Motilal oswal
Very bad method of charging brokerage

Good day sir,

as cited above i hold demat a/c with motilal oswal and icicidirect, months back i b

i trade more in motilal oswal now because of reduced brokerage ie .50ps delivery as against .75ps in icicidirect, around 2 months back i purchased some scrips for which the brokerage is charged at 10ps

as minimum charge why should the co have such parity and charge uneven brokerages

even a co like icici which had minimum brokerage clause of 25rs taxes is now charging normal rates ie .75

ps so even if i buy shares worth 1000 rs the net bkg is 10

whereas in motilal oswal i purchased 2500 shares at 4.24 and sold the same at 5.04rs i was charged rs 250 tax for a total value of 12500, where as the actual bkg should have been around 63 rs taxes

kindly help me out

MY ac details

Prashant M Mehta

#1313, Pritchard Road,

Robertsonpet KGF

563122, 9845191753, 08153 - 260251

A/c no NKG209 - Motilal Oswal KGF Branch

Company: Motilal oswal
Country: India

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