SVCM Brokerage Charges

List of applicable charges with detailed explanation





SVCM Charges Equity Delivery Equity Intraday Equity Futures Equity Options
STT 0.1% on buy & sell 0.025% on the sell side 0.01 on sell side 0.05% on sell side (on premium)
Transaction Charges NSE: 0.00345%
BSE: 0.00345%
NSE: 0.00345%
BSE: 0.00345%
NSE: 0.002% NSE: 0.053% (on premium)
GST 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
SEBI Charges 10 / Cr. 10 / Cr. 10 / Cr. 10 / Cr.
Stamp Charges 0.015% on buy side 0.003% on buy side 0.002% on buy side 0.003% on buy side

Charges Explained

Securities/Commodities Transaction Tax (STT/CTT):
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 SVCM, 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.

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.

Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges).

SEBI Charges:
Charged at 10 per crore by Securities and Exchange Board of India for regulating the markets.

DP (Depository participant) Charges:
20 + 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 (SVCM).

Pledging Charges:
25 + GST per pledge request.

AMC (Account Maintenance Charges):
600/year + GST charged yearly upfront for Individual client.
1,500/year + GST charged yearly upfront for Non-Individual client.

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 CML Request:
First CML request is free. 20 + 100 (courier charge) + 18% GST for subsequent requests.

Delayed Payment Charges:
Interest is levied at 18% a year or 0.05% per day on the debit balance in your trading account.
Bounce/Return cheque charges 500 +GST per instance.
Periodic statement on email is free, for printing 50/-and actual postage charges.
Non Periodic statement shall be charged 5/- per page and postage/courier charges 50/- or actual whichever is higher.

Note: Tariff is Subject To Change. Changes If Any Will Be Intimated 30 Days In Advance.

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.