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In this article, we will give you brief details about Religare securities charges, their account opening charges, AMC charges, and special plans.

Religare securities are one of the leading companies that allow investors and traders to invest in all market segments.

Here we are going to cover end-to-end Religare Securities brokerage charges for equity delivery, equity Intraday, equity futures, equity options, currency options, currency futures, and commodities. So, let’s get started.Religare Securities Offers

Religare Securities Brokerage Charges

Find below information about Religare securities brokerage charges:

Brokerage Charges
Equity Delivery Rs 0
Equity Intraday Rs 0
Equity Futures 0.05%
Equity Options Rs 5 per lot
Currency Futures 0.05%
Currency Options Rs 5 per lot
Commodity Futures Trading 0.05%
Commodity Options  Trading Rs 30 per lot

Brokerage charges set their own unique definition in the trader’s mind. But when it comes to a trading platform with attractive brokerage offers, positive reviews could be derived.

Such as Religare Securities brokerage, which is equal to a surprise. The broker has kept most of its trading charges to ZERO, which sets it apart from others.

However, the broker does provide paid services to clients and charges traders against numerous of its offerings. Still, it won’t be wrong to call Religare Securities a pretty much affordable trading platform.

Religare Broking Ltd is genuinely setting a great impression by offering most of the facilities for free to the traders.

In the Religare Securities Review section, you can find all the details and aspects of importance related to Religare Securities.

Religare Securities Brokerage Plans

Fairdeal + Margin Trading Facility Options Pro
Applicable in intraday trades in equity cash and equity futures segment Applicable in Equity, Commodity and currency options segment
Zero brokerage in a loss-making intraday transaction in the applicable segment Equity options@ Rs.5 per lot
Margin Trading Facility 0.04% per day Commodity and Currency Options @ Rs.2 per lot

It inherently fills you up with more confidence when a broker discloses each of its brokerage plans on the big picture.

You can shortlist the best plan with more trust as the transparency in the commission and brokerage will make you do it. But most of the brokers keep a single plan set for almost every tradable instrument but not in Religare.

The broker offers two securities brokerage plans to choose from. As you can see above, Fairdeal + Margin Trading Facility is for intraday in equities and Options Pro is for options trading. Fees and charges in both plans vary significantly.

Thus it’s worth checking out what plans bring you good and bad individually.

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    Religare Securities Account Opening Charges

    Get detailed about Religare Securities account opening charges:

    Account Opening Charges
    Trading Charges [One Time] NIL
    Trading AMC [Yearly] NIL
    Demat Charges [One Time] NIL
    Demat AMC [Yearly] Rs 400 from the second year onward
    Margin Money Not required

    Account opening charges are an ever-asked question, and it isn’t new at Religare Securities as well. But for your understanding, let’s make it clear that Religare charges an account opening fee.

    Users need to pay Rs 500 when opening an account with the broker. But it is a one-time charge; you will not be asked to pay it again.

    In addition to account opening charges, the Demat Account Annual maintenance fee also sucks investors. Fortunately, you need to pay it from the 2nd year to your joining.

    Religare Securities Brokerage Calculator allows you to calculate the brokerage charged by the stockbroker and help in choosing the right trading companion.

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    Religare Securities Transaction Charges

    Get the detailed table of Religare securities transaction charges:

    Transaction Transaction Mode Religare Transaction Charges
    Delivery is given to Religare Margin/Pool Account Auto using Broker’s Limited Purpose POA Rs. 12/-* per transaction
    Delivery is given to Religare Margin/Pool Account Through Physical Delivery Instruction Slips Rs. 25/-* per transaction
    Delivery is given to any other account Any mode Rs. 30/-* per debit or 0.02% of the tax value whichever is higher

    One of the easily overlooked charges is related to transactions. These charges are sometimes levied by a broker, other times by your bank, and sometimes by both parties.

    Mainly if you are investing from a different nation, you may have to confront them. Religare also imposes transaction charges. Users need to pay Rs 12 each time they make a transaction.

