Upstox charges 0.06% of Allotment amount as Brokerage and 18% GST on it


For Example: If you’ve applied for 100 units of T-Bills, for which the cut-off price was ₹100 and the Allotment price was ₹98.

Total charges will be  = Brokerage (0.06% of ₹98 * 100 units) + 18% GST on Brokerage = 5.88 + 18% * 5.88 = ₹6.93