As with any other service providers, Zerodha levies certain charges to the customers who avail its service. Some charges are to be paid only when you carry out buy/sell shares through them and some are fixed charges like AMC charges which you pay for maintaining the account.
In this post, we will provide you details of all the charges by Zerodha in 2024 at one place including segment wise brokerage charges, DP charges, charges for Mutual funds, fund transfer charges and many more.
List of Zerodha Charges
All Zerodha charges can be categorised into below group,
- Zerodha Account Opening Charges
- Zerodha Brokerage charges – For Each Segment
- Zerodha AMC Charges
- Zerodha DP Charges
- Zerodha Mutual Fund Charges
- Zerodha Fund Transfer Charges
- Zerodha Call and Trade Charges
- Zerodha Auto Square off charges
- Zerodha Smallcase charges
- Zerodha Value Added Service charges
Zerodha Account Opening Charges
- Demat and Trading Account Opening Charges : Rs200
- Commodity account opening charges (Optional): Rs 100
SaveRs200: you can save Rs200 by opening the account online. Use below Link to get discount of Rs 200.
Zerodha Account Maintenance Charges – AMC
Zerodha charges Rs75/quarter that is Rs300/year for maintaining you demat account.
There are certain brokers who does not charge AMC. But with them delivery brokerage is not free and they usually charges Rs20/trade.
So in long run one may end up paying more in an effort to save AMC charges.
Zerodha Segmentwise Brokerage Charges – 2024
Below section has the segmentwise brokerage charges of Zerodha.
Zerodha Brokerage Charges : Equity Delivery Segment
If you purchase shares and dont sell on same day, it is called delivery trade.
Zerodha charges 0% brokerage fee for equity delivery trades. This means that there is no brokerage charged for buying and holding shares in your demat account for more than one day.
Zerodha Brokerage Charges : Equity Intraday Segment
For equity intraday trades, Zerodha charges 0.03% or Rs. 20 per executed order (whichever is lower) . This means maximum brokerage a trader will be charged in Zerodha is capped at Rs20/executed order.
Here is the detailed information about Zerodha’s charges for equity intraday segment.
Zerodha Brokerage Charges : Equity Futures Segment
The brokerage charges of Zerodha for equity futures is same as that of intraday segment. However, the STT and turnover charges are less.
Here is the details of Zerodha’s charges for equity futures segment.
Zerodha Brokerage Charges : Equity Options Segment
Options traders benefit more by switching to Zerodha from a full service broker. This is because, where full service broker charges extra for every lot, Zerodha charges fixed charges for any number of lots.
Zerodha Brokerage Charges : Currency Futures Segment
In below table you can observe that there is no STT. That is because STT is not levied on Currency trading. And in India, trading against INR is allowed like USD/INR and GBP/INR etc. Cross currency like USD/GBP and GBP/JPY is not legal.
Below is the detailed brokerage charges of Zerodha for Currency Futures segment.
Zerodha Brokerage Charges : Currency Options Segment
Zerodha’s fees for Currency Options segment is shown in below table.
Zerodha Brokerage Charges : Commodity Futures Segment
It is almost same as that of equity futures segment. But there is classification for agri and non-agri commodities for turnover charges.
Zerodha Brokerage Charges : Commodity Options Segment
Below table shows the commission charges by Zerodha for Commodity Options segment.
Zerodha DP Charges
Every broker charges DP charges and it is applicable only when you sell shares from your demat account. It is not applicable when you buy shares or even for selling shares in intraday charges.
Zerodha charges Rs13.50 per day per scrip as DP charges.
That means, for any number of shares of a company sold, a fixed DP charge is levied. Even one sells one shares or 1000 shares, same DP charges is levied.
Zerodha Mutual Funds Charges
Zerodha allows investment in Mutual Funds through its platform called “Coin”. It is a platform through which users can buy mutual funds directly without giving any commission to mutual fund agents.