    However, these charges are inclusive of certain conditions, and you don’t pay anything in excess of what is briefed by the broker itself on transaction charges. You can get further details on it from the broker’s official website.

    Religare Securities Other Charges

    Get a detailed table of various other charges levied by Religare securities:

    Segments Charges
    Reactivation Charges Rs 25 per instruction
    Account Closure Charges Rs 50 per instruction
    Dematerialisation Charges Rs 2 per certificate
    Pledge Creation Rs 50 per request or 0.02% of the value of securities whichever is higher
    Pledge Invocation Rs 50 per request or 0.02% of the value of securities whichever is higher
    Margin Pledge/Unpledge/ Pledge closure Rs 50 per request or 0.02% of the value of securities whichever is higher
    Margin Repledge Rs 50 per request or 0.02% of the value of securities whichever is higher
    Credit Charges Nil
    Debit Charges
    Delivery Given to Religare Pool/Margin Account Rs 12 for Client with POA / Rs 25 for Client without POA
    Delivery Given to any other Account Rs 30 per debit or 0.02% of the value of the transaction whichever is higher
    Demat Processing Charges Rs 2 per certificate
    Conversion of Mutual Fund units represented by SOA into Demat Rs 20 per request
    Courier Charges for Demat/Remat/Repurchase/ Redemption Rs 30 per request
    Conversion of Mutual Fund units represented by SOA/Reconversion of Mutual Fund units into SOA Rs 30 per request
    Demat Rejection Charges Rs 30 per rejection
    Rematerialisation/Repurchase/Redemption of Mutual Fund/Reconversion of Mutual Fund units into SOA Charges Rs 20 per request + NSDL Charges
    Pledge Creation/ Closure/ Confirmation/ Invocation Rs 50 per request or 0.02% of the value of securities whichever is higher
    Freeze/Unfreeze Instruction Rs 50 per request
    Delivery Instruction Booklet Rs 1 per leaf

    Other Charges

    These are some extra charges, beyond exception, that are likely to drive more trouble for you in case you ignore them. It is for that reason that some of these charges are compulsory, and there’s no way to skip them.

    As shown above, other fees that Religare charges for the respective conditions. However, you don’t pay all these charges as the broker imposes these charges only when you are reaping the benefit of particular services offered by the broker for trading.

    Not all charges are relevant or related to each other. Hence you can feel good about that.

    Religare Securities Regulatory & Government Charges

    Segments Charges
    SEBI Turnover Charges 0.0001% (₹10/Crore)
    STT Equity 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: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
    GST 18% on (Brokerage + Transaction Charge + SEBI Fee)

    Religare is a regulated broking firm and complies with the conditions set by the government and regulatory bodies for a broking firm. Thus, regulatory and government charges also add more cuts to the final amount to be received in your account.

    Simply put, users need to pay 18% GST on each brokerage transaction. SEBI fees are also included here. These charges have no link with Religare income sources as they are transferred directly to the wallet of the government and the respective regulatory bodies.

    Religare Securities Brokerage Charges – Conclusion

    Religare Broking Ltd is undoubtedly a trusted name in the financial market territories. Most services that brokers provide are offered for free, but not always.

    But we can’t forget other charges that don’t make it an absolutely free alternative to looking forward. It is a full-service broker and charges fees against many of the services it provides.

    So make sure you review them carefully before investing.

    Religare Broking Brokerage Charges FAQs

    Here is the list of FAQs related to the Religare Securities brokerage charges:

    Does Religare Broking Charge Brokerage?

    Broking charges are unarguably a tension-deriving factor. But they are part of services provided by a broker to traders. Religare Broking doesn’t charge any commission against most of its tradable instruments. But it does charge commissions against options or futures trading.

    What is Intraday Brokerage of Religare Broking?

    There are no brokerage charges for intraday at Religare Broking if you are trading in equities. But options and future trades are subject to some charges. Hence, it is necessary for you to identify them before investing.

    What Other Charges were levied by Religare Broking?

    Another set of charges levied by this stock broking house is SEBI Turnover Charges, STT, Stamp Duty, GST, and Transaction charges. This is well placed in accordance with the government’s regulations and is charged on each and every trade alongside brokerage.

