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Motilal Oswal's Brokerage, Other Charges, Leverage & Margin

There are couple of plan Motilal Oswal offers to its customers. Depending on the plan which you choose the brokerage charges differs. The value Pac is a subscription – based plan where you need to pay certain upfront amount based on which the corresponding brokerage charges are applied. The payment made in this plan is non refundable.

The Margin plan proposed by the Motilal Oswal to its customer which is dependent on the margin amount which customer is paying. The idea is simple – more margin money you put in your account, less brokerage you have to pay to the broker. There is a minimum brokerage clause of Rs.30 when you trade through Motilal Oswal . Whatever be your trade value, you will be required to pay Rs. 30 as minimum brokerage in case of delivery trade and Rs. 15 for Intraday Trade.

Motilal Oswal- Value Pac Scheme:

Segment Monthly VP Quarterly VP Half Yearly VP Yearly VP
Scheme Name VP2.5K VP2.5K VP5K VP25K VP50K
Upfront Fees  Rs.2500 Rs.2500 Rs.5000 Rs.25000 Rs.50000
Validity Days  30 90 90 180 365
Account Opening Fees  Nil Nil Nil Nil Nil
DP-AMC  1st Year Free 1st Year Free 1st Year Free 1st Year Free 1st Year Free
Equity Delivery (Minimum)  0.03% 0.03% 0.02% 0.02% 0.02%
Equity Delivery  0.25% 0.30% 0.25% 0.20% 0.18%
Equity Intraday  0.03% 0.03% 0.025% 0.02% 0.015%
Equity Future  0.03% 0.03% 0.025% 0.03% 0.025%
Equity Options  Rs.60 (Per Lot) Rs.70 (Per Lot) Rs.60 (Per Lot) Rs.40 (Per Lot) Rs.50 (Per Lot)
Currency Future  Rs.20 (Per Lot) Rs.20 (Per Lot) Rs.20 (Per Lot) Rs.20 (Per Lot) Rs.20 (Per Lot)
Currency Options  Rs.20 (Per Lot) Rs.20 (Per Lot) Rs.20 (Per Lot) Rs.20 (Per Lot) Rs.20 (Per Lot)

Motilal Oswal – Margin Scheme:

Scheme Name Margin 1000 Margin 10000 Margin 25000 Margin 50000
  M-1K M-10K M-25K M-50K
Upfront Margin  30 90 180 365
Validity Days  30 90 180 365
Account Opening Fees  Nil Nil Nil Nil
DP-AMC  1st Year Free 1st Year Free 1st Year Free 1st Year Free
Equity Delivery (Minimum)  0.03% 0.03% 0.02% 0.02%
Equity Delivery  0.30% 0.30% 0.25% 0.25%
Equity Intraday  0.03% 0.03% 0.03% 0.03%
Equity Future  0.03% 0.03% 0.03% 0.025%
Equity Options  Rs.100 (Per Lot) Rs.75 (Per Lot) Rs.75 (Per Lot) Rs.50 (Per Lot)

Motilal Oswal's Equity Trading Charges

Charges Equity Delivery Equity Intraday
Brokerage (Value Pac) 0.25% to 0.18% 0.03% to 0.015%
Brokerage (Margin Plan) 0.30% to 0.25% 0.03% to 0.025%
STT 0.1% ON BOTH Buy & Sell 0.025% On the Sell side
Transaction / Turnover charges NSE : 0.00335% | BSE 0.01% NSE : 0.00325% | BSE 0.002%
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Motilal Oswal's F&O Trading Charges

Charges Equity Future Equity Options
Brokerage (Value Pac) 0.03% to 0.025% Rs.60 to 50 (Per Lot)
Brokerage (Margin Plan) 0.03% to 0.025% Rs.100 to 50 (Per Lot)
STT 0.01% On the Sell side 0.05% On the Sell side (ON PREMIUM)
Transaction / Turnover charges NSE : 0.002% NSE : 0.0511%|BSE 0.002% on Premium
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Motilal Oswal's Currency Trading Charges

Charges Currency Future Currency Options
Brokerage (Value Pac) 0.03% to 0.025% Rs.60 to 50 (Per Lot)
Brokerage (Margin Plan) 0.03% to 0.025% Rs.100 to 50 (Per Lot)
STT NA NA
Transaction / Turnover charges NSE : 0.00125% NSE : 0.042% on Premium
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Motilal Oswal's Commodity Trading Charges

Charges Commodity
Brokerage (Value Pac) 0.03% to 0.025%
Brokerage (Margin Plan) 0.03% to 0.025%
STT/CTT 0.01% on Sell
Transaction / Turnover charges MCX 0.0025%
SEBI Charges 20 Rs/Crore
GST 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State

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 TRADE SMART Online STT/CTT can be a lot more than the brokerage we charge.
  • Transaction/Turnover Charges: 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 TRADE SMART Online STT/CTT can be a lot more than the brokerage we charge.
  • Exchange transaction charges + Clearing charges. Charged by exchanges (NSE, BSE,MCX) and clearing member.
  • Call & trade:
    • Free with your Sharekhan Trading :
  • Stamp charges:
    • Charged as per the state of the client's correspondence address.
  • GST:
    • Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)
  • SEBI Charges:
    • Charged at ₹ 15 per crore by Securities and Exchange Board of India for regulating the markets.