In this article, we are going to discuss on Shah Investors Charges. Some of the charges levied by Shah Investors are Brokerage Charges, Account opening charges, transaction charges, and the other charges that sets by the government.
So, let’s take a review of the charges.
Shah Investor Brokerage Charges
Find below the information about Shah investor brokerage charges:
|Brokerage Charges of 2019|
|Equity Options||Rs 50|
|Currency Options||Rs 20|
|Flat Monthly Fees, if any||NA|
Shah Investors sets 0.30% brokerage charges for equity delivery, for equity Intraday, equity futures and currency futures the broking house charges 0.03% brokerage.
For equity options the brokerage charges are Rs. 50 and for currency options it will be Rs. 20 per lot respectively.
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Shah Investor Account Opening Charges
Get the detailed table of shah Investor account opening charges:
|Account Opening Charges of 2019|
|Account Processing Charges||Nil|
|Trading Account Opening Charges [One Time]||Zero|
|Trading AMC [Yearly]||Zero|
|Demat Account Opening Charges [One Time]||Rs.500|
|Demat AMC [Yearly]||Rs.250|
|Margin Money||Rs.20,000 Minimum|
At shah Investor there will be charges for account processing, trading account opening and trading AMC. Only clients have to pay Rs. 500 as demat account opening charges and Rs. 250 as a demat AMC.
The margin money is Rs. 20,000 only.
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Shah Investor Transaction Charges
Get detailed table of Shah Investor transaction charges:
|Transaction Charges 2019|
- The transaction charges for equity delivery is 0.00325% respectively.
- The transaction charges for equity Intraday is 0.00280 % respectively.
- Transaction charges for equity futures 0.00295% respectively.
- The transaction charges for equity options 0.00310% respectively.
- The transaction charges for currency futures 0.00300% respectively.
- Transaction charges for currency options 0.00250% respectively.
- The transaction charges for commodity o.o0332% respectively.
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Shah Investor Other Charges
Get detailed table of various other charges levied by shah Investor:
|Other Charges 2019|
|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|
|Account Closure Charges||Zero|
Shah investors sets SEBI turnover charges which are 0.0002% of total turnover and the STT charges are 0.0126% of total turnover respectively.
The GST charges are levied by the government that are 18% of ( brokerage + transaction charges). The stamp duty charges that depends on the state government are lies between 0.002%- 0.004% respectively. The margin funding charges are 18%+ GST.
Shah investors sets not reactivation charges and account closure charges. The dematerialisation charges are Rs. 40 only.
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