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₹0*
Account Opening
Open a free Demat account.
₹0*
AMC
Zero AMC for the first 365 days.
₹0*
Free Equity Delivery
No cost on equity delivery.
| Share India Charges | Equity Delivery | Equity Intraday | Equity Futures | Equity 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 | 0.01% 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 + 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 + GST | ₹10 / crore + GST | ₹10 / crore + GST | ₹10 / crore + GST |
| 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 |
Other Charges **
- Late pay-in/delayed payment charges - upto 24% p.a.
- Demat charges - ₹ 15/- per transaction for all instances involving Off-market / Inter-settlement transfers and/or pay-in of shares out of securities held on behalf of the respective client.
- Cheque bouncing charges - ₹ 250/- per instance.
- Request for physical statement/bill/contract note - ₹ 200-(upto 10 pages) and ₹ 15-per page above 10 pages.
- All such charges/penalties that may be levied upon Share India Securities Limited by stock exchanges/SEBI/any other statutory authority due to any act/commission/negligence, whether willful or otherwise, on part of the client.
- In addition to the above, appropriate charges shall also be levied for all such services/facilities that may be availed by the client in addition to services/facilities as per defined Rights and Obligations.
- Please refer to our website for details of applicable charges for value-added services.
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Frequently Asked Questions
If you do not trade with Share India, there will be no transaction charges but there will be annual charges on your Demat account that you need to pay for the activation of your Demat account. Share India charges 0 AMC for the first 365 days hence you don’t have to worry about anything once you open a demat account with Share India.
The account closure is totally online where you need to pay a minimal amount for the paperwork process at Share India in order to close your trading account permanently.
Some of the other charges other than brokerage are the annual maintenance charges (AMC), transaction charges, and taxes.
Charges applicable for the share trading are the brokerage charge, taxes, and the maintenance charge.
Yes at Share India, you have to pay yearly maintenance charges even if you don't hold any shares in your Demat account. There are no maintenance charges that must be paid for the first 365 of having a demat account irrespective of holding anything in your demat account or not.
The call & trade is a facility that allows a trader in the stock market to place the buy and sell order using their smartphone to authenticate your trade. You are charged according to your trade and you are charged at the time of squaring off your position. There are also taxes added to your trade.
You won't be charged for the canceled order, you will be only charged for the order which is executed properly. You don't need to pay any charges for the canceled order in your trading.
The Stamp duty charge is a government tax in India on trading stocks and other financial assets. The stock broker collects it for issuing stamped contract notes at the end of the trading day.
SEBI levies the SEBI turnover on all trades on stock exchanges. The SBI turnover fee is levied as ₹10/- per crore of turnover.
To transfer existing holdings to Share India, you need to open a trading/Demat account by visiting the Share India website and clicking on the Open a Demat account button. After that, you need to submit a request to your old broker for the transfer of securities into a new Demat account from Share India.
Margin trading is a type of trading where traders borrow funds/securities. It is a leveraging method that enables investors to take exposure to the market. SEBI has prescribed the eligibility terms & conditions for allowing traders to use the margin facility for trading in the stock market.
Minors are allowed to open a Demat account only in offline mode. Documents required are minor stamp minor eKYC and guardian eKYC.
No, You can open an online trading & Demat account free of cost & completely online process.
We at Share India aim at transforming the millennial trading experience through a cutting-edge fintech platform. We strive to provide the best value for money trading solutions by incorporating Artificial Intelligence and Machine Learning technology.
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