Pricing
Honest Rates for
Smart Traders
Transparent pricing designed for your success—no hidden fees, just growth.

Equity Delivery

Transparent Pricing for Long-Term Investments

₹20*

0.05% or Flat ₹20 per executed order (whichever is lower), minimum ₹2.5 on Equity Delivery across NSE and BSE.

F&O & Intraday

Competitive Brokerage for Active Traders

₹20*

0.05% or Flat ₹20 per executed order (whichever is lower), minimum ₹2.5 on intraday trades across segments. Flat ₹20 per executed on all options trade.

Commodity & Currency

Affordable Rates for Diversified Trading

₹20*

0.05% or Flat ₹20 per executed order (whichever is lower), minimum ₹2.5 on Commodity and Currency across MCX and NCDEX.

Equity
Currency
Commodity
Equity DeliveryEquity IntradayEquity FuturesEquity Options
Brokerage
₹0 brokerage upto ₹500 for first 30 days* Then lower of ₹20 or 0.1% per executed order, minimum ₹1₹0 brokerage upto ₹500 for first 30 days* Then lower of ₹20 or 0.03%₹0 brokerage upto ₹500 for first 30 days* Then, ₹20 per executed order₹0 brokerage upto ₹500 for first 30 days* Then, ₹20 per executed order
Transaction Charges
NSE: 0.00325% BSE: As Per The Stock GroupNSE: 0.00325% BSE: As Per The Stock GroupNSE: 0.00171% BSE: 0NSE: Index: ₹0/₹tick options 0.0005% Stock: Index options 0.0345%
Security Transaction Tax
0.1%0.025%NSE: 0.01% BSE: 0.01%NSE: 0.1% BSE: 0.1%
IPFT
NSE: 0.0001%NSE: 0.0001%NSE: 0.0001%NSE: 0.0001%
GST
18%18%18%18%
Stamp Duty Charges
0.015%0.003%NSE: 0.01% BSE: 0.01%NSE: 0.005% BSE: 0.005%
SEBI Charges
₹ 10 / crore₹ 10 / crore₹ 10 / crore₹ 10 / crore
Non Trade Charges
ChargesCharges
Account Maintenance charges (free for first 3 months)For BSDA (Basic Services Demat Account) Clients: • Value of holding in Demat account upto Rs. 1 Lakh - NIL • Value of holdings in Demat account between Rs. 1 Lakh and above - Rs. 25 + GST / Month For non-BSDA clients: ₹50 + GST per month
Cash collateral charges0.041% per Day (For cash or cash equivalent margin shortfall exceeding ₹2,000)
Debit balance0.049% per day
Call & Trade₹50 / per executed order
DP charges₹20.00 per scrip (₹8.5 CDSL fee + ₹11.5 Sapphire fee + ₹3.6 GST)
Pledging charges₹25 + GST / per scrip
Corporate action charges₹20 plus GST will be charged for OFS / buyback / takeover / delisting orders
Corporate action charges₹20 per scrips
MTF Charges
ChargesCharges
MTF Interest0.041% per day (₹41 per lakh) on the funded amount.
MTF Brokerage0.03% or Flat ₹20 per executed order (whichever is lower), minimum ₹2.5 on Equity Delivery across NSE and BSE.
MTF Pledge₹50 + GST per pledge request per ISIN.

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 ₹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 ₹1,00,000 per crore of gross turnover.

BSE has revised transaction charges for group A, B and other non exclusive scrips (non-exclusive scrips from group E, F, FC, G, GC, W, T) at ₹375 per crore of turnover on flat rate basis w.e.f. December 1, 2022.

BSE has revised transaction charges in M, MT, TS and MS groups to ₹275 per crore of gross turnover.

Call & trade

Additional charges of ₹50 per order for orders placed through a dealer at Zerodha including auto square off orders.

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.

For a non-PIS account, 0.5% or ₹100 per executed order for equity (whichever is lower).

For a PIS account, 0.5% or ₹200 per executed order for equity (whichever is lower).

₹500 + GST as yearly account maintenance charges (AMC) charges.

Account with debit balance

If the account is in debit balance, any order placed will be charged ₹40 per executed order instead of ₹20 per executed order.

Charges for Investor's Protection Fund Trust (IPFT) by NSE

Equity and Futures - ₹10 per crore + GST of the traded value.

Options - ₹50 per crore + GST traded value (premium value).

Currency - ₹0.05 per lakh + GST of turnover for Futures and ₹2 per lakh + GST of premium for Options.

₹500 + GST as yearly account maintenance charges (AMC) charges.

Margin Trading Facility (MTF)

MTF Interest: 0.04% per day (₹40 per lakh) on the funded amount. The interest is applied from T+1 day until the day MTF stocks are sold.

MTF Brokerage: 0.3% or Rs. 20/executed order, whichever is lower.

MTF pledge charge: ₹15 + GST per pledge and unpledge request per ISIN.

GST

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

SEBI Charges

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

DP (Depository participant) charges

₹15.34 per scrip (₹3.5 CDSL fee + ₹9.5 Zerodha fee + ₹2.34 GST) is charged on the trading account ledger when stocks are sold, irrespective of quantity.

Female demat account holders (as first holder) will enjoy a discount of ₹0.25 per transaction on the CDSL fee.

Debit transactions of mutual funds & bonds get an additional discount of ₹0.25 on the CDSL fee.

Pledging charges

₹30 + GST per pledge request per ISIN.

AMC (Account maintenance charges)

For BSDA demat account: Zero charges if the holding value is less than ₹4,00,000. To learn more about BSDA, Click here

For non-BSDA demat accounts: ₹300/year + 18% GST charged quarterly (90 days). To learn more about AMC, Click here

Corporate action order charges

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

Off-market transfer charges

₹25 per transaction.

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. Learn more

Trading using 3-in-1 account with block functionality

Delivery & MTF Brokerage: 0.5% per executed order.

Intraday Brokerage: 0.05% per executed order.

Disclaimer

For Delivery based trades, a minimum of ₹2.5 will be charged per contract note. Clients who opt to receive physical contract notes will be charged ₹50 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 as 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 HUF would pay ₹15 + ₹3 (minimum of ₹1 per trade (except delivery)). Additional charges for investors who opt for physical delivery of payout of securities, where physical delivery happens. For renewal of packages for continued where physical delivery happens is ₹199 per month.

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