SHCIL Brokerage Rates

I want top know the Brokerage rates of Stock Holding Corporation of India Ltd (SHCIL) so can you tell me?

[Pathak]

Stock Holding Corporation of India Ltd (SHCIL) is India’s largest custodian and depository participant based in Mumbai, Maharashtra. It was established in 1986 under the Government of India.

SHCIL is known for its online trading portal with investors and traders. It is also responsible for e-stamping system around India.

Brokerage rates:

Normally, in Cash Segment, the brokerage rate of 0.55% is charged on delivery transactions and 0.12% (both legs of transactions inclusive) is charged for intra-day transactions to client.

SSL may also charge minimum brokerage of Rs.50/- per scrip or per contract note.

In Derivatives Segment, the brokerage at the rate of 0.05% is normally charged on both legs of Intraday and/or Carry Forward transactions in Futures Trading and in case of Options Trading, 1% of the premium value or minimum Rs.100/- per lot whichever is higher.

In any case, brokerage rate shall not exceed maximum limit of 2.5% on trade price or Rs.0.25 per share as prescribed by the regulatory authority.

The rate of brokerage may differ from client to client as may be decided by the management of SSL.

SSL reserves its rights to increase/decrease the brokerage without assigning any reason.