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What is delay payment charges (DPC) or Interest charges?
Delayed Payment Charges (DPC) are levied on overall ledger debits or margin shortfalls. These are not penalties, but interest charges applied by the broker. To avoid DPC, clients should maintain at least 50% of the total margin in cash or cash equivalents . The remaining 50% can be met through approved non-cash collateral like stocks, mutual funds, Liquid Bees, or other eligible securities.
Delay payment charges will be calculated and applied to the customer’s ledger on a weekly basis.
Interest charges.
If your margin shortfall is Rs. 75,000 then you will be charged interest of Rs. 22.5 daily (75000 *0.03/100) for intraday position and Rs. 30 daily (75000 *0.04/100) for Carry Forward position.
Delay payment charges will be calculated and applied to the customer’s ledger on a weekly basis.
Interest charges.
- 0.03% for Intraday position margin shortfall.
- 0.04% for Carry Forward position margin shortfall.
If your margin shortfall is Rs. 75,000 then you will be charged interest of Rs. 22.5 daily (75000 *0.03/100) for intraday position and Rs. 30 daily (75000 *0.04/100) for Carry Forward position.
Last updated: 4 Months Ago
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