An Explainer To Trade Charges On Paytm Money2 min read
When you carry trade on the Paytm Money platform there are certain charges that you pay. These charges include exchange charges, GST, and so on. Let’s understand these charges in detail.
Exchange Turnover Charges:
The exchange transaction charge is calculated on the pending order value based or product. The transaction fee is applicable for all trading segments including equity (intraday, delivery, F&O). Exchange (NSE and BSE) has charged 0.03% for Intraday and for delivery 0.13% on pending order value.
For instance, if you placed pending order worth of Rs 1,00,000 in Intraday order then Rs 30 (0.03%) amount will block and Rs. 130 (0.13%) amount will block on delivery pending order.
Calculation of pending order value:
Intraday Order :100000*0.03% = Rs. 30
Delivery Order : 100000*0.13% = Rs. 130
GST:
Rate of GST applicable on brokerage for share transaction is 18% and exchange turnover charges.
For example, if you buy one stock worth of Rs 1,00,000 in Intraday order, you pay Rs 2.42 (18% on brokerage + Exchange Turnover charges) and for delivery you pay Rs. 0.62 (18% on brokerage + Exchange Turnover charges).
Calculation:
NSE:
Intraday Order brokerage/Exchange Turnover charges : (10 + 3.45)*18% = Rs. 2.42
Delivery Order brokerage/Exchange Turnover charges : (0.01 + 3.45)*18% = Rs. 0.62
BSE:
Intraday Order brokerage/Exchange Turnover charges : (10 + 3.45)*18% = Rs. 2.42
Delivery Order brokerage/Exchange Turnover charges : (0.01 + 3.45)*18% = Rs. 0.62
Security Transaction Tax (STT):
The Security Transaction Tax (STT) is charged based on the trading segment and the transaction type. STT is the tax paid to the Government of India when you buy or sell securities.
0.025% of turnover on Intraday order and 0.1% of turnover on delivery order.
For example, if you buy stock 200 quantity for Rs. 103.75 (per share) in intraday, you pay Rs 5.19 (0.025%) and for delivery sell order with same quantity and price, you pay Rs. 20.75 (0.1%).
Calculation:
Intraday order : 200*103.75*0.05% = Rs. 5.19
Delivery order : 200*103.75*0.1% = Rs. 10.75
SEBI Charges:
The Security and Exchange Board of India (SEBI) charges fees on security transactions for regulating the market. The charges are 0.00010% of turnover.
For example, if your day turnover is Rs 10,000,000 you need to pay Rs 10 (0.00010%) as a SEBI charge.
Stamp duty charges:
Stamp duty charges are applied at different states as per the Stamp Duty Act of 1899. The stamp duty is applicable only on the buy-side not on the sell-side.
0.003% of turnover on Intraday buy orders and 0.015% of turnover on delivery buy orders.
For example, if you buy stock worth Rs 1,00,000 in an Intraday order, you pay Rs 3 (0.003%) and for delivery you pay Rs. 15 (0.015%).
Calculation:
Intraday Order :100000*0.003% = Rs. 3
Delivery Oder : 100000*0.015% = Rs. 15
Brokerage Calculator:
On Paytm Money’s brokerage calculator you can find all these charges.
Note: These charges may change in the future as per exchanges, SEBI, and regulatory directives.
Disclaimer –
“This content is purely for information and investor awareness purpose only. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit.
Paytm Money Ltd SEBI Reg No. Broking – INZ000240532. NSE (90165), BSE(6707) Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019.
