We’ve created this article to brief you all about SAS Online charges. We’ve included SAS Online Brokerage charges, Trading charges, brokerage and other relevant taxes that they levy. Stay with us throughout the article as we explain each of the charges with complete details.
SAS Online is amongst India’s most recognized and trusted online broker. They bring in a new aspect of investment and trading to the table. The company came into play in the year 2013.
Many other companies joined in the competition during this period. However, no one embraced technology as much as SAS Online.
SAS Online Brokerage Charges
We’ve displayed a table underneath to showcase all of SAS Online brokerage.
|Equity Delivery Trading||0.28%|
|Equity Intraday Trading||0.03%|
|Equity Futures Trading||0.03%|
|Equity Options Trading||Rs.28 per Lot|
|Currency Futures Trading||0.03%|
|Currency Options Trading||Rs.18 per Lot|
|Minimum Brokerage||Percentage of Transaction|
|Demat AMC Charges||Rs.300 per Annum|
|Trading AMC Charges||Free|
|Margin Money||Zero Margin|
|Brokerage Calculator||SAS Online Brokerage Calculator|
The table above distinguishes SAS Online Brokerage charges into several categories. Each of these charges are levied on the basis of varying services provided by the company. The very first service provided by SAS Online is for Equity Delivery trading. These services come at a brokerage rate of 0.28% per trade.
The next set of services concerns Equity Intraday, Equity Futures and Currency Futures Trading. These services are rendered at a rate of 0.03% per trade each. The company does not provide services for Commodity trading. However, the services for Equity Options Trading are available at Rs.28 per lot.
Moreover, the services pertaining to Currency Options Trading are granted at Rs.18 per lot. The minimum brokerage as required by the company depends upon the percentage of transaction. SAS Online does not levy any charges on Trading AMC.
However, they do incur a charge of Rs.300 per annum for Demat AMC. On the other hand, the company does not require any specific Margin Money retention. We have detailed about the overall brokerage incursion process. However, you must still refer to SAS Online Brokerage Calculator for precise brokerage rates.
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SAS Online Account Opening Charges
All of SAS Online Account Opening Charges are enlisted within the table below.
|Account Opening Charges|
|Trading Charges [One Time]||Free|
|Trading AMC [Yearly]||Free|
|Demat Charges [One Time]||Free|
|Demat AMC [Yearly]||Rs.300 per Annum|
|Margin Money||Zero Margin|
We’ve explained everything about SAS Online Trading charges within the previous section. Now it’s time that we tell you about SAS Online AMC charges. These charges are usually incurred at the time of registration or annually by brokerage houses. SAS Online is a bit different from most of its competitors.
It does not charge even a single penny in terms of Trading Account opening or AMC. In fact, it does not even levy any charges for Demat Account opening purposes. It even allows the traders and investors to maintain a zero balance in terms of Margin Money. However, it still requires the traders to pay Rs.300 per annum pertaining to Demat AMC.
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SAS Online Transaction Charges
You can get a hint about all of SAS Online Transaction Charges by looking at the table below.
If you merely take a glance at the table above, you’ll get a complete understanding about SAS Online broking charges. SAS Online does not distinguish their transaction charges for their services. On the contrary, they tend to levy the exact same charge for every service they render.
They typically charge a sum worth 0.00300% per transaction in this matter. All of their services related to Currency Options, Equity Intraday, Equity Delivery, Currency Futures, Equity Options, Equity Futures and Commodity trading fall under this category.
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SAS Online Charges
SAS Online charges include certain taxes apart from mere brokerage. These taxes are levied as per the policies established by the government and, the table underneath provides complete information on the same.
|SEBI Turnover Charges||0.0002% of Total Turnover|
|STT||0.0126% of Total Turnover|
|Stamp Duty||Depends on State (very minimal)|
|GST||18% of (Brokerage + Transaction Charges)|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs.50 per Segment|
|Account Closure Charges||Zero|
As you can observe from the table above, SAS Online incurs a total of 7 specific charges in this matter. To begin with, we have SEBI Turnover Charge. The company levies a sum of 0.0002% of total turnover for this. The next set of charges is levied in terms of STT or Securities Transaction Tax.
This requires a payment worth 0.0126% of total turnover by the traders. Then comes the GST. This is charged at 18% rate over the sum of brokerage and transaction. Another 18% + GST is charged for every Margin Funding provided by the company.
The last form of tax is levied in terms of Stamp Duty. This is however, a variable charge and, it depends upon the state where the transaction takes place. There are a few other charges apart from these as well. They include Rs.50 per segment in case a Reactivation is required.
Another, Rs.53 is levied in terms of Dematerialization. The company does not charge anything for Account Closure purposes nonetheless.
SAS Online Charges – Conclusion
The article has everything related to SAS Online Charges. We have detailed about SAS Online Demat Charges, Trading Charges, brokerage and even certain taxes.
However, to trade with them or not is a decision that you must take. We urge you to thoroughly think through the decision making phase, so you invest with a worthy company.
SAS Online Brokerage Charges FAQs
Ques – Does SAS Online Charge Brokerage?
Answer – Yes, this stock broking house has a pattern of charging fee from their clients. They abide by that structure where each of the investment segments has a different rate of brokerage and the clients are charged on the basis of the same structure.
Ques – What is SAS Online Brokerage Charges?
Answer – Here is the information in relation with the Brokerage charges based on per Segment. Brokerage for delivery is 0.28%, the highest, Intraday, Currency Futures and Equity Futures is 0.03%, Equity Options is Rs.28 per Lot and that of Currency Options is Rs.18 per Lot.
Ques – What is Intraday Brokerage of SAS Online?
Answer – If you specifically wish to invest in the intraday segment and wish to invest in the same we have the brokerage rate for you, and it is probably the lowest rate. The exact rate is 0.03% for the intraday segment and you can check the other in the table provided.
Ques – What other Charges levied by SAS Online?
Answer – Brokerage is charged on every transaction that you commence, and so are another list of charges levied on each of the trade order that you place. So, accordingly, the other charges are SEBI Turnover Charges, STT, Stamp Duty, GST, Transaction charges or even Margin Funding Charges.
Ques – Is SAS Online a discount broker?
Answer – Yes, This stock broking house belongs to the club of discount brokers who have take the market by storm recently. They have managed to gain a special stature for themselves in the market as they provide trading possibility at cheap rates.
Ques – Does SAS Online have Free Delivery?
Answer – No, free delivery is not the norm of this stock broking house, and the clients are thereby required to provide a charge for trading in this particular segment. You will however be charged cheap rate for the same, as this stock broker is a discount broker.
Ques – How much SAS Online Charge for Options?
Answer – The charges for both the options segments are not the same, i.e. the charges vary for both the currency options segment and the equity options segment. Rs.28 per Lot is the charge for the equity segment, while Rs.18 per Lot is for the currency segment.
Ques – What are SAS Online Transaction Charges?
Answer – The transaction charges for all the segments provided for trading is the same and it is a small amount. 0.00300% is the charge for all the segments in common, and if you commute it, it accounts to a pretty tiny amount.
Ques – What is the Demat AMC in SAS Online?
Answer – There is also an account opening charge levied on the demat account holders and it is taken on the basis of per annum. According to the charge fixed by this stock broker, the charge is of Rs.300, which has to be paid once in a year.
Ques – Is SAS Online Brokerage Free?
Answer – No, the brokerage is not waived off for any of the segments investment as provided by this stock broking house. Hence, it would not be fair to say that SAS Online is free from brokerage, as the clients are obligated to pay the charge.
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