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Wednesday, 9 September 2015

What is a contract note?

Contract note is the digital share certificate. In the past, we used to have a physical (paper) share certificates which are now replaced by digital certificates called as contract notes.

When you buy the stocks, you will get the contract note for your transaction.
Contract note shows below information.

  1. Exchange name
  2. Security name
  3. Quantity
  4. Executed price
  5. Transaction amount
  6. Brokerage fee
  7. Stamp duty
  8. Service tax
  9. Trade date and time

What do you think on this topic? Please express your opinion or ask any question through comment below. You can write to me at reply2sagar@gmail.com

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