Sharekhan Delivery Charges
| |Charges
Sharekhan is one of the well-established stock brokers in India. It offers many services, like equity, currency, and commodity trading. If Sharekhan is your choice to trade stocks, here are the details of Sharekhan delivery charges.
Sharekhan is a full service brokers, so unlike many other discount brokers, Sharekhan charges deliver trading charges.
On execution of delivery order, you need to pay brokerage equal to 0.30% of the turnover value or a minimum of 1 paisa per share.
Sharekhan Delivery Brokerage Charges | |
Equity Delivery Trading Charges | 0.3% of the turnover value |
Let’s take an example to understand the brokerage charges in Sharekhan.
Assume you invested in 100 shares of XYZ company at Rs 200 each. The total turnover value of your trade will be Rs. 20,000
Now calculating the brokerage charges
= 0.30% of 20,000
= Rs 60
Along with this, there are certain taxes and other fees charged by different market participants for trading in equity delivery segment. Here is the detail of those charges:
Sharekhan Equity Delivery Charges | |
STT Charges | 0.1% of the turnover value (both buy and sell) |
Transaction Charges | NSE: 0.00325% of the turnover value (both buy and sell) |
BSE: 0.00375% of the turnover value (both buy and sell) | |
SEBI Charges | ₹10 / crore |
Stamp Duty Charges | 0.015% or ₹1500 / crore on buy side |
GST | 18% on (brokerage + SEBI charges + transaction charges) |
Now the above delivery brokerage charges also include some taxes. So, how to calculate the total fees and taxes.
For this, you can use the Sharekhan delivery brokerage calculator, where just by adding buying and selling value along with quantity you can know the total fees and profit/loss of the particular trade.
Conclusion
Equity delivery trading includes long-term investments. In addition to that, there are many charges that traders and investors usually ignore.
Extra money charged from the profit can upset you if you don’t know the charges behind every trade. So, know the cost of trading in the share market and maximize your profit by knowing the brokerage and other taxes beforehand.
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