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The cost of share trading with Zerodha (Zerodha Brokerage Calculator)

Published on Tuesday, May 29, 2012 by Chittorgarh.com Team | Modified on Saturday, July 6, 2019

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The cost of share trading with Zerodha (Zerodha Brokerage Calculator)

Zerodha is India's largest stock broker offering online discount brokerage services. Zerodha is the cheapest stockbroker providing services in Equity, Commodity and Currency Trading at BSE, NSE and MCX exchanges.

Like other popular stock brokers including ICICI Direct, Sharekhan, Angel Broking etc, Zerodha is a genuine licensed broker registered with SEBI, BSE, NSE, MCX, CDSL and NSDL.

Note: This is an extension article of Zerodha Online Stock Broker Detail.

This article talks about the cost of trading with Zerodha (Zerodha tax per transaction). The below tables provide an exact amount of brokerage and fees you will pay while trading with Zerodha. The example shows the total cost of 2 sample trades performed with Zerodha.

Brokerage, Taxes and Other Charges on Stock / Commodity Exchange Transactions

Before we go ahead with the detail, we would like to discuss the standard charges (or miscellaneous charges) other than brokerage for stock exchange transactions. These charges are common for all the brokers and not specific to Zerodha, except few which are the location (state) based charges.

  1. Brokerage - The commission charged by broker to execute the trades for investor. Brokerage varies from broker to broker and by trading segments.
  2. Securities Transaction Tax (STT) - A tax which is being paid for buying or selling of securities. The STT is various by the transaction type i.e.
    • Equity Delivery - 0.10% 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)
    • Currency Futures - No STT
    • Currency Options - No STT
    • Commodity Futures - 0.01% on Sell Side (Non-Agri)
    • Commodity Options - 0.05% on Sell Side
  3. Transaction / Turnover Charges - Some brokers call it Transaction Charges and others call it Turnover Charges. This tax also varies by the type of transaction i.e. ₹325 per Crore (0.00325%) for stock delivery, intraday & futures trading at NSE and ₹2500 per Crore (0.0025%) on premium of Options trading.
  4. Goods & Service Tax (GST) - GST is charged at 18.00% on total value of brokerage (or commission) and transaction charges. It is applicable for both sale and purchase of the securities where brokerage is paid.
  5. SEBI Charges - 0.00010% (or ₹10 per crore) of the price at which the securities are purchased or sold.
  6. Stamp Charges - Stamp duty is charged under schedule 1 to the Indian stamp act for contracts shared with customer in any format including paper or electronic. The amount charged varies by state from where the broker operates and where you resides.

Please Note:

  • Contract notes are prepared each day.
  • Separate contract notes are sent for different truncation type i.e. one contract note for Equity (delivery+intraday), another contract note for Futures & Options and another for Commodities.
  • All calculations are done up to 4 digits after the decimal points.

Zerodha Enquiry

Below tables shows the detailed calculation of brokerages, fees and taxes charged by Zerodha for various segments including equity delivery, equity intraday, Futures and Options:

Zerodha Equity Delivery Brokerage Example

Charges / Fees / Taxes Rate Example 1 Example 2
Transaction Buy 10 shares of ₹100 Sell 500 shares of ₹1146
Turnover 1000.00 573000.00
Brokerage ₹0 0.00 0.00
Securities Transaction Tax (STT) 0.10% on both Buy and Sell 1.00 573.00
Transaction / Turnover Charges 0.00325% (or 325/crore) 0.03 18.62
GST 18% on (Brokerage + Transaction Charge) 0.01 3.35
SEBI Charges 0.00015% (or ₹15/Crore) 0.00 0.57
Stamp Charges *** ***
Total Charges ₹1.04 ₹595.55

Zerodha Equity Intraday Brokerage Example

Charges / Fees / Taxes Rate Example 1 Example 2
Transaction Buy 10 shares at ₹100 and sell them at ₹115 Buy 500 shares at ₹1140 and sell them at ₹1146
Turnover - Buy 1000.00 570000.00
Turnover - Sell 1150.00 573000.00
Brokerage 0.01% or ₹20/Trade whichever is lower 0.22 40.00
Securities Transaction Tax (STT) 0.025% on the Sell Side 0.29 143.25
Transaction / Turnover Charges (BSE, NSE) 0.00325% (or 325/crore) 0.07 37.15
GST 18% on (Brokerage + Transaction Charge) 0.05 13.89
SEBI Charges 0.0001% (or ₹10/Crore) 0.00 1.14
Stamp Charges *** ***
Total Charges ₹0.63 ₹235.45

