What is Axis Bank's Trade@20 plan?

Axis Bank offers Trade@20 plan for stock trading. This plan offers Equity and Equity Derivatives trading at BSE and NSE. In this plan, the brokerage is charged at a flat rate of Rs 20 per trade when you maintain a minimum 'Average Quarterly Balance' of Rs 75,000 in the Axis Bank account linked to the trading account.

If you do not maintain 'Average Quarterly Balance', you are moved to default Fixed Brokerage Plan where you are charged the brokerage in % (i.e. Equity Delivery at 0.50%).

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