Upstox 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 | ₹0.05 | ₹0.05 | ₹0.01 | ₹0.00 | ₹0.01 | ₹21.83 | ₹21.95 | +21.95 (87.1%) |
| 10 shares | ₹252.00 | ₹0.50 | ₹0.50 | ₹0.02 | ₹0.04 | ₹0.09 | ₹21.83 | ₹22.98 | +2.30 (9.13%) |
| 50 shares | ₹1,260.00 | ₹2.52 | ₹2.52 | ₹0.08 | ₹0.19 | ₹0.47 | ₹21.83 | ₹27.61 | +0.55 (2.18%) |
| 100 shares | ₹2,520.00 | ₹5.04 | ₹5.04 | ₹0.16 | ₹0.38 | ₹0.94 | ₹21.83 | ₹33.39 | +0.33 (1.31%) |
| 500 shares | ₹12,600.00 | ₹25.20 | ₹25.20 | ₹0.78 | ₹1.89 | ₹4.68 | ₹21.83 | ₹79.58 | +0.16 (0.63%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹21.83 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 | ₹0.03 | ₹0.01 | ₹0.01 | ₹0.00 | ₹0.01 | ₹0.06 | +0.06 (0.24%) |
| 10 shares | ₹252.00 | ₹0.25 | ₹0.06 | ₹0.02 | ₹0.01 | ₹0.05 | ₹0.39 | +0.04 (0.16%) |
| 50 shares | ₹1,260.00 | ₹1.26 | ₹0.32 | ₹0.08 | ₹0.04 | ₹0.24 | ₹1.94 | +0.04 (0.16%) |
| 100 shares | ₹2,520.00 | ₹2.52 | ₹0.63 | ₹0.16 | ₹0.08 | ₹0.48 | ₹3.87 | +0.04 (0.16%) |
| 500 shares | ₹12,600.00 | ₹12.60 | ₹3.15 | ₹0.78 | ₹0.38 | ₹2.41 | ₹19.32 | +0.04 (0.16%) |
How Upstox Compares to Alternatives (100 Shares of INDBANK)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Upstox |
|---|---|---|---|
| Upstox (Selected) | ₹5.04 | ₹33.39 | — |
| Zerodha | ₹0.00 | ₹20.95 | -12.44 |
| Groww | ₹5.04 | ₹27.49 | -5.90 |
| Angel One | ₹5.04 | ₹35.16 | +1.77 |
| Dhan | ₹0.00 | ₹20.36 | -13.03 |
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Frequently Asked Questions
What is the brokerage for buying Indbank Merchant Banking Services Limited shares on Upstox?
On Upstox, equity delivery brokerage for Indbank Merchant Banking Services Limited is ₹20 flat. Intraday trades incur ₹20 or 0.05% 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 Upstox?
For an order of 100 shares of INDBANK at ₹25.20, the roundtrip transaction cost is ₹33.39, meaning the stock needs to rise by ₹0.33 (1.31%) to break even.