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Dear pkuppusamy,

Thank you for your comments.

1. Instant payment gateway charges for over 21 banks - Rs 9 per fund transfer.

Mukesh Please find the below link. This article talks about multiple options to transfer funds and most of them are free.

https://www.chittorgarh.com/article/zerodha_fund_transfer_deposit_withdrawal/21/

2. DP charges for delivery based equity selling - Rs 8 per transaction

Mukesh Yes this is true and most of the discount broker changes it. But as you said, even after paying this you still over 60-70% which is a good amount of saving for most of the traders like you.

RKSV and RK Global are among other popular discount broker. You have to choose the discount broker based on your trading patterns. If you regularly around 150 trades a month, RKSV offers better prepaid plan.

One important fee which most of the traders who moved to discount brokers find expensive is 'Call and Trade Charges'. Discount broker Zerodha charges additional Rs 20 per executed order placed through call and trade. RKSV changes Rs 25 for the same.

Other than these changes, I am not aware of any other hidden charges which affect most of the traders. Unlike traditional brokers, all discount brokers are very transparent in term of charges. You can find all these details on their website.

Mukesh Kothari