HDFC Securities Charges for Indian Overseas Bank
NSE: IOB · Last Close: ₹30.38 · 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 | ₹30.38 | ₹0.30 | ₹0.06 | ₹0.01 | ₹0.00 | ₹0.06 | ₹23.60 | ₹24.03 | +24.03 (79.1%) |
| 10 shares | ₹303.80 | ₹3.04 | ₹0.61 | ₹0.03 | ₹0.05 | ₹0.55 | ₹23.60 | ₹27.88 | +2.79 (9.18%) |
| 50 shares | ₹1,519.00 | ₹15.19 | ₹3.04 | ₹0.10 | ₹0.23 | ₹2.75 | ₹23.60 | ₹44.91 | +0.90 (2.96%) |
| 100 shares | ₹3,038.00 | ₹30.38 | ₹6.08 | ₹0.19 | ₹0.46 | ₹5.50 | ₹23.60 | ₹66.21 | +0.66 (2.17%) |
| 500 shares | ₹15,190.00 | ₹40.00 | ₹30.38 | ₹0.93 | ₹2.28 | ₹7.37 | ₹23.60 | ₹104.56 | +0.21 (0.69%) |
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 | ₹30.38 | ₹0.03 | ₹0.01 | ₹0.01 | ₹0.00 | ₹0.01 | ₹0.06 | +0.06 (0.2%) |
| 10 shares | ₹303.80 | ₹0.30 | ₹0.08 | ₹0.03 | ₹0.01 | ₹0.06 | ₹0.48 | +0.05 (0.16%) |
| 50 shares | ₹1,519.00 | ₹1.52 | ₹0.38 | ₹0.10 | ₹0.05 | ₹0.29 | ₹2.34 | +0.05 (0.16%) |
| 100 shares | ₹3,038.00 | ₹3.04 | ₹0.76 | ₹0.19 | ₹0.09 | ₹0.58 | ₹4.66 | +0.05 (0.16%) |
| 500 shares | ₹15,190.00 | ₹15.19 | ₹3.80 | ₹0.93 | ₹0.46 | ₹2.90 | ₹23.28 | +0.05 (0.16%) |
How HDFC Securities Compares to Alternatives (100 Shares of IOB)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs HDFC Securities |
|---|---|---|---|
| HDFC Securities (Selected) | ₹30.38 | ₹66.21 | — |
| Zerodha | ₹0.00 | ₹22.10 | -44.11 |
| Groww | ₹6.08 | ₹29.87 | -36.34 |
| Angel One | ₹6.08 | ₹37.54 | -28.67 |
| Dhan | ₹0.00 | ₹21.51 | -44.70 |
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Frequently Asked Questions
What is the brokerage for buying Indian Overseas Bank shares on HDFC Securities?
On HDFC Securities, equity delivery brokerage for Indian Overseas 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 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 HDFC Securities?
For an order of 100 shares of IOB at ₹30.38, the roundtrip transaction cost is ₹66.21, meaning the stock needs to rise by ₹0.66 (2.17%) to break even.