Latest Update: 6th Dec, 2019
I opened my first demat account in 2006 just after getting my first job. I was excited to invest in the stock markets. I had my salary account with ICICI and it was damn easy to get a demat and trading account with ICICI bank.
But later I realized that ICICI charges a hell lot of charges for trading and delivery of shares into account.
Then I found demat accounts with Zero Brokerage on delivery, means I have to pay no brokerage for long term investing.
Even for day trading, the brokerage is as low as Rs. 20 per trade (whether you execute an order of 1 crore rupees)
Isn’t it amazing?
In 2010, I started investing heavily in stock markets. In the past few years, I opened accounts with Upstox, Zerodha, 5Paisa, and Angel Broking.
Demat account charges
Banks like ICICI, HDFC and SBI charges heavy percentage on the trade amount. Stockbrokers like Angel Broking and Sharekhan charge less but again it’s the percentage basis.
A discount broker like Upstox charges a fix Rs. 20 per trade irrespective of the trade amount. You don’t have to pay a percentage on the trading amount.
Use this special link to open Upstox demat account in a few minutes
Select Your Favorite Section
Best demat account with the lowest brokerage in India
#1. Upstox Demat & Trading Account Review
Upstox (earlier known as RKSV Securities) is a discount broker in India, good for traders who look for low brokerages, high margins, and decent trading platforms.
Upstox has fix brokerage of Rs. 20 per trade irrespective of the trading volume.
Upstox Account Regular Fee & Charges
- Upstox Equity Demat and Trading – Rs. 300 (includes first year AMC)
- Upstox Commodity Trading Account– Rs. 150
- Upstox Annual Maintenance Charges – Rs. 150
But Upstox waived off account opening charges for CashOverflow readers the month of Dec 2019.
Click here to open a FREE account with Upstox
Upstox Trading Brokerage Charges
| Type | Brokerage |
| Equity Delivery | Rs. 0 |
| Equity Intraday | Lower of Rs. 20 per executed order or 0.01% |
| Equity Futures | Lower of Rs. 20 per executed order or 0.01% |
| Equity Options | Rs. 20 per executed order |
| Currency Futures & Options | Lower of Rs. 20 per executed order or 0.01% |
| Commodity F&O | Lower of Rs. 20 per executed order or 0.01% |
You can also use Call & trade service at Rs. 20 per order.
Advantages of Upstox Trading Account
No brokerage charges for delivery
Great trading platforms
Fix & low brokerage irrespective of trade volume
You cannot make the investment to IPO and FPO
Direct link to fill account opening application with Upstox
#2. Zerodha Demat Account Review
Zerodha is one of the largest discount broker having more than Over 1.5 lakh trading customers with the average daily trading transaction of over Rs 10,000 crore.
Zerodha is best for small investors because there are no minimum charges of brokerage per trade. The brokerage rate is 0.01% or Rs 20 per executed order whichever is lower.
Click Here to Open Zerodha Account
Quick Application LinkTheir main business review comes from derivatives, hence they have decided to charge zero brokerage on delivery.
Key Benefits of Zerodha
- Delivery is totally free. No brokerage on delivery.
- No minimum cap of brokerage per transaction.
- Maximum brokerage charge capped to Rs 20 irrespective of transaction volume.
- Provide a margin from 4 to 10 times.
Account Charges
- Trading Account Opening Charges ( one time) – Nil
- Demat Account Opening Charges ( one time) – Rs 300
- Trading Account Maintenance Charges (AMC) – Rs 0
- Demat Account Maintenance Charges (AMC) – Rs 300 per year
Zerodha Brokerage Charges
- Equity Delivery- zero brokerage
- Equity Intraday- 0.01% or Rs 20/per trade whichever is lower
- Equity Futures- 0.01% or Rs 20/per trade whichever is lower
- Equity Options- flat Rs 20 per trade.
