Motilal Oswal via InvestEdge360

Pricing & Charges

Transparent Pricing. Built Around Your Market Journey.

Clear brokerage, account and service charges—so you know what applies before you trade or invest.

Pricing Snapshot

₹0Account Opening
  • Up to₹1,000Brokerage Benefit30 Days
  • ₹0AMC & Admin1st Year
  • ₹20 / LotOptionsEquity & Index

Introductory offers · Terms & eligibility apply

Pricing highlights

  • ₹0Account Opening
  • Up to₹1,000Brokerage Benefit
  • ₹0AMC & Admin — 1st Year
  • ₹20 / LotOptions

01Brokerage

Know What You Pay Before You Trade

Simple pricing for the segments you use, with applicable charges explained clearly.

  • Options

    Equity & Index

    Pricing: ₹20 / Lot

    BasisPer Lot

  • Futures

    Equity & Commodity

    Pricing: 0.02%

    BasisPercentage Based

  • Equity Delivery

    Delivery

    Pricing: 0.20%

    BasisPercentage Based

How Brokerage Is Calculated

Illustrative calculation

Options

  1. Number of Lots
  2. multiplied by
  3. ₹20 / Lot
  4. equals Applicable Brokerage

Equity Delivery

  1. Transaction Value
  2. multiplied by
  3. 0.20%
  4. equals Applicable Brokerage

Other applicable statutory, exchange, tax and depository charges may apply separately.

02Beyond Brokerage

Your Brokerage and Other Applicable Charges

The cost of a trade can include charges beyond brokerage. Many of these are set by the Government, regulators, exchanges or depositories rather than by the broker.

Your Brokerage

  • Options₹20 / Lot
  • Futures0.02%
  • Equity Delivery0.20%

Other Applicable Charges

Certain statutory, exchange, tax and depository charges may apply separately.

  • STT / CTT

    Levied by: Government of India

    Securities Transaction Tax on securities, and Commodities Transaction Tax on commodity derivatives, at the prescribed rates.

  • Exchange Transaction Charges

    Levied by: Stock / commodity exchange

    Charged by the exchange on executed trades.

  • GST

    Levied by: Government of India

    Goods and Services Tax on brokerage and certain other charges, as applicable.

  • SEBI Turnover Fees

    Levied by: SEBI

    Regulatory fee on turnover, at the rate prescribed by SEBI.

  • Stamp Duty

    Levied by: Government (Indian Stamp Act)

    Stamp duty on transactions, as applicable under the Indian Stamp Act.

  • Depository Charges

    Levied by: Depository & depository participant

    Charged when securities are debited from your Demat account, as per the applicable tariff.

  • Applicable Taxes / Levies

    Levied by: As prescribed

    Any other tax or levy that applies under prevailing regulations.

These charges may be levied as applicable under prevailing regulations, exchange rules or depository tariffs.

03New Account Benefits

Start With More Value

Introductory benefits for eligible new accounts, under the applicable offer terms.

  1. 01

    ₹0

    Account Opening Charges

  2. 02

    Up to₹1,000

    Brokerage Benefit

    30 DaysIntroductory Offer
  3. 03

    ₹0

    AMC & Admin Charges

    1st YearIntroductory Offer

Terms & eligibility apply

Introductory benefits are subject to applicable eligibility criteria, offer terms and conditions. Brokerage, AMC, taxes, statutory levies, exchange charges, depository charges and other applicable fees may apply separately as per the prevailing tariff.

04Demat Account

Demat Account Charges

Beyond the introductory offer, account-related charges depend on the account type, the services you use and the prevailing depository participant tariff.

  • Account Opening Charges

    ₹0

    Account opening charges are ₹0 under the applicable offer.

  • AMC & Admin Charges

    ₹0for 1st Year

    For eligible new accounts / applicable offer terms.

  • Account Opening

    Applicable Charge
    ₹0
    When It Applies
    When your Demat account is opened, under the applicable offer.
  • Annual Maintenance & Admin Charges (AMC)

    Applicable Charge
    ₹0 for 1st Year
    When It Applies
    For eligible new accounts under the applicable offer terms; thereafter as per the applicable tariff.
  • Dematerialisation

    Applicable Charge
    As per applicable tariff
    When It Applies
    When physical share certificates are converted to electronic form.
  • Rematerialisation

    Applicable Charge
    As per applicable tariff
    When It Applies
    When electronic holdings are converted back to physical certificates.
  • Depository Participant (DP) Charges

    Applicable Charge
    As per applicable tariff
    When It Applies
    When securities are debited from your Demat account, for example on a sale.
  • Pledge / Unpledge

    Applicable Charge
    As per applicable tariff
    When It Applies
    When holdings are pledged for margin or released from a pledge.
  • Transmission

    Applicable Charge
    As per applicable tariff
    When It Applies
    When holdings are transferred to a nominee or legal heir.
  • Physical Securities Related Services

    Applicable Charge
    As per applicable tariff
    When It Applies
    When a request involves physical certificates or documents.
  • Statement / Other Account Services

    Applicable Charge
    As per applicable tariff
    When It Applies
    When additional statements or other account services are requested.

