HDFC Securities Charges for Indian Bank
NSE: INDIANB · Last Close: ₹793.15 · 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 | ₹793.15 | ₹7.93 | ₹1.59 | ₹0.06 | ₹0.12 | ₹1.44 | ₹23.60 | ₹34.74 | +34.74 (4.38%) |
| 10 shares | ₹7,931.50 | ₹40.00 | ₹15.86 | ₹0.49 | ₹1.19 | ₹7.29 | ₹23.60 | ₹88.43 | +8.84 (1.11%) |
| 50 shares | ₹39,657.50 | ₹40.00 | ₹79.31 | ₹2.44 | ₹5.95 | ₹7.64 | ₹23.60 | ₹158.94 | +3.18 (0.4%) |
| 100 shares | ₹79,315.00 | ₹40.00 | ₹158.63 | ₹4.87 | ₹11.90 | ₹8.08 | ₹23.60 | ₹247.08 | +2.47 (0.31%) |
| 500 shares | ₹396,575.00 | ₹40.00 | ₹793.15 | ₹24.35 | ₹59.49 | ₹11.58 | ₹23.60 | ₹952.17 | +1.90 (0.24%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹23.60 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 | ₹793.15 | ₹0.79 | ₹0.20 | ₹0.06 | ₹0.02 | ₹0.15 | ₹1.22 | +1.22 (0.15%) |
| 10 shares | ₹7,931.50 | ₹7.93 | ₹1.98 | ₹0.49 | ₹0.24 | ₹1.52 | ₹12.16 | +1.22 (0.15%) |
| 50 shares | ₹39,657.50 | ₹39.66 | ₹9.91 | ₹2.44 | ₹1.19 | ₹7.58 | ₹60.78 | +1.22 (0.15%) |
| 100 shares | ₹79,315.00 | ₹40.00 | ₹19.83 | ₹4.87 | ₹2.38 | ₹8.08 | ₹75.16 | +0.75 (0.09%) |
| 500 shares | ₹396,575.00 | ₹40.00 | ₹99.14 | ₹24.35 | ₹11.90 | ₹11.58 | ₹186.97 | +0.37 (0.05%) |
How HDFC Securities Compares to Alternatives (100 Shares of INDIANB)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs HDFC Securities |
|---|---|---|---|
| HDFC Securities (Selected) | ₹40.00 | ₹247.08 | — |
| Zerodha | ₹0.00 | ₹191.62 | -55.46 |
| Groww | ₹40.00 | ₹239.41 | -7.67 |
| Angel One | ₹40.00 | ₹247.08 | 0.00 |
| Dhan | ₹0.00 | ₹191.03 | -56.05 |
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Frequently Asked Questions
What is the brokerage for buying Indian Bank shares on HDFC Securities?
On HDFC Securities, equity delivery brokerage for Indian Bank is ₹20 flat. Intraday trades incur ₹20 or 0.05% per executed order.
How much STT and government tax is charged when buying Indian 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 INDIANB on HDFC Securities?
For an order of 100 shares of INDIANB at ₹793.15, the roundtrip transaction cost is ₹247.08, meaning the stock needs to rise by ₹2.47 (0.31%) to break even.