Religare Broking 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 | ₹4.36 | ₹1.74 | ₹0.06 | ₹0.13 | ₹0.80 | ₹23.60 | ₹30.69 | +30.69 (3.52%) |
| 10 shares | ₹8,720.50 | ₹40.00 | ₹17.44 | ₹0.54 | ₹1.31 | ₹7.30 | ₹23.60 | ₹90.19 | +9.02 (1.03%) |
| 50 shares | ₹43,602.50 | ₹40.00 | ₹87.20 | ₹2.68 | ₹6.54 | ₹7.68 | ₹23.60 | ₹167.70 | +3.35 (0.38%) |
| 100 shares | ₹87,205.00 | ₹40.00 | ₹174.41 | ₹5.35 | ₹13.08 | ₹8.16 | ₹23.60 | ₹264.60 | +2.65 (0.3%) |
| 500 shares | ₹436,025.00 | ₹40.00 | ₹872.05 | ₹26.77 | ₹65.40 | ₹12.02 | ₹23.60 | ₹1039.84 | +2.08 (0.24%) |
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 | ₹872.05 | ₹0.44 | ₹0.22 | ₹0.06 | ₹0.03 | ₹0.09 | ₹0.84 | +0.84 (0.1%) |
| 10 shares | ₹8,720.50 | ₹4.36 | ₹2.18 | ₹0.54 | ₹0.26 | ₹0.88 | ₹8.22 | +0.82 (0.09%) |
| 50 shares | ₹43,602.50 | ₹21.80 | ₹10.90 | ₹2.68 | ₹1.31 | ₹4.41 | ₹41.10 | +0.82 (0.09%) |
| 100 shares | ₹87,205.00 | ₹40.00 | ₹21.80 | ₹5.35 | ₹2.62 | ₹8.16 | ₹77.93 | +0.78 (0.09%) |
| 500 shares | ₹436,025.00 | ₹40.00 | ₹109.01 | ₹26.77 | ₹13.08 | ₹12.02 | ₹200.88 | +0.40 (0.05%) |
How Religare Broking Compares to Alternatives (100 Shares of TMB)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Religare Broking |
|---|---|---|---|
| Religare Broking (Selected) | ₹40.00 | ₹264.60 | — |
| Zerodha | ₹0.00 | ₹209.14 | -55.46 |
| Groww | ₹40.00 | ₹256.93 | -7.67 |
| Angel One | ₹40.00 | ₹264.60 | 0.00 |
| Dhan | ₹0.00 | ₹208.55 | -56.05 |
Ready to trade Tamilnad Mercantile Bank Limited?
Open an account with Religare Broking in 5 minutes with paperless e-KYC.
Frequently Asked Questions
What is the brokerage for buying Tamilnad Mercantile Bank Limited shares on Religare Broking?
On Religare Broking, equity delivery brokerage for Tamilnad Mercantile Bank Limited is ₹20 flat. Intraday trades incur ₹20 or 0.03% 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 Religare Broking?
For an order of 100 shares of TMB at ₹872.05, the roundtrip transaction cost is ₹264.60, meaning the stock needs to rise by ₹2.65 (0.3%) to break even.