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Karvy Brokerage Charges, Fees, AMC, Transaction Charges 2020


-4.7% 231,818 Clients

Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.

Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.

Karvy Customers,

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Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institutions and individual investors through its wide network of offices. Using their combine account facil... Know more about Karvy Stock Broking Ltd

1. Karvy Account Opening Charges

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

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

Karvy Account Opening Charges | Karvy AMC 2020

TransactionFee
Trading Account Opening Charges (One Time)₹650
Trading Annual Maintenance Charges AMC (Yearly Fee)₹0
Demat Account Opening Charges (One Time)₹0
Demat Account Annual Maintenance Charges AMC (Yearly Fee)₹420

Find information about Karvy account opening, Karvy open account, Karvy opening charges, Karvy account opening charges, Karvy account opening status, Karvy amc charges, Karvy account charges and Karvy account closure.


2. Karvy Brokerage Charges 2020

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

Karvy Retail Brokerage Plan (Brokerage Plan)

SegmentBrokerage Fee
Monthly Fee (Fixed)
Equity Delivery0.3%
Equity Intraday0.03%
Equity Futures0.03%
Equity Options₹30 per lot
Currency Futures0.03%
Currency Options₹30 per lot
Commodity Futures0.03%
Commodity Options₹30 per lot

Karvy Premium Subscription Plan of 100000 (Brokerage Plan)

SegmentBrokerage Fee
Monthly Fee (Fixed)₹100,000 per year
Equity Delivery0.1%
Equity Intraday0.01%
Equity Futures0.01%
Equity Options₹10 per lot
Currency Futures0.01%
Currency Options₹10 per lot
Commodity Futures0.01%
Commodity Options₹10 per lot

3. Karvy Demat Account Charges 2020

The demat account transactions are charged separately from trading commission. Find Karvy demat account charges 2020.

Karvy Depository Service Charges

For Resident Retail Customers and Corporates
Particulars Charges
Account Opening Fee Nil
Closure of Account Nil
First Year AMC Nil
Annual Maintenance Charges ₹500
Transaction Charges (Debit) ₹12 per instruction (CDSL)
Demat Charges ₹5 per certificate + Courier Charges Rs 40
Remit Charges ₹20 for every 100 securities or ₹20 per certificate whichever is higher
Pledge Creation 0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction
Pledge Closure 0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction
Pledge Invocation 0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction
Failed instruction charges ₹100 Per instruction
Other Charges 1. ₹100 per Demat Rejection
2. ₹100 per Client Modification Request
3. ₹100 per DIS Lost Request
4. ₹100 per request for physical statements

All information about Karvy demat account, Karvy demat account review, Karvy demat account charges, Karvy demat account opening, Karvy dp charges, Karvy demat charges and Karvy dp id.


4. Karvy Transaction Charges (Exchange Turnover Charge)

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

Karvy Transaction Charges 2020

SegmentTransaction Fee
Equity Delivery₹325
Equity Intraday₹325
Equity Futures₹230
Equity Options₹5500
Currency Futures₹325
Currency Options
Commodity₹300

5. Karvy Trading Taxes

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

Karvy Tax on Trading

Tax KarvyRates

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

Exchange Transaction Charges

Refer table above

GST

18% on (Brokerage + Transaction Charge)

SEBI Charges

0.0001% (₹10/Crore)

Stamp Duty

State-wise

Karvy Ratings

Karvy Review Ratings (based on votes by the customers)
Overall RatingFeesBrokerageUsabilityCustomer ServiceResearch Capabilities
Rated 2.0 stars 2.0/5Rated 2.6 stars 2.6/5Rated 2.4 stars 2.4/5Rated 2.7 stars 2.7/5Rated 2.2 stars 2.2/5

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Related articles

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Karvy Competitors Review

Information on this page was last updated on Tuesday, January 28, 2020


2 Comments

Vinod Menon
2. Vinod Menon  Dec 25, 2019 07:07 I Like It. | I Don't Like It. | Report Abuse Reply
Fraud COmpany Karvy pledging Customers Shares with HDFC, Bajaj Finance, and Axis Bank. don't take these banks also as good ones they are also Fraud guys. Guys please close account from Karvy or Karvy should compensate all clients by Paying Rs. 10000
Babu Lal gupta
1. Babu Lal gupta  Apr 5, 2019 14:12 I Like It. | I Don't Like It. | Report Abuse Reply
if i purchase 5000 shares of 80 paise rate what will be commission brokerage







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