Zerodha Trading Platforms
- Zerodha Trader – A complete trading solution for the investors and traders which provide complete market data and multi market access from a single front end.
- Zerodha Z5 – A browser based website specially for the users having low internet speed of less than 512 Kbps.
- Zerodha Mobile – A mobile app through which you can trade from your mobile also.
- Zerodha Pi – A next generation trading platform having many features such as integrating charting with up to 50,000 candles.
#3. 5Paisa Demat Account Review
Unlike other demat and trading platforms, 5 Paisa offers flat Rs. 10 for trade. No matter how much you buy. You will not be charged based on any percentage.
Other Benefits
- Invest in Mutual Funds and buy insurance through the same account
- 100% waiver on account opening charges – A saving of Rs. 650
- Maintenance Charges – Rs. 45 per month only when for months when you trade
Use this special link to open 5Paisa free of cost
Note – The offer is only available till 31st May, so open your account today to save account opening charges of Rs 650 + GST
You will save a lot of money from the saving from your trade charges. ICICI charges 0.5% of the trade volume, that means I have to pay Rs. 500 for buying/selling 100,000 Rs. shares while at 5Paisa I will pay only Rs. 10.
Note: Account opening charges are non-refundable
Read the detailed review of 5Paisa Demat & Trading Account (Also my personal experience of opening account with them)
Margin provided by 5paisa
| Equity Intraday | Upto 15 times |
| Equity Delivery | 5 times |
| Equity Futures | 2 times |
| Equity Options | 2 times |
| Currency F&O | 2 times |
Account opening is very easy and convenient. You fill up simple online form and they will come to collect your documents.
Direct link to Fill up online application for 5Paisa Account
5Paisa Brokerage Structure
| Transaction Form | Brokerage |
| Equity Intraday | Rs 10 per executed order |
| Equity Delivery | Rs 10 per executed order |
| Equity Futures | Rs 10 per executed order |
| Equity Options | Rs 10 per executed order |
| Currency F&O | Rs 10 per executed order |
5Paisa Trading Platform
- Investor Terminal – Investor terminal is for the low volume traders. This is a web-based terminal and easy to access.
- Trader Terminal – Trader terminal is for high volume traders which provide a powerful interface and fast execution.
#4. Angel Broking Demat Account Review
Angel broking is one of the oldest brokerage company in India having established network branches in over 900 cities. At present angel broking providing service to more than 10,00,000 customers.
Angel broking‘s customer care service is up to the mark.
I recommend Angel Broking only if your Adhaar Card is linked with your mobile number.
Click Here To Open Account with Angel Broking in 5 minutes
You can complete your entire application online and start trading after validating your identity with Adhaar OTP.
Angel Broking Provided Trading Platforms
- Angel Eye – A web based platform useful for portfolio tracking and undated quotes. It also provide up-to-date market information and live news. I use Angel Eye platform for transactions.
- Angel Broking App – A mobile app useful to view current market prices and track your portfolio.
- Angel Speed Pro – An installable software comes with 30 days intraday and 20 years historical data.
Additional Services
- Margin provided up to 10 times of the amount deposit.
- Free SMS advisory service for 3 months.
- You can start trading within 1 hour through digital KYC.
Account Charges of Angel Broking
- Trading Account Opening Charges – Rs 0.
- Demat Account Opening Charges – Rs 0.
- Angel Classic ( 10,000 to 24,999) – Rs 450 per annum.
- Angel Preferred ( 25,000 to 49,999) – No AMC for 1st year and Rs 450 p.a afterwards.
- Angel Premier ( 50,000 to 99,999) – No AMC for 2 year and Rs 450 p.a afterwards.
- Angel Elite ( 1,00,000 & more) – No AMC for 3 years and Rs 450 p.a afterwards.
#5. Religare Demat Account Review
Religare securities Ltd. (RSL) is a wholly owned subsidiary of religare enterprise. RSL is a diversified financial service group which serving more than 8 lakh across both online and offline platforms.
