discountSEBI: INZ000031633100% Primary SourcesWatchdog Monitored

Zerodha

Zerodha Broking Limited

Founded 2010Bengaluru, KarnatakaExchanges: NSE, BSE, MCXDepository: CDSL

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Official Tariff Document: Zerodha Official List of Charges & Taxes (Audited: 2026-11-03)

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Discount Brokerage ModelFounded 2010

Executive Profile: Zerodha

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Zerodha operates on a technology-first discount brokerage structure. It offers low-friction order routing, unbundled research, flat execution commissions, and direct access to NSE, BSE, and MCX exchanges without percentage-based turnover fees.

Legal EntityZerodha Broking Limited

SEBI RegistrationINZ000031633

Exchange ClearancesNSE, BSE, MCX

Depository AffiliationCDSL

Key Tariff Snapshot

Audited against primary broker schedules

Equity Delivery

₹0 Free

Holding stocks overnight (CNC)

Equity Intraday

₹20

Day trading stocks (MIS)

Equity Options

₹20

Flat per executed contract

CDSL DP Charge

₹19.00 + GST per scrip

Per scrip debited on sell

Demat AMC

₹300 / year + GST

Annual account maintenance

Trading API Cost

₹500 / month

Programmatic algorithmic access

Trading Brokerage Schedule

Dynamic broker commissions across capital and derivative market segments. Statutory taxes (STT, GST, Stamp duty) are levied separately per regulatory schedules.

Equity Delivery

Buying and holding stocks overnight (CNC/Delivery)

Note: Zero brokerage for equity delivery investments

₹0 Free

Equity Intraday

Day-trading stocks squared off before market close (MIS)

Note: Flat ₹20 or 0.03% (whichever is lower) per executed order

₹20

Equity Futures

Index & stock futures contracts (NSE/BSE)

Note: Flat ₹20 or 0.03% (whichever is lower) per executed order

₹20

Equity Options

Options contracts executed on premium turnover

Note: Flat ₹20 per executed order on premium turnover

₹20

Demat & Account Tariffs

Onboarding, annual depository maintenance (AMC), and depository debit charges on equity delivery sales.

Trading Account Opening

One-time onboarding and account setup fee

Note: ₹0 for online digital account opening; ₹200 for physical/paper account opening

₹0 Free

Demat AMC (Annual Maintenance)

Yearly depository maintenance charge

Note: Billed quarterly @ ₹75 + GST; ₹0 for BSDA accounts below ₹4,00,000 holding

₹300 / year + GST

DP (Depository Participant) Charge

Charged by depository + broker per scrip debited on sell

Note: ₹19.00 + GST per scrip per day on sell debit (₹13.50 CDSL fee + ₹5.50 Zerodha fee; Total ₹22.42 incl. GST)

₹19.00 + GST per scrip

Ancillary & Hidden Charges

Operational and risk management penalty fees that are often omitted from prominent marketing materials.

Call & Trade Charge

Fee per order placed via broker dealer desk

Note: Levied for orders placed through dealer support telephone desk

₹50 + GST per executed order

RMS Auto-Square Off

Charged when risk management auto squares off margin shortfall

Note: Additional charge for intraday positions auto squared off by RMS

₹50 + GST per order

Physical Contract Note

Dispatched via postal courier per contract request

Note: Courier dispatched per contract note request

₹20 + ₹50 courier charge per contract

Pledge / Unpledge Fee

Fee per scrip for collateral margin pledging

Note: ₹30 + 18% GST per pledge request per ISIN regardless of quantity

₹30 + GST per ISIN

Complete Brokerage Schedule

Explore itemized commissions for delivery, intraday, futures, and options contracts with verified provenance links on every row.

Ancillary Fees & Penalty Audit

Review secondary penalty fees, RMS auto square-off charges, call & trade desks, and MTF interest rates.

SEBI Investor Redressal & Support

SEBI complaints escalation matrix and customer support ticketing portals.

Complaints Escalation Support Portal