Zerodha
Type
Discount Broker
Equity
✔
Commodity
✔
Futures
✔
Options
✔
Currency
✔
Pricing
Account Opening Charges
| Type of Account | Charges |
|---|---|
| Online Account (Equity + Commodity) |
FREE |
| Offline Account | FREE |
| NRI Account (Offline Only) | ₹500 |
| Partnership, LLP, HUF, or Corporate Accounts (Offline Only) | ₹500 |
Account Maintenance Charge (AMC)
The AMC for a Basic Services Demat Account (BSDA) account is charged based on the value of the holdings and is as follows:
| Holding Value | Quarterly Charges |
|---|---|
| Up to ₹4,00,000 | ₹0 |
| ₹4,00,000 to ₹10,00,000 | ₹25 + 18% GST |
| Above ₹10,00,000 | ₹75 + 18% GST |
The AMC for a non-BSDA account at Zerodha are as follows:
| Type of Account | Quarterly Charges |
|---|---|
| Individual, HUF, and partnership firms | ₹75 + 18% GST |
| NRI | ₹125 + 18% GST |
| Corporates, i.e. LLPs and private & public companies | ₹250 + 18% GST |
| IL&FS demat (accounts opened before 15th Sep 2015) | ₹100 + 18% GST |
To learn more about BSDA, see What
is a Basic Services Demat Account (BSDA) and how can one be
opened at Zerodha?
* AMC is charged quarterly, i.e., every 91 days starting from the account opening date, and
is
deducted from the Zerodha account. These charges are reflected in the funds statement, which
can
be
accessed at console.zerodha.com/funds/statement.
| Type | Charges (Brokerage) |
|---|---|
| Equity Delivery | ₹0 |
| Intraday | 0.03% on Executed Order Value or Flat ₹20 (whichever is lower) |
| F&O - Futures Trades | 0.03% on Executed Order Value or Flat ₹20 (whichever is lower) |
| F&O - Options Trades | Flat ₹20 Per Executed Order |
| Direct Mutual Fund Investments | ₹0 |
Other Important Charges
Securities/Commodities transaction tax
Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides
when trading equity delivery. Charged only on selling side when trading intraday or on F&O.
When trading at Zerodha, STT/CTT can be a lot more than the brokerage we charge. Important to keep a
tab.
Transaction/Turnover Charges
Charged by exchanges (NSE, BSE, MCX) on the value of your transactions.
BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to ₹10,000 per crore w.e.f
01.01.2016. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017)
BSE has revised transaction charges in SS and ST groups to ₹1,00,000 per crore of gross turnover.
BSE has revised transaction charges for group A, B and other non exclusive scrips (non-exclusive
scrips from group E, F, FC, G, GC, W, T) at ₹375 per crore of turnover on flat rate basis w.e.f.
December 1, 2022.
BSE has revised transaction charges in M, MT, TS and MS groups to ₹275 per crore of gross turnover.
Call & Trade
Additional charges of ₹50 per order for orders placed through a dealer at Zerodha including auto square off orders.
Stamp charges
Stamp charges by the Government of India as per the Indian Stamp Act of 1899 for transacting in instruments on the stock exchanges and depositories.
NRI Brokerage Charges
• ₹100 per order for futures and options.
• For a non-PIS account, 0.5% or ₹100 per executed order for equity (whichever is lower).
• For a PIS account, 0.5% or ₹200 per executed order for equity (whichever is lower).
• ₹500 + GST as yearly account maintenance charges (AMC) charges.
Account With Debit Balance
• If the account is in debit balance, any order placed will be charged ₹40 per executed order instead of ₹20 per executed order.
Charges for Investor's Protection Fund Trust (IPFT) by NSE
• Equity and Futures - ₹10 per crore + GST of the traded value.
• Options - ₹50 per crore + GST traded value (premium value).
• Currency - ₹0.05 per lakh + GST of turnover for Futures and ₹2 per lakh + GST of premium for
Options.
Margin Trading Facility (MTF)
• MTF Interest: 0.04% per day (₹40 per lakh) on the funded amount. The interest is applied from T+1
day until the day MTF stocks are sold.
