Pricing
Charges Explained
Securities/Commodities transaction tax
Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.
When trading at KSL, STT/CTT can be a lot more than the brokerage we charge. Important to keep a tab.
Transaction/Turnover Charges
Charged by exchanges (NSE, BSE) on the value of your transactions.
BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to INR 10,000 per crore w.e.f 01.01.2016. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017)
BSE has revised transaction charges in SS and ST groups to INR 1,00,000 per crore of gross turnover.
BSE has revised transaction charges for group A, B and other non-exclusive scrips (non-exclusive scrips from group E, F, FC, G, GC, W, T) at INR 375 per crore of turnover on flat rate basis w.e.f. December 1, 2022.
Call & trade
Additional charges of INR 50 per order (+18% GST) for orders placed through a dealer at KSL including auto square off orders.
Stamp charges
Stamp charges by the Government of India as per the Indian Stamp Act of 1899 for transacting in instruments on the stock exchanges and depositories.
Account with debit balance
If the account is in debit balance, any order placed will be charged INR 50 per executed order.
GST
Tax levied by the government on the services rendered. 18% of (Brokerage + SEBI charges + transaction charges)
SEBI Charges
Charged at INR 10 per crore + GST by Securities and Exchange Board of India for regulating the markets.
DP (Depository participant) charges
INR 20 + GST per scrip (irrespective of quantity), on the day, is debited from the trading account when stocks are sold. This is charged by the depository (CDSL) and depository participant (KSL).
Pledging charges
INR 20 + GST per pledge request. INR 20 + GST for unpledging.
AMC (Account maintenance charges)
INR 2,000 / year + GST charged annually
Corporate action order charges
INR 20 plus GST will be charged for OFS / buyback / takeover / delisting orders placed through Console.
Off-market transfer charges
INR 50 or 0.05% of the transfer value (whichever is higher).
Physical CMR request
First CMR request is free. INR 20 + INR 100 (courier charge) + 18% GST for subsequent requests.
Payment gateway charges
INR 9 + GST (Not levied on transfers done via UPI)
Delayed Payment Charges
Interest is levied at 18% a year or 0.05% per day on the debit balance in your trading account.
KSL BROKERAGE PLANS
Experience flexible and reduced brokerage plans by KSL
Plans
Plan Charges (in.Rs) (per annum)
Cash Percentage
Margin / Futures Percentage
Options (per executed order)
Base Plan
NIL
0.50
0.050
50
Option 1
249
0.35
0.035
40
Option 2
499
0.25
0.025
35
Option 3
999
0.18
0.018
25
Option 4
1999
0.15
0.015
20
Option 5
2999
0.10
0.010
15
Note:
- 18% GST will be applicable on the Plan amount
- Brokerage of 0.15% shall be applicable additionally on Physical Delivery of Contracts irrespective of existing brokerage plan.
KSL PRE PAID BROKERAGE PLANS
Prepaid brokerage plan comes with a validity of 3 years. You can utilize the brokerage amount till it is exhausted up to 3 years.
Plans
Plan Charges (lifetime)
Cash Percentage
Margin/ Futures Percentage
Options (per executed order)
Option 1
20,000
0.07
0.07
10
Option 2
30,000
0.05
0.07
7
Option 3
50,000
0.03
0.03
5
For more information on KSL’s services, contact:
kslsales@kslindia.com / +91 9152800137
For more information on KSL’s services, contact:
Mumbai: Mr. Siraj Shaikh
siraj.shaikh@kslindia.com | +91 22 40767373 / +91 9820559716
Pune: Mr. Amol Wahikar
amol@kslindia.com | +91 20 66220300 / +91 9822913278