Brokerage
- ICICIdirect Prime
- ICICIdirect Neo
- Prepaid Brokerage Plan
- I - Secure Plan
- NRI Prepaid Brokerage
- NRI Brokerage
Experience the revolutionary ICICIdirect Prime Membership Plan that gives you.
- More than 50% Brokerage reduction
- Instant payout for your stocks sold (eATM)
- Exclusive Research
| Prime Plan () | Total amount with GST () | Scheme Validity (in days) | Cash % | Margin / Futures % | Options (Per Lot) () | Currency Futures | Currency Options | Commodity Futures | eATM Limit () | Special MTF Interest rates/LPC (% per Day) |
|---|---|---|---|---|---|---|---|---|---|---|
| 299.00 | 352.82 | 365 | 0.27 | 0.027 | 40 | 20 per order | 20 per order | 20 per order | 2.5 lakhs | 0.04 |
| 999.00 | 1,178.82 | 365 | 0.22 | 0.022 | 35 | 20 per order | 20 per order | 20 per order | 10 lakhs | 0.035 |
| 1,999.00 | 2,358.82 | 365 | 0.18 | 0.018 | 25 | 20 per order | 20 per order | 20 per order | 25 lakhs | 0.031 |
| 2,999.00 | 3,538.82 | 365 | 0.15 | 0.015 | 20 | 20 per order | 20 per order | 20 per order | 1 Cr | 0.024 |
Note
18% GST will be applicable on the Prime Plan amount. The validity of all the Prime Plans will be one year.
Additional Benefits:
- Access to exclusive 'Research content' and 'Website' for all Prime cards
- Special reduced 'Interest' on delayed payments/MTF carry forward positions in Equity Margin Product
- NCD/Bonds transactions along with penny stocks charged at a lower brokerage as that of cash.
- In Currency and Commodity segment, Call and Trade line and system square off charges will be applicable at the rate of Rs. 50 per order
How to subscribe for ICICIdirect Prime Plan?
How to subscribe for ICICIdirect Prime Plan?
Selecting ICICIdirect Prime plan is very simple. All you have to do is:
- Login to your ICICIdirect.com account
- Visit Settings – Brokerage & charges – My Brokerage plan section
- In case you are unable to see the Link for selecting ICICIdirect Prime plan in this section, please call our customer care numbers to enable the link
Terms and Conditions
- Prime membership plan is available only to Resident individuals, non-individuals & HUFs
- GST @ 18% would be applicable on the fee of Prime plan
- Rs.20/- plus GST would be charged towards demat charges for each debit instruction from your demat account for your sale obligations
- Brokerage on intraday trades in Futures and Options will be the same for both legs and will be charged as per the Prime plan selected
- Minimum brokerage in Delivery segment will be Rs.25 or 0.75% of turnover, whichever is lower; in SEP segment, it will be Rs.10 or 0.75% of turnover, whichever is lower and in Margin segment, it will be Rs.15 or 2.5% of turnover, whichever is lower
- Transaction slabs per trade upto which minimum brokerage will be charged are mentioned in the below table. If transaction value per trade is above the mentioned slabs, brokerage rates as respective Prime plan will be charged
Following is the minimum brokerage charged
| Following is the minimum brokerage charged | ||||||
|---|---|---|---|---|---|---|
| Prime Plan | Delivery Segment | SEP | Margin Segment | |||
| Transaction upto in (in ) | Brokerage in () or in % | Transaction upto in (in | Brokerage in () or in % | Transaction upto in (in | Brokerage in () or in % | |
| 299 | 9,259 | ₹ 25 or 0.75 % which ever is lower | 4,000 | ₹ 10 or 0.75 % which ever is lower | 55,555 | ₹ 15 or 2.5 % which ever is lower |
| 999 | 11,363 | 4,545 | 68,182 | |||
| 1,999 | 13,889 | 5,556 | 83,333 | |||
| 2,999 | 16,667 | 6,667 | 100,000 | |||
Introducing ICICIdirect Neo, our new-age revolutionary offering where you get Zero Brokerage in Futures , Rs 20 un-limited per order brokerage in Options and Intraday Equity !
