Zerodha (Flat Rs 20 Per Trade)
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.
In regular delivery (CNC) trades, you pay 100% of the total trade value upfront, and no interest is charged since you are not borrowing any funds. The shares are credited to your Demat account as fully paid holdings.
In Kotak MTF (Pay Later), you pay only a part of the trade value (margin), and Kotak funds the remaining amount. Interest is charged on the funded portion until you sell the shares or convert the position to delivery.
