Maheshwari Financial Services Charges – Find Brokerage Charges, Account Opening Charges and more
Last Updated Date: Nov 18, 2022Drawing your attention to the rising company of market, Maheshwari Financials. It was incorporated in 1995, and is serving best resources from then.
As you may know, stock market is now preferred for investments, it becomes difficult to compare the companies in market.
Solution could be, to get the past performance of companies. One more thing comes in mind while choosing the platform for trading is charges levied by company on resources.
Apart from great services of company, lets scrutinize Maheshwari Financial Charges & Maheshwari Financial Demat Charges.
Maheshwari Financial Services Brokerage Charges
Find below the detailed table of Maheshwari Financial Services Brokerage Charges:
Get the specifics involved in company serving as broking house.
Equity Delivery | 0.51% |
Equity Intraday | 0.05% |
Equity Futures | 0.05% |
Equity Options | Rs.51 per Lot |
Currency Futures | 0.05% |
Currency Options | Rs.31 per Lot |
Commodity | 0.05% |
Flat Monthly Fees, if any | NA |
Evincing Maheshwari Brokerage charges on different stock investments.
Company caters wide range of Equity Intraday & Options, Currency Options and Commodities and charges 0.05 percent of brokerage charge on each.
Commodities are the most found in portfolios of consumer and company takes only 0.05 percent of capital, as commission. Maheshwari Financial Services Brokerage Calculator is the tool provide by firm to guide investor’s about brokerage charges.
Don’t hesitate to go for Equity Delivery as it is reliable and firm charges only 0.50 percent broking fee. Mentioning further, that no flat fee is enforce for providing services.
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Maheshwari Financial Services Account Opening Charges
Find below the Demat & Trading Account Opening Charges of Maheshwari Financial Services:
Company calls out for new investors with exclusive trading account and demat account at very low prices.
Trading Account Opening Charges [One Time] | Free |
Trading AMC or Annual Maintenance Charges [Yearly] | Free |
Demat Account Opening Charges [One Time] | Rs.310 |
Demat AMC or Account Annual Maintenance Charges [Yearly] | Rs.310 per Annum |
Margin Money | Minimum Rs.15,100 |
Brokerage Calculator | Maheshwari Financial Services Brokerage Calculator |
Margin Calculator | Maheshwari Financial Services Margin Calculator |
Table informs about Maheshwari account opening charges on different accounts. Start online trading service now, as there is no charge on Trading account imposed by Corporation. Moreover, Trading AMC is also free.
FYI, demat is also like simple bank account, and charges for Demat account opening and AMC are Rs 310 per annum.
Buying on margin is the act of borrowing money to buy securities and company gives option of Rs 15,100 to get the services of Margin Money.
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Maheshwari Financial Services Transaction Charges
Get detailed table of Maheshwari Financial Services Transaction Charges below:
Once you have started your account, to start trading company impose transaction charges on agreement of sale and purchase. Find here, detailed Maheshwari Financial Transaction Charges.
Transaction Charges 2019 | 0.00310% |
Equity Delivery | 0.00310% |
Equity Intraday | 0.00310% |
Equity Futures | 0.00310% |
Equity Options | 0.085% (Premium only) |
Currency Futures | 0.00265% |
Currency Options | 0.085% (Premium only) |
Commodity | 0.00310% |
There are number of charges that an investor has to bear when buying or selling shares and transaction charges is one of them.
If investor is looking for Equity sale or purchase, customer has to bear 0.00310 percent as transaction fee on Equity Delivery, Intraday & Futures and Commodities.
Commissions on Equity Options and Currency Options are valid on premium only. As the data above uncovers, fee applicable is 0.085 percent.
Last but not the least, looking at fee on Currency Future, is 0.00265 percent per settlement. Trade increases competition and lowers world prices, which benefits traders by raising the purchasing power of their own capital, and leads a rise in consumer financials.
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Maheshwari Financial Services Other Charges
Below is the list of various other charges levied by Maheshwari Financial Services:
This section involves Maheshwari Financial Charges. These are other listed charges for bid and offer in stock market.
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 | Zero |
Dematerialisation Charges | Rs.53 |
Starting upon SEBI charges, 0.0002 out of total turnover is the SEBI fee paid to the government. Along with that, STT is also a fixed service tax determined by the government.
If stamp duty is paid, clients would pay between 0.002 to 0.004 percent charge, this depends on the state. Moving further to GST, it’s a government levied a tax which is 18 percent of brokerage and transaction charges.
Considering account closure charges, free is the service of closing the account. Additionally, to get your securities in safer mode, pay Rs 53 as a dematerialization fee and get stress free. An investor can reactivate the services with just Rs 50 for each segment.
Maheshwari Financial Charges – Conclusion
Corporation stand out the competition with its ultimate offers. Providing investors exclusive offers on utilities manages to get the top rank in industry.
Open Demat Account with Maheshwari Financial Services – Fill up the Form Now!
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