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Zerodha Brokerage, Account opening , Demat account and AMC Charges 2020

Zerodha is the number one brokerage firms based out of Banglore, Zerodha works as a flat fee share broker popularly known as Discount brokers , Budget Brokers or Pay Per Order Brokerage. The said discount broking model avoids variable charges based on the volume and charges flat fees irrespective of volumes therefore favours traders who take large futures and options provisions.

Zerodha has recently collobrated with IDFC First bank and started providing the 3-in-one account facility just like ICICI Direct , HDFC Securities without any additional charges. The Zerodha-IDFC FIRST Bank 3-in-1 account is a single account which is inclusive of a trading, DEMAT and bank account, all rolled into one in order to provide a seamless banking & investing experience for individuals.

For all indian resident Zerodha charges a brokerage of 0.01% or ₹20 per executed order, whichever is lower, irrespective of the number of shares or their value (other than equity delivery trade which is free).Zerodha doesn't have minimum brokerage and maximum brokerage you pay for any transaction is ₹20 for an order (of any size and in any segment).

Incase of NRI account Zerodha charges a brokerage of 0.1% OR Rs. 200 per executed order for equity (whichever is lower) and for Rs. 100 per order for F&O trade. Zerodha charges only Rs. 500 for opening NRI trading account

All direct mutual fund investments are absolutely free — Rs. 0 commissions & DP charges.

Zerodha Account Opening Charges 2020

Particulars Charges
Trading Account Opening Charges (One Time) Rs.200
Trading Annual Maintenance Charges AMC (Yearly Fee) Free
Demat Account Opening Charges (One Time) Free
Demat Account Annual Maintenance Charges AMC (Yearly Fee) Rs 300 P.A.

Zerodha Brokerage Charges 2020

Segment Zerodha Brokerage Charges
Equity Delivery Free
Equity Intraday Flat Rs 20 per order
Equity Future Flat Rs 20 per order
Equity Options Flat Rs 20 per order
Currency Future Flat Rs 20 per order
Currency Options Flat Rs 20 per order
Commodity Flat Rs 20 per order

Zerodha Transcation Charges:

Segment Transaction Charges
Equity Delivery NSE Rs.325 per Cr (0.00325%) | BSE Rs.300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs.325 per Cr (0.00325%) | BSE Rs.300 per Cr (0.003%) (each side)
Equity Future NSE Rs.190 per Cr (0.0019%)
Equity Options NSE Rs.5000 per Cr (0.05%)
Currency Future NSE Rs.90 per Cr (0.0009%) | BSE Rs.22 per Cr (0.00022%)
Currency Options NSE Rs.70 per Cr (0.0007%) | BSE Rs.100 per Cr (0.001%) (on premium)
Commodity Group A - Rs.260 per Cr (0.0026%)

Zerodha Security Transcation Tax and Commodity Transcation Tax:

Segment STT/CTT
Equity Delivery 0.1% on buy & sell both
Equity Intraday 0.025% on the sell side only
Equity Future 0.01% on sell side only
Equity Options 0.05% on sell side (on premium)
Currency Future No STT
Currency Options No STT
Commodity Futures: 0.01% on sell side (Non-Agri), Options 0.05% on sell side

Zerodha Taxes:

18% GST on (brokerage + transaction charges)

Zerodha SEBI CHARGES:

0.0001% or Rs.10 / crore

Zerodha STAMP CHARGES:

Based on the state to state

Charges for optional value added services offered by Zerodha

Service Billing Frquency Charges
StockReports+ Monthly /6 Monthly / Annually ₹ 150/810/1440
Screener Monthly /Quarterly/ 6 Monthly / Annually ₹ 100/285/540/960
Sensibull Monthly Free: 0 | Lite: 800 | Pro: 1300
Streak Monthly Basic: 500 | Premium: 900 | Ultimate: 1400
Kite Connect Monthly Connect: 2000 | Historical: 2000
Pi Bridge Monthly ₹500

Zerodha Demate Charges 2020

S.NO Particulars Charges
1 Demat Account Opening Charges ₹0
2 Stamp Charges payable upfront (at actuals) ₹50
3 Annual Maintenance Charges (AMC):
  a. Individuals ₹300 Per Year + GST (Payable upfront every year)
  b. Corporates ₹1000 + GST (Payable upfront every year)
4 Transaction Charges per ISIN (Market Trades):
  a. Buy (Receive) ₹0
  b. Sell(Debit) ₹8 + ₹5.50 flat for every debit transaction
5 Inter Depository Transfer (Off-Market Trades):
  a. Buy (Receive) NIL
  b. Sell(Debit) 0.03% or ₹25 whichever is higher
6 Demat (Per certificate) ₹150
7 Remat (Per ISIN) ₹150 (Per certificate) + CDSL Charges
8 Courier charges per Demat/ Remat request ₹100
9 Pledge per ISIN ₹20 + ₹12 per request (CDSL Charges)
10 Unpledge per ISIN ₹20 + ₹12 per request (CDSL Charges)
11 Pledge Invocation per ISIN ₹20
12 Periodic Statement:
  a. By Email Free
  b. Physical ₹50 (Couier Charges)
13 Adhoc / Non Periodic Statement Requests:
  a. By Email ₹10 per request
  b. Physical ₹50 per request upto 10 pages. Every additional page at ₹5 (+Courier charges at actual)
14 Delivery Instructions:
  a. First Delivery Instruction Book Free (10 leaves)
  b. Every Additional Booklet ₹100 (10 leaves)
15 Cheque Bounce/ Per cheque ₹350
16 Failed Transactions ₹50 per ISIN
17 Modification in CML ₹25 per request
18 KRA Upload / Download ₹50

Frequently Asked Questions:

  1. What is the brokerage charges in Zerodha?
    • For Indian resident Zerodha charges a brokerage of 0.01% or ₹20 per executed order, whichever is lower, irrespective of the number of shares or their value (other than equity delivery trade which is free).

  1. What is the brokerage charges in Zerodha for NRI customers?
    • Incase of NRI customer account Zerodha charges a brokerage of 0.1% OR Rs. 200 per executed order for equity (whichever is lower) and for Rs. 100 per order for F&O trade. Zerodha charges only Rs. 500 for opening NRI trading account.

  1. How much Zerodha charge for Delivery trade?
    • Zerodha does not charge brokerage on delivery Trade which means its absolutely Free.

  1. How can I withdraw money from Zerodha for free?
    • Zerodha does not charge any amount for Fund withdrawal. 1.Equity, F&O, and Currency withdrawals need to be submitted before 7 PM Monday to Friday. 2.Commodity withdrawals are before 9 AM Monday to Friday.

  1. Does Zerodha provides 3 in 1 account facility?
    • Zerodha has recently collobrated with IDFC First bank and started providing the 3-in-one account facility just like ICICI Direct , HDFC Securities without any additional charges. The Zerodha-IDFC FIRST Bank 3-in-1 account is a single account which is inclusive of a trading, DEMAT and bank account, all rolled into one in order to provide a seamless banking & investing experience for individuals.

  1. Does Zerodha provides Tips?
    • No, Zerodha doesn't offer stock tips, recommendations, research and advisory. It does not provide any daily tips.