Zerodha Charges G-Sec

Charges for G-Sec on Zerodha

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Charges levied by Zerodha for primary-market G-Sec / T-Bill / SDL purchases are typically zero:

ComponentCharge
Brokerage (primary auction)Rs 0
Brokerage (secondary market)Equity-like (0.03% or Rs 20, whichever lower)
GST on brokerage18% on brokerage component
Stamp dutyPer state schedule, typically 0.0001%
Demat AMCAnnual; Rs 300+ for non-BSDA
Exchange transaction chargesNegligible
SEBI turnover feeNegligible

On primary G-Sec auction

Zerodha doesn’t charge brokerage; you pay only the cut-off price. RBI processes the auction.

On secondary G-Sec

Equity-like brokerage applies. Liquidity is moderate; bid-ask spread can be material.

See also

External references

References

  1. Zerodha, Charges, zerodha.com/charges/.
  2. RBI, Non-competitive bidding, rbi.org.in.

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