What are SBI NRI demat account brokerage charges?

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SBI charge flat 0.75% of the transaction value as brokerage charge for all executed trades at BSE and NSE by the NRIs.

Note that unlike discount brokers like Zerodha and ProStocks, SBI doesn't offer flat rate brokerage. Zerodha charges flat ₹200 per executed order irrespective to the size of the order. ProStocks charge flat ₹100 per order.

For example, if you buy 1000 shares of TCS at ₹800 per share, your brokerage cost with SBI is 1000 * 800 * 0.75% = ₹6000. Besides, you have to pay taxes and fees.

The same trade costs ₹200 brokerage with Zerodha and ₹100 brokerage with ProStocks.



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