    Is Religare Broking a discount broker?

    No, Religare Broking is not a discount broker; rather, they are a full-service broker that provides all the stockbroking facilities, including the research and advisory facilities. They also have an offline presence in the form of branches and sub-brokers.

    Does Religare Broking have Free Delivery?

    Religare Broking charges no commission for delivery orders. They are absolutely FREE. But other charges, e.g., transaction fees, regulatory fees, and extra charges, don’t make it an entirely-free trading platform.

    How much does Religare Broking Charge for Options?

    Religare charges for options trading vary. For currency options, the broker charges Rs 5 per lot. Similarly, for commodities options trading, they are Rs 30 per lot. Equity options are stuck to Rs 5 per lot.

    What are Religare Broking Transaction Charges?

    Religare Broking transaction charges can vary from Rs 12 to Rs 25, which depends more on the type of transaction a user has made.

    What is the Demat AMC in Religare Broking?

    Holding an account with this stock broking house is subject to an Account maintenance charge which is taken once every year. The levied charge is Rs.400, but the perk provided is that it is waived off for the first year accordingly.

    Is Religare Broking Brokerage Free?

    No, there is a charge attached to every other form of investment with this stockbroking firm. The brokerage solely depends on the segment you choose to trade in, and the brokerage is charged on the total turnover of the transaction.

    What is the brokerage charge of Religare securities?

    The brokerage charge of Religare securities is NIL. But the offer isn’t available for other tradable instruments. Such as, there are no charges for trading options and futures.

    What is an STT charge in Religare?

    Security Transaction Tax in Religare is 0.1% on equity deliveries (on both buy and sell). Similarly, for Equity Intraday day, it is 0.025% on the sell-side. Futures and Options STT also varies.

    What is the available margin in Religare?

    For equity delivery orders, the margin value is 1x (100% of trade value). Similarly, for Equity Intraday Orders, the margin value is 5x (up to 20% of trade value). For the remaining assets, the margin is 1x (100% of NRML margin)

    What is AMC for Religare?

    Account Maintenance charges for Religare are Rs 400 p.a., But it will be free for first-year users.

    How much does Religare charge for futures and options?

    If you are trading Equity Futures, charges start from 0.05%. Similarly, for options, charges are Rs 5 per lot. This excludes additional charges.

    How much does Religare charge for delivery?

    For delivery orders, the broker charges nothing for commission. It is a discounted broker and hence offers budgetary trading solutions to traders. But it’s worth noting that relief isn’t provided across other charges.

    How much does Religare charge for intraday?

    For different assets, Religare decides on different rates. Such as, for intraday options, charges are Rs 5 per lot. Similarly, charges are 0.05% for other trading instruments for intraday.

    How much does Religare charge for commodities?

    Religare charges 0.05% per lot and Rs 30 per lot for commodity trades. Chang in commissions may be visible as it depends on the type of order you choose.

    How much does Religare charge for currency trading?

    Religare charges 0.05% on currency future trading and Rs 5 per lot for currency options.

    Does Religare offer Mutual Funds?

    Yes, Religare offers mutual funds that you can discover in a separate section given on the trading platform’s home page.

    Does Religare offer IPO?

    Yes, Religare lets you invest in some of the best-performing IPOs of the time.

    Is Religare safe for trading and long-term investment?

    Religare is a regulated broker, and its trustworthiness is backed by thousands of users who actively use the trading platform.

    Can I trade in Commodity using the Religare Mobile Trading App?

    Yes, users can trade commodities using the Religare mobile trading app, available for both android and apple users.

    How do I withdraw money using the ReligareDynami app?

    Users can withdraw their money from the Religare Dynamic app by simply going to the wallet section and entering the amount required to be withdrawn by simply selecting the ‘Withdraw’ option.

    What are account opening charges in Religare?

    Users can open an account for free on the Religare trading platform. The broker charges no fees on account opening from first-time users who have newly opened an account with Religare. However, other charges may be imposed on all.

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