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5paisa Demat Account Charges, Review, Opening

3.07% 897,128 Clients

5paisa.com is Mumbai based discount stock broker offering trading, investment and advisory services to retail customers in India.

5paisa started offering its low-cost financial services in April 2016. Along with the stock and currency trading at BSE/NSE, 5paisa also provide online Mutual Funds and online Insurance distribution.

5paisa is a flat fee broker. They charge brokerage at fixed Rs 20 per executed order across the segments. Irrespective to the size of the trade, customer pays only Rs 20 brokerage. This is up to 95% less brokerage in comparison of traditional brokers.

In 1^st year of is launch, 5paisa acquired over 7500 retail customers, which is very impressive in competitive discount brokerage space. 5paisa offers online paperless account opening which enables customer with Aadhaar card to open account and start trading online in just few hours.

5paisa depository services (or 5paisa demat account) is one of the key services offered by 5paisa. The 2-in-1 account offered by 5paisa includes a trading and a demat account.

Demat account holds shares, mutual funds, bonds etc. electronically, in a very similar manner where bank account holds money. The demat account allows customers to buy or sell the shares electronically without any paperwork.

5paisa is registered as a Depository Participant with Central Depository Services Limited (CDSL).

5paisa DP ID (CDSL): 12082500
DP Name: 5paisa Capital ltd
CDSL Member Since: January 2016

5paisa Demat Account Schemes

5paisa offers 2 demat account schemes:

Regular (Non BSDA) Account
BSDA Account The BSDA Account has Rs 0 AMC if the value of holding in Demat Account is up to Rs 50,000. The AMC is charged at Rs 100 for holding between Rs 50,000 to Rs 2,00,000

5paisa Broker Demat Account Key Features:

Well integrated with its trading applications.
Hold Mutual Funds in the same demat account.
Easy online and offline transfer of shares.
Option to freeze the demat account for certain time, if required, to avoid misuse.
Demat account can be access via mobile trading app, website ad desktop trading app.
Direct deposit of dividends in linked bank account.
Bonus issues, right shares, or stock split are automatically updated in the Demat Account.
Facility to convert physical share certificate to demat.

5paisa DP Account - Additional Charges:

AMC of Rs 540 (Free with Subscription Plan) (charged @ Rs 45 per month when you trade).
Debit transaction charge of 0.025% (minimum Rs 25 per Debit transaction).
Rs 50 for pledge creation and pledge closure.
Document handling charge of Rs 100 at the time of account opening.
Demat transaction performed through calls are charged at Rs 50 per transaction.
Customer has to maintain a minimum balance of Rs 450 in his ledger account.

5Paisa Account Maintenance Charges

Holding value of Security as on Last Day of the Month	Basic Pack	Power Investor Pack	UltraTrader Pack
Up to Rs. 50,000	Rs 0	Rs 0	Rs 0
Rs. 50,000 to Rs. 2,00,000	Rs 8	Rs 8	Rs 8
Above Rs. 2,00,000	Rs 25	Rs 25	Rs 25

5paisa DP Charges

DP transaction charges are applied at the time of selling delivery shares from your DEMAT account. 5paisa DP Charges levied are comparatively low.

Nature of Transaction	DP Charges
Transfer of shares from your demat a/c or Unpaid Securities a/c or Margin a/c or Margin Funding a/c upon selling of shares	Flat Rs 12.5
Transfer of shares from your demat a/c to any other demat a/c as requested	Flat Rs 12.5

All the above charges are not applicable for the customers who have taken premium subscriptions (value-add packs).

5Paisa Pledge and Unpledge charges

Transaction	Charges
Pledge for Funding	Rs. 25 per scrip
Pledge for Margin	Rs. 12.5 per scrip
Unpledge	Rs. 12.5 per scrip
Unpledge and Sell	Rs. 12.5 + Rs. 12.5 (Rs. 25 per scrip)

5paisa Demat Account Opening Charges

To open a new Demat account with 5paisa, the customer may have to pay Demat account opening charges. The broker may also charges Annual Maintenance Charges (AMC), a yearly fee to maintain the Demat account.

Service	Charges
Demat Account Opening Fee	Rs 0 (Free)
Demat Account Annual Charges (AMC)	Rs 540

Special Offer: FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.