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Geojit Brokerage Charges, Fees, AMC, Transaction Charges 2023

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Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf. Geojit BNP Paribas is cash equity and derivatives broker with extensive experience in Portfolio Management Services and the distribution of financial products: mutual funds and li...

Geojit Account Charges

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

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

Geojit Account Open Charges | Geojit AMC 2023

Transaction	Fee
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 per year

Geojit Brokerage Charges 2023

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

Geojit Online Traditional Plan

Segment	Brokerage Fee
Monthly Fee (Fixed)
Equity Delivery	0.30%
Equity Intraday	0.03%
Equity Futures	0.01%
Equity Options	Rs 50 per lot
Currency Futures	0.01%
Currency Options	Rs 50 per lot
Commodity Futures	NA
Commodity Options	NA

Geojit GTrade Max

Segment	Brokerage Fee
Monthly Fee (Fixed)
Equity Delivery	0.30%
Equity Intraday	Rs 20 per trade or 0.03% which is lower
Equity Futures	Rs 40 per lot
Equity Options	Rs 20 per lot
Currency Futures	Rs 40 per lot
Currency Options	Rs 20 per lot
Commodity Futures	NA
Commodity Options	NA

Geojit Demat Account Charges 2023

The Demat account transactions are charged separately from the trading commission. Find Geojit Demat account charges 2023.

Geojit Demat Charges

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

For Geojit debit:

0.02% (subject to a min of Rs 15 & max of Rs 40 per trans), if the delivery is through POA/with DCN or

0.02% (subjects to a min of Rs 20 & maxi of Rs 40 per trans), if the delivery is through DIS or POA without DCN.

For other broker debit:

0.02% (subject to a min of Rs 50 and max of Rs 100 per Trans)

Off market transaction

0.02% (subject to a min of Rs 20 and max of Rs 40 per trans), if the receiving demat account is with Geojit BNP Paribas.

0.02% (subject to a minimum of Rs 50 and maximum of Rs 100 per transaction) if receiving demat account is outside Geojit BNP Paribas.

per debit transaction.

ID	Transaction	Charges
1	Demat Account Opening Charges	Rs 0 (Free)
2	Transaction Charges (Buy)
3	Transaction Charges (Sell)	For Geojit debit: 0.02% (subject to a min of Rs 15 & max of Rs 40 per trans), if the delivery is through POA/with DCN or 0.02% (subjects to a min of Rs 20 & maxi of Rs 40 per trans), if the delivery is through DIS or POA without DCN. For other broker debit: 0.02% (subject to a min of Rs 50 and max of Rs 100 per Trans) Off market transaction 0.02% (subject to a min of Rs 20 and max of Rs 40 per trans), if the receiving demat account is with Geojit BNP Paribas. 0.02% (subject to a minimum of Rs 50 and maximum of Rs 100 per transaction) if receiving demat account is outside Geojit BNP Paribas.
4	Annual Maintenance Charges (AMC)	Regular Individual Account: RS 600 (Rs 450 electronic communication) NRI Clients: RS 2000 (Rs 750 electronic communication) Corporate Accounts: Rs 1250 BSDA clients: Nil for holding value till Rs 50,000. Rs 100 p.a. for holding value from Rs 50,001 to Rs 2,00,000 . Holding value above 2Lakh normal tariff will be applicable
5	Demat + Courier charges	Nil + Courier Charges @ Rs 35
6	Remat	Rs 10 for every 100 securities or part thereof; or Rs 10 per certificate whichever is higher + courier charges Rs 35 per scrip
7	Pledge Creation	Rs 50 per trans, Rs 100 per transaction for BSDA clients
8	Pledge Creation Confirmation	NIL
9	Pledge Invocation	Rs 50 per trans Rs 100 for BSDA clients
10	Failed Transactions	NIL
11	Other Charges

Geojit Transaction Charges (Exchange Turnover Charge)

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

Geojit Transaction Charges 2023

Segment	Transaction Fee
Equity Delivery	Rs 325 per Cr (0.00325%)
Equity Intraday	Rs 325 per Cr (0.00325%)
Equity Futures	Rs 210 per Cr (0.0021%)
Equity Options	Rs 5500 per Cr (0.05%)
Currency Futures	Rs 145 per Cr (0.00145%)
Currency Options	Rs 4730 per Cr (0.0473%) on premium
Commodity	NA

Geojit Trading Taxes

Geojit charges government taxes and fees in addition to the brokerage. These Geojit 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 Geojit tax calculation.

