Upstox Charges for Bank of Maharashtra
NSE: MAHABANK · Last Close: ₹80.50 · 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 | ₹80.50 | ₹0.16 | ₹0.16 | ₹0.01 | ₹0.01 | ₹0.03 | ₹21.83 | ₹22.20 | +22.20 (27.58%) |
| 10 shares | ₹805.00 | ₹1.61 | ₹1.61 | ₹0.06 | ₹0.12 | ₹0.30 | ₹21.83 | ₹25.53 | +2.55 (3.17%) |
| 50 shares | ₹4,025.00 | ₹8.05 | ₹8.05 | ₹0.25 | ₹0.60 | ₹1.49 | ₹21.83 | ₹40.27 | +0.81 (1.01%) |
| 100 shares | ₹8,050.00 | ₹16.10 | ₹16.10 | ₹0.50 | ₹1.21 | ₹2.99 | ₹21.83 | ₹58.73 | +0.59 (0.73%) |
| 500 shares | ₹40,250.00 | ₹40.00 | ₹80.50 | ₹2.47 | ₹6.04 | ₹7.64 | ₹21.83 | ₹158.48 | +0.32 (0.4%) |
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 | ₹80.50 | ₹0.08 | ₹0.02 | ₹0.01 | ₹0.00 | ₹0.02 | ₹0.13 | +0.13 (0.16%) |
| 10 shares | ₹805.00 | ₹0.81 | ₹0.20 | ₹0.06 | ₹0.02 | ₹0.16 | ₹1.25 | +0.12 (0.15%) |
| 50 shares | ₹4,025.00 | ₹4.03 | ₹1.01 | ₹0.25 | ₹0.12 | ₹0.77 | ₹6.18 | +0.12 (0.15%) |
| 100 shares | ₹8,050.00 | ₹8.05 | ₹2.01 | ₹0.50 | ₹0.24 | ₹1.54 | ₹12.34 | +0.12 (0.15%) |
| 500 shares | ₹40,250.00 | ₹40.00 | ₹10.06 | ₹2.47 | ₹1.21 | ₹7.64 | ₹61.38 | +0.12 (0.15%) |
How Upstox Compares to Alternatives (100 Shares of MAHABANK)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Upstox |
|---|---|---|---|
| Upstox (Selected) | ₹16.10 | ₹58.73 | — |
| Zerodha | ₹0.00 | ₹33.24 | -25.49 |
| Groww | ₹16.10 | ₹52.83 | -5.90 |
| Angel One | ₹16.10 | ₹60.50 | +1.77 |
| Dhan | ₹0.00 | ₹32.65 | -26.08 |
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Frequently Asked Questions
What is the brokerage for buying Bank of Maharashtra shares on Upstox?
On Upstox, equity delivery brokerage for Bank of Maharashtra is ₹20 flat. Intraday trades incur ₹20 or 0.05% per executed order.
How much STT and government tax is charged when buying Bank of Maharashtra?
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 MAHABANK on Upstox?
For an order of 100 shares of MAHABANK at ₹80.50, the roundtrip transaction cost is ₹58.73, meaning the stock needs to rise by ₹0.59 (0.73%) to break even.