How much does Punch charge for trading?

Punch charges flat ₹1 per executed order for all trades - equity intraday, equity delivery, futures, and options. No hidden charges, no AMC, no platform fees.

Is brokerage charged on both buy and sell?

Yes. Brokerage is charged per executed order — once on buy, and once on sell.

Is brokerage per executed order or per lot?

Brokerage at Punch is ₹1 per executed order, not per lot. Whether you trade 1 lot or 100 lots, 1 share or 1,000 shares — brokerage remains ₹1 per executed order.

Is there any minimum brokerage or cap?

No minimum. No cap. ₹1 per executed order — that's it.

Is this an introductory offer?

No. ₹1 brokerage is not a limited-time offer. It's part of our #OneCrazyMission to provide pro-grade trading at ₹1 brokerage.

Are there any hidden charges at Punch?

No. ₹1 per executed order. No conditions. No limits. Account opening fee is ₹200 + 18% GST (₹236 total). There are no annual maintenance charges (AMC).

How does Punch offer ₹1 brokerage with pro-grade tools?

Punch uses technology and operational efficiency to deliver pro-grade trading at ₹1 brokerage, passing the savings to traders. We're SEBI-registered (INZ000300936), NSE/BSE members. Our platform has 99.999% order reliability and 0.01s order execution time for last 12 months. Check live reliability status at https://status.punch.trade

Yes. Funds are held with clearing corporations, not Punch. Your money is protected as per SEBI regulations.

Do you sell our data or make side deals?

No. Never. We are regulated by SEBI, and selling user data is strictly prohibited. Punch earns only from brokerage — no data sales, no backdoor deals, no hidden revenue streams.

Don't. Let our product do the talking. Try it once.

What trades are covered at ₹1 brokerage?

All trades are covered at ₹1 per executed order: Equity intraday, equity delivery, futures, and options. The ₹1 flat rate applies across all segments.

What is options trading brokerage at Punch?

₹1 flat per executed options order, whether you buy or sell. 1 lot or 100 lots = ₹1 per order - not per lot.

What are the other charges apart from brokerage?

Apart from ₹1 brokerage, you pay: STT/CTT (government tax on transactions), exchange transaction charges (NSE/BSE fees), SEBI turnover fees (₹10 per crore), stamp duty, and 18% GST on brokerage plus fees. These statutory charges are regulator-mandated and identical across all brokers in India.

Do statutory charges change with different brokers?

No, statutory charges like STT/CTT, exchange transaction charges, SEBI fees, GST, and stamp duty are regulator-set and apply irrespective of which broker you use. These charges are the same across all brokers.

What is the total cost per trade at Punch?

The total cost includes ₹1 brokerage + statutory charges (STT/CTT, exchange transaction fees, SEBI fees, GST, and stamp duty). Statutory charges are regulator-mandated and apply at all brokers.

What is the account opening fee?

Account opening fee at Punch is ₹200 + 18% GST, which equals ₹236 total. This is a one-time charge with no annual maintenance charges.

Does Punch charge AMC (Annual Maintenance Charge)?

No, Punch does not charge any Annual Maintenance Charge (AMC). You pay only ₹1 per executed trade with no recurring annual fees.

Pro-grade trading at ₹1 brokerage per executed order.

Across all options, futures & stocks. No conditions applied.

Charges

Account Opening Charges

₹200 + 18% GST

Futures & Options

Intraday	Delivery
Punch Charges
Brokerage
₹1 Per Executed Order Or 0.10% (Whichever Is Lower) + 18% GST	₹1 Per Executed Order Or 0.10% (Whichever Is Lower) + 18% GST
Exchange & Government Charges
STT/CTT
0.02% on sell side	0.1% on sell side (on premium) 0.125% of the intrinsic value on options that are bought and exercised
Transaction charges
NSE: 0.00173% BSE: 0	NSE: 0.03503% (on premium) BSE: 0.0325% (on premium)
GST
18% on (brokerage + SEBI charges + transaction charges)	18% on (brokerage + SEBI charges + transaction charges)
SEBI Fees
₹10/crore	₹10/crore
Stamp charges payable upfront-Off market transfer
0.002% or ₹200/crore on buy side	₹50 + 18% GST 0.003% or ₹300/crore on buy side

