000
Buy transactions Exchange Pay-in Date = T+2 i.e. Apr 21 ,2014   + 2 days =Apr 23 , 2014
Sell Square off transactions Exchange Pay-out Date = T+2 i.e. Apr 28, 2014 + 2 days = Apr 30, 2014
No. of days delay in payment = Apr 23, 2014 to Apr 30, 2014 = 7 days delay

Thereby, for the above case say Delayed payment charge on Outstanding debit balance is 1.5% per month or alternatively 18% p.a. then this would be calculated on the outstanding debit balance for 7 days delay as follows:

Delayed payment charge  on outstanding debit balance per day = outstanding debit balance  * Delayed payment  % per annum  * 1/ 365 =100000*18%*1/365 = Rs. 49.32 - per day or Rs.345.24  for 7 days.

Transaction Charges will be charged @ 0.00325 for NSE Equity Segment and @ 0.00190 for Equity Derivative Segment.

You can view the turnover utilization of your existing brokerage plan by following the path:
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You can view your current  brokerage plan by following the path: 

Profile> My Subscription > 

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For securities quoting upto Rs. 10.00 per share, Brokerage will be charged at Rs. 0.03 per share, subject to minimum of Rs. 25/- per executed order (Rs.20/- per executed order for SA75000 scheme opters) and a maximum of Rs. 0.25 per share. 

E-Margin transactions will be charged delivery brokerage, if the position is not squared off on 'T' day.

The minimum brokerage charged for all orders in Equity Segment except Equity SIP orders will be Rs 25/- per order for Resident Indian clients, HUFs, Corporates etc. In Equity SIP the minimum brokerage charges will be Rs 20 per order. However the brokerage charged will not exceed 2.5% of the transaction value and Rs 0.25 per share in case of securities quoting below Rs 10. 

Account opening charge will be Rs. 999/- in case of E-form. For DIY online journey it will be Rs 499/-

REs which are neither renounced nor subscribed by the shareholders will lapse after the closure of the rights issue.

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The REs will get lapsed and will be removed from your holdings, You will lose the premium, if any, paid to acquire those REs.

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Your REs will lapse and you will lose the premium paid to acquire them. The RE will be in the form of temporary demat securities which will lapse if not renounced or exercised once the trading window is closed.

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No, you should have purchased the shares before the ex-date to be eligible for the rights issue.

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Refer to the Letter of Offer (LOO) of such issuer coming up with the Rights issue. They are required to include detailed processes related to REs, their trading etc. in their LOO.

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Yes, by purchasing the REs, a person who is not an existing shareholder of the issuer company can apply to the rights issue.

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REs are credited to the demat account before the date of opening of the issue.

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Shareholders are granted rights entitlements by temporarily crediting their Demat accounts with shares, giving them the right to participate in a rights issue. Rights entitlements are offered to shareholders as a ratio to the number of securities held on the record date at a discounted price.

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