RSL offers broking services in equity, currency and commodity along with depository participant services.
Account Charges
- Demat Account Opening Charges – Nil
- Trading Account Opening Charges – Nil
- First Year Annual Maintenance Charges – Nil
- Annual Maintenance Charges From 2nd Year – Rs 500
Note – You can avail lifetime AMC free account with one-time payment of Rs.2500.
Religare Demat & Trading Account Brokerage Charges
- Intraday Charges – 0.05%
- Delivery – 0.50%
Advantages of Religare Securities Ltd
- RSL provide mobile trading platform to place order anytime from anywhere.
- Provides facility of investing in equities, derivatives, currency, futures, commodities and mutual funds through a single account.
- Provides intraday reporting and historical charting.
Disadvantages of Religare Securities Ltd
- Charge Rs 10 per offline order with a maximum limit of Rs 50 per day.
Best Demat Account for Small Investors
Sharekhan is one of the leading online brokerage company having more than 12 lakh customer base. Presently the company has provided service from more than 1800 offices across 550 cities.
Sharekhan offers two type of accounts
1) Classic Account – Classic account is an online trading account for equities and derivatives best suited for investors. This account has the features like multiple watch lists, real-time portfolio tracking with price alerts and integrated banking.
2) Trade Tiger Account – Trade tiger account is a net-based executable application for active traders who trade frequently during the day’s trading session.
I have their classic account because I am not a trader, I am a value investor.
Account Charges of Sharekhan account
- Trading Account Opening Charges – Nil
- Demat Account Opening Charges – Nil
- Annual Maintenance Charges – Upto 750 (depend on the balance keep)
Brokerage Structure
| Transaction Form | Brokerage |
| Equity Intraday | 0.1% on both sell & buy ( min 5 paise/share) |
| Equity Delivery | 0.5% ( min 10 paise/share) |
| Equity Futures | 0.1% |
| Equity Options | Rs 100 per lot or 2.5% on premium ( whichever is higher) |
Prepaid Amount, Period, Intraday , Delivery, Futures, Options (Higher of % on premium)
Rs 1000, 6 months, 0.09% (min 5p), 0.45%, 0.09%, 2.5 % or Rs 95
Rs 2000, 12 months, 0.07% (min 5P), 0.40%, 0.07%, 1.5% or Rs 80
Rs 6000, 12 months, 0.05% (min5P), 0.25%, 0.05%, 1% or Rs 70
Rs 18000, 12 months, 0.04% (min 4P), 0.20%, 0.04%, 1% or Rs 50
Rs 30000, 12 months, 0.03% (min 3P), 0.18%, 0.03%, 0.75% or Rs 40
Rs 60000, 12 months, 0.02% (min 2P), 0.15%, 0.02%, 0.50% or Rs 30
Rs 100000, 12 months, 0.015% (min 2P), 0.1% , 0.015%, 0.50% or Rs 25
Rs 200000, 12 months, 0.005% (min 2p), 0.08%, 0.005%, Flat Rs 10
Benefits of Sharekhan
- Account opening charges are adjusted towards first six months brokerage or waived off.
- No annual maintenance charge for the first year.
- Sharekhan provides online & offline training workshops to investors.
- Free call & trade facility.
Drawbacks of Sharekhan
- Minimum brokerage charge per stock would reduce your profit on trading small (penny) stock.
- Brokerage rate is higher as compared to other demat companies. But you can negotiate at the time of account opening.
Best Demat account for investors in India
#7. Motilal Oswal Demat Account Review
Motilal oswal financial services is at the third position in the list of best demat accounts in India. Motilal Oswal provides a huge number of services such as private wealth management, retail broking and distribution, institutional broking, asset management, investment banking, private equity, commodity broking, currency broking, principal strategies & home finance.
