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Brokerage Charges

IIFL as a Stockbroker make up for a crucial link between the stock exchanges and the investors. They provide specialised services and execute various transactions to assist investors in the trading process. These stockbrokers charge a small fee called brokerage fee for managing and providing services such as buying, selling, negotiations, consultations, and delivery. This fee is the main source of income for stockbrokers.

BROKER CHARGESEQUITY DELIVERYEQUITY INTRADAYEQUITY FUTURESEQUITY OPTIONS
iValue Brokerage0.25%0.025%0.025%₹ 25 Per lot
STT0.1% On both buy & Sell0.025% Only on Sell0.01 % Only on Sell0.05% Only on Sell (on Premium)
Transaction Charges NSE:
0.00335% on Turnover Value (Buy & Sell)

#NSE
.00275% on Turnover Value (Buy & Sell)

BSE:
Charges vary as per The Scrip Group*

Exchange turnover charge:
0.00022%

Clearing charge:
0.0004%
NSE:
0.00335% on Turnover Value (Buy & Sell)

#NSE
.00275% on Turnover Value (Buy & Sell)

BSE:
Charges vary as per The Scrip Group*

Exchange turnover charge:
0.00022%

Clearing charge:
0.0004%
NSE:
0.00195% on Total Turnover value
NSE:
0.053% on Premium value
Demat Transaction/ DP Charges20/Scrip only on SellNo ChargesNo ChargesNo Charges
GST18% (On Brokerage, D3P, Transaction, SEBI Charges)18% (On Brokerage, Transaction, SEBI Charges)18% (On Brokerage, Transaction, SEBI Charges)18% (On Brokerage, Transaction, SEBI Charges)
SEBI Charges₹10/Crore₹10/Crore₹10/Crore₹10/Crore
Stamp Duty Charges0.015% of turnover value (Buyer)0.003% of turnover value (Buyer)0.002% of turnover value (Buyer)0.003% of turnover value (Buyer)

Charges Explained

    SECURITIES/COMMODITIES TRANSACTION TAX
  • The government levies this tax on investors and traders when making transactions on the stock exchanges. Levied on both buy and sell orders in case of equity delivery and only on sell orders if the trade is Intraday or F&O.
    TRANSACTION TURNOVER CHARGES

    These charges are levied by the government on the value of your transactions on the exchanges.

  • Transaction Charges as per BSE (w.e.f 01.01.2016) in XC, XD, XT, Z and ZP groups has been revised to Rs 10,000 per crores.
  • XD and XC groups have been merged into a new group called X w.e.f 01.12.2017
  • Transaction Charges as per BSE in SS and ST groups has been revised to Rs 1,00,000 per crore of gross turnover.
    CALL & TRADE

    An additional charge of Rs 50 will be levied, if:

  • Orders are placed through our support or dealing desk.
  • Squaring off of Intraday orders (MIS/BO/CO) through our RMS team before the closing of the market.
  • In case the entry order is executed by investors in multiple trades, Stop Loss/Target Orders will be placed separately for Bracket Orders. All brokerage charges, including Call & Trade, will be billed per executed order for auto square off.
    OFFLINE TRADE
  • Offline trades are those that do not include RMS Square-Off, Auto Square-Off, Margin Square-off etc.
    GST
  • The Goods and Services Tax is levied by the government on the services provided. For brokerage and transaction charges, the GST is levied at 18%.
    STAMP CHARGES
  • Stamp Charges are levied on shares, debentures, currency, derivatives etc. The government has revised the Stamp Duty Rates from July 1, 2020. Please refer to the brokerage table above for the current rates.
    SEBI CHARGES
  • SEBI charges a flat Rs 10 per crores as a charge for regulating and managing the financial markets.
    ACCOUNT MAINTENANCE CHARGES (AMC):
  • 0 (zero) for the first year. Rs 250 + GST from the next year onwards.
    DEPOSITORY PARTICIPANT (DP) CHARGES
  • These charges are levied by IIFL (Participant) and CDSL, NSDL (Depositories) together. The charges are Rs 13.5 + GST per scrip (irrespective of the order quantity) on the day of selling stocks.