Charges on WebNotes

Charges shown on the Kite order window

Sun, 21 Jun 2026 00:00:00 +0000

The Charges field on the Kite order window is an estimate of the all-in cost of the trade you are about to place, shown before you submit. It rolls up brokerage, securities transaction tax, exchange transaction charges, GST, SEBI charges, and stamp duty into a single approximate figure that updates live as you change quantity or price. Brokers are required to display applicable charges on the order placement window under exchange guidelines, and Kite does so as a pre-trade preview so the cost of trading is visible before, not only after, the order.

Charges for G-Sec on Zerodha

Wed, 20 May 2026 00:00:00 +0000

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

Component	Charge
Brokerage (primary auction)	Rs 0
Brokerage (secondary market)	Equity-like (0.03% or Rs 20, whichever lower)
GST on brokerage	18% on brokerage component
Stamp duty	Per state schedule, typically 0.0001%
Demat AMC	Annual; Rs 300+ for non-BSDA
Exchange transaction charges	Negligible
SEBI turnover fee	Negligible

On primary G-Sec auction

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

Kite API charges and plans

Wed, 20 May 2026 00:00:00 +0000

Summary of Kite Connect API charges and plans:

Component	Approximate cost
Base Connect plan (per app)	Rs ~2,000 per month
Historical data add-on	Additional monthly fee
Multiple apps	Per-app billing
Custom enterprise plan	Negotiated

For specifics, see:

Current pricing on kite.trade .

What you get

Order placement / modification.
Live WebSocket ticks.
Portfolio / positions access.
Margin computation.
Funds API.
Basic historical (limited; full historical via add-on).

What it doesn’t include

Strategy coding service.
Backtesting platform (you build).
Order execution on non-Zerodha brokers.

External references

References

Zerodha, Kite Connect plans and pricing, kite.trade.

MTF charges on Zerodha

Wed, 20 May 2026 00:00:00 +0000

MTF charges on Zerodha (or any broker) consist of several components: interest on the borrowed portion, brokerage on the equity transaction, pledge fees, and various government / exchange charges. This article breaks down the cost structure.

Cost components

Component	Detail
Interest on borrowed amount	Daily; typically 10-14% per annum
Brokerage on the buy	Zerodha: Rs 0 for delivery (MTF treated as delivery for STT)
STT	0.025% on sell
Exchange transaction charge	Standard
GST	18% on brokerage + exchange charge
Stamp duty	Per state framework
SEBI fee	Standard
Pledge fee	Rs 30 per pledge instruction
Other regulatory charges	As applicable

Interest calculation

For a Rs 5 lakh MTF position with 12% annual interest:

SLB charges on Zerodha

Wed, 20 May 2026 00:00:00 +0000

SLB charges on Zerodha include:

Cost component	Detail
Lending fee	Net to lender; based on agreed rate (e.g., 8% per annum)
Brokerage	Per Zerodha’s SLB pricing
STT	On the sell-side of SLB (where applicable)
Exchange transaction charge	Per NSE / BSE
GST	18% on brokerage + exchange charge
Stamp duty	Per state
SEBI fee	Standard

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:

SEBI True-to-Label charges October 2024

Mon, 18 May 2026 00:00:00 +0000

The True-to-Label charges framework effective from 1 October 2024 requires NSE, BSE, and other exchanges to charge participants based on actual notional turnover rather than discounted bundled rates. The framework eliminated volume-based exchange discounts that benefited high-volume brokers (and were typically passed on to retail clients only partially), aligning retail charges more accurately with the underlying cost.

What “True-to-Label” means

The label on a charge should match what the participant pays. Pre-October 2024:

Charges on WebNotes

Charges shown on the Kite order window

Charges for G-Sec on Zerodha

On primary G-Sec auction

Kite API charges and plans

What you get

What it doesn’t include

See also

External references

References

MTF charges on Zerodha

Cost components

Interest calculation

SLB charges on Zerodha

Lender perspective

Borrower perspective

SEBI True-to-Label charges October 2024

What “True-to-Label” means