Note
- In case you have any Free cards active in your account the same would be cancelled once the ICICIdirect Neo pricing plan is activated. You may utilise your complimentary brokerage and then opt for ICICIdirect Neo. To check your free card balance, click here
- Brokerage in all Cash products and Margin Trading Funding (MTF) products will continue as per your existing plan. In case of same day square off in MTF product the square off leg will be charged Rs.20 per order.
- ₹299 will be debited towards one time subscription fee
Additional Benefits:
- Get your funds within 30 minutes of selling shares
- Avail Margin Funding at 0.025% per day
- Access to our award-winning research team
How to subscribe for ICICIdirect Neo Plan?
Selecting ICICIdirect Neo plan is very simple. All you have to do is:
- Login to your ICICIdirect.com account
- Visit Settings – Click on ICICIdirect Neo
- In case you are unable to see the Link for selecting ICICIdirect Neo plan in this section, please call our customer care number on 1860 123 1122
Terms and Conditions
- This Neo Pricing plan is available only to Resident individuals, non-individuals & HUFs.
- ₹299 plus 18% GST would be debited towards one time subscription fee for ICICIdirect Neo
- Brokerage on all trades in Futures and Options will be the same for both legs and will be charged as per the above table.
- There will be no change in the statutory charges levied. Statutory charges will be levied on all trades. You can also view these charges on our website www.icicidirect.com under Services Brokerage plan.
- If you have subscribed for Options195, Option 20 or Bullet plan, then these plans would be de-mapped and only the pricing as per the Neo plan would be applied in Option segment.
- Call and Trade line and system square off charges will be applicable at the rate of Rs. 50 per order w.e.f Jan 1, 2021
- Interest on shares as margin in derivatives at the rate of 0.025% per day will be charged w.e.f. Jan 1, 2021
- The minimum brokerage charged for the intraday equity margin segment for transactions upto Rs.40,000 will be 0.05% of the trade value or Rs.20, whichever is lower. All statutory charges will be levied over and above the brokerage charged
- There would be no change in brokerage rates in any of the delivery products in Equity segment. The Brokerage rates with the minimum brokerage would continue to be as per the customers’ existing base plan
- Please note the ‘Change mode’ and ‘convert to Delivery’ functionality would not be available for intraday products in ICICIdirect Neo pricing plan.
Reduce your brokerage to as low as 0.09%, 0.009% & Rs 10 in Cash, Margin/ Futures & Options respectively
Life time Prepaid Brokerage Plan
With Lifetime Prepaid Brokerage Plan you get discounted brokerage rates and you save on your transaction cost. Prepaid brokerage plan comes with a Life time validity of 15 years. You can utilize the brokerage amount till it is exhausted within the span of 15 years.
