In the world of Indian Brokerage industry, Bonanza is a very famous and old name, established in 1994 as a financial service provider and in a short span of time, Bonanza became one of the best and trusted full-service brokers of India. Bonanza provides the facility to invest in NSE, BSE, MCX, MSEI, NCDEX, NMCE and ICEX. Bonanza charges brokerage of @flat Rs.18 per executed order for all the segments. Bonanza is the depositary participant of both CDSL and NSDL and provide the flexibility to their customers to choose any national exchanges. Bonanza offers demat and trading account services in its platform. Bonanza is well-known for its customer-centric approach as customer’s satisfaction is the top-most priority of the company. Bonanza offers financial services right from equity broking, advisory services, portfolio management services, mutual fund and IPO. The main objective of the Bonanza is to maximize the client’s profit and to be one of the most trusted and globally reputed platforms.
Bonanza has its presence in more than 560 cities with more than 1784 outlets spread across India. Bonanza is well-known for attractive leverage and exposure facility through which you can buy unaffordable shares. It offers free trading software such as Bonanza Netnetlite, Bonanza Mobile Wave and Bonanza Diet. Bonanza has been rewarded by BSE as ‘Major Volume Driver’ (2004-05, 2006-07, 2007-08).
Bonanza Brokerage:
While buying and selling of stocks, traders need to pay brokerage to the broker which can be variable from one broker to another.
Segment
Brokerage
Equity Delivery
Rs.18 per executed order
Equity Intraday
Rs.18 per executed order
Equity Futures
Rs.18 per executed order
Equity Options
Rs.18 per executed order
Currency Futures
Rs.18 per executed order
Currency Options
Rs.18 per executed order
Commodity Futures
Rs.18 per executed order
Commodity Options
Rs.18 per executed order
REGULATORY & EXCHANGE RATESS
CHARGES
DELIVERY
INTRADAY
FUTURES
OPTIONS
Transaction Charges
NSE - Rs. 3.25 per Lacs (0.00325%) BSE - Rs. 2.75 per Lacs (0.00275%) MCX-SX - Rs. 2.00 per Lacs (0.002%)
NSE - Rs. 3.25 per Lacs (0.00325%) BSE - Rs. 2.75 per Lacs (0.00275%) MCX-SX - Rs. 2.00 per Lacs (0.002%)
NSE - Rs. 1.90 per Lacs (0.0019%) BSE - Rs. 0.50 per Lacs (0.0005%) MCX-SX - Rs. 1.20 per Lacs (0.0012%)
NSE - Rs. 50/- per Lacs (0.05%) on Premium BSE - Rs. 25/- per Lacs (0.025%) on Premium MCX-SX - Rs. 25/- per Lacs (0.025%) on Premium
CM Charges
Nil
Nil
NSE - Rs.0.25 per Lacs (0.00025%) BSE - Rs.0.25 per Lacs (0.00025%)
NSE - Rs.7.5 per Lacs (0.0075%) on Premium BSE - Rs.7.5 per Lacs (0.0075%) on Premium
Service Tax
14% on Brokerage, Transaction & CM Charges
14% on Brokerage, Transaction & CM Charges
14% on Brokerage, Transaction & CM Charges
14% on Brokerage, Transaction & CM Charges
STT
Rs. 100 per Lacs (0.1%)
Rs. 25 per Lacs (0.025%) on Sell side
Rs. 10 per Lacs (0.01%) on Sell Side only
Rs. 17 per Lacs (0.017%) on Sell side premium
SEBI Charges
Rs. 0.20 per Lacs
Rs. 0.20 per Lacs
Rs. 0.20 per Lacs
Rs. 0.20 per Lacs
Stamp Duty
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Currency Derivatives
CHARGES
FUTURES
OPTIONS
Transaction Charges
NSE - Rs. 1.10 per Lacs (0.0011%) BSE - Rs. 0.04 per Lacs (0.00004%) MCX-SX - Rs. 1.05 per Lacs (0.00105%)
NSE - Rs. 40 per Lacs (0.040%) on Premium Value BSE - Rs. 0.04 per Lacs (0.00004%) on Premium MCX-SX - Rs. 30/- per Lacs (0.030%) on Premium
CM Charges
NSE - Rs.0.25 per Lacs (0.00025%) MCX-SX - Rs.0.25 per Lacs (0.00025%)
NSE - Rs.7.5 per Lacs (0.0075%) on Premium MCX-SX - Rs.7.5 per Lacs (0.0075%) on Premium
Service Tax
14% on Brokerage, Transaction Charges & CM Charges
14% on Brokerage, Transaction Charges & CM Charges
STT
Nil
Nil
SEBI Charges
Rs. 0.20 per Lacs
Rs. 0.20 per Lacs
Stamp Duty
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Commodities
CHARGES
FUTURES
Transaction Charges
MCX -Non Agri:- Rs. 2.10 per Lacs (0.0021%)) MCX -Agri:- Rs. 0.75 per Lacs (0.00075%) NCDEX - A:- Rs. 3.5 per Lacs (0.0035%) NCDEX - B:- Rs. 1.25 per Lacs (0.00125%)
CM Charges
MCX:- Rs.0.25 per Lacs(0.00025%), NCDEX:- Rs.0.25 per Lacs (0.00025%)
Service Tax
14% on Brokerage & Transaction & CM Charges
STT
Rs. 10 per Lacs (0.01%) on Sell Side only (Excepted exempted Agri Commodities)
SEBI Charges
Rs. 0.20 per Lacs
Stamp Duty
CLICK HERE TO VIEW
Comments for Bonanza Brokerage: Transparent Pricing for Your Investment Success
Bonanza is equipped with many unique features such as free demat & trading account opening, brokerage of flat Rs18 per executed order. handsome leverage facility in all segment, online & offline account opening facility method, trading software & tools and more than 1700+ branches are available across India.
NRML refers to when a trader wants to avail the leverage benefits in equity delivery whereas CNC (Cash and Carry) refers to when a trader can buy shares on the behalf of available funds in his/her account.
No, it is very much clear that securities received against investments under Foreign Direct Investment Scheme (FDI), Portfolio Investment Scheme (PIS) and Scheme for investment on non-repatriation basis need to be credited into separate demat account and also investment under PIS can be on repatriation and non-repatriation basis.
It is a very simple process; you need to visit the nearby branch or download the account opening form from the official website and send it to broker’s office along with required documents.
NRI/PIO are allowed to open only one account with any designated bank (Preferred bank - Axis bank) in a prescribed format for PIS account. After that, bank can issue a PIS approval letter to the investor.
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