Presently the company has more than 1700 business locations with over 7.5 lakh registered customers. Motilal oswal’ solid research based advice is the reason of such a strong customer base. They spend Around 10% revenue on research and on hiring & training for research.
I do my own research before buying any stocks, so their research calls are not helpful to me.
Account Charges
- Demat Account Opening Charges – Rs 0
- Trading Account Opening Charges -Rs 0
- Annual Maintenance Charges – Rs 400.
Motilal Oswal Brokerage Charges
| Transaction Form | Brokerage |
| Equity Intraday | 0.05% |
| Equity Delivery | 0.5% |
| Equity Futures | 0.05% |
| Equity Options | 75/ lot |
Motilal Oswal Trading Platforms
- Desktop Trading Platform – A desktop based platform which needs to installed in the system, provides to access over 30,000 research reports across all asset classes.
- Web Trading Platform – Accounts can be accessed very easily with any system through web
- Mobile Trading Platform – A mobile platform which allow to trade through mobiles and tablets.
Benefits of Motilal Oswal
- Award winning research advise covers around 95% of market capitalisation.
- Provides free brokerage for the first month.
#8. Ventura Securities Review
Ventura is a full service broking company which provides service to clients to invest in equity, equity derivatives, commodities, mutual funds, fixed income products and currency futures.
I am Ventura customer for a long time. Their web based online trading platform is not as matured as Angel & Sharekhan but they provide good support over phone. Their windows based trading platform is also good. You will need a little trading before starting your trading on their platform.
Account Charges
- Trading Account Opening Charges – Rs 150
- Demat Account Opening Charges – Rs 300
- First Year Annual Maintenance Charges – Nil
- Demat Account Annual Maintenance Charges – Rs 400
- Trading Account Annual Maintenance Charges- Nil
Ventura Brokerage
Ventura charge different brokerage rate depends upon the plan that you will choose. You have to pay the plan amount at the account opening time. Your brokerage will be adjusted against deposit throughout the year.
| Plan | Refundable amount | Validity | Equity Delivery | Equity Intraday | Equity Futures | Equity Options |
| Rs 1,000 | Rs 1,000 | 1 year | 0.45% | 0.05% | 0.05% | Rs 50 per lot |
| Rs 2,000 | Rs 2,000 | 1 year | 0.35% | 0.04% | 0.04% | Rs 50 per lot |
| Rs 3,500 | Rs 3,500 | 1 year | 0.20% | 0.03% | 0.03% | Rs 50 per lot |
| Rs 5,000 | Rs 5,000 | 1 year | 0.17% | 0.025% | 0.025% | Rs 35 per lot |
| Rs 7,500 | Rs 7,500 | 1 year | 0.15% | 0.02% | 0.02% | Rs 35 per lot |
| Rs 9,999 | Rs 9,999 | 1 year | 0.15% | 0.02% | 0.02% | Rs 35 per lot |
| Rs 10,000 | Rs 10,000 | 6 months | 0.15% | 0.015% | 0.015% | Rs 35 per lot |
| Rs 15,000 | Rs 15,000 | 6 months | 0.13% | 0.0125% | 0.0125% | Rs 35 per lot |
| Rs 18,000 | Rs 18,000 | 1 year | 0.15% | 0.015% | 0.015% | Rs 35 per lot |
| Rs 25,000 | Rs 25,000 | 1 year | 0.13% | 0.0125% | 0.0125% | Rs 35 per lot |
| Rs 30,000 | Rs 30,000 | 1 year | 0.10% | 0.01% | 0.01% | Rs 35 per lot |
| Rs 40,000 | Rs 43,000 | 1 year | 0.10% | 0.01% | 0.01% | Rs 25 per lot |
| Rs 50,000 | Rs 55,000 | 1 year | 0.10% | 0.01% | 0.01% | Rs 21 per lot |
| Rs 72,000 | Rs 80,000 | 1 year | 0.10% | 0.01% | 0.01% | Rs 18 per lot |
Ventura Trading Platform
- Ventura Pointer – This is a software based trading platform which is to be installed in the system. Ventura pointer has the features like customizes watch marker window, detail scrip and allow study, analyze & trade from chart window.
