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

Sharekhan offers two brokerage plans to its customers which are Pre-paid & Post-paid. More margin money you put in your account, less brokerage you have to pay to the broker.

Special Offer: Free Account opening+ No AMC charged on Demat account for the first year + Free Dial n Trade + Customised Pricing.Get the offer
Sharekhan Account Opening & AMC Charges

Sharekhan charges ₹0 for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. ₹400 (Free for 1st year) 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 Sharekhan to maintain your account.

Name Details
Trading Account Opening Fee ₹0
Demat Account Opening Fee ₹0 (Free)
Demat Account AMC ₹400 (Free for 1st year)
Trading Account AMC ₹0
Sharekhan Brokerage Charges

Please find below Sharekhan Brokerage charges in their basic Plan. Sharekhan provides delivery trade at 0.50%, Intraday Trade at 0.10%, Equity Future Trade at 0.10%, and Equity Option Trade at ₹50 per lot.

Plan Name Classic Account
Equity Delivery 0.50%
Equity Intraday 0.10%
Equity Future 0.10%
Equity Options ₹50 per lot
Currency Futures 0.10%
Currency Options ₹30 per lot
Monthly Fee -
Margin Trading -
Commodity Futures 0.03%
Commodity Options 0.03%
Sharekhan 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. Sharekhan Transaction charges are as per the below table:

Name Details
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Future * NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side)
Equity Options * NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium)
Currency Futures * NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%)
Currency Options NSE ₹4220 per Cr (0.04220%) | MCX ₹3220 per Cr (0.03220%) (on premium)
Commodity MCX (Non-Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%)
Sharekhan Other Charges

A lot of other Charges are getting levied other than brokerage by Sharekhan 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 Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share
Call & Trade Rs 20
Stamp Duty * Charges as per the state of residence
DP Charges (on sell side) Rs 0
Other Miscellaneous Charges -
Sharekhan Demat Account Charges

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

Name Details
Depository Service Provider CDSL
Account Opening Fee ₹0 (Free)
Advance Deposit

₹500 Advance which will be adjusted against billing (Optional)

Tariff D - Deposit ₹2999 (refund of deposit ₹2000 on closure)

AMC ₹0 (Free)
Dematerialisation Charges

₹5 per certificate (Min ₹50 per request for Tariff A,B,C,D,E,F & H) (Min ₹100 per request for Tariff G )

Rematerialisation Charges

₹50 per certificate or ₹50 for every hundred securities

Transaction Charges (Credit) -
Transaction Charges (debit) Rs 30 or 0.03% which ever is higher
Pledge Creation Charges

0.03 % of the value of the Transaction (Min ₹100 per transaction)

Pledge Creation Confirmation Charges

Nil

Pledge Invocation Charges

Nil

Failed Instruction Charges

Nil

Other Charges
  1. Freeze /De-freeze - ₹25 per request
  2. Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
  3. Client Master changes ₹30 per request for Tariff G

ShareKhan 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: No additional charges by Sharekhan for placing orders via Phone
  • Stamp charges: Charged as per the state of the client's correspondence address.
  • GST:Tax levied by the government on the services/Product delivered at 18% of (brokerage + transaction charges)
  • SEBI Charges:SEBI charges Rs.15 per crore as a fees for regulating the markets.
  • DP (Depository Participant) charges:DP Charges of Rs.20 per scrip (irrespective of quantity) debited from the demat account when stocks are sold.
  • AMC (Annual maintenance charges): Rs.400/year.
Special Offer: Free Account opening+ No AMC charged on Demat account for the first year + Free Dial n Trade + Customised Pricing.Get the offer

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