Dear Investors,
At Dhan, we constantly improve your trading experience based on your feedback. One concern we’ve received is about DP transaction charges being applied multiple times when selling the same stock more than once in a day.
Based on your feedback we have simplified this process.
What’s Changing?
Previously, if you sold the same stock multiple times in a day, each sale incurred a separate DP charge because early pay-in transactions were processed immediately as shares were sold from your free holdings. This allowed you to get the “credit for sell” benefit right away, and the charges followed CDSL guidelines.
However, based on user feedback, we’re simplifying the process to improve your experience. While the old method was correct, we believe this change will make it easier for you.
New Process:
From now on, if you place multiple sell orders for the same stock in one trading day, you’ll only be charged once for DP transactions, even for multiple “early pay-in” transactions. This change aims to eliminate your concern and make things easier and smoother for you.
This new process is already live and will apply to all sell transactions from January 31, 2025, onwards. The single DP charge will be applied starting February 3, 2025.
Exceptions to This Change
While this change applies to most transactions, there are a few cases where separate DP charges may still apply:
- If part of your sell order is processed through early pay-in and the rest is settled using a different method (e.g., Normal Pay-in). This usually happens with BTST or shares received in auction payouts.
- This change does not apply to pledge, un-pledge, invoke, or similar transactions.
As always, we value your feedback and make improvements based on your suggestions.
We believe this change makes Dhan more competitive and ensures transparency and fairness in our pricing.
Happy Investing & Trading,
Rajesh Jain