We think no. They will charge as per Exchange guidelines.
My father has shares in DEMAT form in sharekhan. He wants to gift me shares. But sharekhan is charging 0.03% as transaction charges. Is there any other way to transfer shares to me without incurring charges? Can we directly transfer thru NSDL Ideas platform? If so, then will Sharekhan still be able to charge me transaction charges?
Hello Sir/ Madam,
Sorry but I have no first hand information about NSDL charging transfer fees as such.
ROhit ji Now Sharekhan is charging me. Not sur eif NSDL charges directly or not. If i transfer thru NSDL, then any idea if Sharekhan will again be able to charge me or not?
Or alternately is there any other solution for transfer of shares from father ot son without incurring charges?
Dear Sir,
Share transfer fee will be charged to you as per broker's fee schedule irrespective of mode of payment.
Please feel free to call/revert in case of any doubts
Thanks and Regards
Abhishek Dugar
CA CS B.Com
Dear Sir,
If you directly transfer without participating through Sharekhan, then Sharekhan should not charge you its transfer fees.
Trust this clarifies your query.
Feel free to call / get back in case of further clarifications.
Thanking You.
Regards,
Rohit R Sharma
BCOM, ACA, LLB-GEN, CERT. FAFP