Charges for Negative fund Balance

Hi @Dhan team,

Can i know what are the penalty charges for maintaining a negative balance?

I could find no documentation on the same.

Hi @Akshay009, for ledger negative, if the debit obligation is not clear up to the settlement day, then Dhan will charge delayed payment charges at 0.0438% per day.

You can read more about the Delayed Payment Charges and ageing-based square-off in the risk policy here

Thanks :smiley: