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Zerodha

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Hi Sachin
Could you tell me what is the transaction charge you charge in future and what is recommended by nse please?
In my today's contract note you charge 0.0054% which counts Rs 11 more per contract as compare to normal charges.
Hi Irfan if you can just go back a few sheets we have had extensive decision on the same topic... Transaction charges include NSE transaction charges and clearing charges, which 0.0054% with us... If you can leave your email id on [email protected], will send you the brokerage calculator including exact charges...

Cheers..
 

Zerodha

Well-Known Member
I received a statement from IL&FS asking for a payment of Rs 197.30

I did transfer some shares from my HDFC Sec account to ILFS but Rs 197.30 can't be the fees for off-market transfer of shares.

Has anyone here also received such statement asking for payment to ILFS?

Anyway, are we supposed to make payment of DP fees in future directly to ILFS using net banking or will Zerodha debit fees from our account and pay that to ILFS?
That bill must be for the amc charge which is charged Rs200/6 months... All the fees will be debited by Zerodha and hence nothing has to be done from your side...
 

Zerodha

Well-Known Member
if a person opened demat in month of nov or dec he should pay 200 as dec is their six month end..........not fair

your back office is not functioning today
The bill is sent but it has to be settled only at the end of 6 months, we haven't debited anything, you might have only received a bill...... Working on the back office should be up in a while.... Cheers..
 
hey i got mail from IL&FS asking for Rs186/- too!!!

n yes all ur sites r down at the moment i think.... can not log in to back office as well as nowonline.in
 
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Hi Irfan if you can just go back a few sheets we have had extensive decision on the same topic... Transaction charges include NSE transaction charges and clearing charges, which 0.0054% with us... If you can leave your email id on [email protected], will send you the brokerage calculator including exact charges...

Cheers..
Dear Zerodha, All is well and great with you, except transaction charges.

NSE Transaction charges for Option is 0.05 % on premium but you charge 0.08 %, for One Lot of NIFTY (50), cast for Rs 100, charges are 8 Rs per lot instead of Rs 5 per Lot. So its Rs 3 per lot Extra, But if Option price less than Rs 50 ,than charges become negligible.

But for Future trading , charges are very High, If we trade 50 Nifty @ 6100, we have to pay Rs 32.94 (@0.0054%) instead of Rs 11.59 (@0.0019 %) , Its mean Rs 21.35 per lot extra, Its mean Rs 10.675 extra for Buying and Rs 10.675 For selling +20 Rs per trade brokerage, so its become very high compare to other broker who charge Rs 9 per lot.

I hope Zerodha will consider to reduce Transaction Charges....
 

ranger123

Well-Known Member
Dear Zerodha, All is well and great with you, except transaction charges.

NSE Transaction charges for Option is 0.05 % on premium but you charge 0.08 %, for One Lot of NIFTY (50), cast for Rs 100, charges are 8 Rs per lot instead of Rs 5 per Lot. So its Rs 3 per lot Extra, But if Option price less than Rs 50 ,than charges become negligible.

But for Future trading , charges are very High, If we trade 50 Nifty @ 6100, we have to pay Rs 32.94 (@0.0054%) instead of Rs 11.59 (@0.0019 %) , Its mean Rs 21.35 per lot extra, Its mean Rs 10.675 extra for Buying and Rs 10.675 For selling +20 Rs per trade brokerage, so its become very high compare to other broker who charge Rs 9 per lot.

I hope Zerodha will consider to reduce Transaction Charges....
Good it is that some more fellow know this things now.

Thank you and best of luck.
 

Raju

Well-Known Member
deleted....
 
morning guys

is the back office site working for u? also the is nowonline.in? its strange but i can not access the both site from last night ..... any1 had same experience?

cheers
 
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