Investment strategies have a defined place for charge, to ensure expenses do not power up on profits. Same applies for the Narnolia investors, and so here is the company’s take on Narnolia Brokerage Charges. Investors who are in a lookout for the information related to Narnolia Charges will as well find this worthy enough.
Read out the article, to get accustomed with the charges, i.e. your obligation towards the company. No matter how minute or major, you will have an obligation to pay a charge to the company at different intervals.
|Equity Delivery Trading||0.1% – 0.2%|
|Equity Intraday Trading||0.01% – 0.02%|
|Margin Money||Minimum Rs.3,000|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs.50 per Segment|
What are the Narnolia Brokerage Charges?
|What are the Equity Delivery Charges?||0.1% – 0.2%|
|What are the Equity Intraday Charges?||0.01% – 0.02%|
|What is the brokerage on Equity Futures?||0.01% – 0.02%|
|How much brokerage charged for Equity Options?||Rs.10 – Rs.20 per Lot|
|What is the brokerage on Currency Futures?||0.01% – 0.02%|
|What is the brokerage on Currency Options?||Rs.10 – Rs.20 per Lot|
|How much brokerage charged for Commodity Trading?||0.01% – 0.02%|
|Brokerage Calculator||Narnolia Brokerage Calculator|
Taking you onto a smooth trading experience we provide you the insights on the Narnolia Brokerage Charges. For the ease of commutation, we also provided the link to the brokerage calculator which will do your commutation job. The first and the most popular segment is Equity Delivery and it has a brokerage charge of 0.1% – 0.2%.
The next ranging set of charges is for Equity Intraday, Equity Futures, Currency Futures and Commodity. The entire bunch of segments has the same brokerage rate of 0.01% – 0.02%, on an individual basis. On the contrary, invest in Equity Options or Currency Options will cost you Rs. Rs.10 – Rs.20 per Lot.
This ranging charge rate is a perk for you, as you get a partial level of flexibility with it.
Open Demat Account with Narnolia Now! – Fill up the Form
What are the Narnolia Account Opening Charges?
|Account Opening Charges|
|Is there any Trading Account Charges [One Time]?||Free|
|How much is the Trading Account AMC [Yearly]?||Rs.250 per Annum|
|Is there any Demat Charges [One Time]?||Rs.300|
|How much is the Demat AMC [Yearly]?||Free|
|Any minimum Margin Money required?||Minimum Rs.3,000|
If you are satisfied with the segments charges, you need to know about the further account related charges. The first charge is Narnolia Account Opening Charges, which is one time in a nature. It is set to be Rs.300 for the Narnolia Demat Account Charges, whereas the trading account is free of charge.
The second set of charges you need to pay is AMC for both the demat and the trading accounts. So, the company has set it as free for the demat account, but it is Rs.250 per annum for the trading account.
Find out Brokerage & Other Charges of Stock Brokers
|HDFC Securities Charges||Paytm Money Charges||Wisdom Capital Charges|
|ICICI Direct Charges||Prabhudas Lilladher Charges||Yes Securities Charges|
|IDBI Direct Charges||Profitmart Charges||Zerodha Charges|
|IIFL Charges||Angel Broking Charges||Sharekhan Charges|
What are the Narnolia 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?||0.00325%|
|How much is the Transaction Charges for Equity Options?||0.085% (Premium only)|
|What are the Transaction Charges for Currency Futures?||0.00265%|
|What are the Transaction Charges for Currency Options?||0.085% (Premium only)|
|Any Transaction Charges for Commodity Trading?||0.00325%|
Let us move on to the next grouped charge related to Narnolia. It comprises of a pretty small amount, but is taken on every transaction, hence the name Narnolia Transaction Charges applies. You can use our calculator to work on a transaction for example.
It will show you how tiny of an amount goes towards the charge, which barely hampers your profit earning capacity. Now, the obligation of payment is mandatory, and is levied on each segment you invest. For a brief analysis on the transaction charge, segment wise, you can check out the table briefly.
The tabular representation is clear and will help you out with your curiosity regarding the charge rate.
What are the other remaining Narnolia 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.50 per Segment|
|Any charges Account Closure?||Rs.50 per Segment|
|What are the Dematerialisation Charges?||Rs.44|
Now, let us move on to the last bunch of charges attached on the transactions you will undertake. Did we mention the Narnolia Charges / Govt Charges already? If not, you have an obligation of payment to the government termed as the Transaction charges, STT charges, Stamp duty and finally GST.
They are a tiny amount as well and hence, you do not need to worry about it. Lastly the company states some other charges as well, according to which you have to pay Rs.50 per segment for deactivation and reactivation of account, individually. Dematerialization is however, Rs.44.
Check out Charges of other Stock Brokers
General FAQs on Narnolia Securities Charges
Lets have a look at the FAQs on Narnolia Charges:
Does Narnolia Securities provide fixed brokerage options?
No, you will be offered with varied brokerage options.
Does Narnolia Securities have different brokerage charges for penny stocks?
No, all stock, inclusions of the penny stocks have same brokerage charges.
Can I calculate Narnolia Securities brokerage even before I place a Trade?
Yes, you need to use Narnolia brokerage calculator for the same.
Can I calculate Narnolia Securities margin / limit / exposure?
Yes, the Narnolia margin calculator is provided to render the same assistance.
Is there any account opening fees by Narnolia Securities?
Yes, you need to pay a charge when you opt for their account services.
Is there any AMC levied by Narnolia Securities?
No, no such maintenance charge is taken by the company.
Narnolia Charges – Conclusion
This article has all the sufficient information on the Narnolia Brokerage Charges we believe. The mentioned Narnolia Charges in this article will let you take a firm step and choose your final stock broker. Satisfaction is necessary we believe, and with a sense of satisfaction you can enter the stock market.
Check out the brokerage calculator along with the margin calculator to establish your investment and profit making capacity. The links are provided in this article.
Open Demat Account with Narnolia Now! – Fill up the Form
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