Our Pricing Plans
Statutory Charges
Charges |
Delivery |
Intraday |
Equity Futures |
Equity Options |
Commodity Futures |
Commodity Options |
|---|---|---|---|---|---|---|
GST |
18% GST on Brokerage, Exchange Transaction Charges and SEBI Turnover Charges | |||||
STT / CTT |
0.1%
BUY
SELL
|
0.025%
SELL
|
0.02%
BUY
|
0.1% on Premium(on sell side)
0.125% of the intrinsic value on bought and exercised options
|
0.01% on Turnover for Non Agri commodities
SELL
|
0.05% on Premium
SELL
|
Exchange Transaction Charges(including IPFT) |
NSE: 0.00307% BSE: 0.00375%
BUY
SELL
|
NSE: 0.00307% BSE: 0.00375%
BUY
SELL
|
NSE: 0.00183% BSE: 0
BUY
SELL
|
NSE: 0.03553% (on premium)
BSE: 0.0325% (on premium)
BUY
SELL
|
0.0021%
BUY
SELL
|
0.0418% on Premium
BUY
SELL
|
SEBI Turnover Charges |
0.0001%
BUY
SELL
|
0.0001%
BUY
SELL
|
0.0001%
BUY
SELL
|
0.0001%
BUY
SELL
|
Non Agri: 0.0001%
Agri:0.00001%
BUY
SELL
|
0.0001% on Premium
BUY
SELL
|
Stamp Duty |
0.015%
BUY
|
0.003%
BUY
|
0.002%
BUY
|
0.003%
BUY
|
0.002% on Turnover
BUY
|
0.003% on Premium
BUY
|
Other Charges
- Brokerage of 0.15% shall be applicable on Physical Delivery of F&O Contracts irrespective of existing brokerage plan.
- Demat charge of Rs. 20 plus GST would be charged towards each debit instruction from your demat account for your sale obligations.
-
In Commodity segment:
- Brokerage will be ₹20/ order across all brokerage plans.
- Call and Trade line and System Square-Off charges: ₹50/ order.
- Interest (0.027 % per day + GST) will be applicable on Shares given as Collateral and utilised as Margin for carry forward positions. If you have Shares as Margin (SAM) and Cash component allocated in your trading account then system will block SAM limit first and interest will be charged on the utilized SAM limit.
MoneySaver Plan
MoneySaver is the default plan. If you are not in any plan then you will be in the MoneySaver Plan. The details of MoneySaver plan are:
Brokerage details
- Delivery: 0.29%
- Intraday/Futures: 0.029%
- Options: ₹49 per lot
- Commodity: ₹20 per order
Benefits
- MTF interest rate: 17.99 % p.a. or 0.049% per day
Frequently Asked Questions
What does brokerage mean?
Brokerage refers to the fee paid for the service provided by a broker, a licensed professional or a company that facilitates the buying and selling on behalf of investors. Brokers act as intermediaries between buyers and sellers, ensuring that transactions are executed efficiently and according to market regulations.
Why do stock brokers charge brokerage fee?
In the stock market, brokerage specifically refers to the fees charged by brokers for executing buy and sell orders of stocks and other securities. This stock brokerage fee compensates the broker for providing access to the stock market, offering research and trading tools, and executing trades on behalf of the investor. The brokerage fee structure can vary widely depending on the type of broker, the volume of trades, and the services provided.
Types of stock brokers
Full-Service Brokers:
- Full-service brokers typically offer a whole suite of financial services including investment advice, research-based stock recommendation, and financial planning.
- Their brokerage charges are customisable to individual customers investment and trading needs
- Many full-service brokers also offer secure online trading platforms for tech-savvy investors.
Discount Brokers:
- Discount brokers usually focus primarily on executing trades with minimal additional services.
- They offer lower fees, making it a cost-effective option for self-directed investors and traders.
- Many also provide digital trading platforms.
Stock brokerage fee breakdown
Commission Fees: A fee charged per trade, which can be a flat rate or a percentage of the traded value.
Account Maintenance Charges: Monthly or annual fees for maintaining a stock brokerage account.
