Zerodha brokerage calculator
At Zerodha, delivery brokerage is ₹0, but every sell from your demat pays a ₹15.34 DP charge, GST included. A 100-share intraday trade at Zerodha, bought at ₹1,000 and sold at ₹1,010, costs ₹82.97 in charges: ₹40 is Zerodha's brokerage, and ₹42.97 is tax, exchange and SEBI fees and GST. A 50-share delivery trade (₹500 to ₹520) costs ₹72, including the DP charge.
Zerodha: ₹82.97 in charges on this trade. Turn on JavaScript to change the numbers.
| Charge | Amount |
|---|---|
| Brokerage | ₹40 |
| STT | ₹25.25 |
| Exchange transaction (NSE) | ₹6.17 |
| SEBI turnover fee | ₹0.20 |
| Stamp duty | ₹3 |
| GST | ₹8.35 |
| Total | ₹82.97 |
- Net P&L
- ₹917.03
- Breakeven move
- ₹0.83 a share
How much brokerage does Zerodha charge?
Zerodha has one plan for resident individual accounts. In its own words: All equity delivery investments (NSE, BSE), are absolutely free — ₹ 0 brokerage.
(zerodha.com/charges).
| Charge | Zerodha |
|---|---|
| Equity delivery brokerage | ₹0 |
| Equity intraday brokerage | ₹20 or 0.03%, whichever is lower |
| Futures brokerage | ₹20 or 0.03%, whichever is lower |
| Options brokerage | ₹20 |
| Currency futures brokerage | ₹20 or 0.03%, whichever is lower |
| Currency options brokerage | ₹20 |
| Commodity futures brokerage | ₹20 or 0.03%, whichever is lower |
| Commodity options brokerage | ₹20 |
| DP charge (delivery sell) | ₹15.34 per scrip when you sell from your demat, whatever the quantity: ₹3.50 CDSL fee + ₹9.50 Zerodha fee + ₹2.34 GST. Women who are the first holder get ₹0.25 off the CDSL fee. |
| AMC (annual maintenance) | Free for the first year on new resident individual accounts. After that, a BSDA account pays nothing with holdings up to ₹4 lakh, ₹100 a year + GST from ₹4 lakh to ₹10 lakh and ₹300 a year + GST above ₹10 lakh; a non-BSDA account pays ₹300 a year + GST. Charged quarterly. |
| Account opening | Free for individual and minor accounts; ₹500 for NRI accounts. |
What to know about Zerodha's charges
- Delivery is ₹0 for retail individual clients only. Companies, partnerships, trusts and HUFs pay 0.1% or ₹20 (whichever is less) on delivery.
- An order placed through a Zerodha dealer, including an auto square-off, costs ₹50 extra.
- An account with a debit balance pays an extra ₹20 per executed order.
- Brokerage is also charged on options that expire, are exercised or are assigned.
- MTF (margin trading) brokerage is 0.3% or ₹20 per executed order, whichever is lower, with interest of 0.04% a day.
Zerodha worked example, charge by charge
| Charge | 100 shares intraday, ₹1,000 to ₹1,010 | 50 shares delivery, ₹500 to ₹520 |
|---|---|---|
| Brokerage | ₹40 | ₹0 |
| STT | ₹25.25 | ₹51 |
| Exchange transaction (NSE) | ₹6.17 | ₹1.57 |
| SEBI turnover fee | ₹0.20 | ₹0.05 |
| Stamp duty | ₹3 | ₹3.75 |
| DP charge | ₹0 | ₹15.34 |
| GST | ₹8.35 | ₹0.29 |
| Total | ₹82.97 | ₹72 |
| Net profit after charges | ₹917.03 | ₹928 |
To cover the charges, the intraday trade needs a move of ₹0.83 a share and the delivery trade ₹1.44 a share.
Taxes and exchange charges at Zerodha
| Charge | Equity delivery | Equity intraday | Futures | Options |
|---|---|---|---|---|
| STT | 0.1% buy + 0.1% sell | 0.025% sell | 0.05% sell | 0.15% sell |
| Exchange transaction (NSE) | 0.00307% | 0.00307% | 0.00183% | 0.03553% |
| SEBI turnover fee | ₹10 per crore | ₹10 per crore | ₹10 per crore | ₹10 per crore |
| Stamp duty (buy side) | 0.015% | 0.003% | 0.002% | 0.003% |
| GST | 18% on brokerage, exchange and SEBI charges | 18% on brokerage, exchange and SEBI charges | 18% on brokerage, exchange and SEBI charges | 18% on brokerage, exchange and SEBI charges |
How this calculator works
- Brokerage is charged on each executed order, so a buy and a sell pay it twice. Where Zerodha states "₹X or Y%, whichever is lower", the calculator takes the lower on each order.
- STT, exchange and SEBI charges, stamp duty and GST come on top, at the NSE rates above. BSE rates differ by scrip group.
- DP charge: once per scrip on a delivery sell, as Zerodha's page states it.
- Limits. Equity on NSE only: currency and commodity brokerage is in the table above but not in the calculator. One plan, after any first-30-days offer. Contract notes round some charges, so expect a few paise of difference. Charges change: check the date and Zerodha's page before you trade.