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Clients of discount broker Zerodha have saved between Rs 2,000 crore and Rs 20,000 crore in brokerage fees over the last 10 years, founder and CEO Nithin Kamath claimed in a tweet on Friday. The company has waved off brokerage for equity deliverables.

“It’s been around 10 years since we waived off brokerage for equity delivery. Even though there is extreme pressure to change the stance, given option trading volumes are down significantly, we’ve stuck with this so far. Over the 10 years of being free, our clients have saved between Rs 2000 and 20,000 crores as equity delivery brokerage. And yeah, Zerodha = Zero + Barriers (Sanskrit), not Zero + brokerage,” the tweet said.