Loading...

Finvasia Demat Account Charges, Review, Opening


16.42% 28,283 Clients

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.

Finvasia is an India based financial service provider. Finvasia offers services like Retail Trading, Asset Management for HNI Clients, Prod Trading, Algo Trading, capital market advisory, currency hedging and depository.

Finvasia is depository participant with CDSL (Central Depository Services India Limited). The company provides demat account related services through CDSL.

The demat account opening is free with Finvasia. The demat services are offered online. Customers can view holdings, transact shares in the depository and other related activities online.

The demat account is part of the 2-in-1 account offered by Finvasia. This includes demat and a trading account. This combination gives seamless connectivity between these two accounts which is critical for the operation of the online trading account.

Note that demat account is optional for Finvasia customers. It is highly recommended to open a demat account if you are planning to trade in equity delivery segment. Finvasia customers have to sign a power of attorney to provide limited authority to the broker to withdraw shares when you sell them through the linked trading account.

Finvasia CDSL Membership Info

  • Finvasia Depository Participant SEBI Registration Number: IN-DP-317-2017
  • Finvasia DP ID with CDSL: 12084300

7 Reasons to open a Demat Account with Finvasia

  1. Demat Account Opening is free. No account opening charges.
  2. Annual Maintenance Charges or Demat AMC is free.
  3. Instant paperless account opening process.
  4. Demat account can be managed easily online.
  5. Depository participant of CSDL which is cheaper than NSDL.
  6. You could apply in IPO's online. IPO Research is provided by the company.
  7. View demat holdings in scalper, the online trading platform of Finvasia.

Finvasia Demat Account Opening Charges

To open a new Demat account with Finvasia, 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 FeeRs 0 (Free)
Demat Account Annual Charges (AMC)Rs 0 per year (Lifetime Zero AMC)

Finvasia Demat Charges

Finvasia trading and demat account opening charges are Rs 0 (Free). Finvasia charges Rs 0 per year (Lifetime Zero AMC) per year demat account AMC. Finvasia demat debit transaction charge of Rs

₹9 (including CDSL Fee)

per debit transaction.

ID Transaction Charges
1 Demat Account Opening Charges Rs 0 (Free)
2 Transaction Charges (Buy)
3 Transaction Charges (Sell)

₹9 (including CDSL Fee)

4 Annual Maintenance Charges (AMC)

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

5 Demat + Courier charges

₹15 + ₹99 Courier charges

6 Remat

₹15 + ₹99 Courier charges

7 Pledge Creation

₹25 + NSDL Charges

8 Pledge Creation Confirmation
9 Pledge Invocation

₹25 + NSDL Charges

10 Failed Transactions

₹49 per transaction

11 Other Charges
  • Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
  • Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
  • Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
  • Check Bounce - ₹299
  • Failed Transaction - ₹49 per transcaction
  • Modification in Client Information - ₹19 per request
  • Demat Closure Account - Nil
  • Delay Payment Charges - 2% per month on T+2 days

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

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 Wednesday, January 11, 2023

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.


Comments

Add a public comment...