Brokerage Charges

List of all charges and taxes

₹0

Free equity delivery

All equity delivery investments (NSE, BSE), are absolutely free — ₹ 0 brokerage.

₹20

Intraday and F&O trades

Flat Rs. 20 or 0.03% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades.

₹0

Free direct MF

All direct mutual fund investments are absolutely free — ₹ 0 commissions & DP charges.

Pure Charges Equity delivery Equity intraday Equity futures Equity options
Brokerage Zero Brokerage 0.03% or Rs. 20/executed order whichever is lower 0.03% or Rs. 20/executed order whichever is lower Flat Rs. 20 per executed order
STT/CTT 0.1% on buy & sell 0.025% on the sell side 0.01% on sell side 0.05% on sell side (on premium)
Transaction charges NSE: 0.00345%
BSE: 0.00345%		 NSE: 0.00345%
BSE: 0.00345%		 NSE: 0.002% NSE: 0.053% (on premium)
GST 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
SEBI charges ₹10 / crore ₹10 / crore ₹10 / crore ₹10 / crore
Stamp charges 0.015% or ₹1500 / crore on buy side 0.003% or ₹300 / crore on buy side 0.002% or ₹200 / crore on buy side 0.003% or ₹300 / crore on buy side
Pure Charges Currency futures Currency options
Brokerage 0.03% or Rs. 20/executed order whichever is lower 0.03% or Rs. 20/executed order whichever is lower
STT/CTT No STT No STT
Transaction charges NSE:
Exchange txn charge: 0.0009%
BSE:
Exchange txn charge: 0.00022% 		NSE:
Exchange txn charge: 0.035%
BSE:
Exchange txn charge: 0.001%
GST 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
SEBI charges ₹10 / crore ₹10 / crore
Stamp charges 0.0001% or ₹10 / crore on buy side 0.0001% or ₹10 / crore on buy side
Pure Charges Commodity futures Commodity options
Brokerage 0.03% or Rs. 20/executed order whichever is lower 0.03% or Rs. 20/executed order whichever is lower
STT/CTT 0.01% on sell side (Non-Agri) 0.05% on sell side
Transaction charges Group A
Exchange txn charge: 0.0026%
Group B
Exchange txn charge:
CASTORSEED - 0.0005%
KAPAS - 0.0026%
PEPPER - 0.00005%
RBDPMOLEIN - 0.001% 		Exchange txn charge: 0.05%
GST 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
SEBI charges Agri:
₹1 / crore
Non-agri:
₹10 / crore 		₹10 / crore
Stamp charges 0.002% or ₹200 / crore on buy side 0.003% or ₹300 / crore on buy side

Charges Explained :

Securities/Commodities transaction tax

Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.

When trading at Zerodha STT/CTT can be a lot more than the brokerage we charge. Important to keep a tab.

Transaction/Turnover Charges

Charged by exchanges (NSE, BSE, MCX) on the value of your transactions.

BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to Rs.10,000 per crore w.e.f 01.01.2016. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017)

BSE has revised transaction charges in SS and ST groups to Rs.1,00,000 per crore of gross turnover.

Call & trade

Additional charges of ₹50 per order:
A) for orders placed through our support/dealing desk.
B) intraday (MIS/BO*/CO) positions squared off before market closing by our RMS team.

*For Bracket Orders, if the entry order is executed in multiple trades, Stop Loss/Target orders will be placed separately for each trade and all charges including call & trade for auto square-off will be billed per executed order.

Stamp charges

Stamp charges by the Government of India as per the Indian Stamp Act of 1899 for transacting in instruments on the stock exchanges and depositories.

NRI brokerage charges

  • ₹100 per order for futures and options.
  • 0.1% OR ₹200 per executed order for equity (whichever is lower).
  • For a non-PIS account, 0.5% or ₹100 per executed order for equity (whichever is lower).

GST

Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)

SEBI Charges

Charged at ₹10 per crore by Securities and Exchange Board of India for regulating the markets.

DP (Depository participant) charges

₹13.5 + GST per scrip (irrespective of quantity), on the day, is debited from the trading account when stocks are sold. This is charged by the depository (CDSL) and depository participant (Zerodha).

Pledging charges

₹30 + GST per pledge request.

AMC (Account maintenance charges)

₹300/year + GST charged quarterly

Corporate action order charges

₹20 plus GST will be charged for OFS / buyback / takeover / delisting orders placed through Console.

Off-market transfer charges

₹25 or 0.03% of the transfer value (whichever is higher).

Physical CMR request

First CMR request is free. ₹20 + ₹100 (courier charge) + 18% GST for subsequent requests.

Payment gateway charges

₹9 + GST (Not levied on transfers done via UPI)

Delayed Payment Charges

Interest is levied at 18% a year or 0.05% per day on the debit balance in your trading account.

Disclaimer

For Delivery based trades, a minimum of ₹0.01 will be charged per contract note. Clients who opt to receive physical contract notes will be charged ₹20 per contract note plus courier charges. Brokerage will not exceed the rates specified by SEBI and the exchanges. All statutory and regulatory charges will be levied at actuals. Brokerage is also charged on expired, exercised, and assigned options contracts. Free investments are available only for our retail individual clients. Companies, Partnerships, Trusts, and HUFs need to pay 0.1% or ₹20 (whichever is less) as delivery brokerage. A brokerage of 0.25% of the contract value will be charged for contracts where physical delivery happens. For netted off positions in physically settled contracts, a brokerage of 0.1% will be charged.

Charges for account opening

Type of account Equity (for trades on Equity, F&O and Currency) Equity (for trades on Equity, F&O and Currency) and Commodity (MCX)
Online account ₹ 200 ₹ 300
Offline account ₹ 400 ₹ 600
NRI account (offline only) ₹ 500 N/A
Partnership, LLP, HUF, or Corporate accounts (offline only) ₹ 500 ₹ 800

Charges for optional value added services

Service Billing Frquency Charges
StockReports+ Monthly / Bi-annually / Annually 150/810/1440
Screener Monthly / Quarterly / Bi-annually / Annually 100/285/540/960
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