✦ Primary-Disclosed Fee Matrix
SAMCO Charges for Indian Overseas Bank
NSE: IOB · Last Close: ₹30.38 · Sector: EQ
Delivery Brokerage
₹20
KyaTrade & StockNote platforms with flat Rs 20 executed orders
Intraday Brokerage
₹20 flat
or 0.02% per executed order
Roundtrip 100 Shares
₹40.57
Includes STT, Exchange Fees, GST & DP
Breakeven Target
+0.41 pts
+1.35% share price move
EQUITY DELIVERY FEE BREAKDOWN
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 | ₹30.38 | ₹0.12 | ₹0.06 | ₹0.01 | ₹0.00 | ₹0.02 | ₹19.47 | ₹19.68 | +19.68 (64.78%) |
| 10 shares | ₹303.80 | ₹1.22 | ₹0.61 | ₹0.03 | ₹0.05 | ₹0.22 | ₹19.47 | ₹21.60 | +2.16 (7.11%) |
| 50 shares | ₹1,519.00 | ₹6.08 | ₹3.04 | ₹0.10 | ₹0.23 | ₹1.11 | ₹19.47 | ₹30.03 | +0.60 (1.97%) |
| 100 shares | ₹3,038.00 | ₹12.15 | ₹6.08 | ₹0.19 | ₹0.46 | ₹2.22 | ₹19.47 | ₹40.57 | +0.41 (1.35%) |
| 500 shares | ₹15,190.00 | ₹40.00 | ₹30.38 | ₹0.93 | ₹2.28 | ₹7.37 | ₹19.47 | ₹100.43 | +0.20 (0.66%) |
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 SCENARIO
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 | ₹30.38 | ₹0.01 | ₹0.01 | ₹0.01 | ₹0.00 | ₹0.00 | ₹0.03 | +0.03 (0.1%) |
| 10 shares | ₹303.80 | ₹0.12 | ₹0.08 | ₹0.03 | ₹0.01 | ₹0.03 | ₹0.27 | +0.03 (0.1%) |
| 50 shares | ₹1,519.00 | ₹0.61 | ₹0.38 | ₹0.10 | ₹0.05 | ₹0.13 | ₹1.27 | +0.03 (0.1%) |
| 100 shares | ₹3,038.00 | ₹1.22 | ₹0.76 | ₹0.19 | ₹0.09 | ₹0.25 | ₹2.51 | +0.03 (0.1%) |
| 500 shares | ₹15,190.00 | ₹6.08 | ₹3.80 | ₹0.93 | ₹0.46 | ₹1.26 | ₹12.53 | +0.03 (0.1%) |
PEER BENCHMARK
How SAMCO Compares to Alternatives (100 Shares of IOB)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs SAMCO |
|---|---|---|---|
| SAMCO (Selected) | ₹12.15 | ₹40.57 | — |
| Zerodha | ₹0.00 | ₹22.10 | -18.47 |
| Groww | ₹6.08 | ₹29.87 | -10.70 |
| Angel One | ₹6.08 | ₹37.54 | -3.03 |
| Dhan | ₹0.00 | ₹21.51 | -19.06 |
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Frequently Asked Questions
What is the brokerage for buying Indian Overseas Bank shares on SAMCO?
On SAMCO, equity delivery brokerage for Indian Overseas Bank is ₹20 flat. Intraday trades incur ₹20 or 0.02% per executed order.
How much STT and government tax is charged when buying Indian Overseas Bank?
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 IOB on SAMCO?
For an order of 100 shares of IOB at ₹30.38, the roundtrip transaction cost is ₹40.57, meaning the stock needs to rise by ₹0.41 (1.35%) to break even.