- Web Based Trading – et.ventura1.com is a web based trading platform but it lacks a lot of features.
- Ventura Wealth – Ventura wealth is a mobile app based trading platform. This app is free if you register under plan Rs 9,999. This provides real time trading and live market updates.
Advantages of Ventura Security
- Offers a wide range of financial products to invest which includes equity, equity derivatives, commodities, mutual funds, fixed income products and currency futures.
- First year AMC is free.
- The mobile app make trading more user friendly.
Disadvantages of Ventura Security
- You have to deposit a fixed yearly fee based on your plan along with the brokerage. The amount is refundable only if you generates similar amount of brokerage for Ventura in a year.
You may also like to read – Best credit card in India 2019
Best Bank For Demat Account in India ( 3-in-1 account )
#9. ICICI Direct Demat and Trading Account Review
ICICI direct is one the largest share brokerage company having more than 20 lakh customers. ICICI Direct provides a wide range of services and investment options which includes
- Investment in equities, derivatives, mutual funds, SIP, IPO, NCD & bonds, ETF and currency.
- Wealth products.
- Home loans & loan against securities.
Who Should Apply
- If your trading volume is low then ICICI Direct account is best for you.
- If you have ICICI saving account and want to invest in IPO and Mutual Funds.
- You will get 3-in-1 account Saving+Trading+Demat
- It’s easy to transfer in and transfer out money.
ICICI offers 3 types of brokerage plans
1) I- Saver plan
A variable percentage of brokerage is charged on basis of quarterly turnover. Higher the turnover, lesser will be the brokerage.
Turnover per quarter, Delivery Rate, Intraday Rate
Above Rs 5 crore, 0.25%, 0.125%
Rs 2 cr to 5 cr, 0.30%, 0.150%
Rs 1 cr to 2 cr, 0.35%, 0.175%
Rs 50 lakh to 1 cr, 0.45, 0.225%
Rs 25 lakh to 50 L, 0.55%, 0.275%
Less than Rs 25 L, 0.75%, 0.375
2) I- Secure Plan
A fixed percentage of brokerage is charged on turnover. There is no turnover based slab rates like I- saver plan.
Turnover per quarter, Delivery Rate, Intraday Rate
Irrespective of turnover, 0.55%, 0.275%
3) Prepaid Brokerage Plan
You have to pay prepaid brokerage under this plan. The brokerage rate is lesser as compare to the other two plan. But your money will be locked & not beneficial for seasonal traders or investors to lock their money.
| Prepaid Card Value | Delivery Brokerage Rate | Intraday Brokerage Rate |
| 10,000 | 0.45% | 0.045% |
| 25,000 | 0.35% | 0.035% |
| 50,000 | 0.30% | 0.030% |
| 75,000 | 0.25% | 0.025% |
| 1,00,000 | 0.20% | 0.020% |
| 2,00,000 | 0.15% | 0.015% |
| 3,00,000 | 0.12% | 0.012% |
Account Charges
- Account Opening Charges -Rs 975
- Annual Maintenance Charges – Rs 700
ICICIDirect Trading Platforms
- Share Trading Account – A web based platform with which you can do all the trading and investing activities. This is not purpose full if you want to do technical analysis for trading.
- Trade Racer – Trading platform suits for technical analysis as well. This provides features like live streaming quotes & research cells and integrated fund transfer system.
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#10. Kotak Securities Demat account Review
Kotak securities demat account offers a single account to hold certificates of your financial instruments like shares, bonds, government securities, mutual funds, and exchange-traded funds (ETFs).
Kotak securities provide a single platform for investments in equities, mutual funds, and currency derivatives. It also offers margin against securities using shares in your demat account. Available margin can be used for any of the three segments.
