Prabhudas Lilladher Charges
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Are you an investor and is looking for the time to connect with Prabhudas Lilladher? So, you might be curious to know about the charges that are offered by the firm. Isn’t it? So here we are with today’s document that will discuss the Prabhudas Lilladher Charges.
Let’s move ahead to know more.
But let’s first get fully enlightened with the firm’s background.
Prabhudas Lilladher is a Mumbai-based full-service stockbroker and is the oldest stockbroking house, which is giving tough competition to the new brokers in the share market.
The firm is available in more than 30 cities with 350 plus employees and 29,565 active clients. Prabhudas Lilladher is registered, monitored, and controlled by SEBI and also registered under various stock exchanges, including:
So if you want to get in trade with the broker, it is good to learn about the Prabhudas Lilladher Charges.
Let’s start now!
Prabhudas Lilladher Charges Details
To get into a trade with any of the brokers, you have to pay certain charges for account opening. Apart from this to carry trade in different segments you have to pay certain brokerage charges that vary on the product type and the validity of the order you choose.
Also, there are some hidden charges generally, transaction charges that need to be paid for every order you execute with the broker.
There are certain AMC charges imposed on your demat account to keep it activated.
To know about the details of these charges let’s move ahead.
Prabhudas Lilladher Brokerage Charges
To execute a trade, every broker charges some specific brokerage that needs to be paid once the order gets executed. But what are those charges?
So let’s plunge into the table to learn more about the Prabhudas Lilladher Brokerage Charges.
Prabhudas Lilladher Brokerage Charges | |
Equity Delivery | 0.2% |
Equity Intraday | 0.02% |
Equity Futures | 0.02% |
Equity Options | 0.02% |
Currency Futures | 0.02% to 0.01% |
Currency Options | Rs. 15 per lot |
Commodity | 0.02% |
To understand these charges, let’s take an example, so let’s say you want to trade in Equity Intraday to buy Reliance Shares which is currently available @₹1250.
You buy 100 shares and so the total trade is ₹1,25,000. So here you need to pay the brokerage of 0.02% of 1,25,000 i.e. ₹25.
Still, if you are unable to calculate the exact brokerage then you can make an efficient use of the Prabhudas Lilladher Brokerage Calculator.
It offers help to the investors and traders to understand the brokerage charges provided by the firm on various segments.
Prabhudas Lilladher Demat Account Charges
We’ve collected details about the Prabhudas Lilladher Brokerage Fees, and now we’re going to discuss the fees for the Prabhudas Lilladher Demat account opening.
Prabhudas Lilladher Demat Account Charges are mentioned in the following table, so, to know more about the account opening charges, let’s dive into the table.
Prabhudas Lilladher Demat Account Charges | |
Demat Account Opening Charges (one time) | ₹0 |
Demat Account AMC | ₹300 |
Thus, you can get into the trade with the broker without paying any charges. However, the AMC charges are ₹300 that is need to be paid from the second year onwards.
Prabhudas Lilladher Trading Account Charges
We are moving step by step to know more about the Prabhudas Lilladher Charges, and here comes another segment that will deal with the trading charges.
Prabhudas Lilladher Trading Charges are made clear in the following table. So, to know more, let’s jump into the table below.
Prabhudas Lilladher Trading Charges | |
Trading Account Opening Charges (one time) | Rs. 0 |
Trading Account AMC | 1st year- free From second year- Rs. 250 |
- The trading account opening charges are nil in Prabhudas Lilladher.
- The trading account AMC for the first year is free, and from the second year, an investor will be needed to pay ₹250.
Prabhudas Lilladher Transaction Charges
Now here comes the other type of charges that we will discuss in this particular section, and those charges are the transaction charges.
Prabhudas Lilladher Transaction Charges can be seen in the following table. So to know more about the transaction charges of the Prabhudas Lilladher, let have a quick dive into the below table.
Prabhudas Lilladher Transaction Charges | |
Equity Delivery | NSE: 0.00325% |
BSE: 0.00325% | |
Equity Intraday | NSE: 0.00325% |
BSE: 0.00325% | |
Equity Futures | NSE: 0.0025% |
Equity Options | NSE: 0.065% (on premium) |
Currency Futures | NSE: 0.00165% |
Currency Options | NSE: 0.06% |
Commodity | Non-Agri: 0.0031% |
These charges need to be paid along with the brokerage charges to complete your order placement request.
It is good to consider all these charges before you think of opening an account with the broker.
Conclusion
So here was the complete information of the brokerage charges of the firm. So although the broker does not charge any fees for opening a demat or trading account, since it is a full-service broker it charges comparatively high brokerage fees to execute a trade in different segments.
Start trading and enjoy trading with Prabhudas Lilladher!
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