Choose from 6 different plans as per your need
| Prepaid Plan() | Total amt with GST() | Cash % | Margin / Futures % | Options (per lot)() | Currency Futures | Currency Options | Commodity Futures |
|---|---|---|---|---|---|---|---|
| 5,000.00 | 5,900.00 | 0.25 | 0.025 | 35 | () 20 per order | () 20 per order | () 20 per order |
| 12,500.00 | 14,750.00 | 0.22 | 0.022 | 30 | () 20 per order | () 20 per order | () 20 per order |
| 25,000.00 | 29,500.00 | 0.18 | 0.018 | 25 | () 20 per order | () 20 per order | () 20 per order |
| 50,000.00 | 59,000.00 | 0.15 | 0.015 | 20 | () 20 per order | () 20 per order | () 20 per order |
| 1,00,000.00 | 1,18,000.00 | 0.12 | 0.012 | 15 | () 20 per order | () 20 per order | () 20 per order |
| 1,50,000.00 | 1,77,000.00 | 0.09 | 0.009 | 10 | () 20 per order | () 20 per order | () 20 per order |
Note
- Both buy and sell Legs of Intra-day Futures & Options will be charged as per your applicable brokerage rates
- Rs. 20/- Plus + GST would be charged towards demat charges for each debit instruction from your demat account for your sale obligations
- For transactions done in Penny Stocks, NCD's and Bonds, cash brokerage applicable to your Prepaid card will be charged
Please note the above rates will be applicable after April 08, 2019
In Currency and Commodity segment, Call and Trade line and system square off charges will be applicable at the rate of Rs. 50 per order
Savings as compared to I-Secure brokerage plan @0.55%
| Prepaid Card Value | Delivery Brokerage Rates (Prepaid) | Intra-day Brokerage Rates ( Margin / Margin Plus ) | Future Brokerage Rates | Brokerage on Options in () | Savings in Delivery Brokerage Rates (I-Secure) | Savings in Futures Intra-day brokerage Rates |
|---|---|---|---|---|---|---|
| 5,000.00 | 0.25% | 0.025% | 0.025% | () 35 per lot | 55% | 50% |
| 12,500.00 | 0.22% | 0.022% | 0.022% | () 30 per lot | 60% | 56% |
| 25,000.00 | 0.18% | 0.018% | 0.018% | () 25 per lot | 67% | 64% |
| 50,000.00 | 0.15% | 0.015% | 0.015% | () 20 per lot | 73% | 70% |
| 1,00,000.00 | 0.12% | 0.012% | 0.012% | () 15 per lot | 78% | 76% |
| 1,50,000.00 | 0.09% | 0.009% | 0.009% | () 10 per lot | 84% | 82% |
How to subscribe for Prepaid Brokerage Plan?
Selecting prepaid plan is very simple. All you have to do is:
- Login to your ICICIdirect.com account
- Visit customer service page - Select your brokerage plan section - Select your desired plan
- In case you are unable to see the Link for selecting Prepaid Brokerage plan in this section, please call our customer care numbers to enable the link
Prepaid terms and conditions
- Prepaid plan is valid for life time; i.e. for a period of 15 years. You may use the balance in your prepaid brokerage account at any time during its validity
- You have the option to exit and take refund of unutilized Prepaid amount post the completion of 1 Year from the date of subscription. The balance in your Prepaid Brokerage account including Goods and Services Tax and after adjusting your outstanding obligations, if any, will be refunded to you. You will be mapped to I Secure Brokerage plan. (Applicable only for new Prepaid plan selected from May 10, 2018)
| Following is the minimum brokerage charged | ||||||
|---|---|---|---|---|---|---|
| Prepaid Card in (()) | Delivery Segment | SEP | Margin Segment | |||
| Transaction upto in (in ) | Brokerage in () or in % | Transaction upto in (in | Brokerage in () or in % | Transaction upto in (in | Brokerage in () or in % | |
| 5,000 | 10,000 | () 25 or 0.75 % which ever is lower | 4,000 | () 10 or 0.75 % which ever is lower | 60,000 | () 15 or 2.5 % which ever is lower |
| 12,500 | 11,364 | 4,545 | 68,182 | |||
| 25,000 | 13,889 | 5,556 | 83,333 | |||
| 50,000 | 16,667 | 6,667 | 1,00,000 | |||
| 1,00,000 | 20,833 | 8,333 | 1,25,000 | |||
| 1,50,000 | 27,778 | 11,111 | 1,66,666 | |||
| Following are the Late Payment/Interest charges on outstanding payment beyond pay-in date for positions taken under Margin - Client Square Off mode in BSE and NSE | ||
|---|---|---|
| Prepaid Card (Rs.) | Annual Rate | Daily Rate |
| 5,000 | 12.90% | 0.035% |
| 12,500 | 12.90% | 0.035% |
| 15,000 | 11.40% | 0.031% |
| 50,000 | 8.90% | 0.024% |
| 1,00,000 | 8.90% | 0.024% |
| 1,50,000 | 8.90% | 0.024% |
Announcement
The Late Payment/Interest charges for Prepaid cards of Rs.300,000 and Rs.200,000 will be increased to 11% and 11.75% per annum respectively, from their existing rates w.e.f Dec 01, 2018. Please take note of this change.
