How to Change of Brokerage Slab?

b) As per executed order for Intra-day Trade is minimum Rs. 12 and maximum Rs.25 per executed order for Delivery Trades.

c) The brokerage charged will be subject to a maximum of 2.5% as regulated by SEBI.

Below given is the case study of client XYZ123, wherein one contract brokerage is charged with different percentage:

Brokerage Table - Delivery Brokerage in system for client
Table Name	Table No	Line No	Upper Lim	Delivery
DEL 0.5%,MIN..10P	50230	1	20	0.1
DEL 0.5%,MIN..10P	50230	2	90000000	0.50%

Security description	Buy Qty	Sell Qty	Gross Rate Security Rs.	Total Amt Rs. (#)	Actual.Brok As Per Above Table (A)	Min Criteria (B)	Max As Per SEBI 2.5% (C)
AADHAAR VENTURES IND	100000		0.42	42000	10000	12	1050

System will first verify the amount with first condition of Min Rs. 12 (B) or the actual brokerage amount (A) whichever is higher. However, as said, broker charged cannot be more than 2.50% brokerage. Hence, system will calculate the brokerage with Total Amt Rs.(#) * 2.50% = (C).

Now, if the amount (C) is lower than amount (A) then amount (C) will be charged on whichever is less.

If amount (A) is higher than (B) but not exceeding the SEBI's norm of 2.50% then Actual Brokerage as per brokerage table will be imposed in contract note.

Security Desciption	Buy Qty	Sell Qty	Gross Rate/ Security Rate	Total Amt Rs.	Total Brokerage Rs.*
AADHAAR VENTURES IND	100000 D		0.42	42000.00	1050.00
AADHAAR VENTURES IND	83633 D		0.42	35125.86	878.15
AADHAAR VENTURES IND	16367 D		0.42	6874.14	171.85
AADHAAR VENTURES IND	50000 D		0.42	21000.00	525.00

Above calculation will be applicable only in CM trade. As per New Contract Note format, brokerage charged will be shown as "Brokerage Per Unit". For example: In above case Qty / (C) = 0.01

Note : If the client is updated in exceptional in minimum per order brokerage then 20 Rs. delivery handling charges are charged.

In FAO and Option, the brokerage is charged as per slab available for client in master.

The New Brokerage Change Request option is available for Equity and as well as Commodities Segment. No need of sending email to advisory or Query. You can select the advisory from the list given. You can give request for creating slab for Branch or for clients. Request can be given for Single Client or family wise.

If the same is approved by respective advisor and his head before 2:30 PM then the same will be applicable for the same day’s billing.

1) Request has to be sent before the stipulated time - Request punched by you will be accepted or rejected by your advisory and will be applicable if accepted before 3.00 PM on trading day.

4) Once the slab change request is approved an auto mailer to the end client will be sent on his/her registered email-id and SMS will also be sent to the client on his/her registered mobile no with us.