Chittorgarh.com Logo
Loading...

Sharekhan Brokerage Charges, Fees, AMC, Transaction Charges 2021


10.89% 753,313 Clients

Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years ... Know more about Sharekhan

Sharekhan Account Charges

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

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

Sharekhan Account Open Charges | Sharekhan AMC 2021

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 (Free for 1st year)
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.

Sharekhan Brokerage Charges 2021

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

Sharekhan Classic Account

SegmentBrokerage Fee
Monthly Fee (Fixed)
Equity Delivery0.50%
Equity Intraday0.10%
Equity Futures0.10%
Equity OptionsRs 50 per lot
Currency Futures0.10%
Currency OptionsRs 30 per lot
Commodity Futures0.03%
Commodity Options0.03%

Sharekhan Prepaid - ₹1 Lakh

SegmentBrokerage Fee
Monthly Fee (Fixed)Rs 1,00,000 per year
Equity Delivery0.10%
Equity Intraday0.015%
Equity Futures0.015%
Equity Options0.05% or Rs 63 per lot
Currency Futures
Currency Options
Commodity Futures
Commodity Options

Sharekhan Margin - ₹1 Lakh

SegmentBrokerage Fee
Monthly Fee (Fixed)Rs 1,00,000 margin
Equity Delivery0.25%
Equity Intraday0.05%
Equity Futures0.05%
Equity Options1% or Rs 70 per lot
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Sharekhan Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.


Sharekhan Demat Account Charges 2021

The Demat account transactions are charged separately from the trading commission. Find Sharekhan Demat account charges 2021.

Sharekhan Depository Service Charges for Resident Retail Customers

SrServices (CDSL)Scheme A (AMC 400)Scheme B (AMC 500)
1 Account Opening Charges Nil Nil
2 Annual Maintenance Charges (AMC) Rs 400 p.a. Rs 500 p.a.
3 Sales - Through Sharekhan Nil Nil
4 Purchases Nil Nil
5 Brokerage Minimum Brokerage of Rs 16/ Per scrip settlement delivery (sell) Minimum Brokerage of Rs 16/ Per scrip settlement delivery (sell)
6 Sales - Not through Sharekhan/ Offmarket transfer/IDT 0.03% of the value of transact on (Min.Rs.30) 0.03% of the value of transact on (Min.Rs.30)
7 Dematerialization Charges Rs 5 per certificate Rs 5 per certificate
8 Rematerialisation Charges Rs 50 per certificate or Rs 50 for every hundred securities Rs 50 per certificate or Rs 50 for every hundred securities
9 Custody Charges Nil Nil
10 Pledge Creation 0.03% of the value of the transaction (Min Rs 100) 0.03% of the value of the transaction (Min Rs 100)
11 Freeze/De-freeze Rs 25 Rs 25
12 Additional Statement of Holding/Transaction Rs 10 Rs 10

Sharekhan Transaction Charges (Exchange Turnover Charge)

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

Sharekhan Transaction Charges 2021

SegmentTransaction Fee
Equity DeliveryNSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity IntradayNSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity FuturesNSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side)
Equity OptionsNSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium)
Currency FuturesNSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%)
Currency OptionsNSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium)
CommodityMCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%)

Sharekhan Trading Taxes

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

Sharekhan Tax on Trading

Tax SharekhanRates

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)

Sharekhan Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

Frequently Asked Questions

  1. 1. Does Sharekhan Charge for Mutual Funds?

    No, Sharekhan doesn't charge any additional fees (brokerage, entry load or commission) for purchasing mutual funds from customers. They get the commission from Mutual Fund AMC's for selling the Mutual Funds.

    Note that all the charges applicable to a particular scheme, specified by the AMC, are deducted from the NAV while purchasing the mutual funds.

    Sharekhan mutual fund SIP charges are also the same as its normal mutual fund charges.

    Investors can access technical tools, MF calculators, MF research report, latest calls, fund selector, and get fund suggestions without paying any charges. 

    Note that unlike discount stock brokers, Sharekhan doesn't offer direct mutual funds.

