Pravin Ratilal Charges – Find Brokerage Charges, Account Opening Charges and more
Last Updated Date: Nov 19, 2022People invest with varied interests and perspective. What remains constant for all of them is the willingness to make profit at maximum. Pravin Ratilal Charges hampers such profit probability, hence investors choose a broker which takes low brokerage, to be on the safer side.
Evaluating the safer side of the spectrum, we have gathered all the Pravin Ratilal Brokerage Charges and stuffed them in this article. To know the probability of you making profits with this firm, read out all the charges.
Pravin Ratilal Brokerage Charges
Observe the likely Pravin Ratilal Brokerage, you will incur while trading with Pravin Ratilal
Equity Delivery | 0.28% |
Equity Intraday | 0.03% |
Equity Futures | 0.03% |
Equity Options | Rs.28 per Lot |
Currency Futures | 0.03% |
Currency Options | Rs.18 per Lot |
Commodity | 0.03% |
Flat Monthly Fees, if any | NA |
Let us start the discussion of this company’s charges with the Pravin Ratilal Brokerage Charges.
It is the first consideration of people, and fair enough as they account for the highest percentage of charges. Rest of the charges are actually minute enough.
Starting with the most popular format of trading, the delivery trading is allocated with a charge of 0.28%. Following up on other formats of trading, the next 4 trading formats have the same charge of 0.03%. The four similar charges formats are equity intraday, equity futures, currency futures and commodity.
The options and currency options charges are Rs.28 per Lot and Rs.18 per Lot. The brokerage charges for all the segments are quite low. Further, for the commutation of these brokerage charges, you can take the help of our brokerage calculator.
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Pravin Ratilal Account Opening Charges
Next on the list is the Pravin Ratilal Account Opening Charges briefed on the following table.
Trading Account Opening Charges [One Time] | Free |
Trading AMC [Yearly] | Free |
Demat Account Opening Charges [One Time] | Rs.280 |
Demat AMC [Yearly] | Rs.280 per Annum |
Margin Money | Minimum Rs.20,000 |
Brokerage Calculator | Pravin Ratilal Brokerage Calculator |
Margin Calculator | Pravin Ratilal Margin Calculator |
Just like any other product or service has a charge for availing it, demat and trading account have a charge too. Apart from the general charge, a maintenance charges is as well designated to both the accounts. The charges often vary from a company to company and are laid down by the company’s management.
Pravin Ratilal has an account opening charge and Pravin Ratilal AMC Charges only for the demat account. That is, the demat account opening charge is one time fee of Rs.280 and AMC is Rs.280 per annum. The contrary Pravin Ratilal Trading Charges are free, as is the AMC.
Moving on to the margin amount maintenance, one might feel stuck up here. Especially the beginners of the stock market, will find it difficult to invest in, such a hefty amount of Rs.20,000.
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Pravin Ratilal Transaction Charges
Perceive your profit case scenarios, after deducting these Pravin Ratilal Transaction Charges.
Transaction Charges | 0.00295% |
Equity Delivery | 0.00295% |
Equity Intraday | 0.00295% |
Equity Futures | 0.00295% |
Equity Options | 0.065% (Premium only) |
Currency Futures | 0.00305% |
Currency Options | 0.065% (Premium only) |
Commodity | 0.00295% |
Now that you are clear with the brokerage and the account related charges, let us move on to the transaction charges. Each and every transaction, irrespective of the asset class being traded, has a transaction charge levied. These Pravin Ratilal Charges are definitely low; however they sure do arise in the list of charges.
So, each and every segment you invest in will attract a transaction charge of 0.00295%. Snsure you deduct this charge as well from the commutation list.
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Pravin Ratilal Other Charges
Detect the final set of government infused Pravin Ratilal Charges here.
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 |
The last sets of charges you need to keep trace of are Pravin Ratilal Other Charges. Each trade you place, government places a certain type of charges. The lists of charges are SEBI turnover, STT, stamp duty and the GST charges, all of which are a minute percentage of total turnovers.
If you wish to reactivate your account, you will face a charge of Rs.50 per segment. Likewise, closing an account will cost you Rs.50 per segment too. Lastly, the dematerialization charges are fixed upon Rs.44.
Pravin Ratilal Charges – Conclusion
The only fact setting off from this company’s Pravin Ratilal Charges is the minimum account maintenance. This company asks you to keep Rs.20,000 as minimum account balance at all time. This is a capital stuck up with the company, whereas a large portion of investors cannot afford it.
Rest of the Pravin Ratilal Demat Charges are pretty nominal and we assure, they are of industry standard. Also, the trading account charges are free, taking a part of your expenses off the list.
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