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First Demat Brokerage Charges 2026
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Discount Broker Clients: 500 Since 2026 NSE · BSE · MCX
5/5
First Demat account opening & AMC charges
| Transaction | Fee |
|---|---|
| Trading account opening | ₹0 online; ₹500 offline |
| Trading account AMC | ₹0 |
| Demat account opening | ₹0 |
| Demat account AMC | ₹0 for the first year |
First Demat brokerage by segment
| Segment | Charge |
|---|---|
| Equity Delivery | 0.1% or ₹20 per executed order, whichever is lower |
| Equity Intraday | 0.1% or ₹20 per executed order, whichever is lower |
| Equity Futures | ₹20 per executed order |
| Equity Options | ₹20 per executed order |
| Call & Trade | ₹50 per trade |
| DP charges (per ISIN, sell) | ₹20 + GST per ISIN |
Note: The official pricing page lists flat ₹20 per executed order for equity futures and options. Brokerage is subject to the applicable tariff and regulatory limits. The published tariff also states that orders placed when an account is in debit balance may attract ₹50 per executed order instead of ₹20.
First Demat demat account charges
The demat account transactions are charged separately from the trading commission.
| # | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening | ₹0 online |
| 2 | Demat Account AMC | ₹0 for the first year; thereafter |
| 3 | DP Source | NSDL, through the intermediary identified in the official regulatory disclosure |
| 4 | DP ID | IN303921, as listed on the official website |
| 5 | DP Charges for Debit | ₹20 + GST per ISIN |
| 6 | Dematerialisation Charges | ₹20 per DRF + ₹3 per certificate |
| 7 | Rematerialisation Charges | ₹20 per 100 securities or part thereof, subject to a maximum of ₹5,000, or ₹20 per certificate, whichever is higher |
| 8 | Margin Pledge / Unpledged for Collateral | ₹25 + GST per transaction |
| 9 | Margin Pledged | ₹3 + GST per transaction, |
| 10 | Pledge Creation Confirmation | Not specified |
| 11 | Failed Instruction Charges | ₹20 per intimation per instruction |
| 12 | Advance Deposit | No |
| 13 | Other Charges | Refer to the latest official demat tariff |
First Demat transaction charges (exchange turnover charge)
A combination of exchange turnover charge and trade clearing charge, levied by the exchange and passed through.
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE: 0.00307% · BSE: 0.00375% |
| Equity Intraday | NSE: 0.00307% · BSE: 0.00375% |
| Equity Futures | NSE: 0.00183% · BSE: 0% |
| Equity Options | NSE: 0.03553% on premium · BSE: 0.0325% on premium |
| Currency Futures | Not specified |
| Currency Options | Not specified |
| Commodity | Current segment-wise rates not verified |
First Demat trading taxes & regulatory charges
Government taxes and fees in addition to the brokerage — shown in the contract note. Set by the government / regulator and identical across every Indian broker.
| Charge | Rate |
|---|---|
| Securities Transaction Tax (STT) — Equity Delivery | 0.1% on buy and sell sides, as stated in the supplied review |
| STT — Equity Intraday | 0.025% on sell side, as stated in the supplied review |
| STT — Equity Futures | Current rate should be verified against applicable regulations |
| STT — Equity Options | Current rate should be verified against applicable regulations |
| Exchange Transaction Charges | As per the applicable exchange and segment |
| GST | 18% on brokerage, transaction charges and applicable SEBI fees, according to the supplied review |
| SEBI Charges | ₹10 per crore of turnover |
| Stamp Duty | Delivery: 0.015% · Intraday: 0.003% · Equity futures: 0.002% · Equity options: 0.003% |
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Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.