These charges apply for processing Instant-unpledge requests through the depository.

The post Instant – Unpledge Request Charges first appeared on Support | Samco.

Interest on Stock Plus/Ledger Debit is a small fee charged when you use margin beyond your optimal balance. It’s calculated at 0.05% of the maximum margin used.

Formula:

Interest = Maximum Optimal Margin Used × 0.05%.

For example, if you use ₹1,00,000 margin, the daily interest would be just ₹50.

The post Interest on Stock Plus / Ledger Debit first appeared on Support | Samco.

1. Insufficient funds for DP charges. DP charges are Rs 15 + GST (deducted when shares are sold)
2. Unsettled AMC charges due to lack of funds.
3. No settlement of Stock Plus (SP) Debit
4. Due to Optimal margin requirements in market hours
5. Any other charges are pending.

The post Why is my Samco ledger balance negative? first appeared on Support | Samco.

1. Free AMC for the First Year
   We’re pleased to offer a free first year of AMC to all new clients. This ensures a smooth and hassle-free onboarding experience.
2. AMC Deduction Timeline
   AMC charges are applied annually based on the date your account was opened. An email notification on the first Saturday of the month following the levy of charges shall be sent on the registered ID. The email will be received from depository@samco.in. Please add this address to your safe sender’s list to ensure you don’t miss any important updates.

AMC Tariff List for Demat

• Individual Demat Account – 400 + 18% Gst
• Non – Individual Demat Account – 800 +18% Gst
• Hindu Undivided Family Demat – 400 + 18% Gst
• Trading Account – Life Time Free

What are the criteria’s for BSDA Service Account?

Eligibility for BSDA (Basic Services Demat Account)

An individual is eligible to opt for a BSDA (Basic Services Demat Account) subject to the following conditions:

• The individual must have or intend to have only one Demat account across all depositories, where they are the sole or first holder.
• The value of securities held in the Demat account (combining both debt and non-debt securities) should not exceed ₹10 lakhs at any point in time.

The post Know about your Annual Maintenance Charges first appeared on Support | Samco.

If you’re unfamiliar with BSDA or considering converting your existing demat account, this guide will walk you through everything you need to know.

What is BSDA?

The Basic Service Demat Account (BSDA) is a specially designed demat account offering essential services at reduced or no annual maintenance charges (AMC). It aims to make the securities market more accessible for small investors by lowering barriers to entry.

Example: Consider an investor, Ravi, who holds securities worth ₹3 lakhs. Under BSDA, he can manage his portfolio with zero AMC. This benefit makes investing significantly more affordable compared to regular demat accounts.

Who Can Have a BSDA?

To be eligible for a BSDA, you must meet these conditions:

1. You should have only one demat account where you are either the sole or first holder.
2. You can have only one BSDA at any given time across all depositories (like NSDL and CDSL).
3. The total value of your holdings in both debt (bonds) and non-debt (stocks, mutual funds, etc.) should not be more than ₹10 lakh.

Advantages of BSDA

Low Maintenance Costs: Enjoy zero AMC for holdings up to ₹4 lakhs and only ₹100 for holdings between ₹4 lakhs and ₹10 lakhs.

Simplified Account Management: Efficiently manage your investments without worrying about maintenance charges.

Accessibility: Encourages more participation by small investors in the securities market.

BSDA charge Structure

FAQs About BSDA

Q: Can I open multiple BSDA accounts?
A: No, you’re allowed to maintain only one BSDA across all depositories.

Q: What happens if my holdings exceed ₹10 lakhs?
A: Your account will automatically be converted to a regular demat account, with standard AMC charges applicable.

Q: Why should I convert my account with Samco?
A: Samco offers not just cost savings but also unmatched service quality. With us, you enjoy transparency, user-friendly tools, and expert guidance tailored to your financial needs.

Q: What is the minimum balance requirement for a BSDA?
A: There is no minimum balance requirement for BSDA accounts. This makes it particularly useful for small investors looking to minimize costs.

