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In this article. We will cover all the details related to Monarch Networth capital charges. Monarch Network is one of the leading companies in India, which offers you all trading services at minimal charges.

So, let’s have a detailed review of Monarch Netwroth’s capital brokerage charges, their account opening charges, transaction charges and other charges.

Monarch Networth Capital Offers

Monarch Networth Capital Brokerage Charges

Find below the information about M0narch Networth Capital brokerage charges:

Brokerage Charges
Equity Delivery 0.30%
Equity Intraday 0.03%
Equity Futures 0.03%
Equity Options Rs 100 per lot
Currency Futures 0.03%
Currency Options Rs 100 per lot
Commodity Rs 100 per lot
Flat Monthly Fees, if any NA

As per the table data, the equity delivery brokerage charges are 0.30% while equity intraday, equity futures and currency futures brokerage charges are 0.03% respectively. The equity option charges are Rs.100 per lot and the currency options brokerage charges are Rs. 100 per lot.

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    Monarch Networth Capital Account Opening Charges

    Find below the Monarch Networth Capital account opening charges details:

    Account Opening Charges
    Trading Charges [One Time] Rs 0 (Free)
    Trading AMC [Yearly] Rs 0 (Free)
    Demat Charges [One Time] Rs 0 (Free)
    Demat AMC [Yearly] Rs 225
    Margin Money 75% Margin

    If you want to trade with Monarch Networth, then you have to open a trading account at Rs.0, which is a one-time payment and you don’t require to pay any cost to maintain a trade account.

    There are no demat account opening charges, but clients have to pay Rs. 225 yearly for maintaining a demat account at Monarch Networth.

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    Monarch Networth Capital Transaction Charges

    Find below the Monarch Networth capital transaction charges:

    Transaction Charges
    Equity Delivery NSE: 0.00225% | BSE: 0.002% per trade (each side)
    Equity Intraday NSE: 0.00225% | BSE: 0.002% per trade (each side)
    Equity Futures NSE: 0.0019% | BSE 0.002% (each side)
    Equity Options NSE 0.05% | BSE 0.002% (each side) (on premium)
    Currency Futures NSE: 0.0009% | BSE: 0.00022%
    Currency Options NSE: 0.025% | BSE: 0.001% (on premium)
    Group A: 0.0026% Group B: Pepper – 0.00005%, Castorseed – 0.0005%, Rbdpmolein – 0.001%

    For equity delivery and equity intraday, the transaction charges are 0.00225%.

    For equity options and currency options, the transaction charges are 0.05% and 0.025% premium respectively.

    Then, for equity futures transaction charges are 0.0019% and commodity transaction charges are 0.0026% respectively.

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    Monarch Networth Capital Other Charges

    Find information about other charges levied by Monarch Networth:

    Other Charges
    SEBI Turnover Charges 0.00005% (Rs.5/Crore)
    STT Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell SideEquity 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 STTOn 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 18%
    Reactivation Charges Rs 20 per instruction
    Account Closure Charges Rs 20 per instruction
    Dematerialisation Charges Rs 50 per request
    Pledge Creation Rs 50 per transaction
    Pledge Invocation Rs 50 per transaction
    Margin Pledge/Unpledge/ Pledge closure Rs 50 per transaction
    Margin Repledge Rs 50 per transaction

    The SEBI turnover charges are presently calculated @ 0.00005% of total turnover. The STT tax levied by the government is 0.0126% of total turnover on both the sell and buy sides. GST tax levied by the government is calculated at 18% on brokerage and transaction charges.

    The broking house charges 18%+ GST for margin funding charges. The dematerialisation charges are Rs. 50 per certificate.

    The client does require to pay any cost for closing his/ her account and easily reactivate it by paying Rs. 20 per segment.

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