Sharekhan Brokerage Charges, AMC and Trading Charges and overview - We have divided this section in 3 parts. In the first part, we have explained about the Sharekhan Trading Account Opening Charges and AMC (if any charged by the broker). In the second part, we have discussed in detail about Sharekhan Brokerage Plan/ Trading Plan. In case broker support multiple plans its explained in this section. In the third part, we have covered brokerage charges,charges list by each segment, which includes – Equity Delivery, Intraday, F&O, Currency Derivatives and Commodities. We have also covered Sharekhan Demat Account Opening Charges & AMC, and complete Sharekhan Demat Charges in detail.
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Trading Account opening is one time fee that Sharekhan charge while initiate your account opening process. Trading AMC (Annual maintenance Charges) is an annual fee charges by Sharekhan to maintain your account. This is the annual charges and deduct from your account even if you haven't trade for a year. Usually Trading account AMC is free. Sharekhan Trading Account Opening Charges is Free and AMC is Free.
| Seq No. | Transaction | Duration | Fee |
|---|---|---|---|
| 1. | Trading Account Opening Charges | One Time | Free |
| 2. | Trading Annual Maintenance Charges(AMC) | Yearly Fee | Free |
Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.
| Segment | Value |
|---|---|
| Plan Name | Classic Trading Plan (Percentage Based) |
| Flat Fee | NA |
| Equity Delivery | 0.5% or 50 paisa |
| Equity Intraday | 0.1% or 10 paisa |
| Equity Futures | 0.1% or 10 paisa |
| Equity Options | 2.5% of Premium or Rs 250 per lot whichever is high |
| Currency Futures | 0.1% or 10 paisa |
| Currency Options | 2.5% of Premium or Rs 30 per lot whichever is high |
| Commodity | 0.1% or 10 paisa |
Please refer our unique and accurate Sharekhan Brokerage Calculator. We have covered each charges including stamp duty by state also to match your contract note.
Brokerage plan 200000 is the lowest plan from Sharekhan. This plan is for traders, who do trading like a pro. This is really a great plan, but you need to do trading in volume.
| Segment | Value |
|---|---|
| Plan Name | Brokerage Trading Plan 200000 |
| Flat Fee | NA |
| Equity Delivery | .08% or 8 paisa |
| Equity Intraday | .01% or 1 paisa |
| Equity Futures | .01% or 1 paisa |
| Equity Options | Rs 25 per lot |
| Currency Futures | 0.1% or 10 paisa |
| Currency Options | 2.5% of Premium or Rs 30 per lot whichever is high |
| Commodity | 0.1% or 10 paisa |
Sharekhan Equity Brokerage Charges (Equity Delivery Brokerage, Equity Intraday Brokerage, Options Brokerage and Futures Brokerage) is the total trading cost that a client has to bear for trading in equity. It is calculated by sum up all the taxes and charges that is levied on top of your brokerage. The charges and taxes are Brokerage, Transaction charges, STT or Securities Transaction Charges, GST, Stamp Duty and SEBI Charges. There is difference in Equity Delivery, Equity Intraday, Equity Futures & Equity Options trading cost. Please refer the details below:
| Type | Equity Delivery | Equity Intraday | Equity Futures | Equity Options |
|---|---|---|---|---|
| Brokerage | 0.5% or 50 paisa | 0.1% or 10 paisa | 0.1% or 10 paisa | 2.5% of Premium or Rs 250 per lot whichever is high |
| Transaction Charges | Rs 325 Per Cr | Rs 325 Per Cr | Rs 190 Per Cr | Rs 5000 Per Cr |
| STT | 0.01% on Both Side(Buy and Sell) | 0.025% on Sell | 0.01% on Sell | 0.017% on Sell |
| Stamp Duty* | 0.01% subject to a maximum of Rs 50 - Varies by State | |||
| SEBI Turnover Charges | 15 Rs/Crore | |||
| GST | 18% on the Brokerage and Transaction charges | |||
| Brokerage Calculator | Sharekhan Brokerage Calculator | |||
| SPAN Margin Calculator | Sharekhan SPAN Margin Calculator | |||
Sharekhan Currency Trading Charges is the total trading cost that a client has to bear for trading in Currency. It is calculated by sum up all the taxes and charges that is levied on top of your brokerage. The charges and taxes are Transaction charges, STT or Securities Transaction Charges, GST, Stamp Duty and SEBI Charges. There is differance in Currency Futures & Currency Options trading cost with Sharekhan. Please refer the details below:
| Type | Currency Futures | Currency Options |
|---|---|---|
| Brokerage | 0.1% or 10 paisa | 2.5% of Premium or Rs 30 per lot whichever is high |
| Transaction Charges | Rs 100 Per Cr | Rs 4000 Per Cr |
| STT | No STT | |
| SEBI Turnover Charges | 15 Rs/Crore | |
| Stamp Duty* | 0.01% subject to a maximum of Rs 50 - Varies by State | |
| GST | 18% on the Brokerage and Transaction charges | |
Sharekhan Commodity Trading Charges is the total trading cost that a client has to bear for trading in Commodity. It is calculated by sum up all the taxes and charges that is levied on top of your brokerage. The charges and taxes are Transaction charges, CTT or Securities Transaction Charges, GST, Stamp Duty and SEBI Charges.
