✦ Primary-Disclosed Fee Matrix
Dhan Charges for Indian Overseas Bank
NSE: IOB · Last Close: ₹30.38 · Sector: EQ
Delivery Brokerage
₹0 (Zero)
Free delivery, Rs 20 intraday, zero AMC
Intraday Brokerage
₹20 flat
or 0.03% per executed order
Roundtrip 100 Shares
₹21.51
Includes STT, Exchange Fees, GST & DP
Breakeven Target
+0.22 pts
+0.72% share price move
EQUITY DELIVERY FEE BREAKDOWN
Exact Delivery Cost by Order Quantity (Roundtrip)
| Quantity | Trade Value | Brokerage | STT (0.1%) | Exch+SEBI | Stamp Duty | GST (18%) | DP Fee | Total Cost | Breakeven |
|---|---|---|---|---|---|---|---|---|---|
| 1 share | ₹30.38 | ₹0.00 | ₹0.06 | ₹0.01 | ₹0.00 | ₹0.00 | ₹14.75 | ₹14.82 | +14.82 (48.78%) |
| 10 shares | ₹303.80 | ₹0.00 | ₹0.61 | ₹0.03 | ₹0.05 | ₹0.01 | ₹14.75 | ₹15.45 | +1.54 (5.07%) |
| 50 shares | ₹1,519.00 | ₹0.00 | ₹3.04 | ₹0.10 | ₹0.23 | ₹0.02 | ₹14.75 | ₹18.14 | +0.36 (1.18%) |
| 100 shares | ₹3,038.00 | ₹0.00 | ₹6.08 | ₹0.19 | ₹0.46 | ₹0.03 | ₹14.75 | ₹21.51 | +0.22 (0.72%) |
| 500 shares | ₹15,190.00 | ₹0.00 | ₹30.38 | ₹0.93 | ₹2.28 | ₹0.17 | ₹14.75 | ₹48.51 | +0.10 (0.33%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹14.75 is levied on the sell-leg from Demat.
INTRADAY SCENARIO
Intraday Buy & Sell Charges (Square-Off Same Day)
| Quantity | Trade Value | Brokerage | STT (0.025%) | Exch+SEBI | Stamp Duty | GST (18%) | Total Cost | Breakeven |
|---|---|---|---|---|---|---|---|---|
| 1 share | ₹30.38 | ₹0.02 | ₹0.01 | ₹0.01 | ₹0.00 | ₹0.01 | ₹0.05 | +0.05 (0.16%) |
| 10 shares | ₹303.80 | ₹0.18 | ₹0.08 | ₹0.03 | ₹0.01 | ₹0.04 | ₹0.34 | +0.03 (0.1%) |
| 50 shares | ₹1,519.00 | ₹0.91 | ₹0.38 | ₹0.10 | ₹0.05 | ₹0.18 | ₹1.62 | +0.03 (0.1%) |
| 100 shares | ₹3,038.00 | ₹1.82 | ₹0.76 | ₹0.19 | ₹0.09 | ₹0.36 | ₹3.22 | +0.03 (0.1%) |
| 500 shares | ₹15,190.00 | ₹9.11 | ₹3.80 | ₹0.93 | ₹0.46 | ₹1.81 | ₹16.11 | +0.03 (0.1%) |
PEER BENCHMARK
How Dhan Compares to Alternatives (100 Shares of IOB)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Dhan |
|---|---|---|---|
| Dhan (Selected) | ₹0.00 | ₹21.51 | — |
| Zerodha | ₹0.00 | ₹22.10 | +0.59 |
| Groww | ₹6.08 | ₹29.87 | +8.36 |
| Angel One | ₹6.08 | ₹37.54 | +16.03 |
| ICICI Direct | ₹33.42 | ₹69.80 | +48.29 |
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Frequently Asked Questions
What is the brokerage for buying Indian Overseas Bank shares on Dhan?
On Dhan, equity delivery brokerage for Indian Overseas Bank is ₹0 (Zero Brokerage). Intraday trades incur ₹20 or 0.03% per executed order.
How much STT and government tax is charged when buying Indian Overseas Bank?
Statutory taxes include 0.1% Securities Transaction Tax (STT) on buy and sell for delivery, 0.00297% NSE exchange turnover charges, 0.0001% SEBI turnover fees, 0.015% stamp duty on buy, and 18% GST on non-tax services.
What is the breakeven price movement required for IOB on Dhan?
For an order of 100 shares of IOB at ₹30.38, the roundtrip transaction cost is ₹21.51, meaning the stock needs to rise by ₹0.22 (0.72%) to break even.