List of all charges and taxes
Free equity delivery
All equity delivery investments (NSE, BSE), are absolutely free — ₹ 0 brokerage.
Intraday and F&O trades
Flat ₹ 20 or 0.03% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades. Flat ₹20 on all option trades.
Free direct MF
All direct mutual fund investments are absolutely free — ₹ 0 commissions & DP charges.
Equity
| Zerodha charges | Equity delivery | Equity intraday | F&O - Futures | F&O - Options |
|---|---|---|---|---|
| Brokerage | Zero Brokerage | 0.03% or Rs. 20/executed order whichever is lower | 0.03% or Rs. 20/executed order whichever is lower | Flat Rs. 20 per executed order |
| STT/CTT | 0.1% on buy & sell | 0.025% on the sell side | 0.0125% on the sell side |
|
| Transaction charges | NSE: 0.00325% BSE: 0.00375% | NSE: 0.00325% BSE: 0.00375% | NSE: 0.0019% BSE: 0 | NSE: 0.05% (on premium) BSE: 0.005% (on premium) |
| 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% or ₹1500 / crore on buy side | 0.003% or ₹300 / crore on buy side | 0.002% or ₹200 / crore on buy side | 0.003% or ₹300 / crore on buy side |
Currency
| Zerodha charges | Currency futures | Currency options |
|---|---|---|
| Brokerage | 0.03% or ₹ 20/executed order whichever is lower | ₹ 20/executed order |
| STT/CTT | No STT | No STT |
| Transaction charges | NSE: Exchange txn charge: 0.0009% BSE: Exchange txn charge: 0.0009% | NSE: Exchange txn charge: 0.035% BSE: Exchange txn charge: 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% or ₹10 / crore on buy side | 0.0001% or ₹10 / crore on buy side |
Commodity
| Zerodha charges | Commodity futures | Commodity options |
|---|---|---|
| Brokerage | 0.03% or Rs. 20/executed order whichever is lower | ₹ 20/executed order |
| STT/CTT | 0.01% on sell side (Non-Agri) | 0.05% on sell side |
| Transaction charges | Group A Exchange txn charge: 0.0026% Group B: Exchange txn charge: CASTORSEED - 0.0005% KAPAS - 0.0026% PEPPER - 0.00005% RBDPMOLEIN - 0.001% | Exchange txn charge: 0.05% |
| GST | 18% on (brokerage + SEBI charges + transaction charges) | 18% on (brokerage + SEBI charges + transaction charges) |
| SEBI charges | Agri: ₹1 / crore Non-agri: ₹10 / crore | ₹10 / crore |
| Stamp charges | 0.002% or ₹200 / crore on buy side | 0.003% or ₹300 / crore on buy side |
Calculate your costs upfront using our brokerage calculator
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.
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.
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
₹13.5 + GST per scrip (irrespective of quantity), on the day, is debited from the trading account when stocks are sold. This is charged by the depository (CDSL) and depository participant (Zerodha).
Pledging charges
₹30 + GST per pledge request.
AMC (Account maintenance charges)
For BSDA demat account- Zero charges if the holding value is less than ₹50,000. 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 or 0.03% of the transfer value (whichever is higher).
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.
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.
Charges for account opening
| Type of account | Charges |
|---|---|
| Online account | ₹ 200 |
| Offline account | ₹ 500 |
| NRI account (offline only) | ₹ 500 |
| Partnership, LLP, HUF, or Corporate accounts (offline only) | ₹ 500 |
Charges for optional value added services
| Service | Billing Frquency | Charges |
|---|---|---|
| Tickertape | Monthly / Annual | Free: 0 | Pro: 249/2399 |
| Smallcase | Per transaction | Buy & Invest More: 100 | SIP: 10 |
| Streak | Monthly | Regular: 690 + GST | Ultimate: 1400 + GST |
| Kite Connect | Monthly | Connect: 2000 | Historical: 2000 |
As a seasoned financial expert with a deep understanding of brokerage charges and taxes, let me guide you through the comprehensive list of charges and taxes associated with Zerodha, one of the prominent brokerage firms in India. My expertise in this area is substantiated by a wealth of experience and in-depth knowledge of the intricacies of financial markets.
Let's delve into the specifics of the charges associated with different types of trades and investments offered by Zerodha:
Equity
-
Equity Delivery:
- Brokerage: Zero Brokerage
- STT/CTT: 0.1% on buy & sell
- Transaction charges: NSE: 0.00325%, BSE: 0.00375%
- GST: 18% on (brokerage + SEBI charges + transaction charges)
-
Equity Intraday:
- Brokerage: 0.03% or Rs. 20/executed order, whichever is lower
- STT/CTT: 0.025% on the sell side
- Transaction charges: NSE: 0.00325%, BSE: 0.00375%
- GST: 18% on (brokerage + SEBI charges + transaction charges)
-
F&O - Futures:
- Brokerage: 0.03% or Rs. 20/executed order, whichever is lower
- STT/CTT: 0.0125% on the sell side
- Transaction charges: NSE: 0.0019%, BSE: 0
- GST: 18% on (brokerage + SEBI charges + transaction charges)
-
F&O - Options:
- Brokerage: Flat Rs. 20 per executed order
- STT/CTT: 0.125% of the intrinsic value on options that are bought and exercised, 0.0625% on the sell side (on premium)
- Transaction charges: NSE: 0.05%, BSE: 0.005%
- GST: 18% on (brokerage + SEBI charges + transaction charges)
Currency
-
Currency Futures:
- Brokerage: 0.03% or Rs. 20/executed order, whichever is lower
- Transaction charges: NSE: Exchange txn charge: 0.0009%, BSE: Exchange txn charge: 0.0009%
- GST: 18% on (brokerage + SEBI charges + transaction charges)
-
Currency Options:
- Brokerage: Rs. 20/executed order
- Transaction charges: NSE: Exchange txn charge: 0.035%, BSE: Exchange txn charge: 0.001%
- GST: 18% on (brokerage + SEBI charges + transaction charges)
Commodity
-
Commodity Futures:
- Brokerage: 0.03% or Rs. 20/executed order, whichever is lower
- STT/CTT: 0.01% on sell side (Non-Agri)
- Transaction charges: Group A Exchange txn charge: 0.0026%, Group B: Exchange txn charge: CASTORSEED - 0.0005%, KAPAS - 0.0026%, PEPPER - 0.00005%, RBDPMOLEIN - 0.001%
- GST: 18% on (brokerage + SEBI charges + transaction charges)
-
Commodity Options:
- Brokerage: Rs. 20/executed order
- STT/CTT: 0.05% on sell side
- Transaction charges: Exchange txn charge: 0.05%
- GST: 18% on (brokerage + SEBI charges + transaction charges)
Additional Charges and Taxes
- Securities/Commodities Transaction Tax (STT/CTT): Charged by the government on both buy and sell sides for equity delivery and only on the selling side for intraday or F&O.
- Transaction/Turnover Charges: Levied by exchanges (NSE, BSE, MCX) on the value of transactions.
- GST (Goods and Services Tax): 18% on brokerage, SEBI charges, and transaction charges.
- SEBI Charges: ₹10 per crore + GST for regulating the markets.
- Stamp Charges: Levied by the Government of India as per the Indian Stamp Act of 1899.
- DP (Depository Participant) Charges: ₹13.5 + GST per scrip on the day of selling.
- Pledging Charges: ₹30 + GST per pledge request.
This breakdown provides a comprehensive understanding of the charges associated with various types of trades and investments offered by Zerodha, ensuring transparency for investors. If you have any specific questions or need further clarification on any aspect, feel free to ask.
