Brokerage for delivery and intraday trades will be a minimum of ₹20 or 0.05% of the transaction value. If the brokerage value is less than ₹0.01, then a minimum of ₹0.01 will be charged.
We’re currently offering zero brokerage fee of upto ₹400 on all equity orders. This offer is valid only till 31st March 2024. You won’t be charged a brokerage fee on any WealthBasket order till 31st March 2024. This will not count towards the free brokerage amount calculation or capping of ₹400 and will be completely separate with no capping for Wealth Basket orders until March 31, 2024. However, you will be charged ₹0.01 from your ledger for every order placed irrespective of the type of order.
For example, if you have placed an order of ₹10,000 the brokerage for that order will be ₹5 (As it is lesser between ₹20 and 5% of ₹10,000 i.e. ₹5). If you have ₹400 free brokerage credit available at the start of the day, we will reduce ₹5 from the free brokerage available. So, the net brokerage benefit available at the end of the day will be ₹400 – ₹5 = ₹395. Also, ₹0.01 will be debited from your ledger account.