Pricing and Brokerage Charges for Investments

Brokerage and Other Charges

Why open a Demat Account with Sharekhan

Experience Full-service Investing and Trading

Segment	Brokerage Charges
Account Opening Charges	ZERO
Research access across all segments (Equity, Commodity, Currency)	FREE
Dial-N-Trade	FREE
DP Annual Maintenance Charges	ZERO for the 1st year
Change of Address	FREE
Change of Bank	FREE
Updation of Nominee	FREE
Fund Transfer Charges	FREE
Equity - Delivery brokerage	0.30% on market rate or minimum 1 paisa per share
Equity - Intraday brokerage	0.02% on market rate or minimum 1 paisa per share (each side)
Equity - Options brokerage	INR 20 per lot (each side)
Commodity - Options brokerage	INR 20 per lot (each side)
Currency - Options brokerage	INR 5 per lot (each side)
Futures brokerage (across Equity, Commodity & Currency)	0.02% per transaction value (each side)

^Click here for detailed terms & conditions for brokerage charges

Key highlights

free

Our 3-month unique on-boarding program to get you started in the capital markets

free

25+ Learning modules for beginners, investors and traders

free

Research

FREE research coverage across all segments
(Equity, Commodity, Currency & MF)

Coverage of 220+ stocks with 200+ actionable ideas per year for the equity segment
In addition to Intraday calls, 30+ positional equity trading calls per month based on Technical Analysis
Monthly MF recommendations for lump sum and SIP investments

free

Dial-N-Trade

Dial-N-Trade is a free service that enables you to place trading orders via telephone

Equities and Derivatives 8.30 am to 4.30 pm
Currency 9.00 am to 5.00 pm
Commodity 9.00 am till market close

Understand how brokerage is charged

For example, you pay only ₹ 15* as brokerage when you transact worth ₹ 5,000

Brokerage Categories	Brokerage Examples Amount (₹)
Shares/Stocks bought worth	2,500	5,000
Equity Delivery Brokerage paid @0.3% for buying and holding shares beyond purchase date	7.5	15
Equity Intraday Brokerage paid @0.02% for shares bought and sold the same day (before market closes)	0.5 (50 paise)	1
Equity Options Brokerage	₹ 20 per lot purchased

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Fees and Charges

Description	Equity Delivery	Equity Intraday	Equity Futures	Equity Options	Currency Futures	Currency Options	Commodity Futures	Commodity Options
STT/CTT Charges (as per Exchange)	0.1% (both buy and sell sides)	0.025% (sell-side on the avg. rate of buy and sell)	0.02% (sell side)	0.10% on the sell side (on premium) 0.125% on the exercised trade (on premium)	NA	NA	0.01% (sell side, non-Agri)	0.05% (sell side)
Exchange Transaction Charges*	NSE: 0.00297%	NSE: 0.00297%	NSE: 0.00173%	NSE: 0.03503% on Premium	NSE: 0.00035%	NSE: 0.0311%	0.0021% (MCX)	0.0418%
Exchange Transaction Charges*	BSE: 0.00375%	BSE: 0.00375%	NSE: 0.00173%	NSE: 0.03503% on Premium	NSE: 0.00035%	NSE: 0.0311%	0.0021% (MCX)	0.0418%
Stamp Charges (on the value of the purchase)	0.015%	0.003%	0.002%	0.003%	0.0001%	0.0001%	0.002%	0.003%
GST(%) levied on the total of Brokerage + Exchange Transaction Charges + SEBI Transaction Fees	18%	18%	18%	18%	18%	18%	18%	18%
SEBI Turnover Charges	₹ 10/crore (w.e.f. 1st April, 2021)	₹ 10/crore (w.e.f. 1st April 2021)	₹ 10/crore (w.e.f. 1st April 2021)	₹ 10/crore (w.e.f. 1st April 2021)	₹ 10/crore (w.e.f. 1st April 2021)	₹ 10/crore (w.e.f. 1st April 2021)	₹ 10/crore (w.e.f. 1st April 2021)	₹ 10/crore (w.e.f. 1st April 2021)

Taxes and Regulatory Charges explained:

