Pricing Details

Tariff for Demat and Trading Account

There will be Zero Brokerage across all product segments (Equity, F&O and WealthBaskets) till 31 March, 2025 for demat accounts opened before 30th November, 2024. For demat accounts opened on or before 31st October,2024 - Zero brokerage across all segments is valid till 31st December,2024. Pledge / Unpledge charges for creating collateral limits are waived-off during the offer period.

Tariff for Trading Account till 31st December, 2024 (For demat accounts opened before October 31, 2024) & Tariff for Trading Account till 31st March, 2025 (For demat accounts opened between November 1, 2024 and November 30, 2024)

Charges	Amount
Equity Intraday	₹0 per executed order
Equity Delivery	₹0 per executed order
F&O - Futures	₹0 per executed order
F&O - Options	₹0 per executed order
WealthBasket Platform Fees	Zero Platform fees for all WealthBaskets
Equity Delivery WealthBasket	₹0 per executed stock order
RMS or Auto Square off charges	₹30 per executed order placed through RMS / Auto Square off intraday or otherwise by PPWB
Pledge / Unpledge charges for Collateral limits	waived off / refunded back

Any extensions in the above Free Brokerage period will be communicated in advance.

For Demat accounts opened after 30th Nov 2024
For Demat accounts opened before 31st October 2024, post the offer period ending on 31st Dec 2024
For Demat accounts opened between 1st-30th November, 2024, post the offer period ending on 31st March, 2025

The following Tarrif will apply:

Charges	Amount
Equity Intraday	₹20 per executed order or 0.05% whichever is lower
Equity Delivery	₹20 per executed order or 0.05% whichever is lower
F&O - Futures	₹20 per executed order
F&O - Options	₹20 per executed order
WealthBasket Platform Fees	Zero Platform fees for all WealthBaskets^
Equity Delivery WealthBasket	₹20 per executed stock order or 0.05% whichever is lower
RMS or Auto Square off charges	Additional ₹30 per executed order placed through RMS / Auto Square off intraday or otherwise by PPWB
Pledge / Unpledge charges for Collateral limits	Refer "Tariff for Demat Account" section

In addition to the brokerage, the following charges will be levied subject to change from time to time as per regulatory framework

Charge Head	Equity Delivery	Equity Intraday	F&O - Futures	F&O - Options
Securities Transaction Tax	0.1% on turnover	0.025% on sell turnover	0.02% on the sell side	0.10% on sell side (on premium). 0.125% of the intrinsic value on options that are bought and exercised.
Exchange Transaction charges (NSE)	0.00297% of turnover	0.00297% of turnover	0.00173% of turnover	0.03503% (on premium)
Exchange Transaction charges (BSE)	0.00375% of turnover	0.00375% of turnover	0	Sensex and Bankex Options (All Expiries) – 0.0325% (on premium) All other options- 0.005% (on premium)
SEBI Turnover Fees	0.0001% of turnover	0.0001% of turnover	0.0001% of turnover	0.0001% of turnover
Stamp duty	0.015% on buy turnover	0.003% on buy turnover	0.002% on buy side	0.003% on buy side
IPFT	0.0001% of turnover	0.0001% of turnover	0.0001% of turnover	0.0005% of premium

Notes:

Brokerage will not exceed the rates specified by SEBI and the Exchanges.
^ Valid till December 31, 2024, for accounts opened before 31st October, 2024 and valid till 31st March, 2025 for accounts opened after 31st October, 2024.
Clients who opt to receive Physical contract notes will be charged ₹50 per contract note. In case of ECN bounce Rs. 100 per contract note would be charged by debiting your ledger towards courier and handling charges.
Charges for other value added services will be applicable at the time of availing such service
Fund transfer charge of ₹15 per transaction except for UPI transactions
Interest will be levied at 18% per annum on the outstanding amount beyond settlement date till the date of payment and will be charged on daily basis
GST is applicable on all above charges except stamp charges
PPWB acts as a distributor of mutual funds and WealthBaskets curated by SEBI registered investment advisors and research analysts. Disputes with respect to the distribution activity would not have access to Exchange investor redressal or Arbitration mechanism.
Transaction/Turnover Charges for other segments :

BSE transaction charges in X, XT and Z groups to ₹10,000 per crore and group P and ZP groups to ₹1,00,000 per crore of gross turnover.

Tariff for Demat Account

Details

Charges

Stamp charges payable upfront for DDPI

Nil

Account Maintenance Charges (Regular Account, Non BSDA)

First Year

Nil

Second Year Onwards

As per the regular account ₹180 p.a i.e ₹45 per Quarter charged quarterly in advance

Account Maintenance Charges (BSDA)**

First Year

Nil

Second Year Onwards

Upto ₹4 lacs* - Nil
More than ₹4 lacs but upto ₹10 lacs - ₹100 per year i.e ₹25 per Quarter charged quarterly in advance
More than ₹10 lacs - As per the regular account ₹180 p.a i.e Rs 45 per Quarter charged quarterly in advance

Transaction Charges : (Market Trades)

Buy(Receive)

Nil

Sell (Debit)

₹13.25 per instruction per ISIN (Including CDSL charges of ₹ 3.25)^#

Transaction Charges : (Off-Market Trades)

Buy(Receive)

Nil

Sell (Debit)

0.04% or ₹50 whichever is higher (Including CDSL charges of ₹ 3.25)^#

Demat (Per certificate)

₹150 per certificate

Remat (Per certificate)

₹150 per certificate

Courier charges per Demat/Remat/CMR

₹100

Pledge Request

₹20 per request

Unpledge Request

₹20 per request

Pledge invocation

₹20 per request

Margin Pledge

₹20 per request

Margin Unpledge

₹20 per request

Margin Repledge

₹20 per request

Periodic Statement (Regular Account, Non BSDA)

By Email

Free

Physical

₹100 per request

Adhoc / Non-Periodic Statement Requests (Regular Account, Non BSDA)

By Email

₹50 per request

Physical

₹100 per request upto 10 pages, ₹5 per additional page

Delivery instruction

First Delivery Instruction Book

Free (10 Leaves)

Every Additional Booklet (10 Leaves)

₹100

Payment Bounce Charges

₹350

Failed Transactions

₹50 per ISIN

Modification in CML such as Email, mobile, Address and other profile details modification

₹100 per request

Note:

# CDSL charges of Rs 3.25 after considering a discount of Rs 0.25 for female demat account holder (as a first holder), MF and Bond ISINs.
* Value of Holdings in the Demat Account (Debt as well as other than debt securities combined)
** BSDA is based on the holding value and accounts with Depositories
If BSDA client requests for a physical statement, Rs 25 per statement will be applicable. All other on-market and off-market transactions related charges as mentioned above shall be applicable to BSDA.
For all purposes, the bill date shall be construed as the date demanded and the bills will be considered as the bill cum notice for payment.
PhonePe Wealth Broking Private Ltd. reserves the right to freeze depository accounts for debit transactions in case of non payment of charges after two days from the bill date.
The above tariff is subject to change.
Changes if any will be intimated 30 days in advance.
Account Maintenance Charge (AMC) is non refundable.
GST is applicable on all above charges except stamp charges.

Any instruction to PPWB to transfer securities from customer’s account shall be rejected by PPWB, if there is any debit balance or any unpaid amounts due as per this tariff sheet to PPWB.