In this Article, you will get all information related to Karvy charges like their brokerage charges, account opening charges, transaction charges, account processing charges & more.
So, if you are making your mind to trade with karvy and want to about Karvy brokerage charges & more then keep reading.
Karvy Brokerage Charges
Find information on Karvy brokerage charges below:
| Brokerage Charges of 2019 | |
| Equity Delivery | 0.30% |
| Equity Intraday | 0.03% |
| Equity Futures | 0.03% |
| Equity Options | Rs. 30 per lot |
| Currency Futures | 0.03% |
| Currency Options | Rs. 30 per lot |
| Commodity | NA |
| Flat Monthly Fees, if any | NA |
Clients who wants to trade in equity delivery is 0.30%, for equity intraday, equity futures and currency futures they need to pay 0.03% as a brokerage charges. The brokerage charges for equity options and currency options are Rs. 30 per lot.
Karvy Special Brokerage Plans
Find information of Karvy special brokerage plans below:
| SPECIAL PLANS | |
| Plan: | Karvy Brokerage Plan [Premium Subscription Plan] |
| Segment | Brokerage Fee |
| Flat Monthly Fee | Rs 100000 per year |
| Equity Delivery | 0.10% |
| Equity Intraday | 0.01% |
| Equity Futures | 0.01% |
| Equity Options | Rs. 10 per lot |
| Currency Futures | 0.01% |
| Currency Options | Rs. 10 per lot |
| Commodity | |
Karvy premium subscription plan charged flat montly fee Rs.100,000 per year in which brokerage charges for equity delivery, intraday, equity futures and currency futures are 0.01% and for equity options and currency options are Rs.10 per lot.
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Karvy Account Opening Charges
Find details of account opening charges levied by Karvy:
| Account Opening Charges of 2019 | |
| Account Processing Charges | Nil |
| Trading Account Opening Charges [One Time] | Rs. 0 |
| Trading AMC [Yearly] | Rs. 0 |
| Demat Account Opening Charges [One Time] | Rs. 0 |
| Demat AMC [Yearly] | Rs. 500 |
| Margin Money | Starts with Zero |
Individuals don’t require to pay any fee while opening trading and demat accounts. Neither he/she has to pay for maintaining trading account.
Only demat account holders have to pay Rs.500 yearly as a demat account annual maintenance charges. One can start with Zero Margin at Karvy.
Karvy Transaction Charges
This table provides you information about Karvy transaction charges:
| Transaction Charges 2019 | |
| Equity Delivery | 0.00325% |
| Equity Intraday | 0.00325% |
| Equity Futures | 0.00230% |
| Equity Options | 0.05% on Premium |
| Currency Futures | 0.00325% |
| Currency Options | 0.00320% |
| Commodity | |
If you want to trade in equity delivery, equity Intraday, or currency futures you need to pay 0.00325% as transaction charges.
For equity futures the transaction charges 0.00230% and for currency futures 0.00320% respectively. The transaction charges levied by Karvy for equity options 0.05% on premium.
Karvy Other Charges
Below is the list of various charges levied by Karvy:
| 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.75 per Segment |
| Account Closure Charges | Rs.50 per Segment |
| Dematerialisation Charges | Rs.53 |
- The SEBI charged at 0.0002% for every equity for each equity transaction or we can say that 0.0002% of total turnover.
- STT charge will apply when you trade itslef that is 0.126% of total turnover.
- The stamp duty charges that levied by the Government lies between 0.002%- 0.004% and it vary from state to state.
- The GST charges levied by government are 18% of ( brokerage + transaction charges).
- The broking house charges are 18% + GST for margin funding.
- At Rs. 50 per segments clients can easily close their trading account and by paying Rs. 75 per segment they can reactivate it.
- The dematerialisation charges levied by Karvy are Rs. 53 only.
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