If you are looking for the broker advice then Kotak broker also provide daily alerts, economic reports and customizable Research Reports to its clients.
Kotak Securities Demat Account Fee & Charges
- Trading Account Opening Chrages – Rs 750
- Demat Account opening Charges – Nil
- Trading Account AMC – Nil
- Demat Account AMC – Rs 600
Other Charges
Kotak Securities Trading Platforms
Kotak Securities offers 4 trading platforms to suit investor’s requirement. These are
- Website Based Trading – A stock trading website which can be accessed through any Web Browser. Kotak also offers a lightweight trading website ‘Xtralite’, which can be used by investors with slow speed internet.
- Trading Terminals (KEATProX and FASTLANE) – Kotak offers two different trading terminal based application. KEATProX is an exe based installable desktop application providing fastest trading experience. FASTLANE is a Java applet based application which gives you a trading terminal kind of experience without any installation on your computer.
- Mobile Stock Trading – Through Kotak mobile stock trading app you can Execute Trades, Monitor Portfolio, View Streaming Quotes and Intraday Charts.
- Branch Advisory and Call & Trade – Kotak also offers trading facility through its 1400+ branches and though call centers using call & trade facility.
You would like to read about my favorite Demat accounts – 5paisa review, Zerodha Review and Upstox review
Kotak Securities Advantages
- Kotak Securities website provides a wide range of investment options. This includes investment in equity, IPO’s, Bonds, FD’s, ETF’s, Mutual Funds, Currency Derivatives etc.
- It provides daily SMS alerts, market pointers, periodical research reports, stock recommendations to help the customers.
- Online Chat facility is available to support the customer.
Kotak Securities Disadvantages
- Kotak Securities is a Full Services Broker. The brokerage charged by them is higher than the Discount Brokers.
#11. SBICap Securities Review
SBICap offers investment banking services which includes
- Capital Markets (including Public Issues, Rights Issues & Private Placement of Debt and Equity)
- Broking Services
- Financial Engineering
- Resource Mobilisation through Capital Markets
Account Charges
- Account Opening Charges -Rs 850
- Account Annual Maintenance Charges – Rs 800
SBICap Brokerage Charges
| Transaction Form | Brokerage (higher of) |
| Equity Intraday | 0.05% or 5 paisa per share |
| Delivery | 0.50% or 5 paisa per share |
| Futures | 0.05% or 5 paisa per share |
| Options | Rs 100/ lot |
SBICap Trading Platforms
- SBI Desktop Trading Software – This is a software called [email protected] which is provided to all the clients trading with them. This software has to instal in the computer.
- SBI Smart Trading Mobile App – This mobile app mobile allows SBI customers to trade in equities and derivatives through their mobile phones.
#12. HDFC Security Review
HDFC security limited is a subsidiary of India’s largest private bank HDFC. HDFC securities provides 3-in-1 account which integrate your saving account, trading account and demat account.
Account Charges
- Account Opening Charges -Rs 0
- Account Annual Maintenance Charges – Rs 750 ( free for first year)
Transaction Form, Brokerage (Rs 25 or 2.5% on transaction whichever is lower)
Equity deliver, 0.50% on both( buy & sell)
Square-Off Trades Cash & Carry Scrips, 0.10% on both( buy & sell)
Square-Off Trades Margin Scrips, 0.05% on both( buy & sell)
Futures Non-Square Off, 0.05% on both( buy & sell)
Futures Square Off, 0.025% on both( buy & sell)
Options Higher, of 1% on premium or Rs 100 per lot
HDFC Trading Platform
- Web Based Trading – This is a web based trading platform called “ Securities trading and Securities processing”. This is one the best e-brokerage platform. It provides the real time market data and trading options.
- HDFC Securities Mobile Trading – HDFC mobile platform allow to trade in equities and derivatives through their mobile phones.
