NRI Account Opening Charges :

Account opening fee – per account
  Rupees 2500 + 450 (GST at 18%)
Life Time AMC valid for 10 years on Demat account inclusive of GST
(not applicable for F&O accounts) – per account
  Rupees 2500 + 450 (GST at 18%)

  Rupees 5900


Kindly note that NRE Equity Cash, NRO Equity Cash, and NRO F&O accounts are separate accounts

Brokerage Summary:

Tradeplus Brokerage for NRI Trading Account and NRI Demat Account is the best among the Stock Brokers in India:

Brokerage and other charges

Expense Head
NRE – Equity Cash
NRO – Equity Cash
Brokerage on volume *
Rs.49 per Traded Order
GST on Brokerage @ 18%
Securities Transaction Tax or STT on volume
Futures sell – 0.01% on volume

Options sell – 0.05% of premium amount

Option Exercised - 0.125% on difference between the settlement price and strike price of option
Transaction Charges
Futures – 0.002%, Options – 0.053% on premium value
SEBI Turnover Charges
Stamp Duty (Commodity and Currency rates are not applicable for NRI)
As per Indian address proof provided / TamilNadu
As per Indian Address proof provided / Tamil Nadu
As per Indian Address proof provided / Tamil Nadu
Clearing member Charges (clearing done through ORBIS financial)
Futures – 0.002 % , Options – 0.0005% on premium value
MTF Account – Interest
Product not available for NRE
2% p.m on debit amount

Mutual fund investment00NA


* - Brokerage mentioned is without RM support. If RM support is required, the brokerage will be 0.5% for NRE and NRO account
* - GST is applicable on Transaction charges also

Summary of Depository charges:

Demat & Remat Charges
Demat Charges NRI
Rs. 200/- per DRF (up to 5 Certificates)More than 5Certificates Rs. 30/- per certificate plus Rs. 200/- (Minimum Charges)
Remat Charges
Rs. 15/- per certificate for every hundred shares or part thereof Remat Charges subject to the maximum fee of Rs. 5,00,000 or a flat fee of Rs. 15/- Per certificate whichever is higher plus handling charges Rs. 50/- No rematerialization fee for Govt. Securities.
Demat Rejection
Rs. 35/- per rejection (up to 5 certificate) More than 5 Certificates Rs. 3/- + Rs. 35/- (Minimum Charges)
Conversion Request (Mutual Fund) Charges
Conversion request charges for NRI Clients
Rs. 200/- per CRF
Transaction Charges
Market Selling(Debits) other than Navia Markets Ltd. OFF Markets Debits & Inter Depository Debits
0.04% of Transaction Value, subject to Minimum of Rs. 30/- Per Transaction
Inter Settlement Transfer
Rs. 15/- per Transaction for non POA
Failed Transaction
Rs. 15/- per Transaction
Pledge & Securities Lending and Borrowing
Pledge Creation
0.02% of the value of the securities pledged, subject to minimum of Rs. 50/- per Transaction.
Pledge Closure & Invocation
0.02% of the value of the securities pledged, subject to minimum of Rs. 50/- per Transaction.
Securities Borrowing
Rs. 50/- per Transaction
Modification Charges Rs. 100/- for every change of address / Bank Details