What are the Jainam’s charges for SLB transactions?

What are the Jainam’s charges for SLB transactions?

The processing charges/fees of Jainam for SLB transactions are 20% of the lending/borrowing price plus 18% GST.

Charges are directly debited from your Jainam account when the shares are lent or borrowed.
STT, exchange transaction charges, and SEBI turnover fees are not levied on SLB transactions.

   

 For example:

  • If 100 shares of LAALPATHLAB are lent at a lending price of ₹ 35 each, as shown in the image below, then the charges would be
    1. A processing fee of 20% is charged on the turnover (100×35) = 20% of 3500 = ₹ 700
    2. 18% GST on the processing fee = 18% of 700 = ₹ 126