Brokerage In Cash
- The minimum brokerage for transactions upto Rs.4667 on stocks quoting more than
Rs.10 is Rs. 35/- per trade or 2.5% of the trade value whichever is lower. Brokerage
rates as mentioned above, will be charged for trade value exceeding Rs. 4667.
- Brokerage on stocks quoting upto RS. 10 would be levied at Rs. 0.05 per share. The
total brokerage on such trade would be higher of Rs. 0.05 per share or Rs. 35, subject
to maximum of Rs. 0.25 per share. All Statutory charges would be levied over and
above the brokerage.
- All Systematic Equity Plan transactions would attract brokerage equivalent to Cash
segment. The minimum brokerage for transactions up to Rs 2000 is Rs 15 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 Rs. 2000
Service Tax (ST), Securities Transaction Tax (STT), SEBI turnover charges ,Transaction
Charges(inclusive of Service tax) and Stamp duty will be charged in addition to
brokerage as follows:
- 1) Service Tax (ST) will be charged at 12.36% on total value of brokerage.
- 2) Securities Transaction Tax (STT) at 0.1% on turnover.
- 3) SEBI turnover charges at 0.0001% on turnover.
- 4) Transaction Charges will be charged @ 0.0031% for NSE and 0.0035% for BSE on
turnover. Applicable Service Tax would be charged over & above Transaction charges.
- 5) Applicable State wise Stamp Duty charges as per delivery and non-delivery would
be levied on turnover.
- The minimum brokerage for transactions upto Rs 50000 is Rs 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 Rs. 50000.
Brokerage in Margin & Margin Plus
Service Tax (ST), Securities Transaction Tax (STT), SEBI turnover charges ,Transaction
Charges(inclusive of Service tax) and Stamp duty will be charged in addition to
brokerage as follows:
- 1) Service Tax (ST)will be charged at 12.36% on total value of brokerage.
- 2) Securities Transaction Tax (STT) at 0.025% on turnover(Sell transactions only).
- 3) SEBI turnover charges at 0.0001% on turnover.
- 4) Transaction Charges will be charged @ 0.0031% for NSE and 0.0035% for BSE on
turnover. Applicable Service Tax would be charged over & above Transaction charges.
- 5) Applicable State wise Stamp Duty would be levied on turnover.
- 6) All Margin positions pending for delivery would be levied brokerage equivalent
to Cash segment.
- 7) Any Margin position converted to delivery would attract brokerage equivalent
to Cash segment.
- 8) For Margin positions taken under "Client Mode", the Brokerage and Other
charges of Cash Segment will be applicable.
- 9) Interest on Late Payment will be charged @ 0.065% per day on all delayed payments
beyond pay-in date for positions taken under Margin - Client Square Off mode.
Brokerage in Margin & Margin Plus
Service Tax (ST), SEBI turnover charges, Transaction Charges (inclusive of Service
tax) and Stamp duty will be charged in addition to brokerage as follows:
- 1) Service Tax (ST) will be charged at 12.36% on total value of brokerage.
- 2) SEBI turnover charges at 0.0001% on turnover.
- 3) Transaction Charges will be charged @ 0.0013 % on turnover which is inclusive
of applicable service tax.
- 4) Applicable State wise Stamp Duty would be levied on turnover.
- 5) In case of Intra Day Transaction, Brokerage would be charged
on higher leg turnover.
Brokerage in Currency Futures
Service Tax (ST), SEBI turnover charges, Transaction Charges (inclusive of Service
tax) and Stamp duty will be charged in addition to brokerage as follows:
- 1) Service Tax (ST) will be charged at 12.36% on total value of brokerage.
- 2) SEBI turnover charges at 0.0001% on turnover.
- 3) Transaction Charges will be charged @ 0.0013 % on turnover which is inclusive
of applicable service tax.
- 4) Applicable State wise Stamp Duty would be levied on turnover.
- 5) In case of Intra Day Transaction, Brokerage would be charged
on higher leg turnover.
Brokerage in Options
Service Tax (ST), Securities Transaction Tax (STT), SEBI turnover charges ,Transaction
Charges(inclusive of Service tax) and Stamp duty will be charged in addition to
brokerage as follows:
- 1) Service Tax (ST)will be charged at 12.36% on total value of brokerage.
- 2) Securities Transaction Tax (STT) at 0.017% on Option premium in case of Sell
Trades and 0.125% on settlement value where Option contracts are exercised.
- 3) SEBI turnover charges at 0.0001% on Premium and Notional value for Exercise/Assignment.
- 4) Transaction Charges will be charged @ 0.05% on Premium. Applicable Service Tax
would be charged over & above Transaction charges. Effective Transaction Charges
would be 0.0551%.The transaction charge is calculated on per share basis and rounded
off to four decimal.
- 5) Applicable State wise Stamp Duty would be levied on Premium and Notional value
for Exercise/Assignment.