Note
If the interest paid under Margin Trading falls below G-sec rate on total position value, differential interest will be charged to ensure adherence to minimum interest rate (G-sec rate). Know more
You can place online request for refund of Prepaid Brokerage within 5 days of Prepaid Plan selection.
You will be able to place the request only if you have not utilized your Prepaid Plan after the amount is debited from your account
Request for Prepaid un-subscription can placed on Customer Service Page - Services – Un-subscription
Please Note
All charges are calculated upto four decimal and are rounded off to two decimal for Credit/Debit purpose
For Bank Fee, Demat Fee Schedule etc. Click here for NSDL and Click here for CDSL
Brokerage in Cash
| Total Eligible Turnover (Per calendar Quarter) | Brokerage (%) | Second Leg Of Intraday Trades | Effective Brokerage on Intraday Squareoff |
|---|---|---|---|
| Irrespective of turnover | 0.55 | Nil | 0.275% |
Brokerage in Margin & Margin Plus
- The brokerage for Margin and Margin Plus under I - Secure Plan would be 0.050%
- The minimum brokerage for transactions upto 50000 is 25 or 2.5% whichever is lower. All statutory charges would be levied over and above minimum brokerage
- Brokerage rate mentioned above would be levied for trade value exceeding 50000
Brokerage in Future, Future Plus and Future Plus Stop Loss
| For Equity Futures | Equity Future and Future Plus |
|---|---|
| Brokerage (%) | Flat Brokerage on other leg of Intraday square off |
| 0.050 | 50/- |
Brokerage in Currency Futures & Future Plus Stop Loss
Goods and Services Tax (GST), SEBI turnover charges, Transaction Charges (inclusive of Service tax) and Stamp duty will be charged in addition to brokerage as follows :
- GST will be charged at 18% on total value of brokerage.
- SEBI turnover charges at 0.00005% on turnover (5 per crore) in Currency Future and 0.000025% on turnover (2.5 per crore) in Interest Rate Future.
- NSE Transaction Charges will be charged @ 0.0009% on turnover. Applicable GST would be charged over & above Transaction charges.
Brokerage in Commodity Futures
Goods and Services Tax (GST), Commodity Transaction Tax (CTT), SEBI turnover charges, Transaction Charges(inclusive of GST) and Stamp duty will be charged in addition to brokerage as follows :
- GST will be charged at 18%on total value of brokerage.
- Commodity Transaction Tax (CTT) at 0.01% on turnover (On Sell side).
- SEBI turnover charges at 0.00005% (5 per crore) on turnover for Non Agri commodities and 0.000005% (0.5 per crore) on turnover for Agri commodities.
- MCX Transaction Charges will be charged 0.0026% on turnover for MCX Group A Commodities. Applicable GST would be charged over & above Transaction charges.
- Stamp Duty at 0.002% on turnover (On Buy Side).
- Call and Trade line and system square off charges will be applicable at the rate of Rs. 50 per order
Brokerage in Options & Option Plus
| Flat brokerage per contract lot () | Flat Brokerage on Second leg of Intraday square off ( per lot) |
|---|---|
| 95/- | 50/- |
Brokerage in Currency Options
Goods and Services Tax (GST), SEBI turnover charges, Transaction Charges (inclusive of Service tax) and Stamp duty will be charged in addition to brokerage as follows :
- GST will be charged at 18% on total value of brokerage.
- SEBI turnover charges at 0.00005% on turnover in Currency Future and 0.000025% on turnover in Interest Rate Future.
