All equity delivery investments (NSE, BSE), are absolutely free — ₹ 0 brokerage.
Flat ₹ 20 or 0.03% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades. Flat ₹20 on all option trades.
All direct mutual fund investments are absolutely free — ₹ 0 commissions & DP charges.
| Currency futures | Currency options | |
|---|---|---|
| Brokerage | 0.03% or ₹ 20/executed order whichever is lower | ₹ 20/executed order |
| STT/CTT | No STT | No STT |
| Transaction charges | NSE: Exchange txn charge: 0.0009% BSE: Exchange txn charge: 0.0009% | NSE: Exchange txn charge: 0.035% BSE: Exchange txn charge: 0.001% |
| GST | 18% on (brokerage + SEBI charges + transaction charges) | 18% on (brokerage + SEBI charges + transaction charges) |
| SEBI charges | ₹10 / crore | ₹10 / crore |
| Stamp charges | 0.0001% or ₹10 / crore on buy side | 0.0001% or ₹10 / crore on buy side |
| Commodity futures | Commodity options | |
|---|---|---|
| Brokerage | 0.03% or Rs. 20/executed order whichever is lower | ₹ 20/executed order |
| STT/CTT | 0.01% on sell side (Non-Agri) | 0.05% on sell side |
| Transaction charges | Group A Exchange txn charge: 0.0026% Group B: Exchange txn charge: CASTORSEED - 0.0005% KAPAS - 0.0026% PEPPER - 0.00005% RBDPMOLEIN - 0.001% | Exchange txn charge: 0.05% |
| GST | 18% on (brokerage + SEBI charges + transaction charges) | 18% on (brokerage + SEBI charges + transaction charges) |
| SEBI charges | Agri: ₹1 / crore Non-agri: ₹10 / crore | ₹10 / crore |
| Stamp charges | 0.002% or ₹200 / crore on buy side | 0.003% or ₹300 / crore on buy side |
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.
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.
Additional charges of ₹50 per order for orders placed through a dealer at Zerodha including auto square off orders.
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
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
Tax levied by the government on the services rendered. 18% of ( brokerage + SEBI charges + transaction charges)
Charged at ₹10 per crore + GST by Securities and Exchange Board of India for regulating the markets.
DP (Depository participant) charges
₹13 + GST per scrip (irrespective of quantity), on the day, is debited from the trading account when stocks are sold. This is charged by the depository (CDSL) and depository participant (Zerodha).
Female demat account holders (as first holder) will enjoy a discount of ₹0.25 per transaction.
Debit transactions of mutual funds & bonds get an additional discount of ₹0.25.
₹30 + GST per pledge request per ISIN.
AMC (Account maintenance charges)
For BSDA demat account: Zero charges if the holding value is less than ₹4,00,000. To learn more about BSDA, Click here
For non-BSDA demat accounts: ₹300/year + 18% GST charged quarterly (90 days). To learn more about AMC, Click here
Corporate action order charges
₹20 plus GST will be charged for OFS / buyback / takeover / delisting orders placed through Console.
Off-market transfer charges
₹25 or 0.03% of the transfer value (whichever is higher).
Physical CMR request
First CMR request is free. ₹20 + ₹100 (courier charge) + 18% GST for subsequent requests.
Payment gateway charges
₹9 + GST (Not levied on transfers done via 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.
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.
| Type of account | Charges |
|---|---|
| Online account | free |
| Offline account | free |
| NRI account (offline only) | ₹ 500 |
| Partnership, LLP, HUF, or Corporate accounts (offline only) | ₹ 500 |
| Service | Billing Frquency | Charges |
|---|---|---|
| Tickertape | Monthly / Annual | Free: 0 | Pro: 249/2399 |
| Smallcase | Per transaction | Buy & Invest More: 100 | SIP: 10 |
| Kite Connect | Monthly | Connect: 2000 | Historical: 2000 |
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All rights reserved.
Zerodha Broking Ltd.: Member of NSE, BSE & MCX – SEBI Registration no.: INZ000031633 CDSL/NSDL: Depository services through Zerodha Broking Ltd. – SEBI Registration no.: IN-DP-431-2019 Commodity Trading through Zerodha Commodities Pvt. Ltd. MCX: 46025; NSE-50001 – SEBI Registration no.: INZ000038238 Registered Address: Zerodha Broking Ltd., #153/154, 4th Cross, Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bengaluru - 560078, Karnataka, India. For any complaints pertaining to securities broking please write to [email protected] , for DP related to [email protected] . Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI | ICF
Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances
Investments in securities market are subject to market risks; read all the related documents carefully before investing.
Attention investors: 1) Stock brokers can accept securities as margins from clients only by way of pledge in the depository system w.e.f September 01, 2020. 2) Update your e-mail and phone number with your stock broker / depository participant and receive OTP directly from depository on your e-mail and/or mobile number to create pledge. 3) Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.