WEB<\/a>). The Best Bid column displays the price at which shares can be borrowed, while the Best Offers column shows the price at which shares can be lent.<\/p>\n\n\n\nExample Scenario:<\/p>\n\n\n\n
Let’s consider lending 100 shares of BAJAJ-AUTO at a lending price of \u20b913 each, as illustrated below. In this case, the charges would be as follows:<\/p>\n\n\n\n
A. A processing fee of 20% is applied to the turnover (100\u00d713=1300) = 20% of 1300 = \u20b9260.<\/p>\n\n\n\n
B. 18% GST on the processing fee = 18% of 260 = \u20b946.8.<\/p>\n\n\n\n
Total CubePlus SLB fees: A+B = \u20b9306.8.<\/p>\n\n\n\n
These charges are directly debited from your CubePlus account when shares are lent or borrowed. Additionally, DP charges are levied if shares are lent using SLB.<\/p>\n\n\n\n
For Lender: The charges are deducted from the proceeds credited to the CubePlus account on the day shares are lent.<\/p>\n\n\n\n
For Borrower: The charges are debited from the CubePlus account on the day shares are borrowed.<\/p>\n\n\n\n
<\/p>","protected":false},"excerpt":{"rendered":"
What are the charges for CubePlus SLB transactions? The processing charges for CubePlus SLB transactions comprise 20% of the lending\/borrowing price, along with 18% GST. You can verify the lending\/borrowing price on CubePlus SLB bids and offers by visiting the NSE website (WEB). The Best Bid column displays the price at which shares can be […]<\/p>","protected":false},"author":1,"featured_media":0,"parent":11414,"menu_order":52,"comment_status":"closed","ping_status":"closed","template":"","doc_tag":[],"acf":[],"_links":{"self":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/11453"}],"collection":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/comments?post=11453"}],"version-history":[{"count":0,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/11453\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/11414"}],"wp:attachment":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/media?parent=11453"}],"wp:term":[{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/doc_tag?post=11453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}