Espresso Charges for Indbank Merchant Banking Services Limited
NSE: INDBANK · Last Close: ₹25.20 · Sector: EQ
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 | ₹25.20 | ₹0.05 | ₹0.05 | ₹0.01 | ₹0.00 | ₹0.01 | ₹18.88 | ₹19.00 | +19.00 (75.4%) |
| 10 shares | ₹252.00 | ₹0.50 | ₹0.50 | ₹0.02 | ₹0.04 | ₹0.09 | ₹18.88 | ₹20.03 | +2.00 (7.94%) |
| 50 shares | ₹1,260.00 | ₹2.52 | ₹2.52 | ₹0.08 | ₹0.19 | ₹0.47 | ₹18.88 | ₹24.66 | +0.49 (1.94%) |
| 100 shares | ₹2,520.00 | ₹5.04 | ₹5.04 | ₹0.16 | ₹0.38 | ₹0.94 | ₹18.88 | ₹30.44 | +0.30 (1.19%) |
| 500 shares | ₹12,600.00 | ₹25.20 | ₹25.20 | ₹0.78 | ₹1.89 | ₹4.68 | ₹18.88 | ₹76.63 | +0.15 (0.6%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹18.88 is levied on the sell-leg from Demat.
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 | ₹25.20 | ₹0.02 | ₹0.01 | ₹0.01 | ₹0.00 | ₹0.01 | ₹0.05 | +0.05 (0.2%) |
| 10 shares | ₹252.00 | ₹0.15 | ₹0.06 | ₹0.02 | ₹0.01 | ₹0.03 | ₹0.27 | +0.03 (0.12%) |
| 50 shares | ₹1,260.00 | ₹0.76 | ₹0.32 | ₹0.08 | ₹0.04 | ₹0.15 | ₹1.35 | +0.03 (0.12%) |
| 100 shares | ₹2,520.00 | ₹1.51 | ₹0.63 | ₹0.16 | ₹0.08 | ₹0.30 | ₹2.68 | +0.03 (0.12%) |
| 500 shares | ₹12,600.00 | ₹7.56 | ₹3.15 | ₹0.78 | ₹0.38 | ₹1.50 | ₹13.37 | +0.03 (0.12%) |
How Espresso Compares to Alternatives (100 Shares of INDBANK)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Espresso |
|---|---|---|---|
| Espresso (Selected) | ₹5.04 | ₹30.44 | — |
| Zerodha | ₹0.00 | ₹20.95 | -9.49 |
| Groww | ₹5.04 | ₹27.49 | -2.95 |
| Angel One | ₹5.04 | ₹35.16 | +4.72 |
| Dhan | ₹0.00 | ₹20.36 | -10.08 |
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Frequently Asked Questions
What is the brokerage for buying Indbank Merchant Banking Services Limited shares on Espresso?
On Espresso, equity delivery brokerage for Indbank Merchant Banking Services Limited is ₹20 flat. Intraday trades incur ₹20 or 0.03% per executed order.
How much STT and government tax is charged when buying Indbank Merchant Banking Services Limited?
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 INDBANK on Espresso?
For an order of 100 shares of INDBANK at ₹25.20, the roundtrip transaction cost is ₹30.44, meaning the stock needs to rise by ₹0.30 (1.19%) to break even.