Groww Charges for The South Indian Bank Limited
NSE: SOUTHBANK · Last Close: ₹47.44 · 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 | ₹47.44 | ₹0.09 | ₹0.09 | ₹0.01 | ₹0.01 | ₹0.02 | ₹15.93 | ₹16.15 | +16.15 (34.04%) |
| 10 shares | ₹474.40 | ₹0.95 | ₹0.95 | ₹0.04 | ₹0.07 | ₹0.18 | ₹15.93 | ₹18.12 | +1.81 (3.82%) |
| 50 shares | ₹2,372.00 | ₹4.74 | ₹4.74 | ₹0.15 | ₹0.36 | ₹0.88 | ₹15.93 | ₹26.80 | +0.54 (1.14%) |
| 100 shares | ₹4,744.00 | ₹9.49 | ₹9.49 | ₹0.29 | ₹0.71 | ₹1.76 | ₹15.93 | ₹37.67 | +0.38 (0.8%) |
| 500 shares | ₹23,720.00 | ₹40.00 | ₹47.44 | ₹1.46 | ₹3.56 | ₹7.46 | ₹15.93 | ₹115.85 | +0.23 (0.48%) |
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 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 | ₹47.44 | ₹0.09 | ₹0.01 | ₹0.01 | ₹0.00 | ₹0.02 | ₹0.13 | +0.13 (0.27%) |
| 10 shares | ₹474.40 | ₹0.95 | ₹0.12 | ₹0.04 | ₹0.01 | ₹0.18 | ₹1.30 | +0.13 (0.27%) |
| 50 shares | ₹2,372.00 | ₹4.74 | ₹0.59 | ₹0.15 | ₹0.07 | ₹0.88 | ₹6.43 | +0.13 (0.27%) |
| 100 shares | ₹4,744.00 | ₹9.49 | ₹1.19 | ₹0.29 | ₹0.14 | ₹1.76 | ₹12.87 | +0.13 (0.27%) |
| 500 shares | ₹23,720.00 | ₹40.00 | ₹5.93 | ₹1.46 | ₹0.71 | ₹7.46 | ₹55.56 | +0.11 (0.23%) |
How Groww Compares to Alternatives (100 Shares of SOUTHBANK)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Groww |
|---|---|---|---|
| Groww (Selected) | ₹9.49 | ₹37.67 | — |
| Zerodha | ₹0.00 | ₹25.88 | -11.79 |
| Angel One | ₹9.49 | ₹45.34 | +7.67 |
| Dhan | ₹0.00 | ₹25.29 | -12.38 |
| ICICI Direct | ₹40.00 | ₹81.34 | +43.67 |
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Frequently Asked Questions
What is the brokerage for buying The South Indian Bank Limited shares on Groww?
On Groww, equity delivery brokerage for The South Indian Bank Limited is ₹20 flat. Intraday trades incur ₹20 or 0.10% per executed order.
How much STT and government tax is charged when buying The South Indian Bank 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 SOUTHBANK on Groww?
For an order of 100 shares of SOUTHBANK at ₹47.44, the roundtrip transaction cost is ₹37.67, meaning the stock needs to rise by ₹0.38 (0.8%) to break even.