IND Pricing
  • 0

    Account Opening & AMC

    trading & demat opening, maintenance charges

  • % 0.1

    Equity Brokerage

    or ₹20 per executed order, whichever is lower - Minimum ₹2 per executed order

  • 20

    F&O Brokerage

    per executed order

  • 20

    Pledge & Unpledge

    ₹20 + GST per ISIN per transaction

  • Regulatory Charges
  • Depository Charges
  • Other Charges
Equity
Futures & Options
Delivery
Intraday
Futures
Options
Exchange Transaction Charges
For both Buy & Sell
0.00297%
NSE
0.00375%
BSE
0.00173% (on contract value)
NSE
0
BSE
0.03503% (on premium)
NSE
0.0325%(on premium)
BSE -Sensex and Bankex Contracts
0.005%(on premium)
BSE -Stock options and Sensex 50 Contracts
STT
0.10%
Buy and Sell
0.025%
Sell
0
Buy
0.02%
Sell
0
Buy
0.1%(on premium)
Sell
Stamp Duty
0.015%
Buy
0.003%
Buy
0.002%
Buy
0
Sell
0.003%
Buy
0
Sell
SEBI Charges
For both Buy & Sell
0.0001%
of Turnover
0.0001%
of Turnover
0.0001%
of Turnover
0.0001%
of Turnover
IPFT Charges
(Investor Protection Fund Trust)
0.0001%
of Turnover
0.0001%
of Turnover
0.0001%
of Turnover
0.0005%
of Turnover

Brokerage will not exceed the SEBI prescribed limit

Charges explained

Exchange Transaction/Turnover Charges

This is charged by the exchange : NSE/BSE; on the value of your transactions executed on the respective exchange.
For NSE,
The charge is 0.00322% of transaction value for all stocks.

For BSE,
The charge depends on the group of the traded stock, and is as follows :
Stocks part of Group A,B,E,F,FC,G,GC,I, and W are charged @ 0.00375% of transaction value.
Stocks part of Group M,MT,TS,MS,IF,IT, and R are charged @ 0.00275% of transaction value.
Stocks part of Group X,XT,Z are charged @ 0.1% of transaction value.
Stocks part of Group P,ZP are charged @ 1% of transaction value.
Stocks traded under the odd lot mechanism (excluding scrips belonging to M,IF, and IT) are charged @ 1% of transaction value.

DP (Depository Participant) Charges (On Delivery Sell Orders)

This is charged by the depository and depository participant for debiting shares from your demat account and inter-settlement BTST transactions.
This is charged as :
DP charges when buying : ₹ 0
DP charges when selling : ₹ 18.5 + GST per ISIN per Transaction, Male - INR 3.50 (CDSL) + INR 15.00 (INDstocks Charge). Female - INR 3.25 (CDSL) + INR 15.25 (INDstocks Charge)

Examples to understand how this works?

Example 1 : Say you execute 5 delivery sell orders in Stock X in one trading session.
For this activity you will be charged ₹ 18.5+GST.
As in this case you sold only 1 ISIN (Stock X) multiple times, and DP charges depends on the number of unique ISINs sold as delivery orders (in this case 1), regardless of the individual quantity/orders of each ISIN sold.

Example 2 : Say you execute 10 delivery sell orders , 3 in Stock X, 5 in Stock Y, and 2 in Stock Z.
For this activity, you will be charges a total of 3*(₹ 18.5+GST).
As in this case you sold 3 ISINs (Stock X, Stock Y,and Stock Z) multiple times, and DP charges depends on the number of unique ISINs sold as delivery orders (in this case 3), regardless of the individual quantity/orders of each ISIN sold.

Securities Transaction Tax (STT)

This is charged by the government when you transact on the exchanges.
Charged as above on both buy and sell orders for equity delivery trades.
Charged as above only for sell order for equity intraday trades.
When trading at INDstocks, STT can be alot more than the brokerage we charge. Important to keep a tab on.

This is charged as :
For equity deliver orders (Buy and Sell) : 0.1% of order amount.
For equity intraday orders (charged only on the sell order) : 0.025% of order amount.

Stamp Duty

This is charged by the government for the contract note issued for your trading activity.

This charge is applicable only for Buy orders as mentioned above.

SEBI Turnover Charges

This is charged by the Securities and Exchange Board of India for regulating the markets.
This is charged @ 0.0001% of order value.

Physical Statement Courier

The charges for physical statement quoted above of ₹300/- per request and for BSDA ₹25/- per request are exclusive of courier charges and applicable taxes.

