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New charges on UPI payments: Here's what you will be charged for stock market investments

Reported by Kavya Rao (Senior Writer) · Economic Times - Markets ·

New charges on UPI payments: Here's what you will be charged for stock market investmentsRepresentative image · Wikimedia Commons

New charges on UPI payments: Here's what you will be charged for stock market investments. UPI payments for capital market transactions will attract a nominal 0.02% Merchant Discount Rate, capped at Rs 300. The fee covers mutual funds, securities, brokers and dealers, with limited impact expected for long-term investors but greater sensitivity among frequent traders.

Read more at Economic Times - Markets