Securities Transaction Tax (STT): STT is levied by the government on transactions executed through stock exchanges. It is charged on both buy and sell transactions in the equity delivery segment. It is charged only on the sell transaction in intraday trades and Futures & Options segment.
SEBI Charges: Charged at ₹ 10 per Crore (for Non-Agri commodities only) of the transaction value by Securities and Exchange Board of India for carrying out regulatory duties.
Commodities Transaction Tax (CTT): CTT is similar to STT and is levied on exchange-traded commodity derivatives in India.
Stamp Charges: Charged by the government for transacting in instruments on stock exchanges and depositories.
Transaction charges + Clearing charges: Transaction charges are levied by the exchanges while clearing charges are levied by the Clearing Member. Clearing charges are levied for settling all Currency Derivatives Segment and Multi Commodities Exchange trades.
GST: Goods & Services Tax (GST) is levied on the sum total of brokerage + transaction charges + SEBI Transaction Charges at 18%.

* Terms & Conditions for brokerage charges

Brokerage & other charges shown above in the table will apply to all new accounts opened from 27th May 2023 onwards, via all channels (DIY, FOS, Branch channels), except those new accounts opened via business partners as well as NRI and NRO accounts.
Brokerage will not exceed the SEBI and Exchange prescribed limits.
STT, CTT, GST, stamp duty and all other applicable exchange/ regulatory/ statutory charges/ taxes will be levied as per applicable rates. Brokerage is also charged on expired, exercised and assigned options contracts.
This offer is applicable only to Indian residents
Above Tariff Is Subject to Change. Changes If Any Will Be Intimated 15 Days in Advance.
Interest could be charged on the running ledger balance after considering the collateral against the margin.
Brokerage for option contracts is on the premium amount at which the option contract was bought or sold and not on the strike price of the option contract.
For more details on the brokerage plan, please contact the Sharekhan representative.
I / We are aware that as required by the law any communication sent by the Stock Broker in the electronic form to my/our registered E-mail id and/or mobile number or through physical form to my/our registered mailing address(s) shall be binding on me/us.”
I/We hereby confirm that I/We have understood and am/are willing to opt for the above at my own discretion. If any of the segments is activated post account opening, the brokerage will be charged at a different rate as displayed on the website during the activation process. The above rates are applicable only at the time of account opening
I / We hereby understand and agree with all other general terms and conditions and policies and procedures of Sharekhan Ltd. (available on www.sharekhan.com) which shall be applicable for trading and Demat account opened/maintained with Sharekhan and I / We agree to be abided by them at all times.

Service	Charges
Schedule of Demat Charges
Dematerialisation	₹ 5 per share certificate (minimum ₹ 50 per request)
Rematerialisation	₹ 50 per certificate or ₹ 50 for every hundred securities (per request, whichever is higher)
DP Transaction Charges - Market and Off-market Trades
Credit transactions (Buy)	Nil
Debit transactions (Sell)	Nil (sale via Sharekhan) 0.03% of the value of transaction or minimum ₹ 30 per transaction (sale not via Sharekhan/ Off Market/ IDT)
Annual Maintenance Charges (AMC)
For BSDA Clients	Nil/ (value of holding other than debt securities up to ₹ 50,000/ value of debt securities up to ₹ 1,00,000) OR ₹ 100 p.a. (value of holding other than debt securities from ₹ 50,001 to ₹ 2,00,000/ value of debt securities from ₹ 1,00,001 to ₹ 2,00,000)
For Non-BSDA Clients	₹ 400 (AMC free for the First Year)
Charges for Client Master Report changes (applicable for Email ID/ Address/ Mobile/ Bank)	Nil
Delivery Instruction Slip (DIS) Reissuance	Nil
Pledge Charges (for Margin purposes)
Request	Margin Pledge: ₹ 20 per transaction / Pledge under margin funding: ₹ 30 per transaction
Invocation	Nil
Release (Un-Pledge)	Nil
CUSPA Pledge	₹ 25 (plus GST per instruction)
Pledge Charges (for Non-Margin purposes)
Request	0.03% of the value of the transaction (minimum ₹ 100 per transaction)
Invocation	Nil