Brokerage in NCDs / Bonds (w.e.f. July 10, 2012)
| Amount | Below 5 Yrs | Tenure * Below 5 Yrs |
|---|---|---|
| Less than or Equal to 1 Cr | 0.75% | 1.00% |
| More than 1 Cr, Less than 5 Cr | 0.50% | 0.75% |
| 5 Cr and above | 0.50% | 0.50% |
Please Note: All charges are calculated upto four decimal and are rounded off to two decimal for Credit/Debit purpose
For Bank Fee, Demat Fee Schedule etc. Click here for NSDL and Click here for CDSL
Prepaid Brokerage Plan :
With Prepaid Brokerage Plan you get discounted brokerage rates and save on your transaction cost. Prepaid brokerage comes with a lifetime validity of 15 years. You can utilize the prepaid brokerage within a span of 15 years or till the time the eligible turnover is exhausted whichever is earlier. For all new Prepaid subscription done from May 10, 2018, customers have the option to exit and take refund of unutilized Prepaid amount after completion of 1 Year of prepaid subscription, On doing so the balance in your prepaid brokerage account including GST will be refunded after adjusting any obligations with I-Sec if any to your NRO bank account (Non Pins or Pins) or paid by way of cheque and your account will be mapped to normal brokerage of 1.25% post refund.
| Prepaid Plan () | GST () | Total () | Cash Brokerage | Eligible Cash Turnover () |
|---|---|---|---|---|
| 10000 | 1800 | 11800 | 0.75% | 1333333 |
| 50000 | 9000 | 59000 | 0.50% | 10000000 |
| 100000 | 18000 | 118000 | 0.35% | 28571429 |
| 200000 | 36000 | 236000 | 0.30% | 66666667 |
| 300000 | 54000 | 354000 | 0.20% | 150000000 |
Note: Prepaid brokerage plan is applicable in Equity Segment only
The path to select the prepaid brokerage plan is customer service - select Brokerage Plan
Savings as compared to Normal NRI brokerage plan of 1.25%
| Prepaid Plan (₹) | Cash Brokerage | Savings in brokerage |
|---|---|---|
| 10000 | 0.75% | 40% |
| 50000 | 0.50% | 60% |
| 100000 | 0.35% | 70% |
| 200000 | 0.30% | 72% |
| 300000 | 0.20% | 84% |
Terms and Conditions
Prepaid brokerage comes with a lifetime validity of 15 years. You can utilize the prepaid brokerage within a span of 15 years or till the time the eligible turnover is exhausted whichever is earlier
For all new Prepaid subscription done from May 10, 2018, you have the option to exit and take refund of unutilized Prepaid amount after completion of 1 Year of prepaid subscription, On doing so the balance in your prepaid brokerage account including GST will be refunded after adjusting any obligations with I-Sec if any to your NRO bank account (Non Pins or Pins) or paid by way of cheque and your account will be mapped to normal brokerage of 1.25% post refund.
Read MoreEquity Brokerage Structure
| Total Eligible Turnover (Volume of Transaction) per month | Brokerage |
|---|---|
| Trades above Rs. 50,00,000/- (Above Rs. 50 lacs) | 0.50 % |
| Rs . 25,00,001/- to Rs. 50,00,000/- (Rs. 25 lacs to Rs. 50 lacs) | 0.75 % |
| Rs . 10,00,001/- to Rs. 25,00,000/- ( Rs. 10 lacs to Rs. 25 lacs) | 0.90 % |
| Rs . 5,00,001/- to Rs. 10,00,000/- ( Rs. 5 lacs to Rs. 10 lacs) | 1.00 % |
| Up to Rs. 5,00,000/- (Rs. 5 lacs) | 1.25 % |
Brokerage Examples :
- If the total value of buy and sell transactions is Rs. 5,00,001 or more in any calendar month, commission for the immediate next month would come down by 25 basis point to 1.00%. However if in the next calendar month, the total value of buy and sell transactions is less than Rs. 5,00,000 (Rs. 5 lacs), the applicable commission for the immediate next quarter would increase by 25 basis point and reinstated to1.25 %.
