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Tariff for Trading Account

Note: Account opening charges are non-refundable

Brokerage and other charges levied by PhonePe Broking: 

Charges Head Brokerage / Charges Amount 
Equity Intraday ₹20 per executed order or 0.05% whichever is lower
Equity Delivery ₹20 per executed order or 0.05% whichever is lower
RMS/Call and Trade/Auto Square off services Additional ₹30 per executed order 

In addition to the above charges the following regulatory fees and taxations will be levied:

Charge Head Equity Delivery Equity Intraday 
Security Transaction Tax 0.1% on turnover 0.025% on sell turnover 
Exchange Transaction charges (NSE) *0.00325% of turnover 0.00325% of turnover 
Exchange Transaction charges (BSE) *0.00375% of turnover 0.00375% of turnover 
SEBI Turnover Fees 0.0001% of turnover 0.0001% of turnover 
Stamp duty 0.015% on buy turnover 0.003% on buy turnover 
IPFT0.0001% of turnover 0.0001% of turnover 
GST applicable on Brokerage, STT, Exchange Transaction charges and IPFT18%18%

Note: 

  • Brokerage shall not exceed 2.5% of the contract price for Cash and Future Trades
  • Where the sale/purchase value of a share is ₹10 or less, a maximum brokerage of 25 paise per share may be collected
  • Clients who opt to receive physical contract notes or in case of ECN bounce ₹50 will be charged for physical contract notes. A brokerage of 0.5% on the contract value will be charged for contracts where physical delivery happens excluding GST
  • Charges for other value-added services will be applicable at the time of availing such service, upon your consent
    • Fund transfer-in Charges: A flat charge of ₹15 (exclusive GST)  per transaction except for UPI transactions 
    • Interest on Outstanding amount: Interest will be levied at 18% per annum on the outstanding amount beyond the settlement date till the date of payment and will be charged on a daily basis