What are "Delivery Handling Charges" ?? Which brokers have it ?

timepass

timepass

Moderator
#1
#1
I just checked my ledger with Sharekhan and was shocked to see an entry for "Delivery handling charges". Can someone please explain it to me ? Do the other brokers have such charges ?



It seems that the brokers charge the consumer for delivery of shares, under different guises. The discount brokers keep the delivery shares in their pool till the month end and then transfer it to your DP account and charge for it. One broker here in Surat - R. Wadiwala - charges a min brokerage of Rs. 15 per contract note, even if you buy a small amount of shares, say 5 shares of Reliance, you will be charged min Rs. 15 as brokerage.

Here Sharekhan have this "Delivery Handling Charges"
 
test123

test123

Banned
#2
#2
when u sell shares and when it gets transferred to your demate to nse .. i think broker charges R.s 10 or R.s 15 whatever there charge is ..

confirm it with other tho not 100% sure on that one. for every broker it be different best will be to email share khan and ask them details of charge .
 
M

mastermind007

Well-Known Member
#3
#3
timepass said:
I just checked my ledger with Sharekhan and was shocked to see an entry for "Delivery handling charges". Can someone please explain it to me ? Do the other brokers have such charges ?



It seems that the brokers charge the consumer for delivery of shares, under different guises. The discount brokers keep the delivery shares in their pool till the month end and then transfer it to your DP account and charge for it. One broker here in Surat - R. Wadiwala - charges a min brokerage of Rs. 15 per contract note, even if you buy a small amount of shares, say 5 shares of Reliance, you will be charged min Rs. 15 as brokerage.

Here Sharekhan have this "Delivery Handling Charges"
Click to expand...
Yes, all brokers have some fees for handling DP charges. Sharekhan fees are the least offensive overall.
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
shubhamchugh Download Historical Bhavcopy with Delivery Data Data Feeds 0
C Axis direct provide emargin - they provide 75% margin for delivery shares up to 90 days Brokers & Trading Platforms 4
K delivery Metals 1
K trade planned for delivery but target achieved same day Day Trading 0
N BTST Profit Target and Delivery Handling Charges General Trading & Investing Chat 5

Similar threads