₹ 0
trading & demat opening, maintenance charges
0.05%
of order value or Rs. 20, whichever is lower
₹ 20
per executed order
₹ 0
₹0 for pledge order, ₹20 + GST per ISIN per request for unpledge order
Brokerage will not exceed the SEBI prescribed limit
Exchange Transaction/Turnover Charges
This is charged by the exchange : NSE/BSE; on the value of your transactions executed on the respective exchange.
For NSE,
The charge is 0.00322% of transaction value for all stocks.
For BSE,
The charge depends on the group of the traded stock, and is as follows :
Stocks part of Group A,B,E,F,FC,G,GC,I, and W are charged @ 0.00375% of transaction value.
Stocks part of Group M,MT,TS,MS,IF,IT, and R are charged @ 0.00275% of transaction value.
Stocks part of Group X,XT,Z are charged @ 0.1% of transaction value.
Stocks part of Group P,ZP are charged @ 1% of transaction value.
Stocks traded under the odd lot mechanism (excluding scrips belonging to M,IF, and IT) are charged @ 1% of transaction value.
DP (Depository Participant) Charges (On Delivery Sell Orders)
This is charged by the depository and depository participant for debiting shares from your demat account and inter-settlement BTST transactions.
This is charged as :
DP charges when buying : ₹ 0
DP charges when selling : ₹ 13.5 + GST per ISIN (Stock or ETF) per day, regardless of quantity sold.
Examples to understand how this works?
Example 1 : Say you execute 5 delivery sell orders in Stock X in one trading session.
For this activity you will be charged ₹ 13.5+GST.
As in this case you sold only 1 ISIN (Stock X) multiple times, and DP charges depends on the number of unique ISINs sold as delivery orders (in this case 1), regardless of the individual quantity/orders of each ISIN sold.
Example 2 : Say you execute 10 delivery sell orders , 3 in Stock X, 5 in Stock Y, and 2 in Stock Z.
For this activity, you will be charges a total of 3*(₹ 13.5+GST).
As in this case you sold 3 ISINs (Stock X, Stock Y,and Stock Z) multiple times, and DP charges depends on the number of unique ISINs sold as delivery orders (in this case 3), regardless of the individual quantity/orders of each ISIN sold.
Securities Transaction Tax (STT)
This is charged by the government when you transact on the exchanges.
Charged as above on both buy and sell orders for equity delivery trades.
Charged as above only for sell order for equity intraday trades.
When trading at INDmoney, STT can be alot more than the brokerage we charge. Important to keep a tab on.
This is charged as :
For equity deliver orders (Buy and Sell) : 0.1% of order amount.
For equity intraday orders (charged only on the sell order) : 0.025% of order amount.
Stamp Duty
This is charged by the government for the contract note issued for your trading activity.
This charge is applicable only for Buy orders as mentioned above.
SEBI Turnover Charges
This is charged by the Securities and Exchange Board of India for regulating the markets.
This is charged @ 0.0001% of order value.
Physical Statement Courier
The charges for physical statement quoted above of ₹300/- per request and for BSDA ₹25/- per request are exclusive of courier charges and applicable taxes.
Off Market transfers from the Demat Account
Any off-market transactions that will be executed by you will be charged @ ₹ 10, this is inclusive of depository charges as well.
Remat Charges
Demat Charges
Deposit using Netbanking
These are payment gateway charges and are charged @ ₹ 10 per deposit done via net-banking. (Not charged for deposits done via UPI).
Call and Trade Charges
Additional charges of ₹ 500 per order for orders placed through our support/trading desk.
You can place buy and sell orders by calling us at 07314852049
GST
This is tax charged by the government on services rendered.
This is charged as 18% on Brokerage, SEBI charges, deposit via net-banking, DP charges, Unpledge charges, Auto-square off charges, call and trade charges, demat/remat charges, and physical statement charges.
Pledge charges
Pledging doesn't cost anything, and there's no interest on pledge balance. However, when you unpledge, there's a fee of ₹20 + GST per ISIN per request for unpledge order. Un-pledge charges will be levied on the direct selling of pledged script.
Frequently Asked Questions
In case you missed anything