The right way to invest in the stock market is to keep notes on the charge and draft an investment strategy, accordingly. Being a customer of KR Choksey, this article on KR Choksey Brokerage Charges will help you in the same regard. The KR Choksey Charges of all kinds are included here.
Not only the customer, but any future investor can also take a look at this article and decide if they wish to go for this stock broker. You will find a detailed explanation of all kind of charges you will encounter with the broking house.
| Summary | |
| Equity Delivery Trading | 0.22% |
| Equity Intraday Trading | 0.02% |
| Margin Money | Minimum Rs.20,000 |
| Margin Funding Charges | 18% + GST |
| Reactivation Charges | Rs.50 per Segment |
What are the KR Choksey Brokerage Charges?
| Brokerage Charges | |
| What are the Equity Delivery Charges? | 0.22% |
| What are the Equity Intraday Charges? | 0.02% |
| What is the brokerage on Equity Futures? | 0.02% |
| How much brokerage charged for Equity Options? | Rs.22 per Lot |
| What is the brokerage on Currency Futures? | 0.02% |
| What is the brokerage on Currency Options? | Rs.22 per Lot |
| How much brokerage charged for Commodity Trading? | 0.02% |
| Brokerage Calculator | Kr Choksey Brokerage Calculator |
The company provides a lot of segments for their customers to invest in. Choose to diversify at your will keeping the KR Choksey Brokerage Charges in your notes. If you wish to go for delivery trading, you have to cater around 0.22% from the total turnover.
The next set of charges which have the same charge of 0.02% are Equity Intraday, Equity Futures, Currency Futures and Commodity. Moving on to the final segment of investment available with the company, you have Equity Options and Currency Options, both have the same charge of Rs.22 per Lot.
All the charges are well planned and structured according to the present industry demand and standard.
Open Demat Account with KR Choksey Now! – Fill up the Form
What are the KR Choksey Account Opening Charges?
| Account Opening Charges | |
| Are there any Trading Account Charges [One Time]? | Free |
| How much is the Trading Account AMC [Yearly]? | Rs.450 per Annum |
| Are there any Demat Charges [One Time]? | Rs.300 |
| How much is the Demat AMC [Yearly]? | Free |
| Is any minimum Margin Money required? | Minimum Rs.20,000 |
You need access to two different accounts if you wish to invest in the stock market. A stock broker is allowed to charge an opening and AMC charge for both accounts. But, the final amount is set up by stock brokers individually. So, the KR Choksey Account Opening Charges related to the trading account are free and for the demat account is Rs.300.
AMC in relation to the KR Choksey Demat Account Charges are free, however, you need to pay a charge of Rs.450 every year for the trading AMC.
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What are the KR Choksey Transaction Charges?
| Transaction Charges for each segment | |
| What are the Transaction Charges for Equity Delivery? | 0.00283% |
| What are the Transaction Charges for Equity Intraday? | 0.00283% |
| How much are the Transaction Charges for Equity Futures? | 0.00283% |
| How much are the Transaction Charges for Equity Options? | 0.00283% |
| What are the Transaction Charges for Currency Futures? | 0.00290% |
| What are the Transaction Charges for Currency Options? | 0.00283% |
| Any Transaction Charges for Commodity Trading? | 0.00283% |
Here are the further heads up on the KR Choksey Transaction Charges. So, every time you place an order, i.e. a transaction you need to pay a certain charge to the company. Such a charge is pretty small if you ever try commuting it.
Further, you need to know the exact percentage charge for different segments. As for this company, they have set it up at 0.00290% for the segment Currency Futures. For the rest of the segments, you have to pay a transaction charge of 0.00283%
The rest of the segments are Equity Delivery, Equity Intraday, Equity Futures, Currency Options, Equity Options, and Commodities.
What are the other remaining KR Choksey Charges?
| Other Charges | |
| How much are 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 is the GST charged? | 18% of (Brokerage + Transaction Charges) |
| Any Margin Funding Charges? | 18% + GST |
| How much is the Reactivation Charge? | Rs.50 per Segment |
| Any charges for Account Closure? | Rs.50 per Segment |
| What are the Dematerialisation Charges? | Rs.44 |
For the final set of charges, we have the other KR Choksey Charges / Govt Charges. If you do not know, you need to pay a charge to the government as well. Companies are directed to deduct the charge from the investors and pay the government. It includes Transaction charges, STT charges, Stamp duty, and lastly GST.
Other petty charges applied on special intervals by the company are reactivation and account closure charges of Rs.50 per Segment individually. Also, to avail of dematerialization you need to pay Rs.44.
Check out the Charges of other Stock Brokers
General FAQs on KR Choksey Securities Charges
Let’s have a look at the FAQs on KR Choksey Charges:
Does KR Choksey Securities provide fixed brokerage options?
No, you will not encounter a fixed brokerage option with the company.
Does KR Choksey Securities have different brokerage charges for penny stocks?
No, different brokerage charges are not drafted for penny stocks.
Can I calculate KR Choksey Securities brokerage even before I place a Trade?
Yes, to do the needful, you need to take reference of the KR Choksey brokerage calculator.
Can I calculate KR Choksey Security’s margin/limit / exposure?
Yes, margin calculators are deployed for the same purpose.
Are there any account opening fees by KR Choksey Securities?
Yes, a fee is necessary to open an account with KR Choksey.
Is there any AMC levied by KR Choksey Securities?
No, you can perfectly use the account without paying a maintenance charge.
KR Choksey Charges – Conclusion
To end the article, we made sure to mention each and every KR Choksey Brokerage Charge. The deal is to cope with all the KR Choksey Charges, so you can make your part of the investment with heavy returns. Transform your saving now, and earn returns from them.
For ease and feasibility, you can easily take the help of the brokerage calculator and margin calculators. They have the commutation part sorted for you.
Open Demat Account with KR Choksey Now! – Fill up the Form
Find out the Brokerage Charges of other Stock Brokers
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