Benefits
- Due to integrated accounts, funds can easily transfer from one account to another. Only helpful for HDFC saving account customers.
Drawbacks
- High brokerage rate as compared to discount brokers.
- HDFC security doesn’t offer service in the commodity market.
- If you are new customer to HDFC, then firstly you have to open the saving account.
Which account are you going to open and why?
I tried to collect all the required information in a single article. Kindly let me know in the comments which account you are opening.
For the best experience in trading, the first preference should be Upstox.
and the second choice should be Zerodha.
Don’t spend much time on deciding about the demat accounts, rather spend more time on learning how can you make money from share market and trading.
Avoid the common mistakes that I also did in the past and lost my money.
You must read how to start investing in the Indian stock market even if you have only Rs. 10,000 to start with.
Hello
Which service provider has best mobile trading account — means best and easiest user friendly in operation.
Please update
Upstox has a quite impressive app for trading named as Upstox Pro.
I already have an 3-in-1 account with ICICI. How to migrate to Zerodha? Will the existing demat account work with Zerodha as well?
If you link your icici demat account with Zerodha, you can do intraday trading but for all the delivery based Shares, you have to sell through your default demat account provider and their brokerage charges will be applicable.
How can we change PIS from one broker to other being an NRI?I want to change from yes securities to hopefully a better one after deciding from your article
Arjun,
You have to close your previous PIS and only then you can open with new broker.
For Demat Trading I’ve preferred to go for Motilal Oswal and its working quite very well. Should I continue with the same…
Priyanka, If you don’t find Motilal Oswal costly, you can continue.
Hello Pradeep,
I am new to stock market and learning now through youtube videos. I want to open with either upstok or zerodha. Which one is easier to open. This is a very good blog for beginners, all info is packed in one place.
Regards
Vinender
Both are good Vinender. You can opt for any of them.
I want to open a demat account with IPO purchase facility and hold share for long time with minimum investment of rs. 10000. Kindly suggest which demat account suits me.
You can use any from the list like Zerodha, upstox to use for IPO facility.
I am new investor and don’t know much about share market. I am looking for demat account with minimum AMC and transaction charges as I am not sure how much I would be investing. Please suggest a suitable account.
Also let me know the minimum amount required to start trading.
Manjinder, You can use any amount to start with. there’s no minimum amount fixed.
I’m using axis direct however I feel it’s much cost hence how can I transfer my hold shares to any new opening account of upstox or Zeroda
To transfer shares from another DEMAT account to Zerodha DEMAT account, you need to fill up the ‘Delivery Instruction slip’ (DIS) the other broker provides & submit it to them along with a CMR copy provided by Zerodha.
For more details you can check this link – https://support.zerodha.com/category/your-zerodha-account/transfer-of-shares-and-conversion-of-shares/articles/how-do-i-transfer-shares-from-another-demat-account-to-my-zerodha-demat
which ac best for me
i want open for my wife and only for investment not for trading
Pawan, I have curate the list of best demat accounts. You can go for anyone like Upstox, 5paisa or angelbroking.
I am new investor and don’t know much about share market. I am looking for demat account with minimum AMC and transaction charges as I am not sure how much I would be investing. Please suggest a suitable account.
Hey deepak, you can go for upstox or zerodha as they have Rs. 0 charges on delivery.
Upstox has better infrastructure as compared to zerodha from my point of view.
Hi pradeep i open account with ipo as well as intraday facility with minimum charges so please tell me which is secure and better.
Hey Sanjay, you can go any from the list like Upstox or Angel Broking.
Hi Pradeep
I am new and I am looking sip investment and I have salary account in hdfc…is it better to go for HDFC securities
Yes Mahesh.. you can go with anyone you like.
Hi Pradeep, presently I have demat acc with Karvy due to the present issue though of shifting to other demat broker. Is it possible now to do and also suggest me to which broker would be better.
Anil, I have curated the best ones. You can go with any from the list.