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The full Service Broker, Religare brokerage plan is mentioned in the tables below with clear segregation of all the fees levied during the trading.

Religare Broking Account Opening & AMC Charges

Religare Broking charges ₹500 for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. ₹400 from second year onward are annual maintenance charges for a demat account and would get deducted from your account even if you have not traded for a year by Religare Broking to maintain your account.

Name Details
Trading Account Opening Fee ₹500
Demat Account Opening Fee Nil
Demat Account AMC ₹400 from second year onward
Trading Account AMC ₹0
Religare Broking Brokerage Charges

Please find below Religare Broking Brokerage charges in their basic Plan. Religare Broking provides delivery trade at 0.50% to 0.10%, Intraday Trade at 0.050% to 0.010%, Equity Future Trade at 0.05%, and Equity Option Trade at ₹70 per lot.

Plan Name Standard Plan
Equity Delivery 0.50% to 0.10%
Equity Intraday 0.050% to 0.010%
Equity Future 0.05%
Equity Options ₹70 per lot
Currency Futures 0.05%
Currency Options ₹30 per lot
Monthly Fee -
Margin Trading 0.025%
Commodity Futures 0.05%
Commodity Options ₹30 per lot
Religare Broking Transaction Charges (Per Crore)

The Brokers in India charges Transaction / Turnover charges along with Brokerage on every order executed through the stock exchange. These charges differ by the stock exchange in which you trade and type of trades like delivery, intraday or F&O, etc. Religare Broking Transaction charges are as per the below table:

Name Details
Equity Delivery 0.0037%
Equity Intraday 0.0037%
Equity Future * 0.004%
Equity Options * 0.06% on Premium
Currency Futures * 0.004%
Currency Options 0.06% on Premium
Commodity 0.0035%
Religare Broking Other Charges

A lot of other Charges are getting levied other than brokerage by Religare Broking like minimum brokerage, call & Trade charges, Stamp duty, DP Charges, etc. A list of the same is in the below table.

Name Details
Minimum Brokerage 1p per share
Call & Trade ₹10 per executed order (max ₹50 per day)
Stamp Duty * Charges as per the state of residence
DP Charges (on sell side) ₹12 + ₹5.5 (CDSL) per scrip
Other Miscellaneous Charges -
Religare Broking Demat Account Charges

The charges on Demat account transactions are charged separately and over and above trading Brokerage. Find Religare Broking demat account charges 2020.

Name Details
Depository Service Provider CDSL and NSDL
Account Opening Fee ₹500
Advance Deposit

₹500

AMC Nil
Dematerialisation Charges

₹2 per certificate + ₹30 Courier Charges

Rematerialisation Charges

₹20 per certificate + CDSL Charges + ₹30 Courier Charges

Transaction Charges (Credit) -
Transaction Charges (debit) 0.03% or ₹30 whichever is higher
Pledge Creation Charges

₹50 per request or 0.02% of the value of securities whichever is higher

₹50 per request or 0.02% of the value of securities whichever is higher

Pledge Creation Confirmation Charges

₹50 per request or 0.02% of the value of securities whichever is higher

Pledge Invocation Charges

₹50 per request or 0.02% of the value of securities whichever is higher

Failed Instruction Charges

Nil

Other Charges

Demat Rejection Charges ₹30 per rejection.

Delivery Instruction Booklet ₹1 per leaflet.

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.

  • Transaction/Turnover Charges:Exchange transaction charges + Clearing charges. Charged by exchanges (NSE, BSE,MCX) and clearing member.

  • Annual Subscription fee for EXE Based Diet users will be Rs.999 p.a.

  • Minimum brokerage of 1 paisa per scrip will be applicable on plans.

  • Minimum brokerage charge for trading in illiquid/high risk scrip's in cash segment will be 0.50 on delivery and 0.05% on intraday turnover with minimum 5 paisa (Scrip list available under client login).

  • Call & trade: Additional charges of Rs. 10 per executed order:

  • Administrative charges- For offline orders (on per executed order) shall be Rs.10 (maximum Rs.50 per day)

  • 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 Rs.15 per crore by Securities and Exchange Board of India for regulating the markets.

Religare Broking User Reviews

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