Geojit Tax on Trading

Tax Geojit	Rates
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)
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)

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13 Comments

13. Sanjay

| Link|Mar 6, 2023 12:32:46 PMReply

Charges Highest in industry and service very poor

12. Sanjay

| Link|Mar 6, 2023 12:27:54 PMReply

Amc is now increased toRs 826 Per Annum and .one of highest in broking industry and service is not worth that.
Other Traditional brokers charge Rs 400 and have option of life time free AMC.brokerage .They charge brokerage@0.50 for delivery

11. Bhushan Lal Kak

| Link|May 11, 2022 7:37:59 PMReply

Customarecare not solving client complaints expeditiously. Never displays Geojit Brokerage review feedback. High Brokerage charges in F&Options, Intraday & Delivery Trading. Need renovation of Geojit Platform for smooth functioning to maintain good customarecare/client relationship in today's competative market.

10. Mrityunjay.S.Y

| Link|Feb 26, 2022 11:58:42 AMReply

Yes, it is true, I also have noticed high brokerage charges and it differs from trade to trade. Large gap between saying and doing.

9. विजेंद्र सिंह राठौर

| Link|Jan 22, 2022 4:38:44 PMReply

महोदय जी
आपकी सेवाओं में काफी त्रुटियां है मेरा एनुअल चार्ज काफी ज्यादा लगाया गया है.... जो कि हमारे साथ वालों का कोई भी एएमसी चार्ज नहीं लगता... मै उपभोक्ता मंच मे वाद दायर कर रहा हूँ जिसके हर्जाने खर्जाने के जिम्मेदारी आपकी कम्पनी जियोजीत फाइनेंशियल की होगी...

8. Abdul Bhasith

| Link|Jun 11, 2021 5:13:51 PMReply

Geojit AMC charges is INR. 833.00

7. Nandini

| Link|Dec 5, 2020 7:07:34 PMReply

I am one of your client. Not at all satisfied with the service. Your brokerage is very high. Chargrd Rs. 75/- per trade in option while many other charges Rs. 20/ could not continue.

6. Greenworld

| Link|Oct 11, 2020 10:53:45 AMReply

1. Their AMC charge is not fixed. They charged 2 AMC charges from me. It was rupees 1644. One account they started for margin trading. At that time they told no AMC for the account. I continuously demanded for closore that account. They took 6 months for it.
2. Their brokerage feeis is same for Rupees 900 and 7000. Reason is minimum brokerage. Below 900 rupees, their brokerage fee is 3 %.

5. Abhish

| Link|Sep 5, 2020 9:55:50 AMReply

I would like to know exact brokerage fees for your intraday service ,it's not 0.030 you are charging above that ,around 0.080 for some trade and above that for some other trade ,please publish your exact brokerage fees in website .????

4. Arnab

| Link|Aug 20, 2020 5:47:57 AMReply

One of the worst platforms in the whole of Indian trading. The app is disgusting and lacks general updation, The discrepancies with the data is so confusing, the only thing that is done religiously is that the charges are applied without a delay. Customer service is pathetic. The responses are delayed. If you report about the app to the customer care, they will push it back to you, your internet service. There is a discrepancy with the balances. Please stay away from this as much as you can. Life becomes more meaningful and peaceful

3. Nithin Kumar

| Link|Jun 8, 2020 10:55:04 PMReply

Charge is very high....

2. man

| Link|May 11, 2020 9:22:40 PMReply

very high charges so dont use this non sense service

1. Noufal

| Link|Apr 10, 2019 3:38:30 PMReply

My broker is Geojit and their commission is very high. Instead on advertised they are changing 0.75% brokerage for NRE account for Equity delivery +0.25% as tax. Total for each transaction 1%