* Terms & Conditions for brokerage charges

Brokerage & other charges shown above in the table will apply to all new accounts opened from 27th May 2023 onwards, via all channels (DIY, FOS, Branch channels), except those new accounts opened via business partners as well as NRI and NRO accounts.
Brokerage will not exceed the SEBI and Exchange prescribed limits.
STT, CTT, GST, stamp duty and all other applicable exchange/ regulatory/ statutory charges/ taxes will be levied as per applicable rates. Brokerage is also charged on expired, exercised and assigned options contracts.
This offer is applicable only to Indian residents
Above Tariff Is Subject to Change. Changes If Any Will Be Intimated 15 Days in Advance.
Interest could be charged on the running ledger balance after considering the collateral against the margin.
Brokerage for option contracts is on the premium amount at which the option contract was bought or sold and not on the strike price of the option contract.
For more details on the brokerage plan, please contact the Sharekhan representative.
I / We are aware that as required by the law any communication sent by the Stock Broker in the electronic form to my/our registered E-mail id and/or mobile number or through physical form to my/our registered mailing address(s) shall be binding on me/us.”
I/We hereby confirm that I/We have understood and am/are willing to opt for the above at my own discretion. If any of the segments is activated post account opening, the brokerage will be charged at a different rate as displayed on the website during the activation process. The above rates are applicable only at the time of account opening
I / We hereby understand and agree with all other general terms and conditions and policies and procedures of Sharekhan Ltd. (available on www.sharekhan.com) which shall be applicable for trading and Demat account opened/maintained with Sharekhan and I / We agree to be abided by them at all times.

Description	Interest Rates
Outstanding Debit Balance on Margin Trading Facility (MTF)	18% p.a. (default for EMF as well as overdue payments)
Stock used as Margin for Derivative Trades	Stock collateral credit is restricted to 50% of the margin or value of collateral, whichever is lower
Other Debit Balance	18% p.a.

* Terms & Conditions for brokerage charges

Brokerage & other charges shown above in the table will apply to all new accounts opened from 27th May 2023 onwards, via all channels (DIY, FOS, Branch channels), except those new accounts opened via business partners as well as NRI and NRO accounts.
Brokerage will not exceed the SEBI and Exchange prescribed limits.
STT, CTT, GST, stamp duty and all other applicable exchange/ regulatory/ statutory charges/ taxes will be levied as per applicable rates. Brokerage is also charged on expired, exercised and assigned options contracts.
This offer is applicable only to Indian residents
Above Tariff Is Subject to Change. Changes If Any Will Be Intimated 15 Days in Advance.
Interest could be charged on the running ledger balance after considering the collateral against the margin.
Brokerage for option contracts is on the premium amount at which the option contract was bought or sold and not on the strike price of the option contract.
For more details on the brokerage plan, please contact the Sharekhan representative.
I / We are aware that as required by the law any communication sent by the Stock Broker in the electronic form to my/our registered E-mail id and/or mobile number or through physical form to my/our registered mailing address(s) shall be binding on me/us.”
I/We hereby confirm that I/We have understood and am/are willing to opt for the above at my own discretion. If any of the segments is activated post account opening, the brokerage will be charged at a different rate as displayed on the website during the activation process. The above rates are applicable only at the time of account opening
I / We hereby understand and agree with all other general terms and conditions and policies and procedures of Sharekhan Ltd. (available on www.sharekhan.com) which shall be applicable for trading and Demat account opened/maintained with Sharekhan and I / We agree to be abided by them at all times.

FAQs

What is Margin Trading Facility?

You can activate MTF facility through all our digital platforms. Sharekhan Website –Click on Apply button on your profile page to activate MTF instantly or click on Accept button on consent page at the time of placing order from Order Form. MTF will be enabled online instantly. Sharekhan App – You can activate MTF online instantly by clicking on Accept button on consent page at the time of placing a trade order. TradeTiger – You can activate MTF online instantly by clicking on Accept button on consent page at the time of placing an order. Branch / RM – Just send an email to cmr@sharekhan.com and this facility will get activated within 24 hours.