What is a broker tariff sheet?

A tariff sheet is the broker’s official, complete schedule of charges, covering brokerage rates across every segment (equity delivery, intraday, F&O), DP charges, account maintenance charges, MTF interest rates, pledge and unpledge charges, and any other fees, laid out in one reference document rather than scattered across marketing pages. It’s typically part of the account opening documentation and is also usually available on the broker’s website, and it’s the document you refer back to whenever you want to understand the actual, complete cost structure rather than relying on a headline ‘zero brokerage’ claim that might only apply to one specific segment. Brokers are required to disclose this clearly, and any charge applied to your account should trace back to something listed in the tariff sheet, so if you see an unfamiliar charge on a contract note or ledger, the tariff sheet is the first place you check before assuming it’s an error. You revisit the tariff sheet periodically, not just at account opening, since brokers do revise their fee structures from time to time, and staying current on it helps you actually understand what you’re paying for.