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ShareKhan Brokerage, Other Charges, Leverage & Margin

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 Post-paid Plan: Under the post paid plan you need to deposit a certain amount of margin money into your account with Sharekhan in advance:

Margin
Scheme
Cash Leg 1 Cash Leg 2 Delivery Future
Leg 1
Future Leg 2
Same day
Future
Next Day
Option
25,000 0.10 0.10 0.50 0.10 0.02 0.10 Higher of 2.5% of Premium or Rs.100
30,000 0.10 0.00 0.50 0.10 0.00 0.10 Higher of 2.5% of Premium or Rs.100
40,000 0.09 0.00 0.45 0.09 0.00 0.09 Higher of 2.5% of Premium or Rs.95
50,000 0.07 0.00 0.40 0.07 0.00 0.07 Higher of 2.5% of Premium or Rs.80
1,00,000 0.05 0.00 0.25 0.05 0.00 0.05 Higher of 2.5% of Premium or Rs.70
3,00,000 0.04 0.00 0.20 0.04 0.00 0.04 Higher of 2.5% of Premium or Rs.50
5,00,000 0.03 0.00 0.18 0.03 0.00 0.03 Higher of 0.75% of Premium or Rs.40
10,00,000 0.02 0.00 0.15 0.02 0.00 0.02 Higher of 0.60% of Premium or Rs.30
20,00,000 0.02 0.00 0.10 0.02 0.00 0.02 Higher of 0.55% of Premium or Rs.25

Sharekhan Pre-Paid Plans : Another plan offer by Sherkhan is a Pre-paid plan in which you have to pay in advance for getting a better brokerage rate. This plan is available for two duration which is 6 months and 1 year. I which plan more you pay in advance less percentage of brokerage you will get:

Amount
Rs.
Period Cash Leg1 Cash Leg2 Delivery Future Leg 1 Future Leg 2 same Day Future Next Day Option Intraday
Transaction
Delivery
Transaction
Default   0.10 0.10 0.50 0.10 0.02 0.10 Higher of 2.5% of premium or Rs 100    
750 6 Months 0.10 0.00 0.50 0.10 0.00 0.10 Higher of 2.5% of premium or Rs 100 7,50,000  1,50,000 
1000 6 Months 0.09 0.00 0.45 0.09 0.00 0.09 Higher of 2.5% of premium or Rs 95 11,11,111  2,22,222 
2000 Annual 0.07 0.00 0.40 0.07 0.00 0.07 Higher of 1.5% of premium or Rs 80 28,57,143  5,00,000 
6000 Annual 0.05 0.00 0.25 0.05 0.00 0.05 Higher of 1% of premium or Rs 70 1,20,00,000  24,00,000 
18000 Annual 0.04 0.00 0.20 0.04 0.00 0.04 Higher of 1% of premium or Rs 50 4,50,00,000  90,00,000 
30000 Annual 0.03 0.00 0.18 0.03 0.00 0.03 Higher of 0.75% of premium or Rs 40 10,00,00,000  1,66,66,667 
60000 Annual 0.02 0.00 0.15 0.02 0.00 0.02 Higher of 0.50% of premium or Rs 30 30,00,00,000  4,00,00,000 
1,00,000 Annual 0.02 0.00 0.10 0.02 0.00 0.02 Higher of 0.55% of premium or Rs 25 66,66,66,667  10,00,00,000 
2,00,000 Annual 0.01 0.01 0.08 0.01 0.01 0.01 Flat Rs 10 2,00,00,00,000  25,00,00,000 

ShareKhan Equity Trading Charges

Charges Equity Delivery Equity Intraday
Brokerage (Classic) 0.50%(buy and sell side) 0.10%(buy and sell side)
Brokerage (Post paid) 0.50% to 0.10% [depending on the margin Scheme] 0.10% to 0.02% [depending on the margin Scheme]
Pre-paid Brokerage Plan 0.50% to 0.08% [depending on Pre-paid Value] 0.10% to 0.01% [depending on Pre-paid Value]
STT 0.1% ON BOTH Buy & Sell 0.025% On the Sell side
Transaction / Turnover charges NSE : 0.00310% | BSE 0.00280% NSE : 0.00350%, BSE ₹ 1.5 each on buy trade & sell trade
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

ShareKhan F&O Trading Charges

Charges Equity Future Equity Options
Brokerage (Classic) 0.1% on 1st leg and square off any other day Rs 100/- per lot or 2.5% on premium (whichever is higher)
Brokerage (Post paid) 0.10% to 0.02% [depending on the margin Scheme] Higher of 2.5% of premium or Rs 100 to Higher of 0.55% of premium or Rs 25.
Pre-paid Brokerage Plan 0.10% to 0.01% [depending on Pre-paid Value] Higher of 2.5% of premium or Rs 100 to Flat 10Rs.
STT 0.01% On the Sell side 0.05% On the Sell side (ON PREMIUM)
Transaction / Turnover charges NSE : 0.0018% NSE : 0.0450%|BSE 0.0450% 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

ShareKhan Currency Trading Charges

Charges Currency Future Currency Options
Brokerage (Classic) 0.10% Rs.30/- per lot or 2.5% on premium (whichever is higher)
Brokerage (Post paid) 0.50% to 0.10% [depending on the margin Scheme] 0.10% to 0.02% [depending on the margin Scheme]
Pre-paid Brokerage Plan 0.50% to 0.08% [depending on Pre-paid Value] 0.10% to 0.01% [depending on Pre-paid Value]
STT NA NA
Transaction / Turnover charges NSE: 0.0009% NSE: 0.04% 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

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 Provides Exposure or Leverage to its Clients:

Trade Type Margin
Equity _Intraday Upto 10 Times for Intraday & 5 Times for Delivery(Interest charged)
Equity Future Up to 2 times
Equity Options NA
Currency Future NA
Currency Options NA