Account Opening charges
Charges for opening an account w.e.f. May 01, 2001, stand at Rs. 700/-. This is inclusive of legal documentation charges.
Brokerage
Brokerage will be charged at the rate of the higher of 0.5% of the transaction value or Rs. 25/-. In case of a square-off, brokerage will be charged at the rate of 0.15% of the transaction value on each leg subject to a minimum of Rs. 7.50 on each leg of the transaction.
For. e.g.
* If you buy 100 shares of HLL @ Rs. 190, brokerage charged will be Rs. 95/- (0.5% of 19000)
* If you buy 10 shares of Castrol @ Rs. 180, the brokerage charged will be Rs. 25/-
* If you buy 100 shares of HLL @ Rs. 190 and sell 100 shares of HLL @ Rs. 200 in the same settlement, brokerage will be charged @ 0.15% of 19000 + 0.15% of 20000 = Rs. 58.50
* If you buy 10 shares of Castrol @ Rs. 180 and sell 10 shares of Castrol @ Rs 175 in the same settlement, brokerage will be charged @ 7.5 +7.5 = Rs 15/- |