Zerodha Equity Futures Brokerage Example

Charges / Fees / Taxes Rate Example 1 Example 2
Transaction Buy 400 shares (1 lot) at ₹1000 and sell them at 1100 Buy NIFTY 1 Lot (75) at 11,800 and sell it at 11,700
Turnover 840000.00 1762500
Brokerage 0.01% or ₹20/Trade whichever is lower 40.00 40.00
Securities Transaction Tax (STT) 0.01% on Sell Side 44.00 88.00
Transaction / Turnover Charges 0.0019% (or 190/crore) 15.96 33.49
GST 18% on (Brokerage + Transaction Charge) 10.07 13.23
SEBI Charges 0.00010% (or ₹10/Crore) 0.84 1.76
Stamp Charges *** ***
Total Charges ₹110.87 ₹176.48

Zerodha Equity Options Brokerage Calculator - An Example

Charges / Fees / Taxes Rate Example 1 Example 2
Transaction Buy 1 lot (50 shares) NIFTY 3100 strike price by paying 80 premium Sell 5 lot (250 shares) NIFTY 3200 strike price by paying 80 premium
Turnover 159000.00 820000.00
Premium 4000.00 20000.00
Brokerage 0.01% or Rs. 20/Trade whichever is lower (on Turnover) 20.00 20.00
Securities Transaction Tax (STT) 0.05% on Sell Side (on Premium) 0.00 10.00
Transaction / Turnover Charges 0.05% (or 5000/crore) (on premium) 2.00 10.00
GST 18% on (Brokerage + Transaction Charge) 3.96 5.40
SEBI Charges 0.00010% (or ₹10/Crore) 0.00 0.02
Stamp Charges *** ***
Total Charges ₹25.96 ₹45.42

How is Zerodha Broker?

If you are a day trader, trade multiple times in a day, we recommend you to try their services once and see the kind of money you can save with them. There may be a learning curve and setup hassles of a couple of weeks but within a month you will see the huge benefits. We have observed saving of 50% to 90% in the brokerage fees investor pays.

Contact Zerodha team to discuss the services offered and how you can get benefited from this.

Read more about Zerodha

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24 Comments

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24. Manish  Mar 1, 2014 16:54 Reply
hello all
i am associated with Zerodha since last 3 months i have very good experience with zerodha specialy low brokerage plans ,i can earn more profit ,customer service is very good , i will suggest to all investor who are trading in Intra day or delivery go ahead with zerodha for earn good profit
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24.1. Imran  Jan 17, 2018 18:37
Can You please share your experience for transfer of fund from saving a/c to Zerodha account or vice versa.. DO U pay any charges for that ? I guess Venctura doesn''t charge for that.. Thanks
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24.2. Raj Dulari  Jan 26, 2018 08:15
I have to open a trading/demet account with you.what are the different charges to be paid or any rebate to new customers
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23. Mamta chand  Dec 22, 2018 12:02 Reply
I was charge havily during my trading with zerodha kite app.
7 time more than they committed
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22. Thomas  Jun 19, 2018 17:37 Reply
What about dp charges here?
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21. pooja doshi  May 25, 2018 16:07 Reply
Is RS 20 per lot or will it be on total number of lots traded. For ex if I am buying 20 lot bank nifty will the brokerage be 20*20 or 1*20?
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20. ASHOK  May 17, 2013 14:23 Reply
For commodity peoples: , stamping charges high, if we add brokerage and stamping charges, then it comes to 0.02% and turnover charges Rs.490 per crore, i think Zerodha is not good.......They say Brokerage as .01%, but totally it comes to .025%. Its my view...anybody can support me....
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20.1. Raghav  Mar 10, 2018 00:32
Totally right they say ita 0.1% or 20rs whichever is lower but they have charged more than that 50+ per day... They are making there investors fool.
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19. Kapil  May 31, 2012 13:31 Reply
Nice detail.

Can anyone who used there services comment on how they are?
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19.1. ashok kohli  Jan 17, 2018 17:44
hi ,
it looks some hidden charges are there, i am using it from 1 year .
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18. INDRAJIT GAIN  Aug 14, 2016 18:23 Reply
plese send me contect no. or address of zerodha in (WEST BENGAL) and Is zerodha provide customer services in Bengali language?
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17. Romi keshari  Apr 25, 2016 20:33 Reply
Which is better? Zerodha or Ventura

Ventura offers brokerage of 0.10 paisa/share for delivery and 0.01 paisa for intra day.(with Rs 5000 refundable deposit plan)

Zerodha take DP charges /sold delivery. Does Ventura take DP charges too?

Ventura Doesn't take AMC.

Zerodha takes Rs 9 + service tax for money transferred from saving bank account.

Does Ventura take the same?

Whose after sales service is good?

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16. Prashanth  Jan 28, 2016 16:16 Reply
Can I buy IPO''s from your website?
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16.1. Vikram  Jan 31, 2016 08:39
Sorry, Zerodha doesn''t offer investing in IPO, FPO, OFS etc.