There is no charges for buying mutual funds through Coin but Zerodha charges 0.06% of total invested value for G-Sec, T-bills and SDLs
Zerodha Fund Transfer Charges
Zerodha provides various options for transferring funds from bank to trading account such as UPI, internet banking and IMPS. Funds will be available immediately for trading after the transfer.
While UPI and IMPS are free, Rs9 per transaction is charged as gateway charges if transferred through internet banking.
- IMPs : Free
- UPI : Free
- Internet Banking : Rs 9/transfer
In case of fund withdrawal to your bank account , there is no charged levied.
STT Charges of Zerodha
While Securities Transaction Charges is levied by the government , it is same for all stock brokers.
Zerodha STT Charges | Amount |
Equity Delivery | 0.1% on buy & sell |
Equity Intraday | 0.025% on the sell side |
F&O – Futures | 0.0125% on the sell side |
F&O – Options | 0.125% of the intrinsic value on options that are bought and exercised 0.0625% on sell side (on premium) |
Currency | No STT |
Commodity futures | 0.01% on sell side (Non-Agri) |
Commodity options | 0.05% on sell side |
Transaction Charges of Zerodha
This charges varies from broker to broker. Each broker charges some extra amount which he has to transfer to stock exchanges like NSE/BSE.
Zerodha Turnover Charges | Amount |
Equity Delivery | NSE: 0.00325% BSE: 0.00375% |
Equity Intraday | NSE: 0.00325% BSE: 0.00375% |
F&O – Futures | NSE: 0.0019% |
F&O – Options | NSE: 0.05% (on premium) |
Currency Futures | NSE: Exchange txn charge: 0.0009% BSE: Exchange txn charge: 0.00025% |
Currency Options | NSE: Exchange txn charge: 0.035% BSE: Exchange txn charge: 0.001% |
Commodity futures | Group A Exchange txn charge: 0.0026% Group B: Exchange txn charge: CASTORSEED – 0.0005% KAPAS – 0.0026% PEPPER – 0.00005% RBDPMOLEIN – 0.001% |
Commodity options | Exchange txn charge: 0.05% |
Zerodha Auto Square Off Charges
If you dont square off your positions in Intraday open positions, system will auto square off the open positions.
Rs 50 per order is charges for Auto Square off. It is to be noted that it is applicable only for intraday positions.
Auto sqare off happens at or after cut-off timings mentioned below.
Segment | Cut Off time |
Equity Intraday | 3.20PM |
Equity F&O | 3.25PM |
Currency F&O | 4.45PM |
Commodity F&O | 25 min before close |
Zerodha Call and Trade Charges
If you dont place your order by yourself through Zerodha Kite and call their helpline to place your order, it is called Call and trade.
For this Zerodha charges Rs50/ executed order. The charges are levied only if the order placed gets executed.
Zerodha Smallcase Charges
Smallcase is an optional service. You pay only if you use it.
Smallcase offers an innovative approach to investing in the stock market, providing retail investors with a convenient, hassle-free investment solution. It is a one-stop-shop for investors who want to invest in a specific list of stocks, sectors or themes with ease.
You will be charged Rs100 flat for every transaction as smallcase fee.
Or Rs10 in case of SIP in smallcase.
Zerodha Value Added Service Charges – Optional Service
These are the services which are optional. You can subscribe to them only you wish.
Service | Billing Frequency | Charges |
Tickertape | Monthly / Annual | Free: 0 | Pro: 249/2399 |
Smallcase | Per transaction | Buy & Invest More: 100 | SIP: 10 |
Sensibull | Monthly | Free: 0 | Lite: 800 | Pro: 1300 |
Streak | Monthly | Regular: 690 + GST | Ultimate: 1400 + GST |
Kite Connect | Monthly | Connect: 2000 | Historical: 2000 |
Frequently Asked Questions -FAQs
Q) Does Zerodha charges monthly?
A) No. There is no monthly plans in Zerodha. Also AMC charges are charged Rs75/quarter.
Q) Is Zerodha good for beginners?
A) Yes, Beginners are always advised to start in delivery segment and then into intraday and derivative segments. Since delivery segment is free in Zerodha, it is best for beginners.
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