The DPC (Delayed Payment Charges) are levied in the following scenarios
- Ledger debit or Margin shortfall: DPC will be charged @ 0.05% per day on the margin shortfall/ledger debit. If there is no margin shortfall/ledger debit at the end of the day, these charges will not be levied.
- Cash component less than 50% in case collateral has been given: For F&O and currency trading, the Exchanges accept 50% margin in cash and 50% in shares. The pledged securities (collateral) received from you will be given to the exchange against your margin requirements. In case the cash margin is less than 50%, though there will not be any margin penalty from the Exchange as the cash + collateral is sufficient, DPC @ 0.05% per day will be levied on the amount funded by us. A rebate shall be given to traders up to (50% of exchange margins) or collateral value after haircut, whichever is lower.
Let’s understand the DPC using below examples:
DPC Calculation
Case 1 (No Collateral)
Ledger Balance = 80000
Margin Used = 100000
Margin shortfall = 20000
DPC shall be charged on Rs.20000 = Rs.10 (20000*0.05%)
Case 2 (With Collateral without ledger balance)
Ledger Balance = 0
Collateral Value after haircut = Rs. 5 lacs
Margin used = Rs.1 lac
DPC shall be charged on = Rs.50000 i.e. 50% of 1 lac (Margin used)
Case 3 (With Collateral with ledger balance)
Ledger Balance = Rs.10000
Collateral Value = Rs.5 lacs
Margin used = Rs.1 lac
DPC shall be charged on = Rs.40000 i.e. 50% of Margin used (1 lac) – Ledger Balance (Rs.10000)
To avoid DPC charges, kindly make the timely payments and save your money. Click here for fund transfer details.
my account is being debited for Rs 320 + taxes every day, I am not able to understand why it is being debited, i have sufficient margin in my account so why it is being debited.
please provide me calculation sheet on the basis of which you are debiting these charges.
client code YUPM14
Hello Mukul,
Your account has been debited with Delayed Payment Charges (DPC). Please write us at support@vnsfin.com along with dates for which you need a clarification so that we can check and assist you.
If I don’t have fund balance, then how the sell order executed? You are not giving any statement but directly giving a debit notification!
Hello Girija,
We are unable to find any charges being debited for your client code. Request you to send us an email at support@vnsfin.com mentioning your client code. Our team shall check and update you.
If I sell my share then what will your brokerage charge
Hello Aditya,
Your current brokerage plan is value plan i.e. 0.7 paisa trading plan. In 0.7 plan you will be charged 0.7 paisa for Rs.100 in intraday equity & futures and 7 paisa per Rs.100 for equity delivery and Rs.7 per lot of options. For a better idea of the statutory charges applicable, please refer to our brokerage calculator.