Swastika Investmart Charges for Indian Overseas Bank
NSE: IOB · Last Close: ₹30.38 · 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 | ₹30.38 | ₹0.12 | ₹0.06 | ₹0.01 | ₹0.00 | ₹0.02 | ₹20.65 | ₹20.86 | +20.86 (68.66%) |
| 10 shares | ₹303.80 | ₹1.22 | ₹0.61 | ₹0.03 | ₹0.05 | ₹0.22 | ₹20.65 | ₹22.78 | +2.28 (7.5%) |
| 50 shares | ₹1,519.00 | ₹6.08 | ₹3.04 | ₹0.10 | ₹0.23 | ₹1.11 | ₹20.65 | ₹31.21 | +0.62 (2.04%) |
| 100 shares | ₹3,038.00 | ₹12.15 | ₹6.08 | ₹0.19 | ₹0.46 | ₹2.22 | ₹20.65 | ₹41.75 | +0.42 (1.38%) |
| 500 shares | ₹15,190.00 | ₹40.00 | ₹30.38 | ₹0.93 | ₹2.28 | ₹7.37 | ₹20.65 | ₹101.61 | +0.20 (0.66%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹20.65 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 | ₹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%) |
How Swastika Investmart Compares to Alternatives (100 Shares of IOB)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Swastika Investmart |
|---|---|---|---|
| Swastika Investmart (Selected) | ₹12.15 | ₹41.75 | — |
| Zerodha | ₹0.00 | ₹22.10 | -19.65 |
| Groww | ₹6.08 | ₹29.87 | -11.88 |
| Angel One | ₹6.08 | ₹37.54 | -4.21 |
| Dhan | ₹0.00 | ₹21.51 | -20.24 |
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Frequently Asked Questions
What is the brokerage for buying Indian Overseas Bank shares on Swastika Investmart?
On Swastika Investmart, 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 Swastika Investmart?
For an order of 100 shares of IOB at ₹30.38, the roundtrip transaction cost is ₹41.75, meaning the stock needs to rise by ₹0.42 (1.38%) to break even.