Kotak 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 | ₹0.00 | ₹1.59 | ₹0.06 | ₹0.12 | ₹0.01 | ₹15.34 | ₹17.12 | +17.12 (2.16%) |
| 10 shares | ₹7,931.50 | ₹0.00 | ₹15.86 | ₹0.49 | ₹1.19 | ₹0.09 | ₹15.34 | ₹32.97 | +3.30 (0.42%) |
| 50 shares | ₹39,657.50 | ₹0.00 | ₹79.31 | ₹2.44 | ₹5.95 | ₹0.44 | ₹15.34 | ₹103.48 | +2.07 (0.26%) |
| 100 shares | ₹79,315.00 | ₹0.00 | ₹158.63 | ₹4.87 | ₹11.90 | ₹0.88 | ₹15.34 | ₹191.62 | +1.92 (0.24%) |
| 500 shares | ₹396,575.00 | ₹0.00 | ₹793.15 | ₹24.35 | ₹59.49 | ₹4.38 | ₹15.34 | ₹896.71 | +1.79 (0.23%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹15.34 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 | ₹0.00 | ₹0.20 | ₹0.06 | ₹0.02 | ₹0.01 | ₹0.29 | +0.29 (0.04%) |
| 10 shares | ₹7,931.50 | ₹0.00 | ₹1.98 | ₹0.49 | ₹0.24 | ₹0.09 | ₹2.80 | +0.28 (0.04%) |
| 50 shares | ₹39,657.50 | ₹0.00 | ₹9.91 | ₹2.44 | ₹1.19 | ₹0.44 | ₹13.98 | +0.28 (0.04%) |
| 100 shares | ₹79,315.00 | ₹0.00 | ₹19.83 | ₹4.87 | ₹2.38 | ₹0.88 | ₹27.96 | +0.28 (0.04%) |
| 500 shares | ₹396,575.00 | ₹0.00 | ₹99.14 | ₹24.35 | ₹11.90 | ₹4.38 | ₹139.77 | +0.28 (0.04%) |
How Kotak Securities Compares to Alternatives (100 Shares of INDIANB)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Kotak Securities |
|---|---|---|---|
| Kotak Securities (Selected) | ₹0.00 | ₹191.62 | — |
| Zerodha | ₹0.00 | ₹191.62 | 0.00 |
| Groww | ₹40.00 | ₹239.41 | +47.79 |
| Angel One | ₹40.00 | ₹247.08 | +55.46 |
| Dhan | ₹0.00 | ₹191.03 | -0.59 |
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Frequently Asked Questions
What is the brokerage for buying Indian Bank shares on Kotak Securities?
On Kotak Securities, equity delivery brokerage for Indian Bank is ₹0 (Zero Brokerage). Intraday trades incur ₹0 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 Kotak Securities?
For an order of 100 shares of INDIANB at ₹793.15, the roundtrip transaction cost is ₹191.62, meaning the stock needs to rise by ₹1.92 (0.24%) to break even.