Zerodha 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 | ₹0.00 | ₹0.06 | ₹0.01 | ₹0.00 | ₹0.00 | ₹15.34 | ₹15.41 | +15.41 (50.72%) |
| 10 shares | ₹303.80 | ₹0.00 | ₹0.61 | ₹0.03 | ₹0.05 | ₹0.01 | ₹15.34 | ₹16.04 | +1.60 (5.27%) |
| 50 shares | ₹1,519.00 | ₹0.00 | ₹3.04 | ₹0.10 | ₹0.23 | ₹0.02 | ₹15.34 | ₹18.73 | +0.37 (1.22%) |
| 100 shares | ₹3,038.00 | ₹0.00 | ₹6.08 | ₹0.19 | ₹0.46 | ₹0.03 | ₹15.34 | ₹22.10 | +0.22 (0.72%) |
| 500 shares | ₹15,190.00 | ₹0.00 | ₹30.38 | ₹0.93 | ₹2.28 | ₹0.17 | ₹15.34 | ₹49.10 | +0.10 (0.33%) |
Exchange turnover fee calculated at NSE's revised true-to-label tariff (0.00297%). DP charge of ₹15.34 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 | ₹0.02 | ₹0.01 | ₹0.01 | ₹0.00 | ₹0.01 | ₹0.05 | +0.05 (0.16%) |
| 10 shares | ₹303.80 | ₹0.18 | ₹0.08 | ₹0.03 | ₹0.01 | ₹0.04 | ₹0.34 | +0.03 (0.1%) |
| 50 shares | ₹1,519.00 | ₹0.91 | ₹0.38 | ₹0.10 | ₹0.05 | ₹0.18 | ₹1.62 | +0.03 (0.1%) |
| 100 shares | ₹3,038.00 | ₹1.82 | ₹0.76 | ₹0.19 | ₹0.09 | ₹0.36 | ₹3.22 | +0.03 (0.1%) |
| 500 shares | ₹15,190.00 | ₹9.11 | ₹3.80 | ₹0.93 | ₹0.46 | ₹1.81 | ₹16.11 | +0.03 (0.1%) |
How Zerodha Compares to Alternatives (100 Shares of IOB)
| Broker | Brokerage Fee | Total Transaction Charges | Difference vs Zerodha |
|---|---|---|---|
| Zerodha (Selected) | ₹0.00 | ₹22.10 | — |
| Groww | ₹6.08 | ₹29.87 | +7.77 |
| Angel One | ₹6.08 | ₹37.54 | +15.44 |
| Dhan | ₹0.00 | ₹21.51 | -0.59 |
| ICICI Direct | ₹33.42 | ₹69.80 | +47.70 |
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Frequently Asked Questions
What is the brokerage for buying Indian Overseas Bank shares on Zerodha?
On Zerodha, equity delivery brokerage for Indian Overseas Bank is ₹0 (Zero Brokerage). Intraday trades incur ₹20 or 0.03% 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 Zerodha?
For an order of 100 shares of IOB at ₹30.38, the roundtrip transaction cost is ₹22.10, meaning the stock needs to rise by ₹0.22 (0.72%) to break even.