Charges

List of all charges and taxes

0

Direct Trade All Segments

All equity delivery investments (NSE, BSE), are absolutely free — ₹ 0 brokerage.

40

INR 40 per Order for AI Assisted and Quant Trades

Flat ₹20 only on all AI Assisted and Quant trades.

12.5%

Success Fee

Success Fee over and above Benchmark Return - applied only in Quant

Equity delivery Equity intraday F&O - Futures F&O - Options
Brokerage 15 15.15 15.45 15.3
STT/CTT 2.5 2.53 2.58 2.55
Transaction charges 3,402 4,299 5,828 5,183
GST 3,402 4,299 5,828 5,183
SEBI charges 3,402 4,299 5,828 5,183
Transaction charges 3,402 4,299 5,828 5,183

Charges for account opening

Type of account Charges
Online account Free
Offline account Free
NRI account (offline only) ₹ 500
Partnership, LLP, HUF, or Corporate accounts (offline only) ₹ 500

Demat AMC (Annual Maintenance Charge)

Value of holdings AMC
Up to ₹4 lakh Free
₹4 lakh - ₹10 lakh ₹ 100 per year, charged quarterly*
Above ₹10 lakh ₹ 300 per year, charged quarterly

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.

Transaction/Turnover Charges

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.

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.

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.

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 ₹0.01 will be charged per contract note. Clients who opt to receive physical contract notes will be charged ₹20 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 at 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 HUFs need to pay 0.1% or ₹20 (whichever is less) as delivery brokerage. A brokerage of 0.25% of the contract value will be charged for contracts where physical delivery happens. For netted off positions in physically settled contracts, a brokerage of 0.1% will be charged.