SLB transactions incur processing charges of 20% of the lending/borrowing price plus 18% GST. You can check the lending/borrowing price on SLB bids and offers by visiting the NSE website.
The price under the Best Bid column shows the price at which you can borrow shares, and Best Offers shows the price at which you can lend shares.
Example scenario
If you lend 100 shares of BAJAJ-AUTO at a lending price of ₹13 each:
- A: Processing fee of 20% on turnover (100 × 13 = 1300) = 20% of 1300 = ₹260
- B: 18% GST on processing fee = 18% of 260 = ₹46.8
Total SLB fees: A + B = ₹306.8
When charges are debited
Zerodha directly debits charges from your account when you lend or borrow shares. DP charges also apply if you lend shares using SLB.
- For lenders: Charges are deducted from the proceeds credited to your Zerodha account on the day you lend shares.
- For borrowers: Charges are debited from your Kite account on the day you borrow shares.