• MTF Brokerage: 0.03% or Rs. 20/executed order, whichever is lower.
• MTF pledge charge: ₹30 + GST per pledge request per ISIN.
GST
Tax levied by the government on the services rendered. 18% of ( brokerage + SEBI charges + transaction charges)
SEBI Charges
Charged at ₹10 per crore + GST by Securities and Exchange Board of India for regulating the markets.
DP (Depository participant) Charges
₹15.34 per scrip (₹3.5 CDSL fee + ₹9.5 Zerodha fee + ₹2.34 GST) is charged on the trading account
ledger when stocks are sold, irrespective of quantity [For Equity Delivery only].
Female demat account holders (as first holder) will enjoy a discount of ₹0.25 per transaction on the
CDSL fee.
Debit transactions of mutual funds & bonds get an additional discount of ₹0.25 on the CDSL fee.
Pledging Charges
₹30 + GST per pledge request.
Corporate Action Order Charges
₹20 plus GST will be charged for OFS / buyback / takeover / delisting orders placed through Console.
Off-market Transfer Charges
₹25 per transaction.
Physical CMR Request
• First CMR request is free. ₹20 + ₹100 (courier charge) + 18% GST for subsequent requests.
Payment Gateway Charges:
Fund transfer via UPI is free.
₹9 + GST levied on fund transfers done via other than UPI.
Delayed Payment Charges:
Interest is levied at 18% a year or 0.05% per day on the debit balance in your trading account. Learn more
Trading using 3-in-1 account with block functionality
• Delivery & MTF Brokerage: 0.5% per executed order.
• Intraday Brokerage: 0.05% per executed order.
Disclaimer
For Delivery based trades, a minimum of ₹0.01 will be charged per contract note. Clients who opt to receive physical contract notes will be charged ₹20 per contract note plus courier charges. Brokerage will not exceed the rates specified by SEBI and the exchanges. All statutory and regulatory charges will be levied at actuals. Brokerage is also charged on expired, exercised, and assigned options contracts. Free investments are available only for our retail individual clients. Companies, Partnerships, Trusts, and HUFs need to pay 0.1% or ₹20 (whichever is less) as delivery brokerage. A brokerage of 0.25% of the contract value will be charged for contracts where physical delivery happens. For netted off positions in physically settled contracts, a brokerage of 0.1% will be charged.
Trading Platforms
| Platforms | Purpose | |
|---|---|---|
 |
Kite Mobile Kite Web |
Trade in Equity for Delivery or Intraday, Trade in Equity Futures & Equity Options |
 |
Console |
The central dashboard for your Zerodha account. Daily P&L insights
into your trades and investments with in-depth reports and
visualizations. Detailed report of each trade that helps to file income tax |
 |
Sentinel |
The price alert engine. You can create alerts based on parameters such as price, volume, open interest, and more. All on the cloud, so even if your device not connected to a trading app, you will get the alerts. |
 |
Coin Mobile Coin Web |
Invest in Direct Mutual Funds, Invest in Government Securities (G-Secs), Invest in Corporate Bonds, Invest in ETF & SGB |
Other Platforms
| Platforms | Purpose |
|---|---|
| Versity | Free stock market lessons for traders and investors |
| Sensibull | Strategy Builder, Virtual Portfolios, Free Option Chain, Open Interest, Free Market Analysis, Positions Analysis, and much more. |
| Streak | Streak lets you plan and manage your trades without coding, on the go. We have made systematic trading, accessible and affordable to all. |
| smallcase | A smallcase is a basket of stocks that reflects an idea. |
| GoldenPi | Invest in high rated Bonds & NCDs from |
| Ditto | Ditto helps you make better decisions when buying insurance. |
| Kite Connect API | Build powerful trading platforms and experiences with our super simple HTTP/JSON APIs. |
Brokerage calculator
Delivery Equity
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* ₹13 + 18% GST per scrip (irrespective of quantity) is charged by Depository (CDSL) and Depository Participant (Zerodha) on the day of sale of stock.
* Exchange transaction charges may vary depending on the category of the stock.
Intraday Equity
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F&O Futures
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F&O Options
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