For purchase of shares you have to transfer funds before placing the order. Funds can be transferred from any HDFC Bank account or ICICI Bank account having internet banking (no separate registration is required for transferring funds to PPFAS).

A Demat account will have to be opened with PPFAS once our DP operations commence. In the meantime you can transfer shares online through Speed- e facility with your DP or by way of a manual demat slip.

Contract notes will be issued in the form of Digitally signed Electronic Contact Note (ECN). Funds and Securities pay out will be directly credited to your bank / demat account.

Currently derivatives transactions will not be enabled for internet brokerage.

Any hidden charges?

None. Statutory charges to be paid in addition to brokerage. 1) Stamp charges at the time of account opening (one time). 2) Service tax on brokerage and 3) Securities Transaction Tax (STT).