Home  :  About Us  :  Press Releases

20% Reduction In NSDL Transaction Charges

NSDL, since its inception has reviewed its charge structure from time to time, in order to pass on the benefit of the increasing volumes to the market. The number of transactions have shown a steady increase in the recent times. Keeping in line with NSDL's policy of passing on the benefit of increased volumes to the market, NSDL has revised the fee structure with effect from 1st January 2004.

NSDL's charge to the DP's for debit instruction has been reduced from Rs.10/- to Rs.8/- i.e. a reduction of 20%. NSDL believes that the reduction will enable the DPs to reduce their charges to the investors. The Corporate Action Fee, payable by issuers, has also been reduced from Rs.10/- per record to Rs.8/- per record.

Mumbai
December 4, 2003