SAMCO, the promising online stock broking company is here with the ultimate financial solution. Investing in their stocks will definitely accelerate your wealth. However, before stepping you need to assure that you check SAMCO Brokerage Charges and SAMCO Charges in detail.
For more clarity read the rest of the content below where you will get a vivid idea on the step by step brokerage rates for each section along with a FAQ.
|Equity Delivery Trading||Rs 20|
|Equity Intraday Trading||Rs 20|
|Margin Money||75% Margin|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs 50 per instruction|
What are the SAMCO Brokerage Charges?
|What are the Equity Delivery Charges?||Rs 20|
|What are the Equity Intraday Charges?||Rs 20|
|What is the brokerage on Equity Futures?||Rs 20|
|How much brokerage charged for Equity Options?||Rs 20|
|What is the brokerage on Currency Futures?||Rs 20|
|What is the brokerage on Currency Options?||Rs 20|
|How much brokerage charged for Commodity Trading?||Rs 20|
|Brokerage Calculator||SAMCO Brokerage Calculator|
Information regarding SAMCO Brokerage charges is gathered in the table. So read them at length to have a hint on how much to pay. Prior to paying the brokerage charges, you need to know that you have flexibility here.
In the case of SAMCO Brokerage Charges, you need to assure that you pay Rs 20 for the equity delivery, intraday and futures. On the other hand, the equity options brokerage is Rs.20 for each of the lots. Definitely, you can use the SAMCO brokerage calculator to understand each step of the fees.
Open Demat Account with SAMCO Now! – Fill up the Form
What are the SAMCO Account Opening Charges?
|Account Opening Charges|
|Is there any Trading Account Charges [One Time]?||Rs 0 (Free)|
|How much is the Trading Account AMC [Yearly]?||Rs 0 (Free)|
|Is there any Demat Charges [One Time]?||Rs 0 (Free)|
|How much is the Demat AMC [Yearly]?||Free 1st Year and 2nd Year 400 + GST|
|Any minimum Margin Money required?||75% Margin|
The table shows the listing of the account opening and maintaining prices charged by SAMCO Account Opening Charges. The opening charge for the account depends on the company you are trading. For example, you can see that SAMCO Demat Charges for one time is nothing.
But you have to pay the annual maintenance charge for the Demat account which is Rs.400. In addition to that, SAMCO Trading Charges one time, and the yearly, is Rs.0. However, you need to keep the minimum money ceiling, which is 75% Margin.
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|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 SAMCO Transaction Charges?
|Transaction Charges for each segment|
|What are the Transaction Charges for Equity Delivery?||NSE: 0.00325% and for BSE Rs. 1 per trade (each side)|
|What are the Transaction Charges for Equity Intraday?||NSE: 0.00325% and for BSE Rs. 1 per trade (each side)|
|How much is the Transaction Charges for Equity Futures?||NSE 0.00190% and for BSE Rs. 1 per trade (each side)|
|How much is the Transaction Charges for Equity Options?||NSE:0.0500% and for BSE Rs. 1 per trade (each side)|
|What are the Transaction Charges for Currency Futures?||NSE: 0.0011%|
|What are the Transaction Charges for Currency Options?||NSE: 0.040%|
|Any Transaction Charges for Commodity Trading?||Non-Agri: 0.0026% and for Agri : 0.00175%|
SAMCO Transaction Charges details are rounded in the table. Check the pricing to have a vivid idea of the rates. Transaction charges are mainly the charge that you pay to the stock exchange. Note that you pay only a small part of your percentage.
In that respect, SAMCO Charges for the equity delivery and intraday is 0.00325% for the NSE while Rs.1 each trade for the BSE. The charge for the equity future is 0.00190% for NSE and Rs.1 per trade for the BSE.
Apart from that, for the currency future and option, you have to pay 0.0011% and 0.040% respectively for the National stock exchange. In addition to the rest, you should pay 0.0026% non-Agri and 0.00175% for agri as the commodity-trading price.
What are the other remaining SAMCO Charges?
|How much is the Transaction Charges levied?||0.0002% of Total Turnover|
|What are the STT charges?||Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on 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
|How much is the Stamp Duty levied?||(On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX)|
|How are the GST charged?||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Any Margin Funding Charges?||18% + GST|
|How much is the Reactivation Charge?||Rs 50 per instruction|
|Any charges Account Closure?||Rs 35 per instruction|
|What are the Dematerialisation Charges?||Rs 10 + Rs 50 Courier charges|
SAMCO Charges / Govt Charges referred to as the other charges are discussed below. Go through the table to note it at once. Besides the brokerage charge, you will have to pay the other charge. Note that this other charge is actually levied by the government therefore, it is compulsory.
For the transaction charge, you need to pay 0.0002% of Total Turnover. On the other hand, the next biggest one is STT. You have to pay 0.0126% of Total Turnover. Apart from that, GST is necessary which includes 18% including the transaction charge as well as the brokerage.
The investors will have to pay the reactivation charge as well which is Rs.50 for each of the segments. Note that for account closure actually, you do have to pay Rs 35 per instruction. But for having an electronic copy of the physical stocks you have to pay Rs 10 + Rs 50 Courier charges as SAMCO Charges.
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General FAQs on SAMCO Charges
Lets have a look at the FAQs on SAMCO Charges:
Does SAMCO provide fixed brokerage options?
No, SAMCO does not have any fixed brokerage price option.
Does SAMCO have different brokerage charges for penny stocks?
No, SAMCO does not have different brokerage charges for penny stocks.
Can I calculate SAMCO brokerage even before I place a Trade?
Yes, you can calculate the SAMCO brokerage before placing the trade.
Can I calculate SAMCO margin / limit / exposure?
Yes, you can calculate the SAMCO exposure prior to placing your trade order at the company.
Is there any account opening fees by SAMCO?
Yes, you have to pay the account opening fees for the SAMCO.
Is there any AMC levied by SAMCO?
No, SAMCO does not levy any AMC charge on the clients.
SAMCO Charges – Conclusion
It is time to conclude, hope you have understood what you have to pay as SAMCO Charges and SAMCO Demat Charges. Do not worry about the security of the stocks as the company offers a dematerialization facility.
The charges here are nominal and underwent through proper scrutiny so that you can pay with ease.
Open Demat Account with SAMCO Now! – Fill up the Form
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