In this article, we are going to notify you all the details related to BMA wealth creators charges.
No matter, whether you need only details regarding BMA wealth creators brokerge charges, account opening charges or you need a brief on charges that levied by government, here you will get everything associated to BMA wealth creators.
BMA Wealth Creators Brokerage Charges
Find below the detailed table of BMA wealth creators brokerage charges:
|Brokerage Charges of 2019|
|Equity Options||Rs 50|
|Currency Options||Rs 20|
|Flat Monthly Fees, if any||NA|
0.30% brokerage charges follows for equity delivery, for equity intraday, equity futures, currency futures and commodity the brokerage charges applied is 0.03%.
For currency options brokerage charges are Rs. 20 and for equity options it would be Rs. 50 respectively.
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BMA Wealth Creators Account Opening Charges
Below mentioned table gives you information about BMA wealth creators:
|Account Opening Charges of 2019|
|Account Processing Charges||Nil|
|Trading Account Opening Charges [One Time]||Zero|
|Trading AMC [Yearly]||Zero|
|Demat Account Opening Charges [One Time]||Rs.500|
|Demat AMC [Yearly]||Rs.250|
|Margin Money||Rs.20,000 Minimum|
At BMA wealth creators the account processing charges, trading account opening charges and trading account maintaining charges are Rs. zero.
All they require is to pay Rs. 500 while opening demat account which is one time payment and demat annual maintenance charges Rs. 250 respectively. The margin money are Rs. 20,000 only.
The clients can start trading with minimum Rs. 10,000 only.
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|Angel Broking Charges||HDFC Securities Charges||India Infoline Charges|
BMA Wealth Creators Transaction Charges
Get detailed of transaction charges levied by BMA wealth creators:
|Transaction Charges 2019|
At BMA wealth the clients who want to trade in equity delivery, and commodity they need to pay 0.00295% as transaction charges.
For equity Intraday, equity futures, equity options the transaction charges will be 0.00300% and for currency futures and currency options the transaction charges are 0.00340% respectively.
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|Karvy Charges||SBICap Securities Charges||Zerodha Charges|
|Kotak Securities Charges||Sharekhan Charges||Alankit Assignments Charges|
|Motilal Oswal Charges||Upstox Charges||Alice Blue Online Charges|
BMA Wealth Creators Other Charges
Get the detailed table of various other charges levied by the BMA wealth creators:
|Other Charges 2019|
|SEBI Turnover Charges||0.0002% of Total Turnover|
|STT||0.0126% of Total Turnover|
|Stamp Duty||0.002% – 0.004% – Depends on State|
|GST||18% of (Brokerage + Transaction Charges)|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs.50 per Segment|
|Account Closure Charges||Nil|
BMA wealth creators are charging 0.0002% of total turnover as a SEBI turnover charges& the STT charges 0.0126% of total turnover on both sell and buy sides.
The stamp duty charges that changes from state to state are lies between 0.02%- 0.04% respectively. The government levied GST charges are 18% of ( brokerage + transaction charges). The broking house charges 18% + GST.
At zero cost BMW wealth creators clients can close their trading account and with Rs. 50 per segment they can easily reactivate it. The dematerialisation charges are Rs. 45 only.
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