| Type | Commdity |
|---|---|
| Brokerage | 0.1% or 10 paisa |
| Transaction Charges | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
| STT/CTT | 0.01% on Sell |
| SEBI Turnover Charges | 15 Rs/Crore |
| Stamp Duty* | 0.01% subject to a maximum of Rs 50 - Varies by State |
| GST | 18% on the Brokerage and Transaction charges |
Demat Account opening is the one time fee that Sharekhan charge while initiate your demat account opening process. If you already have a demat account, then it can be linked with your trading account. Please check more details with Sharekhan's representative. Demat AMC (Annual maintenance Charges) is an annual fee charges by Sharekhan to maintain your demat account. Sharekhan Demat Account Opening Charges is Free. Sharekhan Demat AMC is ₹500 pa. Sharekhan Demat Charges is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) when you sell any scripts from your demat.
| Type | Details | |
|---|---|---|
| 1. | DP Source | CDSL |
| 2. | Demat Account Opening Charges | Free |
| 3. | Demat Account Annual Maintenance Charges(AMC) | ₹500 pa |
| 4. | Statutory Charges (Stamp Charges payable upfront) | Actual Stamp Paper Charges |
| 5. | Advance Deposit | Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) |
| 6. | Transaction Charges per ISIN (Market Trades) | |
| Buy (Receive) | Rs 0 | |
| Sell (Debit) | 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) | |
| 7. | Demat & Remat Charges | |
| Demat | ₹5 per certificate (Min 50 per request) | |
| Remat | ₹50 per certificate or ₹50 for every hundred securities | |
| 8. | Pledge Charges | |
| Pledge Creation per ISIN | 0.03% (Min ₹100) | |
| Pledge Creation Confirmation per ISIN | Nil | |
| Pledge Closure per ISIN | Nil | |
| Pledge Closure Confirmation per ISIN | Nil | |
| Pledge Invocation per ISIN | Nil | |
| 9. | Failed Instruction Charges | Nil |
| 10. | Other Charges Demat | Freeze/De-freeze - ₹25 per transaction Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100) Client Master changes ₹30 per request |
Sharekhan Limited
Account No.:9035<
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Max 24 hrs except bank holidays
Information Not Available
Margin Funding Facility - Yes - 18% interest PA
To operate your account, you need to link your primary bank account with Sharekhan. You can add one or more bank account to fund transfer or pay-in your Sharekhan trading account. Fund withdrawal request is always associated with your primary bank account. You need to pay a small amount of fund withdrawal charges which are mentioned in above section. You can link any public and private bank as your primary and secondary bank account. To open a trading account you must have bank information which includes Name, Address, IFSC Code and account number on your cheque, bank statement or bank passbook.
There is no minimum deposit requirement when you open a trading and demat account with Sharekhan. You need to pay account opening charges and demat AMC, if applicable. Once your account is up and ready you need to transfer fund to start trading.
Sharekhan don’t have any hidden charges. All charges and plan details are clearly defined in account opening document. No minimum charges or no other charges applicable.
Equity Cash, Intraday and F&O trading timing (BSE/NSE) is 9:15 am to 3:30 pm, Square off timing is 3:15 pm.
Currency Derivatives Trading Timing (NSE/BSE) - Trading open time 9:00 am and close time 5:00 pm (Currency F&O – USDINR, EURINR, GBPINR and JPYINR) and 7:30 pm (Cross Currency F&O – EURUSD, GBPUSD and USDJPY).
Commodity Trading Timing – Agri Commodity – 10 am to 5 pm, Other Commodities – 10 am to 11:30 pm.
In this section we have covered general question related to Sharekhan brokerage and demat account charges like -
Last Updated on 2019-07-08
