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Pricing Details

Tariff for Demat and Trading Account

  1. For Demat accounts opened after 15th Feb, 2025 &
    For Demat accounts opened on or before 15th Feb, 2025 post the offer period ending on 31st March, 2025;
    the following Tarrif will apply:

    ChargesAmount
    Equity Intraday₹20 per executed order or 0.1% whichever is lower with a minimum charge of ₹2*
    Equity Delivery₹20 per executed order or 0.1% whichever is lower with a minimum charge of ₹2*
    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 order or 0.1% whichever is lower with a minimum charge of ₹2*
    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 limitsRefer "Tariff for Demat Account" section

    Tariff for Trading Account till 31st March, 2025 for demat accounts opened on or before February 15, 2025:

    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
    Pledge / Unpledge charges for Collateral limitsRefer "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 - FuturesF&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 turnover0.03503% (on premium)
    Exchange Transaction charges (BSE) 0.00375% of turnover 0.00375% of turnover 0Sensex 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 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 premium

    Notes:

    1. *Brokerage will not exceed the rates specified by SEBI and the Exchanges. The above tariff is subject to change. Changes if any will be intimated 30 days in advance.
    2. ^ Valid till 31 December, 2025
    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. Disputes with respect to the distribution activity would not have access to Exchange investor redressal or Arbitration mechanism.
    9. PPWB as a SEBI registered research analyst provides WealthBaskets.
    10. 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
    Account Maintenance Charges (Regular Account, Non BSDA)
    Individuals Nil
    Account Maintenance Charges (BSDA)**
    Individuals Nil
    Transaction Charges : (Market Trades) - For Accounts opened after 15th Feb 2025
    Buy(Receive)Nil
    Sell (Debit)
    • ₹18.50 per instruction per ISIN (includes CDSL charges of ₹3.25)#
    • ₹3.50 per instruction per ISIN for transaction value* less than ₹100 (includes CDSL charges of ₹3.25)#
    Transaction Charges : (Market Trades) - For Accounts opened on or before 15th Feb 2025.
    Buy(Receive)Nil
    Sell (Debit)Charges till 15th March 2025
    ₹13.25 per instruction per ISIN (Including CDSL charges of ₹ 3.25)#

    Charges after 15th March 2025
    • ₹18.50 per instruction per ISIN (includes CDSL charges of ₹3.25)#
    • ₹3.50 per instruction per ISIN for transaction value* less than ₹100 (includes 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 Charges : For Accounts opened after 15th Feb 2025
    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
    Pledge Charges : For Accounts opened on & before 15th Feb 2025
    Pledge Request ₹20 per request
    Unpledge Request ₹20 per request
    Pledge invocation ₹20 per request
    Margin Pledge
    • Charges till 15th March 2025: 0
    • Charges after 15th March 2025: ₹20 per request
    Margin Unpledge
    • Charges till 15th March 2025: 0
    • Charges after 15th March 2025: ₹20 per request
    Margin Repledge
    • Charges till 15th March 2025: 0
    • Charges after 15th March 2025: ₹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.
    * Transaction value is based on the closing price of the instrument.
    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.