SHAREKHAN:

 Year of Incorporation: 2000

Type: Full service broker

Complaints:

No. of clients:

Details of the brokerage plans:

Web default brokerage
For Intra-day Trades :-
0.1% on the buy side and 0.1% on the sell side. This is subject to a minimum brokerage of 5 paise per share. This means that if the share price you trade in is Rs 50/- or less, a minimum brokerage of 5 paise per share will be charged.

For Delivery Based Trades :-
0.5% on the buy side and 0.5% on the sell side. This is subject to a minimum brokerage of 10 paise per share. Minimum brokerage of 10 paise per share will be applicable when the share price is Rs 20/- or less.

Other DP charges of Rs 16/- per scrip will be applicable when the total traded value is Rs 3200/- or less in case of sell transaction.

Web default brokerage

For Index & Stock Futures: 0.10% of Trade Price

For Index & Stock Futures (Same day Sq. off) 0.10% of Trade Price on first Leg
0.02% of Trade Price on Second Leg

The Brokerage Charges are calculated as under: –

Intra-day trades: – 0.10% on the buy side and 0.10% on the sell side. This is subject to a minimum brokerage of 5 paise per share. This means that if the share price you trade in is Rs 50/- or less, a minimum brokerage of 5 paise per share will be charged.

For delivery based trades: – 0.50% or 10 paise per share. Minimum brokerage of 10 paise per share is applicable when the share price is Rs. 20/- or less and Delivery Handling Charges of Rs. 16/- per scrip will be applicable when the traded price is lesser than or equal to Rs 3,200/-

Note: Delivery Handling charges of Rs. 16/- will be applicable only on SELL Delivery Transactions.

F&O TRADES: – 0.10% on the first leg, 0.02% on the second leg if squared off on the same day and 0.10% if squared off on any other day.

Note: Brokerage on Options trades will now be charged on the Premium component instead of the Strike Price which was levied earlier. Brokerage will be charged as Rs. 100/- per lot or 2.5% on the premium (which ever is higher) as per the SEBI circular guidelines.

Min brokerage:

Intraday: min 5 paisa per share if the share price is below Rs. 50

Trading account opening charges: Nil

Demat account opening charges:  Nil

Trading Annual Maintenance Charges (AMC): Nil

Demat Annual Maintenance Charges (AMC): 400

Fund transfer:

Note: Sharekhan has a tie-up with 13 banks for online transfer of funds. These banks are HDFC, Citibank, IDBI Bank, Axis Bank, OBC, UBI, INDUSIND Bank, Yes bank, ICICI bank, Bank of India, State Bank of India and Centurion Bank of Punjab and DEUTSCHE Bank.

 Methods and tie ups with the banks

Payment processes (types): If you do not have account in the above banks then you can transfer the funds by Cheque, DD.

 Mobile App: Sharemobile

Trading software: TradeTiger and its features in detail

After market hours: 4 PM to 9 AM