Sharekhan is one of the leading retail brokerage and is owner by CitiVenture since 1992.Earlier it was the retail broking arm of the Mumbai based SSKI Group, which has over eight decades of experience in the stock broking business. Sharekhan offers its customers a wide range of equity related services including trade execution on BSE, NSE,Derivatives, depository services, online trading,investment advice etc. It is being sold to BNP Paribas on July 30, 2015. Will keep on updating the latest changes which are going to take place.

Sharekhan’s ground network includes over 700+Shareshops in 130+ cities in India.

Sharekhan Brokerage ChargesSharekhan-brokerage-charges
Account Opening Fees & Annual maintenance charges (AMC)
Trading Account Opening Charges (One Time): Rs 750 (Classic Account), Rs 1000 (Trade Tiger Account)
Trading Annual maintenance charges (AMC): Rs 400 (First year remains free)
Demat Account Opening Charges (One Time): Included in trading account opening charges
Demat Account Annual Maintenance Charges (AMC): Rs. 400 (Free for 1st year with trading account.)

Trading Brokerages for 
Brokerage with Sharekhan would depend on the type of account you are opening with them.

For F&O traders
Intra-day Trades: 3 paise on both side.
Delivery based trading: 50 paise on both side of trading.
Option trading: It is Rs 60 per contract.
Futures Trades: 3 paise on both side
 
For Investors or non F&O traders
Intra-day Trades: 0.1% on the buy side and 0.1% on the sell side.
Delivery Based Trades: 0.5% or 10 paise per share or Rs. 16/- per scrip whichever is higher.
F&O Trades: 0.1% on the first leg and 0.02% on the second leg if squared off on the same day and 0.1% if squared off on any other day.
Options Trades: Rs. 100/- per contract or 2.5% on the premium (which ever is higher).

Open account with Sharekhan

Open account Sharekhan

There brokerage structure of Sharekhan is flexible and depending on the volume you generate, you would be given a deal. You could try to negotiate with them to get a good deal.

Postpaid Brokerage Plans
This is one of the unique plans which is provided by Sharekhan. In this the brokerage is based on the margin money you keep in the account. The higher the margin money in the account the lower the brokerage structure. The brokerage varies from .5% for 25K margin to .1% if you keep a margin of 20 lakhs.

Prepaid brokerage Plans
In this, you pay the brokerage upfront and higher you prepay the better deal you can get on the brokerage charges, It varies from .5% for delivery if you prepay Rs 600 semi annually to .1% for Rs 200,000 brokerage.

Apart from this, SSKI also provide new and innovative trading platform like trade tiger which is fast online trading platform. They have also just launched Sharemobile which is there app for stock trading. They also provide phone trading at no extra cost for investors who are not very computer savvy.

This is one of the well know brokers in India but there brokerage is on the higher side. So if you are a investor and not a trader it can be a good option for you. With there vast network of officer, you will surely be able to find one near your home.
Apart from this there are some negatives associated with them. The first being they don’t provide banking service. So you have to deposit or take the money from the brokerage account.

So it would be a good option to choose one of the discount brokers rather than ShareKhan as they are able to provide much lower brokerage rate and same account of service. The one which I like the most is RKSV Security. They have great customer service and I have also moved my trading account to them. For now the account opening charges are waived.

Interested in knowing about top 10 broker in India, please visit Top 10 online indian share brokers.

Want to open Account with Sharekhan, provide your details 

Open account Sharekhan

 

Comments

  1. I have an account in Sharekhan it is very very chargeable broker . It taken charge 100 per order in f&o from me. When I complain they reduce to 75 per transaction sell or buy. I am very disappointed with Sharekhan. Then I left and open in TRADEPLUSONLINE broker. They are very much cheaper than Sharekhan.
    I loss my lot of money in Sharekhan brokerage.
    So plz open your account in TRADEPLUSONLINE or Zerodha both are good broker & cheap.
    Thanks

  2. sir I want to invest money in shares tell me the process and every thing about earning and lossing….brokage ..demat ..

  3. Sir my frnd said that sharekhan has taken 10,000 rs frm his account for some 5 yrs automatic renewal charges i also applied for sharekhan but now scared of this scam i just want to open an account with 1000rs what is good for me and what about angek brokering company

    • If you dont trade and leave money in your trading account, there are chance that there will be yearly charges payable by you. That is why Sharekhan should have taken the money. Angel is also a good broking house.

  4. Amol Dhakane says:

    Sir plz give me information about brokerage charge on options day trading

  5. i check 10 brokers plans but KRSV is simple easy clear and best it had very very good reputation

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