This article will brief you throughout VCK Stock Broking charges. That’s why we have a step by step information on VCK Stock Broking Demat charges, account opening charges, Transaction charges and more.
Customers can trade in Equities, Currencies, Mutual Funds and a lot of other segments. In short, VCK Stock Broking is the apt choice for a budding stock trader. We even have a short review on some of these services. So, let’s dig into the details without any further distraction.
VCK Stock Broking Brokerage Charges
Brokerage charges are commission which a firm imposes on all trading services. The table below enlists services and charges applicable under the VCK Stock Broking brokerage chart:
|Equity Options||Rs.28 per Lot|
|Currency Options||Rs.18 per Lot|
|Flat Monthly Fees, if any||NA|
VCK Stock Broking brokerage charges are one of the best. In fact, it’s astonishing to see how even after being amongst top firms, VCK levies such nominal rates.
More importantly, the charges are not lowered at the cost of compromised services.
On the contrary, all services offered are at par with the industry standards. Services offered are divided into twelve succeeding parts. Each part specifies the applicable charge for an individual service. Equity Delivery trading is charged at a rate of 0.28%.
Equity Intraday, Equity Futures and Currency Futures trading are charged 0.03% each. The Equity Options and Currency Option trading are charged at a rate of Rs.28 and Rs.18 per lot respectively and, the Demat AMC is levied at Rs.280 per annum.
The traders are relieved from any sort of Trading AMCs. Additionally, VCK Stock broking facilitates zero Margin Money balance. This means that the traders can trade without worrying about their account balance. VCK Stock Broking clearly has an advantage over firms asking for Margin Balance.
Compare Stock Brokers
Get a Call back from VCK Stock Broking – Fill up the form Now!
VCK Stock Broking Account Opening Charges
VCK Stock Broking is a three decades old full service brokerage house. It’s provided excellent trading and investment services for such a great period of time.
It is a household name among investors and brokers with its age-old experience and, it’s not wrong to say that it’s won the hearts of its customers.
VCK Stock Broking account opening charges are presented in detail in the table beneath. Moreover, we’ve kept it rather simple for your understanding:
|Trading Account Opening Charges [One Time]||Rs.330|
|Trading AMC [Yearly]||Free|
|Demat Account Opening Charges [One Time]||Free|
|Demat AMC [Yearly]||Rs.280 per Annum|
|Margin Money||Zero Margin|
|Brokerage Calculator||Vck Stock Broking Brokerage Calculator|
|Margin Calculator||VCK Stock Broking Margin Calculator|
VCK Stock Broking does not imply any Demat Charges to the traders. Also, the VCK Stock Broking AMC charge for Trading Accounts is zero. Similarly, VCK Stock Broking Trading Charges nothing for its trading services.
The broker does charge Rs.280 per annum for Demat AMC. However, the service which traders enjoy most the is zero Margin Money requirement. This means, customers can keep on investing without worrying about any margin money limitations. Now, that sounds fantastic.
Find Account Opening Charges of other Stock Brokers
|Nirmal Bang Charges||Religare Securities Charges||Reliance Securities Charges||Tradebulls Securities Charges|
|Aditya Birla Money Charges||Smc Global Charges||Ventura Securities Charges||Samco Securities Charges|
VCK Stock Broking Transaction Charges
VCK Stock was founded by Hemal Kampani in 1989 and, it is located across the heart of Kolkata. The Stock Broker is one among the top firms in India.
It’s even a prime depository participant of CDSL. This encourages Demat and Trading activities through electronically managed structure.
VCK Stock Broking Transaction charges are amazingly lower as compared to other firms. The rates are listed below in a tabular manner and, it definitely is a customer centric approach. Anyway, here’s the charges for these services:
|Transaction Charges 2019||0.00280%|
Please note that transaction charges are levied additionally to brokerage charges. These are implied on each kind of transaction respectively. And, the nature or motive of the transactions have no impact on it. VCK Stock Broking charges their traders with a unanimous transaction rate.
So, every single transaction is charged at the rate of 0.00280% and, this rate is valid for all trading domains. In other words, every transaction within Equity Delivery, Equity Intraday, Equity Futures, Equity Options, Currency Futures, Currency Options and Commodity Trading falls under this category.
Find Transaction Charges of other Brokers
|Lkp Securities Charges||Shri Parasram Holdings Charges||Alankit Assignments Charges||Bma Wealth Creators Charges|
|Shah Investor Charges||Shriram Insight Charges||Eureka Securities Charges||Ase Capital Markets Charges|
VCK Stock Broking Other Charges
The government levies taxes on various services which brokers provide to traders. These taxes are eventually extracted from traders by means of stock brokers. Many of the tax rates are similar for most of the financial firms.
Still there are some differences. The below table reveals the rate at which VCK Stock Broking charges these taxes:
|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.55 per Segment|
|Account Closure Charges||Rs.50 per Segment|
The list above provides relevant charges which VCK Stock Broking charges for specific services. These taxes are otherwise known as VCK Stock Broking other charges. And, they’re charged under various categories. SEBI Turnover Charges are charged at the rate of 0.0002% of total turnover.
STT or Securities Transaction Tax is the second category and, it is incurred at 0.0126% of total turnover. Next is the Stamp Duty that may be different state wise. However, it’s minimal and should not cause much concern.
GST is the next. GST is charged 18% over summation of brokerage and transaction charges. The Margin Funds are also charged at the rate of 18% plus GST.
Trading account closure is free. Nonetheless, reactivation of account is charged at Rs.50 per segment. Dematerialization, on the other hand is incurred at a rate of Rs.53. Getting your stocks dematerialized is beneficial for smooth functioning not only in VCK Stock Broking but also in other firms unanimously.
VCK Stock Charges – Conclusion
VCK Stock Broking firm is very much popular in the stock market due to its spectacular service offerings. The company offers convenient and flexible services to its entire customer range. The article has briefed up all the essential charges applicable on trading account with VCK stock broking.
VCK Stock Broking is also a member of Calcutta Stock Exchange Association limited (CSE), BSE, NSE, Ahmedabad Stock exchange Limited (ASE), OTC Exchange of India (OTCEI) and MCX SX. It offers a wide range of trading products to all its customers and, all these products are made to be customer friendly.
The list includes VCK Stock Demat charges, government taxes, and any other sort of charges. Well, VCK stock broking firm looks the best in all aspects whether in relation to transaction charges or customer services. All in all, it’s worthwhile to begin trading account with VCK.
Open Demat Account with VCK Stock Broking – Fill up the Form Now!
Most Read Articles