Zerodha, India’s biggest discount stock broker offers lowest & cheapest brokerage rates for investing and trading in Stocks, Mutual Funds, IPO, Future & Options, SGB, Commodity, Currency and more with an attractive pricing model. It provides zero charges for equity delivery and mutual fund.
In this article, We will explain Zerodha’s brokerage charges and pricing model in detail so you can easily understand the fees and taxes you can face when investing or trading through Zerodha.
Detailed Charges List
Zerodha brokerage charges and pricing, We have divided this section into 4 parts, the first section covers general charges list, second section covers regulatory charges for equity, currency and commodity, at third covers penalties and last section we explained all charges briefly.
Key Charges
₹0
For Equity Delivery
Zero brokerage for equity delivery (NSE BSE)
₹20
For Intraday
₹20 or 0.03% per executed order, whichever is lower applied on all intraday trades
₹20
For Options
Flat ₹20 per executed order on Options trading.
₹0
For Mutual Fund
Investing in MF on Zerodha is free of charge – ₹0 commissions & DP charges.
Basic Charges List – Zerodha
| Description | Charges |
|---|---|
| Account Opening Charges | FREE |
| Annual Maintenance Charges (AMC) | ₹300 |
| Call & Trade Services | ₹50 + 18% GST |
| Auto Square Off Charges | ₹50 + 18% GST per Order |
| Depository Participant charges (DP) | ₹13 + 18% GST per company debit |
| Physical Delivery | – |
| Cheque Bounce Charges | Up to ₹350 + 18% GST |
| Payment Gateway Charges | ₹9 + GST (Free for UPI) |
| Credit Charges (Buy Receive) | ₹0 |
| Pledge Request | ₹30 + 18% GST per ISIN request |
| Unpledge Request | ₹0 no charges |
| Pledge Invocation | ₹30 + GST |
| Demat Charges | ₹150 per certificate + ₹100 courier |
| Remate Charges | ₹150 per certificate + ₹100 courier |
| Conversion of MF Units / Destatementisation | ₹150 + 18% GST |
| Reconversion of MF units into SOA or Redemption/Restatmentisation Per SOA | ₹150 + 18% GST |
| Stamp Charges | – |
| Failed / Rejected Demat Transactions | ₹0 |
| Periodic Statement | ₹0 charges by Email. |
| Modification in KRA / Download | ₹0/- |
| Transfer of shares from Zerodha Demat to other Demat | ₹25 or 0.03% per stock whichever is higher + GST |
| Transfer of shares from other Demat to Zerodha | Standerd Charges are applicable |
Regulatory charges – Zerodha
Equity delivery, Futures & Options Regulatory Charges
| Type | Equity delivery | Equity intraday | Futures | Options |
|---|---|---|---|---|
| Brokerage | ZERO | ₹20 or 0.03% per executed order whichever is lower | ₹20 or 0.03% per executed order whichever is lower | Flat ₹20 per executed order |
| STT | 0.1% on buy & sell | 0.025% on the sell side | 0.02% on the sell side | 0.01% on sell side |
| Exchange charges | NSE: 0.00297% BSE: 0.00375% | NSE: 0.00297% BSE: 0.00375% | NSE: 0.00173% BSE: 0 (Zero) | NSE: 0.03503% BSE: 0.0325% |
| GST | 18% on brokerage + SEBI charges + transaction charges | 18% on brokerage + SEBI charges + transaction charges | 18% on brokerage + SEBI charges + transaction charges | 18% on brokerage + SEBI charges + transaction charges |
| SEBI charges | ₹10 / crore | ₹10 / crore | ₹10 / crore | ₹10 / crore |
| Stamp charges | 0.015% | 0.003% | 0.002% | 0.003% |
| IPST (NSE) | 0.0001% of the turnover | 0.0001% of the turnover | 0.0001% of the turnover | 0.0005% of the turnover |
Currency Regulatory Charges
| Type | Currency Futures | Currency Options |
|---|---|---|
| Brokerage | ₹20 or 0.03% per executed order whichever is lower | Flat ₹20 per executed order |
| STT | – | – |
| Exchange charges | NSE: 0.00035% BSE: 0.00045% | NSE: 0.0311% BSE: 0.001% |
| GST | 18% on brokerage + SEBI charges + transaction charges | 18% on brokerage + SEBI charges + transaction charges |
| SEBI charges | ₹10 / crore | ₹10 / crore |
| Stamp charges | 0.0001% on Buy Side | 0.0001% on Buy Side |
Commodity Regulatory Charges
| Type | Commodity Futures | Commodity Options |
|---|---|---|
| Brokerage | ₹20 or 0.03% per executed order whichever is lower | Flat ₹20 per executed order |
| STT | 0.01% on sell (Non Agri) | 0.05% on sell side |
| Exchange charges | Group A: 0.0021% Group B: Refer Contract Note | Exchange Charges 0.0418% |
| GST | 18% on brokerage + SEBI charges + transaction charges | 18% on brokerage + SEBI charges + transaction charges |
| SEBI charges | ₹1/crore for Agri and ₹10/crore | ₹10/crore |
| Stamp charges | 0.002% on Buy Side | 0.003% on Buy Side |
Zerodha MTF (Margin Trading Facility) Charges
Brokerage: 0.03% or ₹20 whichever is lower / per order
Interest Charges: Zerodha charges 0.04% per day + GST for a book size upto 40 lakhs or funded amount is 40 lakhs. The interest is applied from T+1 day until the stocks are sold this cost will be deducted from your gains or added to your losses.
Account Opening Charges
- Online Account – FREE
- Offline Account – FREE
- NRI Account – ₹500
- Partnership, LLP, HUF or Corporate Account – ₹500
All Charges Explained – Zerodha
Zerodha Charges
- Brokerage – 0.03% up to ₹20 per order charged on equity stocks & FnO order
- Zero Commission on Mutual fund
Government Charges
- STT (Securities Transaction Tax) – This charges levied by the government on securities and charged on both buy and sell orders for equity delivery & charged only on sell when you trade intraday in equity and FnO.
- GST 18% – Charged by government on the services. this is additional charges on brokerage, DP charges, Exchange charges, IPFT, Sebi Ternover and auto square off charges.
- Stamp duty charges – Stamp duty charges are a part of state government revenue systemapplicable on the trading of securities.
Regulatory Charges
- Transaction Charges – This charges applicable or charged by exchange like nse, bse on the value of your transaction.
- SEBI Charges – SEBI a government body regulating the indian securities market charged ₹10 per crore.
DP Charges
- ₹13 + GST per script, on the debit day, is charged from the trading account when stocks are sold. This is charged by the depository and depository participant.
- Female demat account holders (as first) will enjoy ₹0.25 discount per transaction
AMC Charges
- FOR basic service demat account (BSDA): ₹0 when holding less than ₹4 lakh
- FOR non basic service demat account (Non-BSDA): ₹300/year + 18% GST applicable and debit quarterly (every 90 days)
NRI Brokerage Charges
- ₹100 per order for FnO
- Non-PIS account charges 0.5% or ₹200 whichever is lower / executed order
- PIS account charges 0.5% or ₹200 whichever is lower / executed order
- ₹500 + GST as yearly account maintenance charges (AMC applicable)
Delayed Payment Charges – 18% yearly or 0.05% per day on the debit balance in your trading account.
In this article, we’ve looked closely at Zerodha brokerage charges structure and fees. This helps you understand what you’ll pay when you use Zerodha for investing and trading.
Also when you look at the key charges, Zerodha provide zero charges for delivery and mutual fund orders that help beginners enter the markets and start investing with zero brokerage fees.
