Aditya Birla Money Charges – Find Brokerage Charges, Account Opening Charges and more
Last Updated Date: Mar 25, 2023In this article, we are going to cover all details related to Aditya Birla Money Charges. It is one of the most renowned Full Service brokerage firms that allows traders and investors to make money on all trading segments.
Let’s take a view at Aditya Birla Money Brokerage Charges, their account opening charges, Transaction charges, & any other charges.
Aditya Birla Money Brokerage Charges
The below table provides you with details regarding Aditya Birla Money Brokerage Charges:
Brokerage Charges | |
Equity Delivery | 0.20% |
Equity Intraday | 0.02% |
Equity Futures | 0.02% |
Equity Options | Rs 50 per lot |
Currency Futures | 0.02% |
Currency Options | Rs 50 per lot |
Commodity | 0.02% |
Flat Monthly Fees, if any | NA |
Aditya Birla Money brokerage plans are very simple and competitive. The Brokerage charge of .20% follows for equity intraday, equity futures, equity delivery and currency futures. The currency options trading rate is Rs.50 per lot and there will be no charges for commodities and flat monthly fees.
Hence, Aditya Birla’s money brokerage charges are relatively less expensive than other companies’ brokerage charges.
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Aditya Birla Money Account Opening Charges
Find below the demat account opening charges of Aditya Birla Money:
Account Opening Charges | |
Trading Charges [One Time] | Rs 750 |
Trading AMC [Yearly] | NIL |
Demat Charges [One Time] | NIL |
Demat AMC [Yearly] | Rs 426 |
Margin Money | Rs.0 – Rs.200,000 |
To avail of the Aditya Birla trading services, you need to open an account at Rs. 750 (one time). Along with that, after completion of one year, you have to pay account annual maintenance charges @ either Rs.426. If you choose to pay Rs.499, you will get a free AMC for 5 years, and on the contrary, Rs.999 is for a lifetime free AMC.
This brokerage firm doesn’t take into account processing charges from their traders and investors.
The margin money required by Aditya Birla brokerage firm is between Rs.0 – Rs.200,00.
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Aditya Birla Money Transaction Charges
Please refer to the below all transaction charges of Aditya Birla Money:
Transaction Charges | |
Equity Delivery | Rs 225 per Cr (0.00225%) |
Equity Intraday | Rs 225 per Cr (0.00225%) |
Equity Futures | Rs 190 per Cr (0.0019%) |
Equity Options | Rs 5000 per Cr (0.05%) (on premium) |
Currency Futures | Rs 110 per Cr (0.0011%) |
Currency Options | Rs 4000 per Cr (0.04%) (on premium) |
Commodity | MCX – Rs 200 per Cr (0.002%) | NCDEX – Rs 400 per Cr (0.004%) |
For Equity delivery and Equity Intraday, the transaction charges are 0.00225%. And the Equity Futures transaction charges are 0.0019%.
The client has to pay 0.002% commodity transaction charges, which is significantly lower than other brokerage firms. The company doesn’t take transaction charges for currency futures and currency options.
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Aditya Birla Money Other Charges
Get the detailed table of Aditya Birla Money’s other charges below:
Other Charges | |
SEBI Turnover Charges | 0.00005% (Rs.5/Crore) |
STT | Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side *Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell-side (Non-Agri) Commodity Options: 0.05% on sell-side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell-side |
Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX) |
GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Margin Funding Charges | NA |
Reactivation Charges | Rs 20 per instruction |
Account Closure Charges | NIL |
Dematerialisation Charges | Rs 5.60 per certificate + Rs 40 courier charges |
Pledge Creation | Rs 60 per Instruction |
Pledge Invocation | Rs 16.50 Per ISIN |
Margin Pledge/Unpledge/ Pledge closure | Rs 16.50 Per ISIN |
Margin Repledge | Rs. 15.5 + Rs. 15.5 (Rs. 21 per scrip) |
Other than brokerage, transaction, account opening charges and account processing charges there are numerous other charges levied by Aditya Birla money brokerage.
Aditya Birla Money charges 0.00005% of total turnover as SEBI turnover charges, STT is 0.0126% total turnover and stamp duty charges are between 0.002%-0.0004% and it fluctuate from state to state.
The margin funding charges are 18%+GST and clients have to pay Rs.20 per segment as reactivation charges and account closure charges are NIL. The Dematerialisation charges levied by the firm are Rs 5.60 per certificate + Rs 40 courier charges.
Aditya Birla Money Brokerage Charges FAQs
Check out various FAQs related to Aditya Birla Money:
Does Aditya Birla Money Charge Brokerage?
Yes, the majority of the stock brokers charge a fee referred to as the brokerage, and this stock broker is among them. There are discount brokers as well who charge a flat fee for all segments, but the fashion of charging brokerage is always on.
What is Aditya Birla Money Brokerage Charges?
The charges for the delivery segment are 0.20%, probably the highest rate. 0.03% is for intraday, futures and currency futures segments accordingly, whereas Rs.50 per lot is for equity options and Rs.50 per lot is for currency options.
What is the Intraday Brokerage of Aditya Birla Money?
Intraday is one of the most demanded segments of investment and in order to attract more investors, the stock broking house has a small rate of brokerage levied on the traders. So, the intraday traders need to provide the brokerage at 0.02%.
What other Charges were levied by Aditya Birla Money?
You need to know about all the other charges so you can weigh in your profit-making possibility from trade and they place the order to ensure expenses are not more. The other per transaction charges are SEBI Turnover Charges, STT, Stamp Duty, GST and Transaction charges.
Is Aditya Birla Money a discount broker?
No, this stock broking house is not a discount broker and is in no way possessing any limited service provision. They charge brokerage on a percentage basis, and they provide every stockbroking related services and solutions to their clients.
Does Aditya Birla Money have Free Delivery?
No, there is no provision as that of free brokerage in the domain of equity delivery. If you choose to trade in this particular segment, then you are liable to pay a fee as per the structure set and the total amount is taken from the total turnover of the transaction.
How much is Aditya Birla Money Charge for Options?
Particularly, for the investment of the Equity Options segment, the brokerage charged is Rs.50 per lot, which is higher than the currency options segment. As for the currency options segment, the charge is the same Rs.50 per lot.
What are Aditya Birla Money Transaction Charges?
Transaction charges differ from one segment to another, as a result of which the delivery and intraday segments transaction charge is 0.00225%. The charge for futures is 0.0019%, that for Equity Options is 0.05% and lastly for Commodity is 0.002%.
What is the Demat AMC in Aditya Birla Money?
An account maintenance charge is levied on the one who holds a demat account with this stock broking house. Each stock broker levies their own AMC charge and the clients have to pay it once every year. As for Aditya Birla Money, it is Rs.426, a one-time fee.
Is Aditya Birla Money Brokerage Free?
No, this is however not true, since this stock broker charges brokerage for the purpose of investing in all kinds of segments. Also, they have not levied the equity delivery charge for their clients, which is chosen by a lot of stock brokers.
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