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

So, lets have detailed review of Monarch Netwroth 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 Delivery0.30%
Equity Intraday0.03%
Equity Futures0.03%
Equity OptionsRs 100 per lot
Currency Futures0.03%
Currency OptionsRs 100 per lot
CommodityRs 100 per lot
Flat Monthly Fees, if anyNA

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 Money75% Margin

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

    There are no demat account opening charges, but clients have to pay Rs. 225 yearly for maintaining 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 DeliveryNSE: 0.00225% | BSE: 0.002% per trade (each side)
    Equity IntradayNSE: 0.00225% | BSE: 0.002% per trade (each side)
    Equity FuturesNSE: 0.0019% | BSE 0.002% (each side)
    Equity OptionsNSE 0.05% | BSE 0.002% (each side) (on premium)
    Currency FuturesNSE: 0.0009% | BSE: 0.00022%
    Currency OptionsNSE: 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%.

    Equity options and currency options the transaction charges are 0.05% and 0.025% premium respectively.

    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 Charges0.00005% (Rs.5/Crore)
    STTEquity Delivery: 0.1% on both Buy and Sell
    Equity Intraday: 0.025% on the Sell Side
    Equity Futures: 0.01% on Sell Side
    Equity 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 STT
    On 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)
    GST18% on (Brokerage + Transaction Charge + SEBI Fee)
    Margin Funding Charges18%
    Reactivation ChargesRs 20 per instruction
    Account Closure ChargesRs 20 per instruction
    Dematerialisation ChargesRs 50 per request
    Pledge CreationRs 50 per transaction
    Pledge InvocationRs 50 per transaction
    Margin Pledge/Unpledge/ Pledge closureRs 50 per transaction
    Margin RepledgeRs 50 per transaction

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

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

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

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