STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Indira Securities Brokerage Charges 2023 | Review, Fees, Plan, Taxes

 
 
 
 
 

Indira Securities Account Opening Enquiry


  • Best Margin

  • Zero Brokerage.

  • Free Api

  • 24*7 Customer Support.

  • Fastest mobile support

 
Open Instant Online Account
 
Get Instant Call Back

Indira Securities Brokerage Review

Indira Securities is the one of the leading stockbrokers of India operational since 1987. This Indore-based stockbroker is a big name of the Indian stock industry. Indira Securities facilitate you to invest in NSE, BSE, MCX and NCDEX. Indira Securities is a SEBI registered broker and depositary participant of national organization CDSL. It offers free demat and trading account opening services in its platform. Indira Securities provides the facility to invest in equities, derivatives, currency, commodities, mutual fund, fixed deposit, online IPO applications, insurance and national pension scheme. Any NRI across the world can invest in Indian brokerage industry through Indira Securities. Indira Securities has its presence in more than 350+ locations across India. Indira Securities offers Algo trading facility on its platform through which you can be able to place high-frequency trades. You can transform your strategy into an algo.
Indira Securities is well-known for its attractive leverage and exposure facility through which you can buy unaffordable shares and trade more in the share market. Indira Securities. Indira Securities offers desktop-based, browser-based and mobile-based trading platforms which are fully capable to provide you modern and technical services, real-time news etc.

Indira Securities Account Opening Charges:

Demat and trading account opening charges of Indira Securities are as follows:

Account

Charges

Trading Account Opening Charges

Rs 0

Trading Account AMC

Rs 0

Demat Account Opening Charges

Rs 0

Demat AMC

Rs 450 annually (1st year free)


Indira Securities Brokerage:

Indira Securities offers 2 types of brokerage plans which are as follows:

1. Indira Securities Discount Brokerage Plan:

Indira Securities offers Discount Brokerage Plan for online customers of India except for Madhya Pradesh and Rajasthan.

Segment

Brokerage

Equity Delivery

Rs 20 per executed order

Equity Intraday

Rs 20 per executed order

Equity Futures

Rs 20 per executed order

Equity Options

Rs 20 per executed order

Currency Futures

Rs 20 per executed order

Currency Options

Rs 20 per executed order

Commodity Futures

Rs 20 per executed order

Commodity Options

Rs 20 per executed order


2. Indira Securities Traditional Plan:

Indira Securities offers a Traditional plan to every customer spread across India. It is a percentage-based plan in which brokerage is variable in all the segments.

Segment

Brokerage

Equity Delivery

0.10%

Equity Intraday

0.01%

Equity Futures

0.01%

Equity Options

Rs 25 per lot (both sides)

Currency Futures

0.01%

Currency Options

Rs 25 per lot (both sides)

Commodity Futures

0.01%

Commodity OptionsRs 25 per lot (both sides)

 

Indira Securities Demat Account Charges:

Some other demat transactions charges are as follows:

Transaction

Charges

Demat Account Opening Charges

Rs 0

Account Maintenance Charges

Rs 450 / year (Payable upfront every year)

Rs 0 per year with Rs 3000 (Refundable deposit)

Transaction Charges per ISIN (Market Trades)

Buy (Receive) – Rs 0

Sell (Debit) – Rs 20 for every debit transaction

Inter-depositary Transfer (Off-market Trades)

Buy (Receive) – Rs 0

Sell (Debit) – 0.010% for every debit transaction

Stamp Charges Payable Upfront (at actuals)

Rs 130

Demat

Rs 5 per certificate

Remat (Per ISIN)

Rs 50 (Per certificate) + CDSL charges

Courier charges per Demat / Remat Request

Rs 35

Pledge per ISIN

Rs 50 per request or 0.02% whichever is higher

Unpledge per ISIN

Rs 50 per request

Pledge Invocation per ISIN

Rs 50 per closure

Periodic Statement

By Email – Free

Physical – Rs 35 (Courier charges)

Delivery Instructions

First delivery instruction book – Free (10 leaves)