     

  2. 2. What is Sharekhan brokerage charge?

    Sharekhan offers a wide range of brokerage plans designed to cater to a different type of investors i.e. beginners, active traders. Sharekhan brokerage charges depend on the brokerage plan chosen and segment traded. Sharekhan offers 2 brokerage plans; Classic and Prepaid Plan.

    Sharekhan Brokerage Plans

    1. Classic Brokerage Plan (Postpaid)

      Sharekhan charges 0.50% for equity delivery and o.10% for equity intraday in its classic standard brokerage plan. This plan is for beginners and casual investors. The Post-paid plan also comes with the Margin Scheme where the brokerage reduces as you increase the margin money in your account.

    2. Sharekhan Prepaid Brokerage Plan

      Sharekhan Prepaid plans are available from Rs 750 to Rs 2 lakh yearly subscription fees with a validity of 6 months to 1 year. The brokerage reduces as the amount of subscription fee increases. For Rs 750 the brokerage is 0.50% for equity delivery and o.10% for equity intraday. For Rs 2 Lakh plan the brokerage is 0.08% for equity delivery and o.01% for equity intraday.

    Visit Sharekhan Review page for a detailed brokerage structure.

     

  3. 3. How Sharekhan brokerage is calculated?

    Sharekhan follows a percentage based brokerage model wherein the brokerage charged is a percentage of the trading value. The percentage is specified in the brokerage plans. Each plan and trading segment also has minimum brokerage criteria.

    The brokerage fee is always higher than the minimum brokerage criteria or actual brokerage. The brokerage is also charged per leg of the trade. A buy order is one leg and a sell order is another leg. You have to pay brokerage fees on each leg separately.

    Say you buy 100 shares of a company at Rs 300 per share. Your brokerage plan is a Classic account wherein 0.50% will be levied on equity delivery trades.

    Brokerage Fees = (100x300)x0.50% = Rs 150

    So, you have to pay a brokerage of Rs 150 while buying the stock. You will also have to pay Rs 150 brokerage again when you sell the stocks. In addition to the brokerage fee, you also have to pay government taxes, exchange charges, demat charges, SEBI charges etc.

     

  4. 4. Is Sharekhan free?

    No, Sharekhan is not free. The company charges brokerage and other fees for its services. Sharekhan is among the most expensive stock broker in India when compared with Discount Stock Brokers like Zerodha and Upstox. But unlike a discount broker, it provides in-person services through RM, neighborhood support, research and trading tips and hand-holding to beginners with excellent training programs.

    Sharekhan Charges List

    • Demat Annual Maintenance Charges (AMC)
    • Brokerage Charges based on plan and transaction
    • Demat Account Charges
    • Exchanges and Depositories Charges
    • Taxes levied by Governments

    Visit Sharekhan Review page for a detailed brokerage structure.

     

Contact Sharekhan / Request Call Back

Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.

Related articles

Sharekhan brokerage, Sharekhan brokerage charges, Sharekhan brokerage charges 2021, Sharekhan brokerage review, Sharekhan brokerage plans, Sharekhan intraday brokerage, Sharekhan prepaid brokerage plans, Sharekhan charges, Sharekhan fees, Sharekhan pricing, Sharekhan charge list, Sharekhan charges calculator, Sharekhan brokerage calculater, Sharekhan yearly charges, Sharekhan yearly maintenance charge, Sharekhan option brokerage, Sharekhan plans, Sharekhan trading charges and Sharekhan fund transfer

Information on this page was last updated on Wednesday, January 29, 2020


1 Comments

1. AG  May 20, 2021 11:13:58 AM I Like It. | Report Abuse Reply
I am facing a problem in Sharekhan. Everytime I order for any scrip, it says "In Group Scrip buy not allowed". NSE RMM Rejection notification pops up. I have enough amount added & tried with different Scrip but error is the same. I tried connecting Sharekhan customer care but no one picks up the call even after waiting an hour or so.

If anyone from this community can guide me, it will be helpful to me.