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SAMCO Brokerage Charges, Fees, AMC, Transaction Charges 2024


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SAMCO Account Opening Enquiry

Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

SAMCO is a low-cost online discount broker with a simple pricing model that offers online trading and investment services across Equity, F&O, Commodity, Currency, IPO, mini portfolios, and Mutual Funds. The broker has a standard brokerage plan for all its customers. SAMCO also offers research and recommendations and margin against shares.

SAMCO is well-known for its ultra-low brokerage charges. SAMCO offers 100% brokerage cashback for the first month as a welcome bonus. The maximum brokerage charged by SAMCO is Rs 20 per order to trade across any segment. In addition to the brokerage, an investor also needs to pay various other transaction and regulatory charges, Demat charges over and above the brokerage.

SAMCO also has an online brokerage calculator that helps calculate the brokerage charges and other trading costs like STT, Stamp Duty, SEBI Turnover Fees, Exchange Transaction Charges, and GST. SAMCO brokerage calculator also helps to calculate the points to break even and compare SAMCO costs with a traditional broker.

SAMCO Account Charges

SAMCO offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with SAMCO. SAMCO fee structure and trading commission rates are explained as below.

To open SAMCO account you have to pay account opening charges and annual maintenance charges (AMC).

SAMCO Account Open Charges | SAMCO AMC 2024

TransactionFee
Trading Account Opening Charges (One Time)Rs 0 (Free)
Trading Annual Maintenance Charges AMC (Yearly Fee)Rs 0 (Free)
Demat Account Opening Charges (One Time)Rs 0 (Free)
Demat Account Annual Maintenance Charges AMC (Yearly Fee)Rs 400

SAMCO Brokerage Charges 2024

Customer pays a commission (brokerage) when buying or selling stocks through SAMCO. The brokerage charges for equity, commodities and currency derivative trading for SAMCO are explained as below.

SAMCO Standard

SegmentBrokerage Fee
Monthly Fee (Fixed)NA
Equity DeliveryRs 20 per trade or 0.50% (whichever is lower)
Equity IntradayRs 20 per trade or 0.05% (whichever is lower)
Equity FuturesRs 20 per trade or 0.05% (whichever is lower)
Equity OptionsRs 20 per trade
Currency FuturesRs 20 per trade or 0.05% (whichever is lower)
Currency OptionsRs 20 per trade
Commodity FuturesRs 20 per trade or 0.05% (whichever is lower)
Commodity Options

SAMCO Demat Account Charges 2024

The Demat account transactions are charged separately from the trading commission. Find SAMCO Demat account charges 2024.

SAMCO Demat Charges

SAMCO trading and demat account opening fees are Rs 0 (Free). SAMCO charges Rs 400 per year demat account AMC. SAMCO demat debit transaction fee of

₹10 per transaction in same DP & 0.02% per transaction or ₹25 whichever is higher for other DP

per debit transaction.

ID Transaction Charges
1 Demat Account Opening Charges Rs 0 (Free)
2 Transaction Charges (Buy)
3 Transaction Charges (Sell)

₹10 per transaction in same DP & 0.02% per transaction or ₹25 whichever is higher for other DP

4 Annual Maintenance Charges (AMC)

₹400 for Individual. ₹800 for Corporate.

5 Demat + Courier charges

₹10 per Certificate plus Courier Charges ₹50 per request

6 Remat

Actual CDSL charges plus Courier charges ₹50 per request.

7 Pledge Creation

₹60 per ISIN

8 Pledge Creation Confirmation

Nil

9 Pledge Invocation

₹60 per ISIN

10 Failed Transactions

Nil

11 Other Charges

SAMCO Transaction Charges (Exchange Turnover Charge)

A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .

SAMCO Transaction Charges 2024

SegmentTransaction Fee
Equity DeliveryNSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side)
Equity IntradayNSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side)
Equity FuturesNSE Rs 200 per Cr (0.002%) | BSE Rs 100 per Cr (0.001%)
Equity OptionsNSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium)
Currency FuturesNSE Rs 90 per Cr (0.0009%)
Currency OptionsNSE Rs 3500 per Cr (0.035%) (on premium)
CommodityNon-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore

SAMCO Trading Taxes

SAMCO charges government taxes and fees in addition to the brokerage. These SAMCO trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the SAMCO tax calculation.

SAMCO Tax on Trading

Tax SAMCORates

Securities Transaction Tax (STT)

  • Equity Delivery: 0.1% on both Buy and Sell
  • Equity Intraday: 0.025% on the Sell Side
  • Equity Futures: 0.01% on Sell Side
  • Equity Options: 0.05% on Sell Side(on Premium)
  • Commodity Futures: 0.01% on sell side (Non-Agri)
  • Commodity Options: 0.05% on sell side
  • Currency F&O: No STT
  • On Exercise transaction: 0.125%
  • Right to entitlement: 0.05% on sell side

Exchange Transaction Charges

Refer table above

GST

18% on (Brokerage + Transaction Charge + SEBI Fee)

SEBI Charges

0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per crore)

Stamp Duty

(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.

Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)

SAMCO Special Offer

Free Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year

  • Free Account Opening
  • 100% free brokerage for 1st month
  • Free Demat AMC for 1st Year
  • Pay flat Rs 20 for Equity Delivery, Intra-day and F&O Trades.

It is a limited-time offer. Open Instant Account online and start trading the same day.

SAMCO Account Opening Enquiry

Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

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Information on this page was last updated on Wednesday, November 29, 2023

Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

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