As of now Zerodha do not offer investing in Mutual Funds too but they are about the launch this option.
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15. baby joseph  Dec 21, 2014 20:52 Reply
zderodha need to reduce the option brokerage since the nifty lot reduced to 25 and brokerge not even reduce to rs 10 from existing 20 rs. when nifty advance Rs.1 you can not get any profit becaof brokerge and other service charge to rs 25/.
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14. P.V. Subramanian  Jan 27, 2014 11:41 Reply
Without taking into calculation the charges for demat account, we cannot compare Zerodha with icici or SBI. I would like to have an example inclusive of demat charges
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13. AJIT  Apr 30, 2013 07:52 Reply
i WOULD LIKE TO KNOW IF ZERODHA IS HAVING OFFICE IN MUMBAI.
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12. Ashutosh  Apr 24, 2013 16:49 Reply
Hi

Currently I am associated with Fullerton securities since 5 years. Now Fullerton is closing its operations and asked their customers to either shift to Edelweiss or open a new Demat a/c for transfer of stocks. Kindly recommend me which AMC will be best for me.

Fullerton is providing me both online and offline facility to me. I am more comfortable with online but need both. I intending to shift to reliable and trustworthy AMC with excellant customer support. I have to take my decision before 10th May as Fullerton is closing its operations on 23rd May 2013.

I really appreciate your honest and sincere recommendation on the same.

Thanks & Regards


Ashutosh Jain
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11. noorulla  Mar 20, 2013 19:26 Reply
hi
i wanted to open a account in zerodha currently i had a account in reliance capital what is the procedure to open the account and another thing what is charging platform for sell and buy please send me the details to my email id
thanks
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10. Pawan  Jan 25, 2013 22:36 Reply
i am holding zerodha account ... all other delivery) and contract note says rs 1.0 stamp charge which is too much.
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9. suman kumar jha  Jan 14, 2013 10:33 Reply
i want to know stamp duty and demat account charge for trade in commodity with zerodha.
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8. DEVADOSS E  Oct 27, 2012 15:50 Reply
Dear Zerodha !

Currently, I am using the Edelweiss platform for trading. I hold more than 20 scrips ( mostly on the negative side ) valued @ Rs 12.8 lakhs / Rs 14.5 lakhs invested ! Of these he major chunk is with Tata Motors ( 1430 shares @ Rs 286.2 ) , Tata Steel ( 375 shares @ Rs 470.4) , Bank of Baroda ( 100 shares @Rs 852.5) and PNB ( 100 shares @ Rs 1024.5 ) . I would like to transfer them to your platform at the earliest ! Will you pl let me know how do I go ahead. I would like to apply for membership ONLINE .

Kindly send a copy of your kind response to my Inbox at " devadossvanaja@gmail.com "

Devadoss E
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7. karan  Oct 27, 2012 13:18 Reply
Charges for Failed Transaction is Rs. 50.
What is that?
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6. Chittorgarh.com Team  Oct 24, 2012 12:34 Reply
Hello Jayanta,

1. The detail of Zerodha Stamp Changes is provided in point number 8 "*** Stamp Charges" above.

2. You can find Zerodha Demat related charges at:

https://www.chittorgarh.com/article/zerodha_vs_compositedge_brokerage_fee_comparision/6/

Hope this will help.
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5. Jayanta  Oct 19, 2012 23:11 Reply
very useful. but the spaces for stamp charges are blank. what is the charge? also pls tell me whether there are any other charges related to de-materialisation and re-materialisation. i m not and expert and dont know everything about trading. but i have gone through a link provided by this site and there was something de-materialisation and re-materialisation charges as follows.......................
Inter Depository Transfer::
a. Buy (Receive): NIL
b. Sell(Debit): Rs 8 + NSDL Rs 5) flat for every debit transaction
Demat (Per certificate): Rs 2 + Rs 35 as courier charges
Remat (Per ISIN): Rs 25 per certificate or 0.5% of the value whichever is higher + Rs 9 (depository charges)
Courier charges per Demat/ Remat request: Rs 35
Pledge per ISIN: 0.02% of the transation depository charges)
Unpledge per ISIN: 0.02% of the transation depository charges)
Pledge Invocation per ISIN: 0.05% of the transation depository charges)
i could not understand......so someone pls explain it and make it clear.......
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4. mohan  Aug 17, 2012 20:56 Reply
charges less
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3. Samson Samuel  Aug 2, 2012 18:00 Reply
Please give me the contact details of Zerodha in Kerala state
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2. manish prajapati  Jun 24, 2012 00:14 Reply
plese send me contect no. or address of zerodha in ahmedabad city(gujarat) and Is zerodha provide customer services in gujarati language?
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1. GOPAL AGRAWAL  Jun 19, 2012 16:53 Reply
I Want to know more about your company



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