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IDBI Capital Demat Account Charges, Review, Opening

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IDBI Capital is a Mumbai based stockbroking company. Incorporated in 1993, It has been in the stock brokerage and financial services business for more than 25 years. It offers stock and derivatives trading services at BSE and NSE. Besides it also offers Mutual Funds and Fixed Income products to its customers. The company offers its trading and other financial services through online, offline and call & trade facility.

Depository Services is a key offering by IDBI Capital. IDBI Capital is a depository participant with both national depositories-NSDL and CDSL. Through its membership, the company offers Demat Account opening and other depository related services to its customers. The Demat accounts are opened with NSDL or CDSL and IDBI only plays an intermediary role. Traders are charged per transaction by the depository and the brokerage company for various demat services.

IDBI Capital Demat Account

IDBI Capital is the depository participant (DP) of NSDL and CDSL, two national depositories in India. The company offers a 3-in-1 account (trading, demat and savings account) to its customers. All the accounts are linked together to facilitate easier and faster transactions.

IDBI Capital Securities DP Membership Info:

  • IDBI Capital NSDL DP ID -IN300079
  • IDBI Capital CDSL DP ID: 12084000

10 Reasons to Open Demat Account with IDBI Capital

  1. 3-in-1 account with Trading, Demat and Savings account linked together.
  2. Direct deposits of stock dividends, bonus, interest etc., into your linked bank account.
  3. Online access to your demat account.
  4. Single account to hold Equity, MFs, and IPOs etc.
  5. Online trading is available at BSE, NSE, and MCX.
  6. Access to research-based calls and reports.
  7. Facility to freeze the demat account.
  8. Fast settlement cycles.
  9. Regular updates on account status
  10. Get demat services from 19 branches across India.

IDBI Capital Demat Account Opening Charges

To open a new Demat account with IDBI Capital, 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.

Demat Account Opening FeeNIL
Demat Account Annual Charges (AMC)Rs 450

IDBI Capital Depository Service Charges for Resident Retail Customers

Sr Particular Charges
1 Demat Flat Rs 5 per certificates
2 Demat Mail Rs 40 per transaction
3 Remat 20 per certificates
4 Market Sell 0.04% of the value of the scrip (Min Rs 30)
5 Off-market Sell Nil
6 Pledge Creation 0.02% of the value of the scrip (Min Rs 25)
7 Pledge Closure 0.02% of the value of the scrip (Min Rs 25)
8 Pledge Invocation 0.15% of the value of the scrip (Min Rs 25)
9 A/c Freezing / Defreezing Rs 100
10 Inter Depository Sell 0.04% of the value of the scrip (Min Rs 30)
11 AMC (IDBI-SB Customers) Rs 350
12 AMC (NON IDBI-SB Customers) Rs 2500
13 Service Tax Rs 0.103
14 Statement dispatch (On request) for NRIs Rs 900

Frequently Asked Questions

  1. 1. Who can open a demat account with IDBI Capital?

    A 3-in-1 account can be opened by a resident individual (adult or minor) as well as non-individuals like Corporates, Partnership Firms, and other registered associations.


  2. 2. What is Depository with IDBI?

    In India, NSDL and CDSL are two national depositories. The major role of the national depositories is to open and manage Demat accounts. They work like a bank managing the holdings of various securities in the Demat accounts.


  3. 3. Is it mandatory to open a demat account along with a trading account with IDBI Capital?

    IDBI Capital offers a 3-in-1 account where the trading, demat and savings account are linked to each other. This helps you in fast settlements and seamless transactions. You can link your IDBI/HDFC/Axis/ICICI Bank & also savings account maintained with the alliance banks of the company i.e. PNB, Vijaya Bank, OBC, Union Bank of India, Karur Vysya Bank & Lakshmi Vilas Bank with your trading account. However, to avail of a 3-in-1 account facility, you must hold a savings account with IDBI/HDFC/Axis/ICICI Bank.


  4. 4. Can I open a Minor Demat Account with IDBI Capital?

    Yes, IDBI Capital offers demat account facility for minors. For Minor Accounts, a legal guardian needs to be appointed.  The legal guardian will manage the account until the minor attains the age of 18 years.


  5. 5. How do I change my information in the IDBI Capital demat account?

    To change bank details or address in your trading and demat account, you need to'-

    • Visit the company's website and click on 'Service Requests' link under the Customer Services section.
    • Download the appropriate form from the list of forms available
    • Take a print out, fill in the details and attach required documents Submit the form at the nearest IDBIDirect branch. The details will be updated within 7 working days.


  6. 6. How to nominate my wife in my IDBI Capital demat account?

    To nominate your wife or any person in your demat account, you need to take the following steps-

    1. Download the Nomination Request Form'' form from the company's website. click on 'Service Requests' link under the Customer Services section.
    2. Fill nominee information (name, contact info etc.) and Sign the nomination form.

    Submit the form to the nearest IDBI Capital branch or send it to the IDBI Capital's registered office address.


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Information on this page was last updated on Tuesday, October 1, 2019


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