• Top Stock Brokers in India ‐ Reviews, Comparison and Offers
Check reviews of other Share brokers
Zerodha Upstox Angel One ProStocks Paytm Money Fyers 5paisa TradeSmart SAS Online TradePlus SAMCO Alice Blue Aditya Birla Money Edelweiss IIFL Anand Rathi ICICI Direct Axis Direct HDFC Securities Marwadi Group Motilal Oswal Religare Broking SMC Global Kotak Securities Geojit BNP Paribas Groww Dhani Stocks FINVASIA Market Wolf SBICAP Securities
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.

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.

Sharekhan Account Opening & AMC Charges

Sharekhan charges Rs 0 (Free) for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. Rs 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 Rs 0 (Free)
Demat Account Opening Fee Rs 0 (Free)
Demat Account AMC Rs 400 (Free for 1st year)
Trading Account AMC Rs 0 (Free)
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 Rs 50 per lot.

Plan Name Classic Account Sharekhan Prepaid
Equity Delivery 0.50% 0.10%
Equity Intraday 0.10% 0.015%
Equity Future 0.10% 0.015%
Equity Options Rs 50 per lot 0.05% or Rs 63 per lot
Currency Futures 0.10% -
Currency Options Rs 30 per lot -
Monthly Fee - Rs 1,00,000 per year
Margin Trading - -
Commodity Futures 0.03% -
Commodity Options 0.03% -
Sharekhan Exchange Transaction Charges

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 Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Future * NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side)
Equity Options * NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium)
Currency Futures * NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%)
Currency Options NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium)
Commodity MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 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 Rs 0.001 per share
Call & Trade Rs 20
Stamp Duty * -
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

Actual Stamp Paper Charges
Advance Deposit

Rs. 500 Advance which will be adjusted against billing (Optional)

Tariff D - Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
AMC

Scheme A: Rs 400,
Scheme B: Rs 500,
Scheme C: Rs 350,
Scheme D: Nil,
Scheme E: Rs 100,
Scheme F: Rs 500,
Scheme H: Rs 1000,
Scheme G: Nil(holding Value <= Rs 50000) or 100(holding Value from Rs 50001 to Rs 200000)or 400(holding Value >Rs 200000)

Scheme A, C, E & H: Free for the 1st Year.
Dematerialisation Charges

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

Rs 50 per certificate or Rs 50 for every hundred securities
Transaction Charges (Credit) -
Transaction Charges (debit)
  1. Scheme A & B: Sales through Sharekhan: Rs 0 Else 0.03% of value of tran(min Rs 30),
  2. Scheme C & D: Sales through Sharekhan Rs 6 Per tran Else 0.03% of value of tran(min Rs 30),
  3. Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min Rs
  4. 29,H:min Rs 30) Else 0.03% of value of tran(min Rs 49),
  5. Scheme F: 0.03% of value of tran(min Rs 30),
  6. Scheme G: 0.03% of value of tran(min Rs 49)
Pledge Creation Charges

0.03 % of the value of the Transaction (Min Rs 100 per transaction)
Pledge Creation Confirmation Charges

Nil
Pledge Invocation Charges

Nil
Failed Instruction Charges

Nil
Other Charges
  1. Freeze /De-freeze - Rs 25 per request
  2. Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum Rs 100)
  3. Client Master changes Rs 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.
Sharekhan Special Offer:

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

Sharekhan User Reviews

Post New Message
0  Comments
Discount Brokers
Full Service Brokers
BROKER COMPARISION
Articles & Blogs
Open an Instant Account with Zerodha