For example, the total value of buy and sell transaction for a Month I is Rs.30,00,000. Applicable brokerage for the Month II would be 0.75 %, which would be retained at 0.75% or revised upward up to 1.25 % for Month III based on the total value of transaction in Month II.
| MONTH | TURNOVER | BROKERAGE RATE | NEXT MONTH BROKERAGE AS PER TURNOVER DONE |
|---|---|---|---|
| Month 1 | 30,00,000/- | 1.25% | 0.75% |
| Month 2 | 60,00,000/- | 0.75% | 0.50% |
| Month 3 | 12,00,000/- | 0.50% | 0.90% |
| Month 4 | 2,50,000/- | 0.90% | 1.25% |
- For NSE Trades Brokerage is calculated on a per share basis and is rounded off to the fourth decimal
- For BSE Trades Brokerage is calculated on a per share basis and is rounded off to the second decimal
- GST will be charged at 18% on total value of brokerage
- Securities Transaction Tax (STT) at 0.1% on turnover
- SEBI turnover charges at 0.0001% on turnover
- Transaction Charges will be charged @ 0.00285% for NSE and Rs 0.75 per trade basis for all scrip's for BSE (Except for BSE listed securities "X","XC","XD","XT","Z","ZP","P" where transaction charges will be 0.1% and SS and ST segment 1% on turnover, "M","MT", "R" will be 0.0028%). Applicable GST would be charged over & above Transaction charges.
- Applicable Stamp Duty charges as per delivery and non-delivery would be levied on turnover
- he final value of Brokerage and GST is arrived at by multiplying the per share value in four decimals with the Quantity. This value is then rounded off to two decimals
- The minimum value of the order that would be accepted would be Rs. 200/- and the minimum brokerage would be Rs. 75/- per trade. The minimum brokerage is Rs.75/- or 2.5% of the trade value whichever is lower. The brokerage is inclusive of bank's charges for Portfolio Investment Services (PINs), demat market transaction charges and postage charges. GST, Securities Transaction Tax (STT), Transaction Charges and Stamp Duty will be charged additionally as per the applicable rate.
- Cash Brokerage shall be levied for Orders placed in OFS and Buyback apart from all other statutory charges
Minimum Order Values
Minimum order value would be Rs.50
Demat Account Fee schedule for Non Resident Indians (With effect from June 01, 2005):
| Fee Head | For Domestic Communication Address | For Foreign Communication Address |
|---|---|---|
| A/c opening Charges | Nil | Nil |
| First Year AMC | Nil | Nil |
| Annual Service Charges (payable at the time of account opening and thereafter every year in the month in which the account was opened) (waived off for all ICICI Direct.com Customers for the first year in which they open the account) | 700/- | 1200/- ( 1150/- for customer receiving statements by e-mail) |
| Agreement Stamp Paper (included in the ICICI Direct.com a/c opening charges) | Nil | As per respective State Act |
| Buy - Market and Off-Market (% of transaction value of each ISIN) - Max. 500 for debt instruments | Nil for Trades done on www.icicidirect.com | Nil for Trades done on www.icicidirect.com |
| Sell - Market and Off-Market (% of transaction value of each ISIN) - Max. 500 for debt instruments - Instruction submitted through Internet (E-inst / IVR) - Instruction submitted through Call Centre - Instruction submitted at Branches | Nil for Trades done on www.icicidirect.com 0.04% (Min. 30) & Max 25,000/- 0.04% (Min. 35) & Max 25,000/- 0.04% (Min. 40) & Max 25,000/- | Nil for Trades done on www.icicidirect.com 0.04% (Min. 10) & Max 25,000/- 0.04% (Min. 15) & Max 25,000/- 0.04% (Min. 30) & Max 25,000/- |
