Fyers Pledging and Unpledging charges.

Hi, @tejas_khoday may I know why the charges of pledging and unpledging are so much its like almost Rs. 144+GST per script. It gets very difficult since we have to buy stocks in parts at dips and then pledge it. Most of the other brokers are charging Rs. 25-30+GST. Even Bank brokers are not charging this much. Please consider the request and think about modifying it. Unreasonable charges make it reluctant for people to join Fyers.

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What are the pledge charges?

Hi @nJolJKsn12,

We’ve reduced the pledge & unpledge charges to Zero. In fact, many of our charges are now Zero. Kindly refer to our *Pricing *page for more details on this.

Also, the Pledge process has now been made easier and you can place a pledge request in approximately 10 minutes. Do check out our ***Pledge portal ***for more information.

Happy Trading! :slight_smile:

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@P5riXHjRDF It takes 1-2 days as i had experienced recently, it doesn’t takes 10-15 minutes. after Unpledged buying average price has been reset it self.