The minimum brokerage for all types of accounts is Rs.25 and equity SIP trades is Rs.20 and maximum 2.5% of the trade value (Qty*BUY Price), please go through the following examples to know more:
1) If the 2.5% > Minimum Brokerage:
Customer's Traded value: Rs.500
Brokerage plan: 0.5%
The brokerage charged to the customer will be Rs.12.5 because 2.5% of Rs.500 is less than the minimum Brokerage of Rs. 25
2) If the 2.5% < Minimum Brokerage:
Customer's Traded value: Rs.1000
Brokerage plan: 0.5%
The brokerage charged to the customer will be Rs.25 because 2.5% of Rs.1000 is higher than the minimum Brokerage and 0.5% is less than the minimum brokerage
3) If the Brokerage as per the plan is less than 2.5% but greater than the minimum brokerage:
Customer's Traded value: Rs.10,000
Brokerage plan: 0.5%
The Brokerage as per the plan is less than 2.5% but greater than the minimum brokerage
For stocks trending below Rs.10 it would 3 paisa/share.
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