Zerodha SLB Charges

SLB charges on Zerodha

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SLB charges on Zerodha include:

Cost componentDetail
Lending feeNet to lender; based on agreed rate (e.g., 8% per annum)
BrokeragePer Zerodha’s SLB pricing
STTOn the sell-side of SLB (where applicable)
Exchange transaction chargePer NSE / BSE
GST18% on brokerage + exchange charge
Stamp dutyPer state
SEBI feeStandard

Lender perspective

The lending fee is the lender’s main income source. Net of charges:

  • Gross lending fee (e.g., 8% per annum on borrowed amount).
  • Minus brokerage / charges.
  • Net to lender: ~6-7% per annum typically.

Borrower perspective

The borrower pays:

  • Lending fee to the lender.
  • Plus brokerage and charges.
  • Effective cost: ~8-10% per annum.

Comparison with MTF

FeatureSLBMTF
PurposeShort-sell deliveryLong-buy with leverage
CostLending fee + chargesInterest + charges
SettlementT+1 + deliveryT+1 + interest

See also

External references

References

  1. NSE Clearing, SLB charges, nseclearing.com.
  2. Zerodha, SLB pricing, zerodha.com.

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