Pricing Details

Tariff for Trading and Demat Account

1. Tariff for Trading Account

   Charges	Amount
   Account Opening Charges	199 inclusive of GST (non refundable) with brokerage benefit of upto ₹400^*
   Equity Intraday	₹20 per executed order or 0.05% whichever is lower
   Equity Delivery	₹20 per executed order or 0.05% whichever is lower
   WealthBasket Platform Fees	Zero Platform fees for all WealthBaskets^
   Equity Delivery WealthBasket	Zero* per executed order
   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
   Security Transaction Tax	0.1% on turnover	0.025% on sell turnover
   Exchange Transaction charges (NSE)	0.00325% of turnover	0.00325% of turnover
   Exchange Transaction charges (BSE)	0.00375% of turnover	0.00375% of turnover
   SEBI Turnover Fees	0.0001% of turnover	0.0001% of turnover
   Stamp duty	0.015% on buy turnover	0.003% on buy turnover
   IPFT	0.0001% of turnover	0.0001% of turnover

   Notes:

   1. Brokerage will not exceed the rates specified by SEBI and the Exchanges
   2. * A flat nominal brokerage of 1 paisa per order will be charged
   3. ^ Valid till March 31, 2024.
   4. Clients who opt to receive Physical contract notes will be charged ₹50 per contract note
   5. Charges for other value added services will be applicable at the time of availing such service
   6. Fund transfer charge of ₹15 per transaction except for UPI transactions
   7. 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
   8. GST is applicable on all above charges except stamp charges
   9. 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. SEBI registered Investment Advisor: Quantech Capital Investment Advisors Pvt Ltd. SEBI registration number INA000017860; BASL membership ID 1985.

2. 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	₹35 per request
   Unpledge Request	₹35 per request
   Pledge invocation	₹35 per request
   Margin Pledge	₹35 per request
   Margin Unpledge	₹35 per request
   Margin Repledge	₹35 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, Bank details 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.