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I see a deduction of Rs 10.62 on my ledger, what is this for?

Whenever you add money to your trading account using the payment gateway on Kite or Pi you would be charged Rs. 9 + 18% GST, i.e. is Rs. 10.62. This is the payment gateway charges. The charge will be applicable for Netbanking.

This amount will be charged irrespective of the value/amount transferred using the gateway. (the minimum amount that has to be transferred is Rs. 50)

An alternative way to transfer funds into your account is through IMPS, by which you can avoid being charged the gateway charges.

Note: UPI transactions are free of cost as an introductory offer.

Click here to know the bank account details for the IMPS transfer.