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Clear charges.
Agreed before you start.

Brokerage varies by market segment and by how you are serviced. Your exact tariff is confirmed in writing before your account is activated — and statutory charges are the same at every broker.

Opening directlyUnderstand the service model
Service model

Three ways to be a Labdhi client.

The difference is how you are looked after, not a headline price. Whichever fits, your tariff is in writing before you trade.

Self-directed

You trade and invest on your own, with us behind you.

  • Digital onboarding and e-KYC
  • The Labdhi app and web platforms
  • Dealing desk and support by phone
  • Research published by our desk

Tariff confirmed in writing before activation.

Partner-assisted

A Labdhi partner near you looks after your account.

  • A named local partner, registered with the exchanges
  • Help with onboarding and paperwork
  • Day-to-day servicing of your account
  • The same platforms and desks behind them

Servicing, not investment advice. Tariff agreed with you in writing.

Advisory

Independent advice on your whole portfolio.

  • SEBI-registered Investment Adviser (INA000011617)
  • Risk profiling before any recommendation
  • Advice kept separate from distribution
  • A fee agreed in writing

A separate engagement with its own agreement.

Your rate is your rate.

We don’t advertise a single headline number, because it wouldn’t be true for everyone.

01
Your rate is on your tariff sheet

The brokerage that applies to you is the one agreed when your account was opened, set out in the tariff sheet you signed. It is the authoritative document.

02
Rates differ by channel and segment

Delivery, intraday, futures, options, currency and commodity are each priced differently. Accounts opened directly and accounts introduced by an Authorised Person may be on different arrangements.

03
Nothing is charged that isn’t disclosed

We do not levy hidden platform, inactivity or research fees. If a charge appears on your contract note, it is either your agreed brokerage or a statutory charge listed above.

04
Ask us any time

If you are not sure what your rate is, call us and we will read it off your account — or send you the tariff sheet again.

Want the exact number for a trade?Put your own brokerage rate into the calculator and it will show you the full breakdown, statutory charges included.
Open the brokerage calculator →

The part no broker can discount.

These are set by the government, the exchanges and SEBI. They are identical whichever broker you use — and on options trades they usually cost more than the brokerage does.

Securities Transaction Tax (STT)Set by the Government of India. Varies by segment — equity delivery, intraday, futures and options are each charged differently.
Exchange transaction chargesLevied by NSE, BSE or MCX on turnover, at rates the exchange publishes.
SEBI turnover feeA regulatory levy on turnover, set by SEBI.
Stamp dutyCharged on the buy side, at rates set by the state governments.
GST18% on brokerage and on exchange transaction charges.
Depository (CDSL) chargesA per-scrip debit charge applies when you sell from your demat account.
Charges

Government and exchange charges
on a ₹1,00,000 trade

Every statutory and exchange charge on a round trip, bought and sold at the same price. These are set by circular and are the same at every broker in India. Charges are on the contract value traded, both legs. Agricultural contracts carry no CTT.

An MCX contract, bought and squared off.

₹17.19 on a ₹1,00,000 round trip, whichever broker you use. It is 0.017% of the trade — the move the price has to make before the trade covers its charges.

Government and exchange charges, round trip₹17.190.017% of ₹1,00,000
Commodities Transaction TaxGovernment of India · 0.01% on the sell₹10.00
Exchange transaction chargeMCX · 0.0021% each way₹4.20
SEBI turnover feeSEBI · 0.0001% each way₹0.20
Stamp dutyState government · 0.002% on the buy₹2.00
GST18% on the exchange and SEBI fees₹0.79
Total₹17.19

Statutory rates — Finance Act 2026, NSE and MCX circularsas of 1 Oct 2026 · 22 days agoRefreshed checked whenever a circular changes them

An illustration on the figures above, not a quotation. Statutory charges can be changed by circular at any time; your contract note is the record of what was actually charged. The depository charge on a sell is a flat per-scrip amount and is not included here. Every other charge is set out on this page, and the trade calculator works out a real trade with an entry and an exit.

What each product costs.

Account openingFree. Digital KYC, no charge to open a trading and demat account.
Annual maintenance (AMC)A depository AMC applies to the demat account; the amount is stated in your tariff sheet.
Mutual fundsNo transaction fee from us. We are an AMFI-registered distributor (ARN-78991) and receive a trail commission from the fund house on regular plans.
Bonds and fixed depositsNo separate fee. Bonds are quoted at a price inclusive of our margin; the yield you see is what you earn.
IPO applicationsFree to apply. Standard brokerage applies when you sell.
Advisory and PMSFees are agreed in writing before the engagement begins and disclosed in full.

This page describes how charges are structured; it is not a quotation. The brokerage and charges applicable to your account are those set out in the tariff sheet agreed at account opening, as amended from time to time, and may differ by segment, scheme and channel. Statutory levies are as prescribed by the relevant authority and change from time to time. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

Not sure what your rate is?

Call us and we’ll read it straight off your account.

Email us