Kotak Securities Charges for State Bank of India
NSE: SBIN · Last Close: ₹954.10 · 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 | ₹954.10 | ₹0.00 | ₹1.91 | ₹0.07 | ₹0.14 | ₹0.01 | ₹15.34 | ₹17.47 | +17.47 (1.83%) |
| 10 shares | ₹9,541.00 | ₹0.00 | ₹19.08 | ₹0.59 | ₹1.43 | ₹0.11 | ₹15.34 | ₹36.55 | +3.65 (0.38%) |
| 50 shares | ₹47,705.00 | ₹0.00 | ₹95.41 | ₹2.93 | ₹7.16 | ₹0.53 | ₹15.34 | ₹121.37 | +2.43 (0.25%) |
| 100 shares | ₹95,410.00 | ₹0.00 | ₹190.82 | ₹5.86 | ₹14.31 | ₹1.05 | ₹15.34 | ₹227.38 | +2.27 (0.24%) |
| 500 shares | ₹477,050.00 | ₹0.00 | ₹954.10 | ₹29.29 | ₹71.56 | ₹5.27 | ₹15.34 | ₹1075.56 | +2.15 (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 | ₹954.10 | ₹0.00 | ₹0.24 | ₹0.07 | ₹0.03 | ₹0.01 | ₹0.35 | +0.35 (0.04%) |
| 10 shares | ₹9,541.00 | ₹0.00 | ₹2.39 | ₹0.59 | ₹0.29 | ₹0.11 | ₹3.38 | +0.34 (0.04%) |
| 50 shares | ₹47,705.00 | ₹0.00 | ₹11.93 | ₹2.93 | ₹1.43 | ₹0.53 | ₹16.82 | +0.34 (0.04%) |
| 100 shares | ₹95,410.00 | ₹0.00 | ₹23.85 | ₹5.86 | ₹2.86 | ₹1.05 | ₹33.62 | +0.34 (0.04%) |
| 500 shares | ₹477,050.00 | ₹0.00 | ₹119.26 | ₹29.29 | ₹14.31 | ₹5.27 | ₹168.13 | +0.34 (0.04%) |
How Kotak Securities Compares to Alternatives (100 Shares of SBIN)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Kotak Securities |
|---|---|---|---|
| Kotak Securities (Selected) | ₹0.00 | ₹227.38 | — |
| Zerodha | ₹0.00 | ₹227.38 | 0.00 |
| Groww | ₹40.00 | ₹275.17 | +47.79 |
| Angel One | ₹40.00 | ₹282.84 | +55.46 |
| Dhan | ₹0.00 | ₹226.79 | -0.59 |
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Frequently Asked Questions
What is the brokerage for buying State Bank of India shares on Kotak Securities?
On Kotak Securities, equity delivery brokerage for State Bank of India is ₹0 (Zero Brokerage). Intraday trades incur ₹0 per executed order.
How much STT and government tax is charged when buying State Bank of India?
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 SBIN on Kotak Securities?
For an order of 100 shares of SBIN at ₹954.10, the roundtrip transaction cost is ₹227.38, meaning the stock needs to rise by ₹2.27 (0.24%) to break even.