Kotak Securities Charges for Tamilnad Mercantile Bank Limited
NSE: TMB · Last Close: ₹872.05 · 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 | ₹872.05 | ₹0.00 | ₹1.74 | ₹0.06 | ₹0.13 | ₹0.01 | ₹15.34 | ₹17.28 | +17.28 (1.98%) |
| 10 shares | ₹8,720.50 | ₹0.00 | ₹17.44 | ₹0.54 | ₹1.31 | ₹0.10 | ₹15.34 | ₹34.73 | +3.47 (0.4%) |
| 50 shares | ₹43,602.50 | ₹0.00 | ₹87.20 | ₹2.68 | ₹6.54 | ₹0.48 | ₹15.34 | ₹112.24 | +2.24 (0.26%) |
| 100 shares | ₹87,205.00 | ₹0.00 | ₹174.41 | ₹5.35 | ₹13.08 | ₹0.96 | ₹15.34 | ₹209.14 | +2.09 (0.24%) |
| 500 shares | ₹436,025.00 | ₹0.00 | ₹872.05 | ₹26.77 | ₹65.40 | ₹4.82 | ₹15.34 | ₹984.38 | +1.97 (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 | ₹872.05 | ₹0.00 | ₹0.22 | ₹0.06 | ₹0.03 | ₹0.01 | ₹0.32 | +0.32 (0.04%) |
| 10 shares | ₹8,720.50 | ₹0.00 | ₹2.18 | ₹0.54 | ₹0.26 | ₹0.10 | ₹3.08 | +0.31 (0.04%) |
| 50 shares | ₹43,602.50 | ₹0.00 | ₹10.90 | ₹2.68 | ₹1.31 | ₹0.48 | ₹15.37 | +0.31 (0.04%) |
| 100 shares | ₹87,205.00 | ₹0.00 | ₹21.80 | ₹5.35 | ₹2.62 | ₹0.96 | ₹30.73 | +0.31 (0.04%) |
| 500 shares | ₹436,025.00 | ₹0.00 | ₹109.01 | ₹26.77 | ₹13.08 | ₹4.82 | ₹153.68 | +0.31 (0.04%) |
How Kotak Securities Compares to Alternatives (100 Shares of TMB)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Kotak Securities |
|---|---|---|---|
| Kotak Securities (Selected) | ₹0.00 | ₹209.14 | — |
| Zerodha | ₹0.00 | ₹209.14 | 0.00 |
| Groww | ₹40.00 | ₹256.93 | +47.79 |
| Angel One | ₹40.00 | ₹264.60 | +55.46 |
| Dhan | ₹0.00 | ₹208.55 | -0.59 |
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Frequently Asked Questions
What is the brokerage for buying Tamilnad Mercantile Bank Limited shares on Kotak Securities?
On Kotak Securities, equity delivery brokerage for Tamilnad Mercantile Bank Limited is ₹0 (Zero Brokerage). Intraday trades incur ₹0 per executed order.
How much STT and government tax is charged when buying Tamilnad Mercantile 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 TMB on Kotak Securities?
For an order of 100 shares of TMB at ₹872.05, the roundtrip transaction cost is ₹209.14, meaning the stock needs to rise by ₹2.09 (0.24%) to break even.