Q: Will I receive statements for my BSDA?
A: Yes, electronic statements are provided free of charge. If you require physical statements, they can be issued at a cost of ₹25 per statement.

Q: How is the value of holdings in a BSDA calculated?
A: The value is determined based on the daily closing price or NAV of the securities or mutual fund units. If such data is unavailable, the last traded price is used. Unlisted securities are valued at their face value, and suspended securities are excluded from the calculation.

Q: Can BSDA be opened jointly?
A: No, BSDA can only be opened in the name of a sole or first holder. Joint accounts are not eligible for BSDA.

To know more about the detailed guidelines, rules, and implementation of BSDA, you can refer to the official circular SEBI/HO/MIRSD/POD-1/P/CIR/2024/91 issued by SEBI (Securities and Exchange Board of India).

The post BSDA (Basic Service Demat Account) first appeared on Support | Samco.

• Calculate Exchange Transaction Charges for NSE Cash Markets, F&O and BSE Cash Markets
• Calculate Exchange Transaction Charges for Currency Markets on NSE, BSE and MSEI
• Calculate Exchange Transaction Charges for Commodities on the MCX

Where do I see the ExchangExchange Transaction Charges e Charges I have been charged?
Exchange charges are clearly mentioned on your Contract Note by the Broker. The broker collects these charges from you & then pays the same to the exchanges.
Where can I find details on the various types of regulatory and exchange related charges?
Different types of charges are applicable in trading which include Stamp Duty, STT and CTT, SEBI fees and Exchange transaction charges. Details about these can be found on the Trading Charges List on the Samco Website.
What are the Current Exchange Transaction Charges?
Exchange charges vary from Exchange to Exchange & on the basis of type of instrument traded. Below is the comprehensive list of Exchange Charges across major Indian exchanges, namely, BSE, NSE & MCX.
Exchange Charges for Trading in Equity Cash & Equity Derivatives Segments:

 Exchange Charges for Trading in the Currency Derivatives Segment:

Exchange Charges for Trading in the Commodities Derivatives Segment:

You can see the detailed list of Charges on our Charge List.
In case you wish to calculate ALL charges applicable on your Trade including Brokerage, STT, SEBI Charges, Exchange Charges etc. you can use our Brokerage Calculator.
Additional Links you may find useful

• STT
• CTT
• SEBI Fees
• Brokerage
• Other Non Trade Charges

The post Exchange Transaction Charges for NSE, BSE and MCX while trading in India first appeared on Support | Samco.

The CTT Tax or Commodities Transaction Tax is levied on Trades made on Commodities Exchanges akin to Securities Transaction Tax – STT on Equity Trades. It is a tax payable to the Central government by commodity traders and therefore classified as a regulatory charge.

Introduction of CTT or Commodity Transaction Tax

CTT has an interesting history. First proposed in 2008, the proposal met with vehement opposition from Commodity Exchanges. They argued that Commodity trading in India was at a nascent stage & introduction of CTT could adversely affect them. Hence the proposal was withdrawn.
CTT was proposed again the Budget in 2013, but only on Non-Agricultural Commodities such as Gold, Silver, Aluminium, Crude Oil among others. This time the Bill was passed & CTT was levied on Trades in Commodity Futures on & after 1 July 2013.

Watch this video to understand the Basics of Commodity Trading

CTT or Commodity Transaction Tax Calculations

CTT is also charged at Rs.10 per Lakh of & only on the Sell Side Turnover.
So for instance if the Buy Turnover is Rs. 1 Lakh and Sale turnover is Rs. 2 Lakhs, CTT applicable will be Rs. 20 i.e. 0.1% on Rs. 2,00,000 (i.e. Rs. 20)
You can calculate the CTT liability for commodity transactions on the Commodity Brokerage Calculator.
Important Note – CTT is applicable only on non-agricultural commodities. No CTT is applicable on commodity trading of agri commodities.

