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Brokerage in Geojit

Geojit's brokerage fees in online currently is 0.03% of the placed order for Intraday & 0.30% for Delivery-Based Trading.

How is Brokerage Calculated?

    A broker charge is a charge on purchases and sales of a particular stock. The brokerage system in India mainly consists of below listed plans:
    • Brokers charge a portion on trade volume.
    • A set brokerage fee is applicable for each order.
      Geojit has both the brokerage structure.
      Geojit brokerage charges are divided as 3 plans namely GinvestMax, GtradeMax, Gtradecash
      For Instance, let's say you buy a stock for Rs 100 under GinvestMax. Then there is a brokerage charge of 0.03 per cent, or Rs 0.03, of the whole amount. The total brokerage fee for trading is thus Rs. 0.03 plus Rs. 0.03 or Rs. 0.06 (including buying and selling).
      The brokerage is calculated by multiplying the total cost of the shares by the selected percentage. Intraday brokerage equals the market price of one share multiplied by the number of shares by 0.03 percent. The brokerage calculator in India comes in handy for knowing the fees of big transactions. You can use Geojit’s brokerage calculator in the order window to get the charges involved in each trade.

    The Factors That Influence Brokerage Calculation

    Equities
    Price of Shares for Purchase or Sales
    • One of the key factors impacting brokerage fees in the stock market is a single stock's buy or sell price. The brokerage is calculated in identical proportion.
    E-IPO
    Type of plan selected
    • Brokerage is charged based on your plan selected. Geojit has 3 plans - GinvestMax, GtradeMax, Gtradecash.
    Derivatives
    The Volume of Transactions
    Another factor that significantly affects brokerage estimates, whether made manually or with the help of a brokerage calculator, is the volume of transactions. The volume affects how much brokerage is calculated on shares. The brokerage fees reduce in the case of bulk orders.

    Brokerage Calculation for Equity

    A tabular representation to show the calculation of brokerage in three different types

    G Invest Max

    For Delivery-Based Equity Trading 0.30%
    For Intraday Equity Trading 0.03%
    For Equity Options Rs. 50 per Lot
    For Equity Futures 0.01%
    For Equity: Intraday Auto Square Off 0.03% on Volume
    For Futures: Intraday Auto Square Off 0.01%
    For Physical Delivery, Equity F&O 0.30%
    For Netted Off Position Brokerage 0.03%
    For Options: Intraday Auto Square Off Rs 50 per Lot

    G-Trade Max

    For Equity Delivery 0.30%
    For Equity Intraday Rs 20 per order or 0.03% whichever is lower.
    For Intraday: Auto Square Off Additional Rs. 20 per order
    For Equity Futures Rs 20 per Lot (Refer Slab Rate)
    For Physical Delivery: Equity F&O 0.30%
    For Netted Off Position Brokerage 0.03%

    G-Trade Max Brokerage Slab

    Slab Rate Futures Rate Per Lot Options Rate Per Lot
    Up to 750 lots 40 20
    751 to 2000 Lots 30 15
    Above 2000 lots 20 10

    G Trade Cash

    For Equity Delivery 0.30%
    For Equity Intraday Rs 20 per order or 0.03% whichever is lower
    For Futures (Index & Stock) Refer Slab Rate
    For Options (Index & Stock) Refer Slab Rate
    For Equity Intraday Auto Square Off Additional Rs 20 per order
    For Futures/Options Intraday/RMS Square Off Additional Rs 20 per order (if the amount is above Rs 5 Lakhs
    For Futures/Options Intraday/RMS Square Off Additional Rs 20 per order (if the amount is less than Rs 5 Lakhs
    For Physical Delivery F&O 0.30%
    For Netted Off Position Brokerage 0.03%

    G-Trade Cash Brokerage Slab

    Cash Margin Brokerage Rate
    Less than 5 Lakhs Rs 40/lot for Futures and Rs 20/Lot for Option
    5 Lakh to 15 Lakhs Rs 20 per Order (Futures & Options)
    15 Lakh to 25 Lakhs Rs 15 per Order (Futures & Options)
    Above 25 Lakhs Rs 10 per Order (Futures & Options)

    FAQ

    Geojit's Demat accounts are secure as each account is opened with either Central Depository Services Limited (CDSL) or National Securities Depository Limited (NSDL).Geojit solely serves as a go-between between clients and these central depositories.
    The account opening charges are Nil, while average brokerage charges are 0.03% and it can come down based on the brokerage plan.
    Yes, investors need to pay brokerage in case of both purchase and sale of stocks.
    Your investment journey with Geojit is simple. You can go to hello.geojit.com/#/login and enter your details as asked.
    Step 1. Log in to MyGeojit and then select My Brokerage
    Step 2. Click Activate for the desired plan
    Step 3. Read and tick the box alongside I Accept the above Terms & Conditions
    Step 4. Click on Ok
    Client typeBrokerage
    Residents0.50%
    Non-residents1%
    MTF transactions are subject to the same brokerage charges as regular trades.

    Frequently Asked Questions(FAQ)

    Is Geojit's Demat account safe?

    Geojit's Demat accounts are secure as each account is opened with either Central Depository Services Limited (CDSL) or National Securities Depository Limited (NSDL).Geojit solely serves as a go-between between clients and these central depositories.

    What is Geojit’s fee structure?

    The account opening charges are Nil, while average brokerage charges are 0.03% and it can come down based on the brokerage plan.

    Do you have to pay brokerage in case of equity trading?

    Yes, investors need to pay brokerage in case of both purchase and sale of stocks.

    How can I open a Demat account with Geojit?

    Your investment journey with Geojit is simple. You can go to hello.geojit.com/#/login and enter your details as asked.

    How can I change my brokerage plan with Geojit?

    Step 1. Log in to MyGeojit and then select My Brokerage
    Step 2. Click Activate for the desired plan
    Step 3. Read and tick the box alongside I Accept the above Terms & Conditions
    Step 4. Click on Ok

    What are the brokerage charges for Smartfolios?

    Client typeBrokerage
    Residents0.50%
    Non-residents1%

    What are the brokerage charges applicable for MTF?

    MTF transactions are subject to the same brokerage charges as regular trades.