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Hi Sachin ,

Could you please elobrate what are the stamp duty charges.
Is it 0.01% of the total turnover or some thing else-
And is it same for Intradau and delivery.

Thank you very much Sachin for your info,
I would apply now for the account and I will give comments after few trading sessions.
By the way is BSE trading allowed now.

Best regards,
Sridhar.

Hi Sachin,

Thank you very much for your info -

I have one more last query
What is the least brokerage for a low value share.
For example say if a share price is rs 18.
I bought 1000 qnt @ 18 and sold 1000 @ 18.1
Now what will be the brokerage for the above trade (Intraday).
I am asking this since in my geojit trading account
For Intraday brokerage is 0.03% .
So 0.03% of 18 is 0.0054 rs but he would round off to 0.01 rs since it is the minimum brokearge for any share.
So total brokerage in his case is - 1000*0.01 + 1000*0.01 = 20 rs ( for buy and sell)
They calculate the brokerage as follows -

Brokarge for each share ( 18 * 0.03 % =0.0054 = 0.01 (min) ) * no of shares

But not on the total turn over.
But actually the brokerage should be -
Turn over = 1000* 18 = 18000 = 5.4 rs ( buy - 0.03% brokerage)
1000*18.1 = 18100 = 5.43 rs (sell - 0.03% brokerage)

Total brokerage should be rs 5.4 + 5.43 = 10.83 but it is 20 rs ( Ignoring stt and other xtra charges)

PLease confirm if the brokerage for the above trade for your side would be -

Turn over = 1000* 18 = 18000 = 1.8 rs ( buy - 0.01% brokerage)
1000*18.1 = 18100 = 1.81 rs ( sell - 0.01 % brokerage)

SO total brokerage on your side should be rs 1.8 + rs 1.81 = 3.61 rs (Ignoring stt and other xtra charges)

Best regards,
Sridhar

Hi,
I have few queries -
1)I have a demat account with geojit,can I use the same demat accont of geojit and trade with Zerodha.
2)I need small clarification regarding brokerage I unnderstood that the brokerage fees is Rs 20 per trade or 0.01 % which ever is lower.
Is this valid for both Intraday and Delivery or do you have other brokerage fees for delivery trading.
3) Is Tollfree custumer service is available.