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Bonanza Demat Account Charges, Review, Opening


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Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Established in 1994, Bonanza Portfolio Ltd is a financial services provider in India. It has a membership with NSE, BSE, MCX and NCDEX to offer trading and investment services. It enables customers to invest in Equity, Derivatives, Commodity and Currency segments. The customers can also invest in mutual funds and IPOs. Bonanza offers both online and offline account opening facility to the customers. The broker offers two types of accounts including trading and Demat account.

Bonanza offers advanced trading software including ODIN Diet trading terminal, mobile app and browser-based trading platform. The broker also has a team of experts providing research reports and advisory services to the customers.

Demat account is one of the key Bonanza offerings from 2-in-1 account opening services. Bonanza offers depository participant services with both CDSL (Central Depository Services Ltd) and NSDL (National Securities Depository Ltd). Customers can choose any depository and start investing through a trading account.

Bonanza doesn't charge any fee for Demat account opening. But, customers have to pay Rs 250 as Annual Maintenance Charges (AMC) per annum.

Key Features of Demat Account

  • Hold the securities in dematerialized forms
  • Auto debit/ credit of securities
  • Easy transfer of securities
  • Reduces paperwork and transaction cost
  • Hold both the equity and debt instruments
  • No risk of theft, mutilation and loss of securities
  • Can purchase and sell shares in electronic form

Bonanza Demat Account Opening Charges

To open a new Demat account with Bonanza, 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.

ServiceCharges
Demat Account Opening FeeNil
Demat Account Annual Charges (AMC)Nil

Bonanza Demat Charges

Bonanza trading and demat account opening charges are Rs 200. Bonanza charges Nil demat account AMC. Bonanza demat debit transaction charge of Rs 12 per debit transaction.

ID Transaction Charges
1 Demat Account Opening Charges

Rs 400

2 Annual Maintenance Charges (AMC)
  • Individual Account: Rs 250 p.a.
  • Corporate Account: Rs 1000 p.a.

Lifetime DP charges (including AMC & A/C opening): Rs 999 one time

3 Transaction Charges (Buy) [.]
4 Transaction Charges (Sell)

Rs 12

5 Demat + Courier charges
  • Normal Scheme: Rs 3 per certificate plus courier charges extra
  • 999 scheme: Rs 25 per certificate plus courier charges extra
6 Remat

Rs 15 per 100 securities or part therof or Rs 15 per certificate whichever is higher

7 Pledge Creation

100 or 0.01% whichever is higher

8 Pledge Creation Confirmation

Nil

9 Pledge Invocation

Nil

10 Failed Transactions

Nil

11 Other Chareges
  • Late Transaction: Rs 10 per transaction in all schcmes except 999. Rs 25 per transaction in 999
  • Dishonoured cheque: Rs 100 per Instance. In 999 scheme Rs 200 per instance.
  • Additional statment of a/c Rs 25 & Rs 50 qtr.& ann. respectively.
  • Extra DIS book: Rs 35 Rs 50 for 999 scheme.
  • Lost DIS book: Rs 70 Rs 100 for 999 scheme.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Frequently Asked Questions

  1. 1. Does Bonanza offer demat account?

    Yes, Bonanza offers Demat account services with both CDSL and NSDL. Customers can open a free Demat account with the broker. The Annual Maintenance Charges (AMC) for Demat account is Rs 250.

     

  2. 2. How much bonanza charges for Demat account opening?

    Bonanza doesn't charge any fee for Demat account opening. You have to pay an annual maintenance charge of Rs 250 for account handling to the broker. Bonanza allows Demat accounts with both NSDL and CDSL.

     

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Information on this page was last updated on Tuesday, August 24, 2021

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


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