Equity

Intraday	Delivery
Punch Charges
Brokerage
₹1 Per Executed Order Or 0.10% (Whichever Is Lower) + 18% GST	₹1 Per Executed Order Or 0.10% (Whichever Is Lower) + 18% GST
Exchange & Government Charges
STT/CTT
0.025% on the sell side	0.1% on buy & sell
Transaction charges
NSE: 0.00297% BSE: 0.00375%	NSE: 0.00297% BSE: 0.00375%
GST
18% on (brokerage + SEBI charges + transaction charges)	18% on (brokerage + SEBI charges + transaction charges)
SEBI Fees
₹10/crore	₹10/crore
Stamp charges payable upfront-Off market transfer
0.003% or ₹300/crore on buy side	0.015% or ₹1500/crore on buy side

Frequently Asked Questions:

How much does Punch charge for trading?
Punch charges flat ₹1 per executed order for all trades - equity intraday, equity delivery, futures, and options. No hidden charges, no AMC, no platform fees.
Is brokerage charged on both buy and sell?
Yes. Brokerage is charged per executed order — once on buy, and once on sell.
Is brokerage per executed order or per lot?
Brokerage at Punch is ₹1 per executed order, not per lot. Whether you trade 1 lot or 100 lots, 1 share or 1,000 shares — brokerage remains ₹1 per executed order.
Is there any minimum brokerage or cap?
No minimum. No cap. ₹1 per executed order — that's it.
Is this an introductory offer?
No. ₹1 brokerage is not a limited-time offer. It's part of our #OneCrazyMission to provide pro-grade trading at ₹1 brokerage.
Are there any hidden charges?
No. ₹1 per executed order. No conditions. No limits. Account opening is ₹200 + GST (₹236 total). No AMC.
How does Punch offer ₹1 brokerage with pro-grade tools?
Punch uses technology and operational efficiency to deliver pro-grade trading at ₹1 brokerage, passing the savings to traders. We're SEBI-registered (INZ000300936), NSE/BSE members. Our platform has 99.999% order reliability and 0.01s order execution time for last 12 months. Check live reliability status at status.punch.trade.
Are my funds safe?
Yes. Funds are held with clearing corporations, not Punch. Your money is protected as per SEBI regulations.
Do you sell our data or make side deals?
No. Never. We are regulated by SEBI, and selling user data is strictly prohibited. Punch earns only from brokerage — no data sales, no backdoor deals, no hidden revenue streams.
How can I trust you?
Don't. Let our product do the talking. Try it once.
What trades are covered at ₹1?
All trades: Equity intraday & delivery, Futures, and Options — charged per executed order at flat ₹1.
What is options trading brokerage at Punch?
₹1 flat per executed options order, whether you buy or sell. 1 lot or 100 lots = ₹1 per order - not per lot.
What are the other charges apart from brokerage?
STT/CTT (govt tax), exchange transaction charges (NSE/BSE fees), SEBI turnover fees (₹10/crore), stamp duty, and 18% GST on brokerage+fees. These statutory charges are regulator-mandated and same across all brokers.
Do statutory charges change with broker?
No. They're regulator-set (STT/CTT, exchange txn, SEBI, GST, stamp) and apply irrespective of broker.
What is the total cost per trade?
Total cost = ₹1 brokerage + statutory charges (STT/CTT, exchange fees, SEBI fees, GST, stamp). Statutory charges are the same across all brokers.
What is the account opening fee?
Account opening fee is ₹200 + 18% GST = ₹236 total. This is a one-time charge with no recurring fees.
Does Punch charge AMC (Annual Maintenance Charge)?
No, Punch does not charge any Annual Maintenance Charge (AMC). You pay only ₹1 per trade with no annual fees.