Brokerage In Cash

Total Eligible Turnover

(Per calendar Quarter)
Brokerage (%)
Second Leg Of Intraday
Trades
Effective Brokerage on
Intraday Squareoff
Above Rs. 5 Crores 0.25 Nil 0.125%
Rs.2 Crores to 5 Crores 0.30 Nil 0.150%
Rs.1 Crores to 2 Crores 0.35 Nil 0.175%
Rs.50 Lakhs to 1 Crores 0.45 Nil 0.225%
Rs.25 Lakhs to 50 Lakhs 0.55 Nil 0.275%
Less than Rs.25 Lakhs 0.75 Nil 0.375%
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:
Service Tax (ST) will be charged at 12.36% 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 @ 0.0031% for NSE and 0.0035% for BSE on turnover. Applicable Service Tax
would be charged over & above Transaction charges.
Applicable State wise Stamp Duty charges as per delivery and non-delivery would be levied on turnover.
Second leg of intra day square off transaction in cash will not be charged any brokerage
Brokerage in Margin & Margin Plus
Total Eligible Turnover per month Brokerage (%)
Above Rs. 20 Crores 0.030
Rs.10 Crores to 20 Crores 0.035
Rs.5 Crores to 10 Crores 0.040
Less than Rs.5 Crores 0.050
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.
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:
Service Tax (ST)will be charged at 12.36% on total value of brokerage.
Securities Transaction Tax (STT) at 0.025% on turnover(Sell transactions only).
SEBI turnover charges at 0.0001% on turnover.
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.
Applicable State wise Stamp Duty would be levied on turnover.
All Margin positions pending for delivery would be levied brokerage equivalent to Cash segment.
Any Margin position converted to delivery would attract brokerage equivalent to Cash segment.
For Margin positions taken under "Client Mode", the Brokerage and Other charges of Cash Segment will be applicable.
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 Future & Future Plus
For Equity Futures Equity Future and Future Plus
Total Eligible Turnover per month Brokerage (%)
Brokerage on Second leg of Intraday square off
(per lot)
Above Rs. 20 Crores 0.030 Rs.25/-
Rs.10 Crores to 20 Crores 0.035 Rs.25/-
Rs.5 Crores to 10 Crores 0.040 Rs.25/-
Less than Rs.5 Crores 0.050 Rs.25/-
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:
Service Tax (ST)will be charged at 12.36% on total value of brokerage.
Securities Transaction Tax (STT) at 0.01% on turnover(Sell trades only) (w.e.f. 1st June, 2013).
SEBI turnover charges at 0.0001% on turnover.
Transaction Charges will be charged @ 0.00185%on turnover. Applicable Service Tax would be charged over & above
Transaction charges.
Applicable State wise Stamp Duty would be levied on turnover.
In case of Intra Day Transaction, Brokerage would be charged on higher leg turnover.
Brokerage in Currency Futures
For Currency Futures
Total Eligible Turnover per month Brokerage (%)
Brokerage on Second leg of Intraday square off
(per lot)
Above Rs. 20 Crores 0.030 Rs.10/-
Rs.10 Crores to 20 Crores 0.035 Rs.10/-
Rs.5 Crores to 10 Crores 0.040 Rs.10/-
Less than Rs.5 Crores 0.050 Rs.10/-
Service Tax (ST), SEBI turnover charges, Transaction Charges (inclusive of Service tax) and Stamp duty will be charged in
addition to brokerage as follows:
Service Tax (ST) will be charged at 12.36% on total value of brokerage.
SEBI turnover charges at 0.0001% on turnover.
Transaction Charges will be charged @ 0.0013 % on turnover which is inclusive of applicable service tax.
Applicable State wise Stamp Duty would be levied on turnover.
In case of Intra Day Transaction, Brokerage would be charged on higher leg turnover.
Brokerage in Options
Brokerage in Options Total Eligible Lots
per month
Flat brokerage per contract lot
(Rs.)
Brokerage on Second leg of Intraday
square off (per lot)
Above 600 65/- Rs.25/-
301-600 70/- Rs.25/-
151-300 75/- Rs.25/-
61-150 85/- Rs.25/-
0-60 95/- Rs.25/-
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:
Service Tax (ST)will be charged at 12.36% on total value of brokerage.
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.
SEBI turnover charges at 0.0001% on Premium and Notional value for Exercise/Assignment.
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.
Applicable State wise Stamp Duty would be levied on Premium and Notional value for Exercise/Assignment.
With effect from July 10, 2012, the following modifications in our brokerage structure
for NCDs / Bonds would be applicable:
Amount #
Tenure *
Below 5 Yrs Above 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%
Subject to Minimum brokerage of 20/- per NCD/Bond per day. Please note that for Spot trades, a flat brokerage of 1.25%
will be charged.
# No Brokerage will be charged on square off leg on the same day. Further, value of such trades will not be considered for
determining brokerage slabs.
* Time to maturity.
Please note: All charges are calculated upto four decimal and are rounded off to two decimal for Credit/Debit purpose.
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