• Top Stock Brokers in India ‐ Reviews, Comparison and Offers

SAS Online has very a simple pricing structure. They offer maximum for ₹9 for Delivery, intraday equity, F&O, and commodity trades with up to 20X leverage in Equity cash and 5X leverage on NFO & MCX Margin against your shares. Their brokerage calculator makes it quite easy to calculate charges.

SAS Online Equity Brokerage Plans 2020

To attract both active and casual traders SAS Online has fix monthly plan as well as pay per trade plans. SAS Online's- ₹9 per trade [₹9 per executed order/0.01 % whichever is lower] brokerage is the lowest amongst discount brokers with its competitors having RKSV(₹20), Zerodha (₹20) and Trade Smart Online (₹15).

SAS Online ₹9 per Trade plan is charging on each executed order, not for each trade.

SAS Online Unlimited Monthly fee plans are

  • SAS Online's ₹999 Equity Plan - ₹999 unlimited monthly plan to trade in NSE,BSE Cash and F&O with zero brokerage.Upto 20X leverage in Equity cash and 5X leverage on NFO & MCX.
  • SAS Online's ₹999 MCX Plan - ₹999 MCX plan to trade in commodity for full month.Upto 20X leverage in Equity cash and 5X leverage on NFO & MCX.
  • SAS Online's ₹499 Currency Plan: Unlimited trading in currency derivatives by opting for the "499 unlimited currency plan." Upto 20X leverage in Equity cash and 5X leverage on NFO & MCX.
Special Offer: Flat Brokerage of ₹9/ executed order or ₹999/ month,Trade unlimited across segments with zero brokerage.Get the offer
SAS Online Account Opening & AMC Charges

SAS Online charges ₹200 for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. ₹200 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 SAS Online to maintain your account.

Name Details
Trading Account Opening Fee ₹200
Demat Account Opening Fee ₹200
Demat Account AMC ₹200
Trading Account AMC ₹0
SAS Online Brokerage Charges

Please find below SAS Online Brokerage charges in their basic Plan. SAS Online provides delivery trade at ₹9 per executed order, Intraday Trade at ₹9 per executed order, Equity Future Trade at ₹9 per executed order, and Equity Option Trade at ₹9 per executed order.

Plan Name Flat Fee Plan Fixed Monthly Plan
Equity Delivery ₹9 per executed order ₹0
Equity Intraday ₹9 per executed order ₹0
Equity Future ₹9 per executed order ₹0
Equity Options ₹9 per executed order ₹0
Currency Futures ₹9 per executed order ₹0
Currency Options ₹9 per executed order ₹0
Monthly Fee NA ₹999/ month separate for Eq / CD/ MCX
Margin Trading YES -
Commodity Futures ₹9 per executed order ₹0
Commodity Options ₹9 per executed order ₹0
SAS Online 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. SAS Online Transaction charges are as per the below table:

Name Details
Equity Delivery 0.00325% (₹325/crore)
Equity Intraday 0.00325% (₹325/crore)
Equity Future * 0.0022% (₹220/crore)
Equity Options * 0.055% (₹5500/crore) on premium
Currency Futures * 0.0012% (₹120/crore)
Currency Options 0.045% (₹4500/crore) on premium
Commodity Non-Agri: 0.0036% (₹360/crore)
SAS Online Other Charges

A lot of other Charges are getting levied other than brokerage by SAS Online 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 ₹0
Call & Trade ₹20 per trader
Stamp Duty * Charges as per the state of residence
DP Charges (on sell side) ₹9 + ₹5.5 (CDSL) per scrip
Other Miscellaneous Charges 0.01% or ₹9 per executed order, whichever is lower
SAS Online Demat Account Charges

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

Name Details
Depository Service Provider NSDL
Account Opening Fee ₹200
Advance Deposit

Nil

AMC ₹0
Dematerialisation Charges ₹2 per certificate + courier charges of ₹35 per demat request for every 500 grams
Rematerialisation Charges ₹25 per certificate or 0.05% of the value whichever is higher + Depository charges at actuals
Transaction Charges (Credit) NA
Transaction Charges (debit) ₹9 per debit instruction
Pledge Creation Charges ₹50 per transaction
Pledge Creation Confirmation Charges Nil
Pledge Invocation Charges ₹50 per transaction
Failed Instruction Charges ₹30 per transaction
Other Charges

Demat Rejection Charges: ₹35 per rejection for every 500 gms

SLB Charges: For Security Borrowing: ₹25 plus Depository charges, For Security Lending: ₹25 plus Depository charges.

Charges Explained

  • Securities / Commodities Transaction Tax :Tax levied by the government when transacting on the stock exchanges. Charged on both buy and sell sides while trading equity delivery. Charged only on the side of sale when trading intraday or on F&O.
  • Transaction/Turnover Charges: Exchange transaction charges + Clearing charges which are charged by NSE, BSE, MCX, and clearing member.
  • Call & trade: Additional charges of ₹20 per executed order:
  • 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.
  • DP (Depository participant) charges:DP Charges of ₹15 per scrip (irrespective of quantity) debited from demat account when stocks are sold.
  • AMC (Annual maintenance charges):Charged at ₹200/year

SAS Online Margin Exposure,Leverage for Intraday and F&O

Trade Type MIS Orders CO/BO Orders CNC or Normal Order
Equity _Intraday 5-9 times on F&O stocks as per exchange VAR+ELM Upto 20 times on F&O stocks as per exchange VAR+ELM Don't offer any margin for CNC(Cashn Carry) orders.
Equity Future 2 times limit is provided in all the future and option selling contracts 5 times limit is provided in all Index and Stock futures contracts 100% margin required for carry forward
Equity Options 2 times limit is provided for option selling. 100% premium required for option buying 5 times limit is provided for option selling *. 50% premium required for option buying* 100 % margin required for option buying and selling
Currency Future 2 times limit in future and option selling. 100% premium required for option buying   100 % margin required for future and option
Currency Options 2 times limit in future and option selling. 100% premium required for option buying   100 % margin required for future and option
Commodities 2 times limit is provided in all the futures Contracts 5 times limit is provided in all futures contracts 100% margin required for carry forward

*MIS : Margin intraday square

*CNC : Cash n Carry

Pricing verdict: The SAS Online pricing suits everyone; be it a beginner, or a hardcore trader. SAS Online is best suited for:

  • Beginners
  • Frequent traders
  • Mobile users
Special Offer: Flat Brokerage of ₹9/ executed order or ₹999/ month,Trade unlimited across segments with zero brokerage.Get the offer

SAS Online User Reviews

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