-13.77%48,999 Clients
Monarch Networth Capital brokerage charges are 0.15% for equity delivery, 0.01% for intraday trades, currency futures 0.02% and options Rs 15 per lot.
The company offers diverse BFSI products (banking, financial services, and insurance), including Equity, Commodity, and currency Broking services, IPO, FPO, Mutual Funds, Bonds, FDs, NPS, Life and General Insurance Policies, Demat services, Investment Banking, loan against securities, and margin funding.
| Transaction | Fee |
|---|---|
| Trading Account Opening Charges (One Time) | Rs 0 (Free) |
| Trading Annual Maintenance Charges AMC | Rs 0 (Free) |
| Demat Account Opening Charges (One Time) | Rs 0 (Free) |
| Demat Account Annual Maintenance Charges AMC | Rs 350 PA |
Customer pays a commission (brokerage) when buying or selling stocks through Monarch Networth. The brokerage charges for equity, commodities and currency derivative trading for Monarch Networth are explained as below.
| Segment | Brokerage Fee |
|---|---|
| Equity Delivery | 0.15% |
| Equity Intraday | 0.01% |
| Equity Futures | Rs 15 per lot |
| Equity Options | Rs 15 per lot |
| Currency Futures | 0.01% |
| Currency Options | Rs 15 per lot |
| Commodity Futures | 0.01% |
| Commodity Options | Rs 15 per lot |
The Demat account transactions are charged separately from the trading commission. Find Monarch Networth Demat account charges 2026.
Monarch Networth Demat Charges
Monarch Networth trading and demat account opening fees are Rs 0 (Free). Monarch Networth charges Rs 350 PA per year demat account AMC. Monarch Networth demat debit transaction fee of Rs 20 or 0.025% (Whichever is higher) per debit transaction.
| ID | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening Charges | Rs 0 (Free) |
| 2 | Transaction Charges (Buy) | Rs 20 or 0.025% (Whichever is higher) |
| 3 | Annual Maintenance Charges (AMC) | Rs 350 p.a. (First 6 Month Free) |
| 4 | Demat + Courier charges | Rs 5 Per Certificate with min Rs 40 Per request + Rs 45 Courier Charges per request |
| 5 | Remat | Rs 45 Postage Charges + Rs 10 Per 100 Securities / Rs 20 Per Certificate whichever is higher, Maximum Rs 5,00,000 |
| 6 | Pledge Creation | Rs 15 Per Instruction |
| 7 | Pledge Invocation | Rs 15 Per Instruction |
| 8 | Failed Transactions | Rs 50 Per Instruction |
| 9 | Other Charges | Market/Off Market Transfer (Per Transaction): Rs 30 or 0.030% (Whichever is higher) Margin Pledge in favour of TM/CM: Rs 12 Per Instruction In favour of MNCL Rs 25 Per Instruction In favour of other than MNCL |
A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .
| Segment | Transaction Fee |
|---|---|
| Equity Intraday | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Delivery | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Futures | NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 |
| Equity Options | NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) |
| Currency Future | NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) |
| Currency Option | NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Monarch Networth charges government taxes and fees in addition to the brokerage. These Monarch Networth trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the Monarch Networth tax calculation.
| Tax Monarch Networth | Rates |
|---|---|
| |
18% on (Brokerage + Transaction Charge + SEBI Fee) | |
0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per crore) | |
(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
Monarch Networth Capital provides transparent and competitive brokerage charges with a cost-effective structure. The company charges a transaction brokerage fee of 0.01% of the total turnover.
In addition, SEBI imposes turnover charges on trades executed in the equity, commodity, and currency markets. Other charges, such as transaction charges, Securities Transaction Tax (STT), and Goods and Services Tax (GST), also apply.
Monarch Networth Capital has different brokerage fees for different segments of assets that they offer to clients. The charges are listed below:
Information on this page was last updated on Thursday, February 22, 2024
Zerodha (Flat Rs 20 Per Trade)
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Compare brokers side-by-side to choose the right one.
Are you a Monarch Networth Customer?
Motilal Oswal
Open Instant Account (Start Trading Today)
