Last Updated: Apr 29, 2024 Value Broking 3 Mins 2.8K
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In the realm of stock trading and investments, it is imperative to comprehend the various charges associated with maintaining an account. One prominent player in the Indian brokerage landscape is IIFL Securities, which offers a straightforward discount brokerage plan known as iServe. This plan provides a range of cost-effective trading options, including Brokerage-Free Equity delivery trades and a flat fee of Rs 20 per trade for Intra-day and F&O trading in Equities, Currencies, and Commodities across major exchanges like BSE, NSE, and MCX.

IIFL Securities Account Charges

When trading with IIFL Securities, customers are responsible for various fees, commissions, and taxes. These charges can be broadly categorized as account opening charges and account maintenance charges (AMC).

TransactionFee (in INR)
Trading Account Opening ChargesRs 0 (Free)
Trading AMC (Yearly Fee)Rs 0
Demat Account Opening ChargesRs 0 (Free)
Demat AMC (Yearly Fee)Rs 250 (Free for 1st year)

IIFL Securities Brokerage Charges

The brokerage charges for different segments of trading with IIFL Securities are as follows:

SegmentBrokerage Fee (per order in INR)
Monthly Fee (Fixed)NA
Equity DeliveryRs 20
Equity IntradayRs 20
Equity FuturesRs 20
Equity OptionsRs 20
Currency FuturesRs 20
Currency OptionsRs 20
Commodity FuturesRs 20
Commodity OptionsRs 20

IIFL Securities Demat Account Charges

Demat account transactions are billed separately from trading commissions. The charges for Demat account services with IIFL Securities are outlined below:

1Demat Account Opening ChargesRs 0 (Free)
2Transaction Charges (Buy)
3Transaction Charges (Sell)₹25 per debit transaction
4Annual Maintenance Charges (AMC)₹250 (free for 1st year)
5Demat + Courier charges₹15 per certificate
6Remat₹15 per certificate
7Pledge Creation₹10
8Pledge Creation Confirmation₹0
9Pledge Invocation₹15
10Failed Transactions
11Other ChargesConversion of MF units: ₹0, Reconversion of MF units: ₹0, Courier Charges: ₹100 per request

IIFL Securities Transaction Charges

Transaction charges, which include Exchange Turnover Charge and Trade Clearing Charge, vary across different trading segments:

SegmentTransaction Fee
Equity DeliveryRs 325 per Cr (0.00325%)
Equity IntradayRs 325 per Cr (0.00325%)
Equity FuturesRs 210 per Cr (0.0021%)
Equity OptionsRs 5100 per Cr (0.051%) (on premium)
Currency FuturesRs 210 per Cr (0.0021%)
Currency OptionsRs 5100 per Cr (0.051%) (on premium)
CommodityGroup A – Rs 280 per Cr (0.0028%)

IIFL Securities Trading Taxes

In addition to brokerage charges, IIFL Securities applies government taxes and fees, which are detailed in the contract note sent to customers at the end of each trading day. These taxes include:

  • Securities Transaction Tax (STT)
  • Exchange Transaction Charges
  • GST (Goods and Services Tax)
  • SEBI (Securities and Exchange Board of India) Charges
  • Stamp Duty


Understanding the various charges associated with maintaining an account with IIFL Securities is crucial for making informed investment decisions. By being aware of these fees, investors can confidently and clearly navigate the financial aspects of trading.