✦ Primary-Disclosed Fee Matrix
Groww Charges for Bank of Maharashtra
NSE: MAHABANK · Last Close: ₹80.50 · Sector: EQ
Delivery Brokerage
₹20
Rs 20 or 0.1% flat, zero AMC Demat
Intraday Brokerage
₹20 flat
or 0.10% per executed order
Roundtrip 100 Shares
₹52.83
Includes STT, Exchange Fees, GST & DP
Breakeven Target
+0.53 pts
+0.66% 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 | ₹80.50 | ₹0.16 | ₹0.16 | ₹0.01 | ₹0.01 | ₹0.03 | ₹15.93 | ₹16.30 | +16.30 (20.25%) |
| 10 shares | ₹805.00 | ₹1.61 | ₹1.61 | ₹0.06 | ₹0.12 | ₹0.30 | ₹15.93 | ₹19.63 | +1.96 (2.43%) |
| 50 shares | ₹4,025.00 | ₹8.05 | ₹8.05 | ₹0.25 | ₹0.60 | ₹1.49 | ₹15.93 | ₹34.37 | +0.69 (0.86%) |
| 100 shares | ₹8,050.00 | ₹16.10 | ₹16.10 | ₹0.50 | ₹1.21 | ₹2.99 | ₹15.93 | ₹52.83 | +0.53 (0.66%) |
| 500 shares | ₹40,250.00 | ₹40.00 | ₹80.50 | ₹2.47 | ₹6.04 | ₹7.64 | ₹15.93 | ₹152.58 | +0.31 (0.39%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹15.93 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 | ₹80.50 | ₹0.16 | ₹0.02 | ₹0.01 | ₹0.00 | ₹0.03 | ₹0.22 | +0.22 (0.27%) |
| 10 shares | ₹805.00 | ₹1.61 | ₹0.20 | ₹0.06 | ₹0.02 | ₹0.30 | ₹2.19 | +0.22 (0.27%) |
| 50 shares | ₹4,025.00 | ₹8.05 | ₹1.01 | ₹0.25 | ₹0.12 | ₹1.49 | ₹10.92 | +0.22 (0.27%) |
| 100 shares | ₹8,050.00 | ₹16.10 | ₹2.01 | ₹0.50 | ₹0.24 | ₹2.99 | ₹21.84 | +0.22 (0.27%) |
| 500 shares | ₹40,250.00 | ₹40.00 | ₹10.06 | ₹2.47 | ₹1.21 | ₹7.64 | ₹61.38 | +0.12 (0.15%) |
PEER BENCHMARK
How Groww Compares to Alternatives (100 Shares of MAHABANK)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Groww |
|---|---|---|---|
| Groww (Selected) | ₹16.10 | ₹52.83 | — |
| Zerodha | ₹0.00 | ₹33.24 | -19.59 |
| Angel One | ₹16.10 | ₹60.50 | +7.67 |
| Dhan | ₹0.00 | ₹32.65 | -20.18 |
| ICICI Direct | ₹40.00 | ₹88.70 | +35.87 |
Ready to trade Bank of Maharashtra?
Open an account with Groww in 5 minutes with paperless e-KYC.
Frequently Asked Questions
What is the brokerage for buying Bank of Maharashtra shares on Groww?
On Groww, equity delivery brokerage for Bank of Maharashtra is ₹20 flat. Intraday trades incur ₹20 or 0.10% per executed order.
How much STT and government tax is charged when buying Bank of Maharashtra?
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 MAHABANK on Groww?
For an order of 100 shares of MAHABANK at ₹80.50, the roundtrip transaction cost is ₹52.83, meaning the stock needs to rise by ₹0.53 (0.66%) to break even.