# Share Khan Brokerage charges

Discussion in 'General Trading & Investing Chat' started by alian1980, Nov 12, 2008.

1. ### alian1980New Member

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Hi,

I am a newbie, and have opened a demat account with sharekhan. please let me know how is the brokerage charge calculated?

2. ### fast_rizwaanActive Member

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i don't know the exact brokerage of sharekhan, but i assume it to be 0.50 for delivery based and 0.05 for intraday trading.

delivery brokerage (which you buy and keep for a few days or years): 0.50%

1. say you buy 10 shares of Reliance 10@1200 = 12000 is the total amount
2. the brokerage is 12000 * 0.50 /100 = 60rs + taxes.
3. and when you sell reliance @ 1500; 10@1500= 15000
4. the brokerage is 15,000*0.50/100 = 75rs + ndsl/cdsl charges = 6to8rs + taxes = 85

profit = 1500-1200 = 300*10 = 3000rs - 75+60 (brokerage) = 3000-81 = 2919 profit. in delivery based trade.

1. say we buy 10 shares @ 1200 = 12000
2. and sell the same 10 @ 1250 = 12500 (in a few minutes or hour, before 3pm)

brokerage is calculated on Sell side only for intraday:

12500*0.05/100=6.25+stt say 7rs.

Profit:we gain 12500-12000=500 - 7to10rs = profit 490rs intraday.

Last edited: Nov 13, 2008
3. ### saurabh159New Member

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For Options : the amount of brokerage charged will not exceed 2.5% of the premium amount or Rs 100, whichever is higher.

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4. ### columbusWell-Known Member

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There is a typo in your post at point no.3, please correct it.It should be 1500 instead of 2000.

5. ### alian1980New Member

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Thanks Rizwaan for explaining it with example

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6. ### Gor KapilNew Member

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Hi,
I want to open a Demat account , I want to know apart from Annual charge and transaction charges, Are there any other type of charges (hidden) i need to pay?

It would be great if someone give me the charges applicable for ICICI, HDFC and reliance Money.

7. ### rameshinfraNew Member

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Thank you alian1980.........

You have provided the information in a simpler way......3 cheers...

8. ### Abhishek87New Member

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Hi all,

Here are the brokerage details for various plans of Sharekhan :

1. CLASSIC NORMAL:-

A/C. OPENING CHARGE 750/- (TOTAL ADJ. IN BROK.WITHIN SIX MONTH)
MIN. MARGIN REQ. 5000/- (TOTAL INVESTABLE, REFUNDABLE)
BROK. (DELIVERY) 0.50% (BOTH SIDE)

A/C. OPENING CHARGE 1000/- (TOTAL ADJ. IN BROK.WITHIN SIX MONTH)
MIN. MARGIN REQ. 5000/- (TOTAL INVESTABLE, REFUNABLE)
BROK. (DELIVERY) 0.45% (BOTH SIDE)

3. PREPAID 2000/-

A/C. OPENING CHARGE 0/-
ADV. BROK. REQ. 2000/- (VALID 1 YEAR)
BROK. (DELIVERY) 0.40% (BOTH SIDE)

4. PREPAID 6000/-

A/C. OPENING CHARGE 0/-
ADV. BROK. REQ. 6000/- (VALID 1 YEAR)
BROK. (DELIVERY) 0.25% (BOTH SIDE)

COMODITIES A/C.

A/C. OPENING CHARGE 200/-
0.10% DELIVERY

NOTE:- AMC 300/- WOULD BE CHARGED PER ANNUM AFTER ONE YEAR
GOVT. TAXES ARE APPLICABLE. CONDITIONS APLY.

OFFLINE A/C:-
A/C. OPENING CHARGE 180/-
DEMATS CHARGE. 300/-
BROK. (DELIVERY) 0.50% (BOTH SIDE)

REQUIRED DOCUMENTS:-

1. ONE COPY OF PAN CARD

2. ONE COPY OF ADD. PROOF (DL, PASSPORT, VOTER ID CARD, LANDLINE BILL LATEST, ELEC. BILL LATEST, BANK PASSBOOK, ORIGINAL QUATERLY BANK STATEMENT LATEST, RENT/LEASE AGREEMENT NOTERISED ETC.

3. TWO PASSPORT SIZE PHOTOGRAPH

4. ONE CANCELLED CHEQUE (SHOULD BE NAME PRINTED OR STATEMENT REQUIRED.)

9. ### arnabmitraNew Member

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There are many types of a/c
1.750/- where the amount is refundable(as per brokerage usage)vaid for 6 months.
At the time of selling from the DP no extra charges are taken but only 16/- taken inclusive of brokerage...

10. ### raju2009New Member

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