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Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.
Verified April 2026
Zerodha Brokerage Charges 2026 — What the Numbers Mean
₹0 equity delivery • ₹20 flat intraday & F&O • ₹300/yr AMC • India's most trusted discount broker since 2010

Zerodha follows a simple flat-fee pricing model that has not changed since it launched in 2010: ₹0 brokerage on equity delivery and a flat ₹20 per executed order on all other segments — intraday, futures, options, currency, and commodity — regardless of trade size. Whether you trade ₹1,000 or ₹10 lakh in a single order, the brokerage is capped at ₹20.

The charge table above shows the raw numbers from Zerodha's official pricing. This guide explains what each charge actually means, which ones you can avoid, and how Zerodha's pricing compares to the nearest alternatives.

What Each Key Charge Means for You
Brokerage — ₹0 Delivery / ₹20 Everything Else

Zerodha charges zero brokerage on equity delivery (CNC) trades — meaning if you buy shares and hold them overnight or longer, you pay no commission to Zerodha. This is the charge that made Zerodha famous. For intraday, F&O, currency, and commodity trades, the brokerage is a flat ₹20 per executed order — or 0.03% of trade value, whichever is lower. If your order is not executed (cancelled or rejected), no brokerage is charged.

Demat AMC — ₹300/year (₹75 per quarter)

The Annual Maintenance Charge (AMC) of ₹300/year + 18% GST is for maintaining your demat account where your shares are held electronically. It is charged quarterly at ₹75 + GST (~₹88.50 per quarter) and auto-debited from your trading account. The trading account itself has no AMC. If your holdings are below ₹4 lakh, you may qualify for a BSDA (Basic Services Demat Account) with lower charges — check with Zerodha support.

DP Charge — ₹15.34 + GST on Every Sell Transaction

The DP (Depository Participant) charge is the most misunderstood charge. Every time you sell delivery shares from your demat account, ₹15.34 including GST is debited — even though your delivery brokerage is ₹0. This is not Zerodha's brokerage; it is the fee charged by CDSL (the depository) for electronically debiting shares from your account. It applies per ISIN (stock) per day — so if you sell 3 different stocks on the same day, you pay ₹15.34 x 3. This is unavoidable at all brokers, though the amount differs (Dhan: ₹12.5+GST, Groww: ₹20+GST).

STT — A Government Tax You Cannot Avoid (Budget 2026 Updated)

Securities Transaction Tax (STT) is charged by the central government on every trade — 0.1% on both buy and sell for delivery, 0.025% on sell for intraday. From April 1, 2026 (Budget 2026), STT on futures increased to 0.05% sell and options STT increased to 0.15% sell on premium. STT is identical at every broker in India — Zerodha, Groww, ICICI Direct, all pay the same rate. On a ₹1 lakh delivery buy, STT alone is ₹100. It is often larger than brokerage.

Zerodha Account Opening & AMC Charges

Zerodha charges ₹0 Free for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. ₹300+GST = ₹354/yr 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 Zerodha to maintain your account.

Name Details
Trading Account Opening Fee ₹0 Free
Demat Account Opening Fee ₹0 Free
Demat Account AMC ₹300+GST = ₹354/yr
Trading Account AMC ₹0 Free
Zerodha Brokerage Charges

Please find below Zerodha Brokerage charges in their basic Plan. Zerodha provides delivery trade at Rs 0 (Free), Intraday Trade at Rs 20 per executed order or .03% whichever is lower, Equity Future Trade at Rs 20 per executed order or .03% whichever is lower, and Equity Option Trade at Rs 20 per executed order.

Plan Name Standard Plan
Equity Delivery Rs 0 (Free)
Equity Intraday Rs 20 per executed order or .03% whichever is lower
Equity Future Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 20 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower
Currency Options ₹ 20/executed order
Monthly Fee -
Margin Trading 0.3% or Rs. 20/executed order, whichever is lower
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options ₹ 20/executed order
Zerodha Other Charges

A lot of other Charges are getting levied other than brokerage by Zerodha 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 0.03% in Intraday and F&O
Call & Trade ₹50/order
Stamp Duty * Delivery: 0.015%, Intraday: 0.003%,
DP Charges (on sell side) ₹15.34/scrip
Other Miscellaneous Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Zerodha Demat Account Charges

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

Name Details
Depository Service Provider CDSL
Account Opening Fee

Rs 50 (Stamp charges payable upfront)
Advance Deposit

Rs 0
AMC ₹300/yr
Dematerialisation Charges

Rs 150 per certificate (+ Rs 100 Courier charges)
Rematerialisation Charges

Rs 150 per certificate + CDSL charges + Rs 100 Courier charges
Transaction Charges (Credit) -
Transaction Charges (debit) Rs 8 + Rs 5.5 (CDSL charges)
Pledge Creation Charges

Rs 30 per request + GST
Pledge Creation Confirmation Charges

Rs 0
Pledge Invocation Charges

Rs 20
Failed Instruction Charges

Rs 50 per ISIN
Other Charges
  • Cheque Bounce: Rs 350
  • Physical Statement - Rs 50 (+Courier charges at actual)
  • Modification in CML - Rs 25 per request
  • KRA Upload / Download - Rs 50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.
How Zerodha Compares on Key Charges
Charge Zerodha Groww Angel One Dhan
Delivery ₹0 ₹20 or 0.1% ₹0 ₹0
Intraday / F&O ₹20 ₹20 ₹20 ₹20
Demat AMC ₹300/yr ₹0 ₹0 yr1 ₹0 lifetime
DP Charge (sell) ₹15.34+GST ₹20+GST ₹20+GST ₹12.5+GST

Zerodha's AMC of ₹300/yr is its main cost disadvantage vs Groww and Dhan. On the flip side, Zerodha's platform (Kite), ecosystem (Coin, Console, Varsity), and reliability remain unmatched. Compare all brokers side-by-side →

Disclaimer: Charges verified from zerodha.com/charges as of April 2026. STT and statutory charges change with government/exchange policy. We may earn affiliate commissions from account opening links. Not investment advice.

Zerodha Special Offer:

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

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