| Rejections/Fails | 30/- | 30/- |
| Extra charges for processing of TIFDs submitted late (% of transaction value) - Instruction submitted through Internet (E-inst / IVR) - Instruction submitted through Call Centre - Instruction submitted at Branches | Nil for e-instructions Nil Nil 10/- per ISIN | Nil for e-instructions Nil Nil 10/- per ISIN |
| Dematerialisation For ICICI Bank Share For each request form Extra for each certificate | Nil 50/- 3/- | Nil 35/- 2/- |
| Rematerialisation | A fee of 25/- for every hundred securities or part thereof subject to maximum fee of 3,00,000/-; or a flat fee of 25/- per certificate, whichever is higher | 20/- |
| Reconversion on MF Units | 25/- | 25/- per instruction |
| Closure of Account | Nil | Nil |
| Pledge Creation/Closure/Confirmation/ Invocation (% of value for each ISIN in each request) - If, ICICI Bank is counter party - If, ICICI Bank is not counter party | 0.02% (Min. 35/-) & Max 25,000/- 0.04% (Min. 40/-) & Max 25,000/- | 0.02% (Min. 15/-) & Max 25,000/- 0.04% (Min. 30/-) & Max 25,000/- |
| Postal Charges for security items, Additional Booklets, Security Certificates etc | 20/- | 350/- |
NSDL chargess
NSDL charges are chargeable extra on actuals. Present NSDL charges are :
- The value of shares and charges is calculated as per NSDL formula and rates
- There will be a charge of 100/- for dishonour of any cheque or unsuccessful attempt to recover payment through direct debit or ECS. The depository services are liable to discontinuation if ICICI Bank is unable to recover charges from the customer for any reason whatsoever. In such cases there will be a charge of 250/- for resumption of services and the services will be resumed after a minimum of three working days from the date of receipt of request at Central Processing Office, Mumbai
- Any service that is not indicated above will be charged separately as per the rates applicable from time to time
- ICICI Bank reserves the right to revise the tariff structure from time to time, with notice of 30 days. The notice may be given by ordinary post or by an advertisement in a national daily
- If the Demat Account is closed during the year, no pro-rata refund of Annual Service Charge will be made
Future & Options Brokerage Structure
The eligible turnover and the brokerage rates for Futures and Options are given in the below table:
| Futures/Future Plus/Future Plus with Stop loss | Options | ||
|---|---|---|---|
| Total Eligible Turnover per month | Brokerage (%) | Total Eligible Premium Value per month | Flat Brokerage per contract lot () |
| Above 20 Crores | 0.03 | Above 20 lacs | 70 |
| 10 Crores to 20 Crores | 0.035 | 10 lacs to v20 lacs | 75 |
| 5 Crores to 10 Crores | 0.04 | 5 lacs to 10 lacs | 85 |
| Less than 5 Crores | 0.05 | Less than 5 Lac | 95 |
The Futures and Options transactions will be charged at a brokerage rate of 0.05% and Rs. 95/- respectively for the first month. The brokerage rates will be applicable for the next month depending on the turnover done in the current month E.g. For the month of Aug 2008, brokerage rate will be dependent on the turnover done in the month of July 2008 as seen in the table below:
Brokerage Example :
| Month | Total Eligible Futures Turnover (Crore) | Brokerage % | Total Eligible Options Premium value ( Lacs) | Flat Brokerage per contract lot () |
|---|---|---|---|---|
| 5th Nov 2008 | 21 | 0.035 | 18 | 70 |
| 4th Oct 20088 | 19.25 | 0.03 | 21.5 | 85 |
| 3 rdSept 2008 | 20.25 | 0.035 | 5.15 | 75 |
| 2 nd Aug 2008 | 11 | 0.04 | 12.25 | 90 |
| 1 st Jul 2008 | 5.9 | 0.05 | 4.95 | 95 |