Off Market transfers from the Demat Account

Any off-market transactions that will be executed by you will be charged @ ₹ 10, this is inclusive of depository charges as well.

Remat Charges

These are charged for any rematerialization of shares request processed for you.
Rematerialization of shares is the process by which you can get your electronic share holdings converted to physical share certificates.
This is charged @ INR 250 per certificate rematerialized, this is inclusive of any Depository charges.

Demat Charges

These are charged for any dematerialization of shares request processed for you.
Dematerialization of shares is the process by which you can get your physical share certificates converted to electronic share holdings.
This is charged @ INR 250 per certificate rematerialized, this is inclusive of any Depository charges.

Deposit using Netbanking

These are payment gateway charges and are charged @ ₹ 10 per deposit done via net-banking. (Not charged for deposits done via UPI).

Call and Trade Charges

Additional charges of ₹ 500 per order for orders placed through our support/trading desk.
You can place buy and sell orders by calling us at 04048214404

GST

This is tax charged by the government on services rendered.
This is charged as 18% on Brokerage, SEBI charges, deposit via net-banking, DP charges, Unpledge charges, Auto-square off charges, call and trade charges, demat/remat charges, and physical statement charges.

Pledge charges

Pledge and unpledge charges are ₹20 + GST per ISIN per pledge transaction. A unique Pledge Sequence Number (PSN) is generated for each ISIN during pledging, with the same charges applicable for unpledging each PSN.

Zero Brokerage Offer – Terms and Conditions

These terms and conditions (“Offer T&Cs”) govern the Zero Brokerage Offer (“Offer”) made available by INDstocks Private Limited (formerly INDmoney Private Limited), a company incorporated under the Companies Act, 2013, having its registered office at 616, 6th Floor, Suncity Success Tower, Golf Course Extension Road, Sector-65, Gurugram, Haryana – 122005, India (“Company”, “We”, “Our”, “Us”).

These Offer T&Cs shall be read in conjunction with, and not in derogation of, the INDmoney Platform’s Terms and Conditions, Privacy Policy, policies and procedures, account opening form(s), undertaking(s), tariff schedules, authorization(s), and other applicable documents governing the use of securities trading services offered by the Company. These collectively constitute a legally binding agreement between you and the Company for participating in this Offer.

By availing or continuing to use the Offer, you acknowledge that you have read, understood, and agreed to be bound by these Offer T&Cs:

  1. The Offer is valid from July 1, 2025, until withdrawn or modified by the Company, and is applicable to both new and existing clients holding an active INDstocks account.
  2. Offer Details: Zero Brokerage
    1. New Clients: Clients who are onboarded between July 1, 2025 and July 31, 2025 (both dates inclusive), and who have successfully completed Know Your Customer (KYC) and account opening formalities, shall be eligible for zero brokerage on all equity delivery, intraday, and futures & options (F&O) trades executed within a continuous period of 30 calendar days, which must commence on or before March 31, 2026.
    2. Existing Clients: Clients who were onboarded on or before June 30, 2025, shall be eligible for zero brokerage on all equity delivery, intraday, and F&O trades executed between July 1, 2025 and July 31, 2025 (both dates inclusive).
  3. All other applicable charges (such as taxes, statutory levies, exchange transaction charges, SEBI/DP charges, etc.) shall continue to apply during the 30 days zero brokerage period. Only the brokerage component is waived under this Offer.
  4. Upon completion of the zero brokerage period, the standard brokerage charges as per the applicable tariff sheet shall automatically apply to all subsequent transactions.
  5. This Offer is non-transferable, non-exchangeable, and cannot be combined with any other existing or future promotional offers or schemes.
  6. The Company reserves the absolute right to withdraw, modify, or cancel this Offer at any time, without prior notice, including but not limited to cases of suspected misuse, abuse, or breach of any applicable terms and conditions. The Offer may not be made available to all clients and may be restricted in certain geographic locations or to certain client categories, at the sole discretion of the Company. The Company retains full and final discretion in determining client eligibility, and any such decision shall be final, conclusive, and binding.
  7. The Company, its affiliates, group companies and any of their respective officers, directors, employees, or agents shall not be liable for any loss, cost, damage, or liability, whether direct or indirect, arising from or in connection with this Offer.

Frequently Asked Questions

In case you missed anything

Is there any account opening fee on INDstocks?

Is there any account maintenance fee?

How much time will it take to deposit money to the INDstocks wallet?

How much time does it take to withdraw money from the INDstocks wallet?

How long does it take to activate a Stocks Account on INDstocks?

How is GST calculated on the different charges?

What is pledge?

What are the timings to raise a pledge and unpledge request?