Every Additional Booklet – Rs 20

Failed Transactions

Rs 25 per instruction

Modification in CML

Rs 40 per request

 

Indira Securities Transaction Charges:

Segment

Transaction Fee

Equity Delivery

NSE Rs 325 per Cr (0.00325%)

Equity Intraday

NSE Rs 325 per Cr (0.00325%)

Equity Futures

NSE Rs 190 per Cr (0.0019%)

Equity Options

NSE Rs 5000 per Cr (0.05%) (On premium)

Currency Futures

NSE Rs 120 per Cr (0.0012%)

Currency Options

NSE Rs 500 per Cr (0.005%) (On premium)

Commodity

Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%)

 

Indira Securities Trading Taxes:

Taxes

Rates

Securities Transaction Tax (STT)

  • Equity Delivery- 0.1% on both buy & sell
  • Equity Intraday- 0.025% on sell side
  • Equity Futures- 0.01% on sell side
  • Equity Options- 0.05% on sell side (premium)
  • Commodity Futures- 0.01% on sell side (Non-Agri)
  • Commodity Options- 0.05% on sell side
  • Currency F&O- No STT
  • On exercise transaction- 0.125%
  • Right to entitlement- 0.05% on sell side

GST

18% on (Brokerage + Transaction + SEBI fee)

SEBI Charges

0.0001% (Rs.10/crore)

Stamp Duty

(On buy side only) Delivery- 0.015%, Intraday- 0.003%, Equity Futures- 0.002%, Equity Options- 0.003% and Currency F&O- 0.0001%

Commodity Futures- 0.002%, Commodity Options- 0.003%

 

 

  Open Indira Securities Demat Account


Frequently Asked Questions


Indira Securities is a diverse, technology-driven and transparent broker which provides a wide range of financial services. The company’s aim is to provide every best facility to their clients. You should invest through this platform as it has a military-level security and all your data is fully safe and secure.
Leverage & margin facility is available on its platform as per the SEBI guidelines.
Yes, Indira Securities offers After Market Order (AMO) facility on its platform.
No, Indira Securities does not offer 3-in-1 account facility on its platform. The company only provide 2-in-1 account i.e. demat and trading account.
At this minor age, you will need to open a custodial account with any adult as you’re younger than the maturity age (18 or 21) because Pan card is a necessary document needed to open your demat and trading account.
Indira Securities offers two types of brokerage plans to their clients: 1. Discount brokerage plan • Equity Delivery : Rs 20 per executed order • Equity Intraday : Rs 20 per execute order • Equity Futures : Rs 20 per executed order • Equity Options : Rs 20 per executed order • Currency Futures : Rs 20 per executed order • Currency Options : Rs 20 per executed order • Commodity Futures : Rs 20 per executed order • Commodity Options : Rs 20 per executed order 2. Traditional Plan • Equity Delivery : 0.10% • Equity Intraday : 0.01% • Equity Futures : 0.01% • Equity Options : Rs 25 per lot (both sides) • Currency Futures : 0.01% • Currency Options : Rs 25 per lot (both sides) • Commodity : 0.01%
Yes, Indira Securities offer free trading software and mobile app to their clients. With the help of trading software & tools, you can analyse the market trend.
Indira Securities is the depositary participant of CDSL. Customer’s demat account on Indira Securities is registered with CDSL.
Yes, Indira Securities offer SIP calculator on its platform through which you can calculate investment and possible returns easily. You will also get to know about the possible returns on fixed deposit and mutual fund.
Free i.e. Indira Securities does not take any amount on providing call and trade facility.
Yes, Indira Securities provide research and advisory services to their clients. The broker has a professional and expert team of asset management.
Yes, Indira Securities offers algo trading facility on its platform. You can transform your strategy in the form of algo and book unlimited profit in the share market.
Any company, individual, partnership firm, proprietary firm, a company can open trading account with Indira Securities via online method or by visiting the nearby branch.
Yes, Indira Securities offers online IPO application facility on its platform. It is a digital platform and always promotes technology.

Indira Securities Reviews