Pricing Details
Tariff for Demat and Trading Account
There will be Zero Brokerage across all product segments (Equity, F&O and WealthBakets) till June 30, 2024 instead of below brokerage.
Tariff for Trading Account
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 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 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 0 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 turnover Notes:
- Brokerage will not exceed the rates specified by SEBI and the Exchanges.
- ^ Valid till June 30, 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 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.