Depository charges are levied as per the tariff of the depository and the depository participant.

05Per Executed Order

How an Executed Order Works

Brokerage is applied according to the applicable product, pricing basis and executed transaction. Options brokerage is shown on a per-lot basis, while the listed Futures and Equity Delivery rates are percentage-based.

  1. Step 1: Place Order

    You place a buy or sell order on the trading platform.

  2. Step 2: Order Executed

    The order is matched and executed on the exchange.

  3. Step 3: Applicable Brokerage

    Brokerage is applied to the executed order — per lot for options, or as a percentage of the applicable transaction value for futures and equity delivery.

  4. Step 4: Other Applicable Charges

    Statutory, exchange, tax and depository charges apply separately, where applicable.

Exact brokerage depends on the applicable segment and pricing basis. Statutory, exchange, tax and depository charges are separate from brokerage.

06By Product

Explore Charges by Product

Choose a product to see which charges usually apply to it.

Equity Delivery

Buying shares on NSE and BSE to hold in your Demat account.

  • Brokerage: 0.20% of the applicable transaction value
  • STT, exchange transaction charges, SEBI turnover fees and stamp duty, as applicable
  • GST on brokerage and other applicable charges
  • DP charges when delivery shares are debited from your Demat account

Learn more about the equity trading account or online and offline trading accounts.

07Cost Breakdown

Your Total Trading Cost

The total cost of a trade is made up of several components. This example shows what they are, not what they cost.

Illustrative Example — Not a Quote
  1. Brokerage

    Per lot for options, or a percentage of the applicable transaction value for futures and equity delivery.

  2. plus Exchange Charges

    Levied by the exchange on executed trades.

  3. plus Statutory Levies

    STT / CTT, SEBI turnover fees and stamp duty, as applicable.

  4. plus Taxes

    GST on brokerage and other applicable charges.

  5. plus Depository Charges, Where Applicable

    When securities are debited from your Demat account.

equals Total Applicable Cost

On a buy, applicable charges are added to the order value; on a sell, they are deducted from the sale proceeds. Your contract note shows the actual breakdown.

08Transparency

Know Your Charges Before You Trade

  • Clear Pricing

    Understand the applicable charges before transacting.

  • Transparent Breakdown

    See brokerage and other applicable charges separately.

  • Regulatory Charges

    Statutory, exchange and depository charges apply as prescribed.

09FAQ

Pricing Questions, Answered.

Answers about our brokerage rates, new account benefits, Demat account charges and statutory levies.

Brokerage for Equity & Index Options is ₹20 per lot, subject to the applicable terms and charges.

Brokerage for Equity & Commodity Futures is 0.02%, subject to the applicable terms and charges.

Brokerage for Equity Delivery is 0.20%, subject to the applicable terms and charges.

Account opening charges are ₹0 under the applicable offer.

AMC & Admin Charges are ₹0 for 1st Year under the applicable offer/eligibility terms. After that, AMC applies as per the applicable tariff.

No. The brokerage benefit is available up to ₹1,000 for 30 Days under the applicable introductory offer and eligibility terms.

It means brokerage is applied to orders that are actually executed on the exchange. How it is calculated depends on the segment: options brokerage is charged per lot, while the listed futures and equity delivery rates are a percentage of the applicable transaction value.

No. STT and GST are separate from brokerage. STT is levied by the Government on securities transactions, and GST applies to brokerage and certain other charges. Both are shown separately on your contract note.

DP charges are levied by the depository participant, together with the depository's charges, when securities are debited from your Demat account, for example when you sell shares from your holdings. They apply as per the applicable tariff.

Yes. Exchange transaction charges are levied by the exchange on executed trades and are shown separately from brokerage.

Refer to the latest official tariff or charge schedule for your account, and check the charges shown on your contract note. You can also contact our Jaipur desk for help understanding the applicable charges.

Yes. Brokerage plans, depository tariffs, exchange charges and statutory rates can be revised over time. Check the prevailing charges before you transact.

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Charges, brokerage, statutory levies, taxes and other applicable fees are subject to the prevailing tariff, applicable regulations, exchange/depository rules and the terms applicable to the relevant product or service. Please refer to the latest official tariff/charge schedule before transacting.