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Overview Overall

"Sharekhan is one of the pioneers of online trading in India. It offers a broad range of financial products and services including securities brokerage, mutual fund distribution, loan against shares, ESOP financing, IPO financing and wealth management"

  • Brokerage & Other Charges
  • Mobile Trading
  • Research
  • Customer Services
Check reviews of other Share brokers

Why Sharekhan?

    •  Pan India Presence over 170 branches & 2300+ Franchise partners.
    •  DP transaction facility is available without any cost.
    •  Sharekhan allows fixed deposit as collateral for Future & Options.
    •  At Sherkhan you can Trade through call & trade service.
    •  Provide you scope to widen your portfolio by investing in Equities, IPO, Mutual Funds, ETFs, Commodities, F&O


    •  Free call and trade facility.
    •  Huge Branch & Partner network
    •  User-friendly website and easy to use trading platform
    •  Registered with both the exchanges - BSE and NSE.
    •  Provides you with the opportunity of commodity trading.
    •  The fixed deposit can be used as collateral for future and option trading.
    •  Sharekhan doesn't charge for DP transactions.
    • Sharekhan offers online and classroom training, seminars and workshops to investors. 
    • No charges for Online funds transfer .
    •  Provides services of dedicated Relationship Managers.

Needs Improvement

    •  Offer only 2-in-1 account.
    •  Shraekhan charges comparatively high brokerage.
    •  Minimum brokerage of 10 paisa is being charged per stock basis.
    •  Trading after market hours is not allowed.
    •  Classic account holders cannot trade commodities.
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.
Overview :
Sharekhan Review  
Year of Incorporation 2000
Products Investment banking, institutional broking
Demat Services Yes
Active Exchange Memberships NSE, BSE, MCX, NCDEX
Website http://www.sharekhan.com
Contact Details 022-61150000
Total Number of Clients 665,129
Total Number of Branches 2800

Shrekhan is one of the largest full-service sharebrokers in the industry and has a massive customer base of approx 16 Lakh+ with a strong geographical presence all over the country. It has 2400 offices & franchisees in over 575 cities across India.

Shrekhan is registered at SEBI and has membership in NSE, BSE, MCX, and NCDEX. Customers of Sherkhan can diversify their portfolio to a great extent as it allows them to invest in equity, derivative, currency, commodity, Mutual Funds, IPOs, Bonds, and many more products.

Along with providing its service to Indians, it provides a 2-in-1 account service to NRIs as well. Also, it has very efficient customer service and offers a technologically advanced trading platform.

Shrekhan was founded in 2000 By the SSKI Group, and in 2016 it becomes the wholly-owned subsidiary of BPN Paribas which is the European Bank. It has captured around 6% of the retail broking Market share by considering and fulfilling the demand of the customer. They provide the best online trading platform across the channel and offer multiple accounts to cater to the diversified need of the clients.

Sharekhan Affiliation Details

  1. CIN
    • ShareKhan Ltd.: U99999MH1995PLC087498
    • Sharekhan Commodities Pvt Ltd: U67120MH2000PTC127261
    • Sharekhan Financial Services Pvt Ltd: U65920MH2004PTC149518
    • Sharekhan.Com India Pvt Ltd: U80904MH2000PTC126954
    • Sharekhan Insurance Broking Ltd: U67120MH2000PLC127257
  2. Sharekhan Limited NSE Member ID:
    • Capital Market (CM) - INB 231073330
    • Future & Options (F&O) - INF 231073330
    • Currency Derivatives (CDS) - INE 231073330
  3. Sharekhan Limited BSE Member ID:
    • Capital Market (CM) - INB 011073351
    • Future & Options (F&O) - INF 011073351
  4. Sharekhan Commodities Pvt. Ltd. Commodity Exchange membership ID:
    • MCX-10080 ; (MCX/TCM/CORP/0425)
    • NCDEX-00132 ; (NCDEX/TCM/CORP/0142)
    • NCDEX SPOT-NCDEXSPOT/116/CO/11/20626
    • DP :
      • NSDL-IN-DP-NSDL-233-2003
      • CDSL-IN-DP-CDSL-271-2004
  5. PMS-INP000000662
  6. Mutual Fund-ARN 20669
  7. Research Analyst: INH000000370

Customer's Service options offered by Sharekhan

  Sharekhan offers multiple communication channels to its clients for using the customers' service

  1. Phone Number :
    • Customer Support:
      • 1-800-22-7500 (Toll-Free)
      • 0226115 1111 / 39707500 (Local Charge)
    • Call & trade:
      • 1-800-22-7500 (Toll-Free)
      • 39707600 (Local Charge)
  2. Email Support: [email protected]

  3. Registered Office :
    Lodha iThink Techno Campus, 10th Floor, Beta Building,
    Off. JVLR, Opp. Kanjurmarg Station,
    Kanjurmarg (East), Mumbai - 400 042.

Active Client Details Of Sharekhan

  • 6.65 Lacs+ clients

Sharekhan Account Opening & AMC Charges

Trading Account / Demat opening is the one-time fee that Sharekhan charges while initiating your account opening process. Trading /Demat AMC (Annual maintenance Charges) is an annual fee charged by Sharekhan to maintain your account, this is an annual charge and deduct from your account even if you haven't traded for a year.

Type Account Opening (One Time) Annual Maintenance Fees (Yearly)
Trading Account NiL NIL
Demat Account NIL ₹400 (Free for 1st year)

Sharekhan Equity Delivery | Intraday Brokerage & Other Charges

Charges Equity Delivery Equity Intraday
Brokerage (Classic) 0.50%(buy and sell-side) 0.10%(buy and sell-side)
Brokerage (Postpaid) 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 0.015% 0.03%

Sharekhan F&O Brokerage & Other 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 the premium (whichever is higher)
Brokerage (Postpaid) 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 0.002% 0.003%

Sharekhan Currency Brokerage & other 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]
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 0.0001% 0.0001%

Sharekhan Margin Exposure, Leverage for Intraday and F&O

Trade Type Margin
Equity _Intraday Up to 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

The Final Thoughts about Sharekhan

Sharekhan is one of the best full-service brokers in the Indian broking industry with a wide presence all over India as well as out of India, especially in the Arab country. It is the broker who is preferable for the newbies as they understand the requirements of new traders and provide them with all the facilities. They curate their service accordingly and offer them free and paid Trading courses and tutorials. Along with this, they provide a dedicated representative with help in solving all their doubts related to the Share market, instantly.

Though they have some great services, they charge high brokerage, and with the entry of new discount brokers, it is becoming difficult to retain the more significant chunk of traders. The industry is moving towards flat rates and discount brokers, and therefore they are struggling hard and have to be exclusive each day to be in the business.

As far as the brokerage goes, it is a costly deal for casual investors and day traders, because they will fall either in the higher bucket of brokerage or constraint of minimum brokerage.

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.

Sharekhan User Reviews

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