13.87% 41,196 Clients
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
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.
Service | Charges |
---|---|
Demat Account Opening Fee | Nil |
Demat Account Annual Charges (AMC) | Nil |
For Resident Retail Customers and Corporates | |
---|---|
Particulars | Charges |
Account Opening | Rs 200 |
Annual Maintenance Charges - Paper Statement | Rs 286 per anum |
Annual Maintenance Charges - Email Statement | Nil |
Buy - Market and Off-Market | Nil |
Sell - Market and Off-Market - Internet Trading | Rs 15 |
Sell - Market and Off-Market - Call Center | Rs 12 |
Rejection / fails | Nil |
Extra charges for processing of TIFDs submitted late (% of transaction value) Instruction submitted through Internet (E-inst / IVR) |
Nil |
Instruction submitted through Call Centre | Nil |
Instruction submitted at Branches (accepted at Client's risk) | Nil |
Dematerialisation for each request form | Nil |
Dematerialisation for each extra certificate | Rs 3 |
Rematerialisation | Rs 15 per 100 securities or part thereof or Rs 15 per certificate. |
Reconversion of MF units | N/A |
Closure of Account | Nil |
Pledge Creation / Closure / Confirmation/ Invocation | Rs 35 |
Additional Account Statements | Nil |
NSDL/CDSL Annual Maintenance Fee for Corporate Account | Rs 1000 |
NSDL/CDSL Sell - Market and Off-Market | Rs 5.50 per debit instruction |
AMC are waived off for the 1st year
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.
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.
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Information on this page was last updated on Wednesday, July 8, 2020
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