Impact of CTT on Trading volumes

With the introduction of CTT in commodity trading, trading volumes on the MCX and other commodity exchanges in India have seen a dip as high as 50% – 60%.
It has also driven away smaller segments of the volume contributors away from the segments since scalping, jobbing, etc have become an unviable and expensive proposition.
You can view the detailed charge list to or calculate all the costs such as Exchange Charges, CTT & SEBI Charges from the SAMCO Commodity Brokerage Calculator.
To begin trading commodities with India’s leading discount brokerage at Flat Rs. 20 per order or 0.05% whichever is lower, Open a FREE Commodity trading account today.

The post What is Commodities Transaction Tax (CTT)? first appeared on Support | Samco.

What are SEBI Charges?

Beginning 1 January 2007, a SEBI circular on turnover fees introduced the “SEBI Regulatory Fee” commonly called SEBI Charges on all registered Stock Exchanges of India based on their respective Turnover.
This charge is levied by SEBI to meet expenses it incurs while carrying out its duties.

How are these charges collected?

In order to collect SEBI charges, the Broker collects them first from the client. The amount is clearly shown in the Contract Note sent to the client by the Broker. Later, the Broker remits the same to the relevant exchange, viz NSE or BSE.  The Exchange in turn deposits the funds with SEBI.

What is the current rate of SEBI Charges?

Currently, SEBI Charges are levied at Rs.20 per Crore 0.0002% on the value of the Transaction. Unlike STT, the rates of which which vary for Intra Day Trades & positional trades, SEBI charges remain constant.
The SEBI Turnover fees on the NSE and the SEBI turnover fees on the BSE are the same.

Where can I calculate SEBI Charges?

On the SAMCO Brokerage Calculator, you can calculate all Brokerage & Regulatory charges such as STT, Exchange Turnover Fees etc. for any transaction.

The post What are SEBI Fees on Turnover? first appeared on Support | Samco.

• Demat AMC
• Demat Transaction Charges in case of sale of shares

You can check the entire charge list on the SAMCO Website.

The post What are Call and Trade Charges? first appeared on Support | Samco.

Intraday Trading is a trading style that involves initiating & squaring off of all positions before the end of the trading day. Day Traders as they are commonly called, end the day with no positions. For information on delivery brokerage, refer the SAMCO knowledge center.

Watch this video to understand Intraday Trading Strategies

Intraday Brokerage Meaning

The brokerage or fee charged for such transactions squared off intraday is known as Intraday Brokerage.

Why is it important to control Intraday Brokerage expenses?

Day trading is the most common method of trading in the markets, especially for beginners. Day traders can get huge amounts of leverage.
Day traders typically take positions in 4 to 5 stocks or contracts & generate huge volumes. Brokerage is an important cost for day traders. While the value their transactions are generally huge, a day trader could end up paying thousands in Brokerage every day if he is charged brokerage as a percentage of volume generated. If one doesn’t keep control on the intraday brokerage expenses, huge amounts of gross profits could be eaten away by brokerage.

What is the difference between delivery brokerage vs intraday brokerage?

Intraday brokerage is usually cheaper than delivery brokerage. This article explains the difference between intraday brokerage vs delivery brokerage.
Intraday Brokerage Calculator
In order to keep a check on intraday brokerage charges, one must evaluate the transaction fees and pre-calculate the brokerage prior initiating a transaction. This can be done on the intraday brokerage calculator.

SAMCO offers a unique value proposition to Intra Day Traders. At a flat fee brokerage of Rs.20 per Order or 0.05%, whichever is lower, regardless of order size or segment. Day traders can take any position & be assured that their brokerage will not exceed Rs.20 per transaction. This results in huge savings in Brokerage.
Apart from Brokerage Savings, SAMCO also has the lowest intraday margins (up to 33x) & also provides margins against shares with its unique IntraPlus Offering.
IntraPlus provides Traders margins against shares held by them to take Intraday Trades, in the Equity Cash & Equity & Currency Derivative Segments.
You can calculate your savings on the SAMCO Brokerage Savings Calculator & Intraday margins on the SAMCO SPAN Calculator.
To begin Intraday Trading with India’s leading Discount Brokerage, open an account today!

The post What is Intraday Brokerage? first appeared on Support | Samco.