Upstox Charges for Tamilnad Mercantile Bank Limited
NSE: TMB · Last Close: ₹872.05 · 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 | ₹872.05 | ₹1.74 | ₹1.74 | ₹0.06 | ₹0.13 | ₹0.32 | ₹21.83 | ₹25.82 | +25.82 (2.96%) |
| 10 shares | ₹8,720.50 | ₹17.44 | ₹17.44 | ₹0.54 | ₹1.31 | ₹3.24 | ₹21.83 | ₹61.80 | +6.18 (0.71%) |
| 50 shares | ₹43,602.50 | ₹40.00 | ₹87.20 | ₹2.68 | ₹6.54 | ₹7.68 | ₹21.83 | ₹165.93 | +3.32 (0.38%) |
| 100 shares | ₹87,205.00 | ₹40.00 | ₹174.41 | ₹5.35 | ₹13.08 | ₹8.16 | ₹21.83 | ₹262.83 | +2.63 (0.3%) |
| 500 shares | ₹436,025.00 | ₹40.00 | ₹872.05 | ₹26.77 | ₹65.40 | ₹12.02 | ₹21.83 | ₹1038.07 | +2.08 (0.24%) |
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 | ₹872.05 | ₹0.87 | ₹0.22 | ₹0.06 | ₹0.03 | ₹0.17 | ₹1.35 | +1.35 (0.15%) |
| 10 shares | ₹8,720.50 | ₹8.72 | ₹2.18 | ₹0.54 | ₹0.26 | ₹1.67 | ₹13.37 | +1.34 (0.15%) |
| 50 shares | ₹43,602.50 | ₹40.00 | ₹10.90 | ₹2.68 | ₹1.31 | ₹7.68 | ₹62.57 | +1.25 (0.14%) |
| 100 shares | ₹87,205.00 | ₹40.00 | ₹21.80 | ₹5.35 | ₹2.62 | ₹8.16 | ₹77.93 | +0.78 (0.09%) |
| 500 shares | ₹436,025.00 | ₹40.00 | ₹109.01 | ₹26.77 | ₹13.08 | ₹12.02 | ₹200.88 | +0.40 (0.05%) |
How Upstox Compares to Alternatives (100 Shares of TMB)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Upstox |
|---|---|---|---|
| Upstox (Selected) | ₹40.00 | ₹262.83 | — |
| Zerodha | ₹0.00 | ₹209.14 | -53.69 |
| Groww | ₹40.00 | ₹256.93 | -5.90 |
| Angel One | ₹40.00 | ₹264.60 | +1.77 |
| Dhan | ₹0.00 | ₹208.55 | -54.28 |
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Frequently Asked Questions
What is the brokerage for buying Tamilnad Mercantile Bank Limited shares on Upstox?
On Upstox, equity delivery brokerage for Tamilnad Mercantile Bank Limited is ₹20 flat. Intraday trades incur ₹20 or 0.05% per executed order.
How much STT and government tax is charged when buying Tamilnad Mercantile Bank 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 TMB on Upstox?
For an order of 100 shares of TMB at ₹872.05, the roundtrip transaction cost is ₹262.83, meaning the stock needs to rise by ₹2.63 (0.3%) to break even.