uTrade AlgosShare India offers zero brokerage for equity delivery trades. This means you won’t incur any direct brokerage fees when buying shares for the long term. You just need our demat account to hold your delivery shares and trading account to place your delivery trades with Share India. Get started here today!
While you save on brokerage, certain statutory charges still apply when placing delivery trades:
1. STT/CTT (Securities Transaction Tax/Commodities Transaction Tax): 0.1% on both buy and sell transactions.
2.Exchange Charges:
- NSE: 0.00297%
- BSE: 0.00375%
3. GST (Goods and Services Tax): 18% on the sum of brokerage (if applicable), SEBI charges, and transaction charges.
4. SEBI Charges: ₹10 per crore of the trade value.
5. Stamp Duty: 0.015% or ₹1500 per crore on the buy side transactions only.
6. Investor Protection Fund Trust Charge: NSE: 0.0001%
Also, while trading with Share India, be aware of any applicable demat account maintenance charges (AMC) or any other fees applicable. These charges ensure your financial securities are safely held and maintained electronically. Get more information on AMC charges and other demat account charges here!
| Service | Scheme-A | Scheme-B | Scheme-C |
| Account Opening Charges | Zero | Zero | Zero |
| Account Maintenance Charges | Online mode (for Individual Account Only)
₹0 for first year (365 days) ₹200/annum (after 365 days) |
For Individual Account offline or online
First 365 days: ₹1,000/- (Non Refundable) After 365 days: Nil |
AMCs for Value of Holdings in the demat Account (Debt as well as other than debt securities) combined: |
| Offline mode
For Individual Account ₹200/- per annum For Corporate Account ₹1500/- per annum |
For Non-Individual Account offline or online
First 365 days: ₹10,000/- (Non Refundable) After 365 days: Nil |
Up to ₹4 Lakhs: Nil More than ₹4 Lakhs but up to ₹10 Lakhs: ₹100/- More than ₹10 Lakhs: Not a BSDA. Regular AMC may be levied |