Below mentioned are all the details regarding GEPL Capital Charges, you would need if you’re planning to be a client of GEPL capital.
Further in this article, we’re going to detail the brokerage prices, account opening charges, charges per transaction, and other amounts like GEPL Capital Brokerage charges.
GEPL Capital is known for its investment avenue offering various kinds of trading options like equities, commodities, currency derivatives, loans against shares, insurance,as well as mutual funds. It was established in 1997 and its chairman has over 27 years of experience in the financial service industry.
GEPL Capital Brokerage Charges
The table below shows GEPL Capital brokerage charges of different trading options offered by them:
|Equity Delivery Trading||0.30%|
|Equity Intraday Trading||0.03%|
|Equity Futures Trading||0.03%|
|Equity Options Trading||Rs.35 per lot|
|Currency Futures Trading||0.03%|
|Currency Options Trading||Rs.5 per lot|
|Demat AMC Charges||Rs.250 per Annum|
|Trading AMC Charges||Free|
|Brokerage Calculator||GEPL Capital Brokerage Calculator|
The equity delivery trading charges and Intraday trading charges are 0.30% of the total amount to be traded. Also, the charges that are levied on equity futures trades and currency futures trades are 0.03%.
The equity options trading charges are Rs.35 per lot of options traded. The charge of currency futures is 0.03% of the futures traded, whereas the charge of currency options trading is Rs.5 per lot of currency options.
The charges for commodity trading are 0.03%. The minimum brokerage charge to be paid is Rs.20. And if you are looking to open a Demat account you need to pay Rs.250 per annum. There are no trading asset management company charges.With this, you have enough information for GEPL Capital brokerage charges.
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GEPL Capital Account Opening Charges
The table below illustrates the GEPL Capital account opening charges briefly:
|Account Opening Charges|
|Trading Account Opening Charges [One Time]||Free|
|Trading AMC [Yearly]||Free|
|Demat Account Opening Charges [One Time]||Rs.100|
|Demat AMC [Yearly]||Rs.250 per Annum|
With any broker, you have to pay a certain charge for opening an account. But with GEPL Capital you don’t need to pay any one-time trading charges, as the GEPL Capital trading charge is free. There are no yearly charges for your trading account, as the GEPL Capital AMC charges are free.
The information for opening a Demat account is mentioned as follows. A charge of Rs.100 is levied to open a one-time Demat account. And for the yearly account of Demat, you will be charged Rs.250 per annum. The margin amount for your account is Rs.10,000.
GEPL Capital Transaction Charges
The GEPL Capital transaction charges are illustrated briefly in the table below:
|Equity Delivery||0.00290% of Total Turnover|
|Equity Intraday||0.00290% of Total Turnover|
|Equity Futures||0.00290% of Total Turnover|
|Equity Options||0.00290% of Total Turnover|
|Currency Futures||0.00290% of Total Turnover|
|Currency Options||0.00290% of Total Turnover|
|Commodity||0.00290% of Total Turnover|
The charge for equity delivery is 0.00290% of total output and the same goes for equity intraday charges. The transaction charge for equity futures and equity options are also 0.00290% of Total volume.
The charge for transactions made in currency futures and currency options are identical for both, levied 0.00290% of total yield. The transaction made for commodity trades is 0.00290% of Total Turnover.
Overall, the GEPL Capital charge for any transaction made is 0.00290% of Total Turnover.
GEPL Capital Other Charges
Some other GEPL Capital charges are mentioned in the table below:
|SEBI Turnover Charges||0.0007% of Total Turnover|
|STT||0.0112% of Total Turnover|
|Stamp Duty||Depends on State (very minimal)|
|GST||18% of ((Brokerage + Transaction Charges)|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs.50 per Segment|
|Account Closure Charges||Rs.50 per Segment|
The SEBI turnover charges are 0.0007% andthe STT is valued at 0.0112% of total output discreetly. The stamp duty charge depends on the state you’re living, but they are very minimal. You need to pay GST that is 18% of brokerage charger in addition with transaction charges.
The charge imposed on margin funding is 18% with the addition of GST levied. If you wish to reactivate any segment of the GEPL capital you will have to pay Rs.50 per segment. And if you want to close your account you will have to pay Rs.50 per segment.
The charges of dematerialization are Rs.44. These are some GEPL Capital other charges that are mentioned above which you would need to pay.
GEPL Capital broking charges – Conclusion
In this article, all the different charges are taken into consideration that you need to pay if you are trading through GEPL capital. They are discount brokers so the charges are less if compared to other traditional brokers.
The GEPL Capital Demat charges for one time are Rs.100 and for years you will be paying Rs.250 per annum. Also, you will be charged Rs.50 per segment if you want to close your account.
The minimum brokerage cost is on the higher side when compared to other discount brokers. I hope this covers all your concerned queries about GEPL Capital charges.
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