IND Pricing
  • Account Opening Fees

    Account Opening Fees

    0

    Trading and Demat Account

  • Profile Verification

    Profile Verification

    0

    KYC and Identity Verification

  • AMC

    AMC

    0

    Account Maintenance Charges

  • Brokerage

    Brokerage

    0.05%

    Of order value, upto ₹20

  • Regulatory Charges
  • Depository Charges
  • Other Charges
Exchange Transaction Charges
Delivery and Intraday for both Buy and Sell
0.00345%
NSE
0.00375%
BSE
STT
0.10%
Delivery Buy and Sell
0.025%
Intraday Sell
Stamp Duty
0.015%
Delivery Buy
0.003%
Intraday Buy
SEBI Turnover Charges
Delivery and Intraday for both Buy and Sell
0.0001%

Brokerage will not exceed the SEBI prescribed limit

Charges explained

Exchange Transaction/Turnover Charges

This is charged by the exchange : NSE/BSE; on the value of your transactions executed on the respective exchange.
For NSE,
The charge is 0.00345% of transaction value for all stocks.

For BSE,
The charge depends on the group of the traded stock, and is as follows :
Stocks part of Group A,B,E,F,FC,G,GC,I, and W are charged @ 0.00375% of transaction value.
Stocks part of Group M,MT,TS,MS,IF,IT, and R are charged @ 0.00275% of transaction value.
Stocks part of Group X,XT,Z are charged @ 0.1% of transaction value.
Stocks part of Group P,ZP are charged @ 1% of transaction value.
Stocks traded under the odd lot mechanism (excluding scrips belonging to M,IF, and IT) are charged @ 1% of transaction value.

DP (Depository Participant) Charges (On Delivery Sell Orders)

This is charged by the depository and depository participant for debiting shares from your demat account and inter-settlement BTST transactions.
This is charged as :
DP charges when buying : ₹ 0
DP charges when selling : ₹ 13.5 + GST per ISIN (Stock or ETF) per day, regardless of quantity sold.

Examples to understand how this works?

Example 1 : Say you execute 5 delivery sell orders in Stock X in one trading session.
For this activity you will be charged ₹ 13.5+GST.
As in this case you sold only 1 ISIN (Stock X) multiple times, and DP charges depends on the number of unique ISINs sold as delivery orders (in this case 1), regardless of the individual quantity/orders of each ISIN sold.

Example 2 : Say you execute 10 delivery sell orders , 3 in Stock X, 5 in Stock Y, and 2 in Stock Z.
For this activity, you will be charges a total of 3*(₹ 13.5+GST).
As in this case you sold 3 ISINs (Stock X, Stock Y,and Stock Z) multiple times, and DP charges depends on the number of unique ISINs sold as delivery orders (in this case 3), regardless of the individual quantity/orders of each ISIN sold.

Securities Transaction Tax (STT)

This is charged by the government when you transact on the exchanges.
Charged as above on both buy and sell orders for equity delivery trades.
Charged as above only for sell order for equity intraday trades.
When trading at INDmoney, STT can be alot more than the brokerage we charge. Important to keep a tab on.

This is charged as :
For equity deliver orders (Buy and Sell) : 0.1% of order amount.
For equity intraday orders (charged only on the sell order) : 0.025% of order amount.

Stamp Duty

This is charged by the government for the contract note issued for your trading activity.

This charge is applicable only for Buy orders as mentioned above.

SEBI Turnover Charges

This is charged by the Securities and Exchange Board of India for regulating the markets.
This is charged @ 0.0001% of order value.

Physical Statement Courier

Any statement that are requested to be delivered physically would be charged @ ₹ 300 per request + ₹ 300 as courier charges.

Off Market transfers from the Demat Account

Any off-market transactions that will be executed by you will be charged @ ₹ 10, this is inclusive of depository charges as well.

Remat Charges

These are charged for any rematerialization of shares request processed for you.
Rematerialization of shares is the process by which you can get your electronic share holdings converted to physical share certificates.
This is charged @ INR 250 per certificate rematerialized, this is inclusive of any Depository charges.

Demat Charges

These are charged for any dematerialization of shares request processed for you.
Dematerialization of shares is the process by which you can get your physical share certificates converted to electronic share holdings.
This is charged @ INR 250 per certificate rematerialized, this is inclusive of any Depository charges.

Deposit using Netbanking

These are payment gateway charges and are charged @ ₹ 10 per deposit done via net-banking. (Not charged for deposits done via UPI).

Call and Trade Charges

Additional charges of ₹ 500 per order for orders placed through our support/trading desk.

GST

This is tax charged by the government on services rendered.
This is charged as 18% on Brokerage, SEBI charges, deposit via net-banking, DP Charges, Auto-square off charges, call and trade charges, demat/remat charges, and physical statement charges.

Frequently Asked Questions

In case you missed anything

Is there any account opening fee on INDmoney?

Is there any account maintenance fee?

How much time will it take to deposit money to the INDstocks wallet?

How much time does it take to withdraw money from the INDstocks wallet?

How long does it take to activate a Stocks Account on INDmoney?

How is GST calculated on the different charges?