SBI Securities Charges for Life Insurance Corporation Of India
NSE: LICI · Last Close: ₹391.85 · 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 | ₹391.85 | ₹1.57 | ₹0.78 | ₹0.03 | ₹0.06 | ₹0.29 | ₹17.70 | ₹20.43 | +20.43 (5.21%) |
| 10 shares | ₹3,918.50 | ₹15.67 | ₹7.84 | ₹0.24 | ₹0.59 | ₹2.86 | ₹17.70 | ₹44.90 | +4.49 (1.15%) |
| 50 shares | ₹19,592.50 | ₹40.00 | ₹39.19 | ₹1.20 | ₹2.94 | ₹7.42 | ₹17.70 | ₹108.45 | +2.17 (0.55%) |
| 100 shares | ₹39,185.00 | ₹40.00 | ₹78.37 | ₹2.41 | ₹5.88 | ₹7.63 | ₹17.70 | ₹151.99 | +1.52 (0.39%) |
| 500 shares | ₹195,925.00 | ₹40.00 | ₹391.85 | ₹12.03 | ₹29.39 | ₹9.37 | ₹17.70 | ₹500.34 | +1.00 (0.26%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹17.70 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 | ₹391.85 | ₹0.16 | ₹0.10 | ₹0.03 | ₹0.01 | ₹0.03 | ₹0.33 | +0.33 (0.08%) |
| 10 shares | ₹3,918.50 | ₹1.57 | ₹0.98 | ₹0.24 | ₹0.12 | ₹0.33 | ₹3.24 | +0.32 (0.08%) |
| 50 shares | ₹19,592.50 | ₹7.84 | ₹4.90 | ₹1.20 | ₹0.59 | ₹1.63 | ₹16.16 | +0.32 (0.08%) |
| 100 shares | ₹39,185.00 | ₹15.67 | ₹9.80 | ₹2.41 | ₹1.18 | ₹3.25 | ₹32.31 | +0.32 (0.08%) |
| 500 shares | ₹195,925.00 | ₹40.00 | ₹48.98 | ₹12.03 | ₹5.88 | ₹9.37 | ₹116.26 | +0.23 (0.06%) |
How SBI Securities Compares to Alternatives (100 Shares of LICI)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs SBI Securities |
|---|---|---|---|
| SBI Securities (Selected) | ₹40.00 | ₹151.99 | — |
| Zerodha | ₹0.00 | ₹102.43 | -49.56 |
| Groww | ₹40.00 | ₹150.22 | -1.77 |
| Angel One | ₹40.00 | ₹157.89 | +5.90 |
| Dhan | ₹0.00 | ₹101.84 | -50.15 |
Ready to trade Life Insurance Corporation Of India?
Open an account with SBI Securities in 5 minutes with paperless e-KYC.
Frequently Asked Questions
What is the brokerage for buying Life Insurance Corporation Of India shares on SBI Securities?
On SBI Securities, equity delivery brokerage for Life Insurance Corporation Of India is ₹20 flat. Intraday trades incur ₹20 or 0.02% per executed order.
How much STT and government tax is charged when buying Life Insurance Corporation Of India?
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 LICI on SBI Securities?
For an order of 100 shares of LICI at ₹391.85, the roundtrip transaction cost is ₹151.99, meaning the stock needs to rise by ₹1.52 (0.39%) to break even.