SAMCO Charges for Indbank Merchant Banking Services Limited
NSE: INDBANK · Last Close: ₹25.20 · 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 | ₹25.20 | ₹0.10 | ₹0.05 | ₹0.01 | ₹0.00 | ₹0.02 | ₹19.47 | ₹19.65 | +19.65 (77.98%) |
| 10 shares | ₹252.00 | ₹1.01 | ₹0.50 | ₹0.02 | ₹0.04 | ₹0.19 | ₹19.47 | ₹21.23 | +2.12 (8.41%) |
| 50 shares | ₹1,260.00 | ₹5.04 | ₹2.52 | ₹0.08 | ₹0.19 | ₹0.92 | ₹19.47 | ₹28.22 | +0.56 (2.22%) |
| 100 shares | ₹2,520.00 | ₹10.08 | ₹5.04 | ₹0.16 | ₹0.38 | ₹1.84 | ₹19.47 | ₹36.97 | +0.37 (1.47%) |
| 500 shares | ₹12,600.00 | ₹40.00 | ₹25.20 | ₹0.78 | ₹1.89 | ₹7.34 | ₹19.47 | ₹94.68 | +0.19 (0.75%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹19.47 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 | ₹25.20 | ₹0.01 | ₹0.01 | ₹0.01 | ₹0.00 | ₹0.00 | ₹0.03 | +0.03 (0.12%) |
| 10 shares | ₹252.00 | ₹0.10 | ₹0.06 | ₹0.02 | ₹0.01 | ₹0.02 | ₹0.21 | +0.02 (0.08%) |
| 50 shares | ₹1,260.00 | ₹0.50 | ₹0.32 | ₹0.08 | ₹0.04 | ₹0.10 | ₹1.04 | +0.02 (0.08%) |
| 100 shares | ₹2,520.00 | ₹1.01 | ₹0.63 | ₹0.16 | ₹0.08 | ₹0.21 | ₹2.09 | +0.02 (0.08%) |
| 500 shares | ₹12,600.00 | ₹5.04 | ₹3.15 | ₹0.78 | ₹0.38 | ₹1.05 | ₹10.40 | +0.02 (0.08%) |
How SAMCO Compares to Alternatives (100 Shares of INDBANK)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs SAMCO |
|---|---|---|---|
| SAMCO (Selected) | ₹10.08 | ₹36.97 | — |
| Zerodha | ₹0.00 | ₹20.95 | -16.02 |
| Groww | ₹5.04 | ₹27.49 | -9.48 |
| Angel One | ₹5.04 | ₹35.16 | -1.81 |
| Dhan | ₹0.00 | ₹20.36 | -16.61 |
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Frequently Asked Questions
What is the brokerage for buying Indbank Merchant Banking Services Limited shares on SAMCO?
On SAMCO, equity delivery brokerage for Indbank Merchant Banking Services Limited is ₹20 flat. Intraday trades incur ₹20 or 0.02% per executed order.
How much STT and government tax is charged when buying Indbank Merchant Banking Services 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 INDBANK on SAMCO?
For an order of 100 shares of INDBANK at ₹25.20, the roundtrip transaction cost is ₹36.97, meaning the stock needs to rise by ₹0.37 (1.47%) to break even.