Pricing Details

Tariff for Demat and Trading Account

There will be Zero Brokerage across all product segments (Equity, F&O and WealthBaskets) till June 30, 2024.

  1. Tariff for Trading Account (till June 30, 2024)

    ChargesAmount
    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 FeesZero 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


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

    Post the Free Brokerage Period the following Tariff will apply

    ChargesAmount
    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 FeesZero 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


    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 - FuturesF&O - Options
    Security Transaction Tax 0.1% on turnover 0.025% on sell turnover 0.0125% on the sell side 0.125% of the intrinsic value on options that are bought and exercised. 0.0625% on sell side (on premium).
    Exchange Transaction charges (NSE) 0.00322% of turnover 0.00322% of turnover 0.00188%0.0495% (on premium)
    Exchange Transaction charges (BSE) 0.00375% of turnover 0.00375% of turnover 00.005% (on premium)
    SEBI Turnover Fees 0.0001% of turnover 0.0001% of turnover 0.0001% of turnover0.0001% of turnover
    Stamp duty 0.015% on buy turnover 0.003% on buy turnover 0.002% on buy side 0.003% on buy side
    IPFT0.0001% of turnover 0.0001% of turnover 0.0001% of turnover 0.0005% of turnover

    Notes:

    1. Brokerage will not exceed the rates specified by SEBI and the Exchanges.
    2. ^ Valid till December 31, 2024.
    3. 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.
    4. Charges for other value added services will be applicable at the time of availing such service
    5. Fund transfer charge of ₹15 per transaction except for UPI transactions
    6. 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
    7. GST is applicable on all above charges except stamp charges
    8. 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.
    9. 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.
  2. Tariff for Demat Account

    DetailsCharges
    Stamp charges payable upfront for DDPI Nil
    Annual Maintenance Charges
    First Year Nil
    Second Year Onwards ₹15 per month charged quarterly in advance
    Transaction Charges : (Market Trades)
    Buy(Receive)Nil
    Sell (Debit) ₹13.50 per instruction per ISIN
    Transaction Charges : (Off-Market Trades)
    Buy(Receive)Nil
    Sell (Debit)0.04% or ₹50 whichever is higher
    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
    By Email Free
    Physical ₹100 per request
    Adhoc / Non-Periodic Statement Requests
    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:

    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.
    Annual 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.