Karvy Charges – Find Brokerage, Account Opening, Transaction Charges & more

Karvy is one of the most dynamic stock trading companies in India right now. The company was established in the year 1983, and this Hyderabad based company has grown into a full-service stockbroking company. Now, the Karvy Brokerage charges are as well dynamic and we will talk about the Karvy charges as a whole.

There are ample reasons to consider Karvy, but some of the most significant aspects is its trading exposure – up to 60x. In this article, we mean to let you know about the Brokerage fees as well as the account opening fees.

Of course, there are some other additional fees which we will also elaborate in this article. What we will also do is let you know what experts believe on the prices they charge.

Summary
Equity Delivery Trading 0.1% – 0.3%
Equity Intraday Trading 0.01% – 0.03%
Margin Money Starts with Zero
Margin Funding Charges 18% + GST
Reactivation Charges Rs.75 per Segment

KARVY


What are the Karvy Brokerage Charges?

Brokerage Charges
What are the Equity Delivery Charges? 0.1% – 0.3%
What are the Equity Intraday Charges? 0.01% – 0.03%
What is the brokerage on Equity Futures? 0.01% – 0.03%
How much brokerage charged for Equity Options? Rs.10 – Rs.30 per lot
What is the brokerage on Currency Futures? 0.01% – 0.03%
What is the brokerage on Currency Options? Rs.10 – Rs.30 per lot
How much brokerage charged for Commodity Trading? 0.01% – 0.03%
Brokerage Calculator Karvy Brokerage Calculator

It is not a secret that most traders finalize stock trading companies based on the brokerage fees they charge. So, to begin discussing Karvy Brokerage fees, we will reveal the price of its Equity Delivery Trading – between 0.1% – 0.3%. The cost is balanced brilliantly by the company, and most industry experts also agree to this fact.

Equity Intraday is next in this list, as for that they charge between 0.01% – 0.03%. The company also levied the same price for three more service – Equity Futures, Currency Futures, and Commodity Trading. The Karvy Brokerage charges for Equity Options and Currency Options have been fantastically curated as well – between Rs.10 – Rs.30.

To figure out dynamic brokerage fees, sometimes it becomes troublesome. So, we came up will an incredible solution – Brokerage Calculator. There are two primary functions. Firstly, you can calculate the exact brokerage fee for any segment even before placing a stock order. Second, you can, figure out tentatively how much you can earn.


Open Demat Account with Karvy Now! – Fill up the Form

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    What are the Karvy Account Opening Charges?

    Account Opening Charges
    Is there any Trading Account Charges [One Time]? Rs. 0
    How much is the Trading Account AMC [Yearly]? Rs. 0
    Is there any Demat Charges [One Time]? Rs. 0
    How much is the Demat AMC [Yearly]? Rs. 500
    Any minimum Margin Money required? Starts with Zero

    Opening an account involves several perspectives of the company. Where some companies charge around Rs.1000 to open the account, the Karvy account opening charges are Zero. As most companies offer free Trading accounts, there are no Karvy Demat charges. However, there is an AMC fee of Rs.500 per annum for the Demat accounts.

    Now, the Karvy Trading charges involves no payment at all. Meaning you don’t need to pay anything for the account opening as well as for its AMC. The reason, however, that makes Karvy unique from the rest is the Margin money.

    They don’t charge any! Where most of the companies charge an average of Rs.10,000 as the Margin money, they are offering it for free. It is an excellent piece of news for any new trader and also for the experienced once.


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    What are the Karvy Transaction Charges?

    Transaction Charges for each segment
    What are the Transaction Charges for Equity Delivery? 0.00325%
    What are the Transaction Charges for Equity Intraday? 0.00325%
    How much is  the Transaction Charges for Equity Futures? 0.00230%
    How much is  the Transaction Charges for Equity Options? 0.05% on Premium
    What are the Transaction Charges for Currency Futures? 0.00325%
    What are the Transaction Charges for Currency Options? 0.00320%
    Any Transaction Charges for Commodity Trading? NA

    For those who are unaware, Transaction fees are mandatory to pay if you are considering stock trading. So, it is time to discuss the Karvy Transaction charges. It typically starts with Equity Delivery, and for that, you need to pay 0.00325%.

    The same fee of 0.00325% is also applicable for Equity Intraday. However, the trend changes for Equity Futures, for which they are charging 0.00230%.

    The Karvy charges are a bit unique. Perhaps, the Transaction fee for Equity Options is a shining example as they charge 0.05% on Premium. For the Currency Futures, you need to pay 0.00325%, whereas, for Currency Options, that amount drops to 0.00320%. Now, since Karvy doesn’t deal with Commodities, charges are not applicable here.


    What are the other remaining Karvy Charges?

    Other Charges
    How much is the Transaction Charges levied? 0.0002% of Total Turnover
    What are the STT charges? 0.0126% of Total Turnover
    How much is the Stamp Duty levied? 0.002% – 0.004% – Depends on State
    How are the GST charged? 18% of (Brokerage + Transaction Charges)
    Any Margin Funding Charges? 18% + GST
    How much is the Reactivation Charge? Rs.75 per Segment
    Any charges Account Closure? Rs.50 per Segment
    What are the Dematerialisation Charges? Rs.53

    Finally, there are some additional fees that we will discuss now. Please note these are minimal fees. So, it will not affect your profit margin drastically. Let us begin with the Transaction fees to be charged on total turnovers, which is 0.0002%.

    Another expense which is also charged on total turnover is the STT fee – 0.0126%. Since the Stamp Duty depends on where you are, it tends to vary, however, ranges between 0.002% – 0.004%.

    GST is yet another crucial fee that you must pay. Now, the Karvy charges / Govt Charges for GST are 18% to be calculated on the total aggregate value of the Transaction fee along with the Brokerage fees.

    If in case you wish to reactivate any particular service, you need to pay Rs.75 per segment, where if you want to close your account, the charge for that is Rs.50. Lastly, we would like to conclude that the Dematerialisation of shares has a fee – Rs.53.


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    General FAQs on Karvy Charges

    Lets have a look at the FAQs on Karvy Charges:

    Does Karvy provide fixed brokerage options?

    No. For now, the fixed brokerage options are not available.

    Does Karvy have different brokerage charges for penny stocks?

    If you are considering trading Penny Stocks, there are no contrasting brokerage fees that you need to pay.

    Can I calculate Karvy brokerage even before I place a Trade?

    Sure. The brokerage calculator will assist you in finding out the exact brokerage fees before or after processing an order.

    Can I calculate Karvy margin / limit / exposure?

    Yes. There are provisions to calculate that even before you process an order.

    Is there any account opening fees by Karvy?

    Yes. There is an account opening fee that you must pay to register.

    Is there any AMC levied by Karvy?

    No AMC fee to be charged from the clients as of now.


    Karvy Charges – Conclusion

    Karvy is a very efficient stock trading company that offers up to 60x trading exposure. Inevitably, people love to open an account with them. The Karvy Demat charges are minimal, but that is not the only reason they are successful.

    They are trustworthy as they are guiding clients for over 36 years. On top of that, all the Karvy charges match the expectation level of the clients and the critics. So, maybe you should get more information and apply to open an account as well.


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