ProStocks 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 | ₹10.62 | ₹12.56 | +12.56 (1.44%) |
| 10 shares | ₹8,720.50 | ₹0.00 | ₹17.44 | ₹0.54 | ₹1.31 | ₹0.10 | ₹10.62 | ₹30.01 | +3.00 (0.34%) |
| 50 shares | ₹43,602.50 | ₹0.00 | ₹87.20 | ₹2.68 | ₹6.54 | ₹0.48 | ₹10.62 | ₹107.52 | +2.15 (0.25%) |
| 100 shares | ₹87,205.00 | ₹0.00 | ₹174.41 | ₹5.35 | ₹13.08 | ₹0.96 | ₹10.62 | ₹204.42 | +2.04 (0.23%) |
| 500 shares | ₹436,025.00 | ₹0.00 | ₹872.05 | ₹26.77 | ₹65.40 | ₹4.82 | ₹10.62 | ₹979.66 | +1.96 (0.22%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹10.62 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 | ₹0.35 | ₹0.22 | ₹0.06 | ₹0.03 | ₹0.07 | ₹0.73 | +0.73 (0.08%) |
| 10 shares | ₹8,720.50 | ₹3.49 | ₹2.18 | ₹0.54 | ₹0.26 | ₹0.73 | ₹7.20 | +0.72 (0.08%) |
| 50 shares | ₹43,602.50 | ₹14.00 | ₹10.90 | ₹2.68 | ₹1.31 | ₹3.00 | ₹31.89 | +0.64 (0.07%) |
| 100 shares | ₹87,205.00 | ₹14.00 | ₹21.80 | ₹5.35 | ₹2.62 | ₹3.48 | ₹47.25 | +0.47 (0.05%) |
| 500 shares | ₹436,025.00 | ₹14.00 | ₹109.01 | ₹26.77 | ₹13.08 | ₹7.34 | ₹170.20 | +0.34 (0.04%) |
How ProStocks Compares to Alternatives (100 Shares of TMB)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs ProStocks |
|---|---|---|---|
| ProStocks (Selected) | ₹0.00 | ₹204.42 | — |
| Zerodha | ₹0.00 | ₹209.14 | +4.72 |
| Groww | ₹40.00 | ₹256.93 | +52.51 |
| Angel One | ₹40.00 | ₹264.60 | +60.18 |
| Dhan | ₹0.00 | ₹208.55 | +4.13 |
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Frequently Asked Questions
What is the brokerage for buying Tamilnad Mercantile Bank Limited shares on ProStocks?
On ProStocks, equity delivery brokerage for Tamilnad Mercantile Bank Limited is ₹0 (Zero Brokerage). Intraday trades incur ₹7 or 0.02% 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 ProStocks?
For an order of 100 shares of TMB at ₹872.05, the roundtrip transaction cost is ₹204.42, meaning the stock needs to rise by ₹2.04 (0.23%) to break even.