Beneficiary_charges

what is that beneficiary charges. as per charges pattern 0 brokerage for eq delivery. kindly clarify

We would like to provide clarification on the charges at Alice Blue. When you buy / Sell the stocks under CNC (Equity Delivery), there are no brokerage charges involved. However, when you sell stocks from your holding (Demat account) to release the shares, beneficiary charges are applicable. These charges are separate from brokerage charges. The current applicable beneficiary charge is Rs.15+GST per scrip per day.

EQ delivery is free

Hi Alice blue

Super strategy

Zero brokerage but charges involved. What a idea ji.

Thanks
Prakash.

Could you please share the proof version for us to review and get back to you with your feedback?