Indiabulls Demat Account Charges, Review, Opening


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Indiabulls Ventures, a stockbroking arm of Indiabulls group, also offers Demat Account services to its customers. The Indiabulls Demat Account is to hold other securities like stocks Mutual Funds, IPO Shares, and Bonds in electronic format.

Indiabulls is a depository participant with the NSDL and CDSL. The integrated demat and trading account offers a seamless online trading experience to the customers. The Demat Account is mandatory for all Indiabulls online trading customers. Indiabulls customer can manage the demat account online using its trading platform.

Key Facts about Indiabulls Ventures

  • Depository participant with both NSDL and CDSL.
  • Offers instant online paperless Demat Account Opening.
  • All demat account related services are offered online.
  • Over 7 lakh customers with 20+ years of experience.
  • Offers branch service through its network in 20+ cities.

Indiabulls Demat Account

Indiabulls Ventures is  Depository Participant of both central depositories , NSDL and CDSL. The central depositories manage the Demat accounts. Indiabulls plays the role of an intermediary between the customers and the broker. Customers pay a fee to both Indiabulls and the depository for using the Demat account.

Indiabulls Securities DP Membership Info:

  • Indiabulls NSDL DP ID: IN-302236
  • Indiabulls CDSL DP ID: 12029900

10 Reasons to open Demat Account with Indiabulls

  1. Offers  Instant Account Opening  in 15 Minutes
  2. Branch Servicing in 20+ Cities to solve Demat issues
  3. DP with both NSDL and CDSL
  4. Online account management
  5. Nil AMC charges for Basic Services Demat Account (BSDA) with the holdings value up to ₹50,000.
  6. Hold Shares, Bonds, MFs, etc.
  7. Invest in IPO online
  8. Dedicated Relationship Manager for personalized services
  9. Facility to freeze the Demat account
  10. Dividend, Bonus, etc., from securities, are directly credited to the linked bank account

Indiabulls Demat Account Opening Charges

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

ServiceCharges
Demat Account Opening Fee₹0
Demat Account Annual Charges (AMC)₹450

Indiabulls Demat Charges (Resident Retail Customers)

Sr Account with POA Charges (CDSL)
1 Stamp Paper Charges Nil
2 AMC Charges for Basic Services Demat Account (BSDA) Holdings up to ₹50,000 - Nil
Holdings between ₹50,001 to ₹2,00,000 - ₹100
3 AMC Charges (inclusive of Service Tax) ₹450
4 Custody Charges Nil
5 Transaction Charges (Buy) Nil
6 Transaction Charges (Sell) ₹10 per Transaction or .02% of the transaction value (whichever is higher)
7 Off-Market Transactions ₹15 or .02% of the transaction value (whichever is higher)
8 Failed Instruction Nil
9 Pledge Creation/ Confirmation/ Closure/ Invocation ₹25 or .02% of the transaction value (whichever is higher)
10 DEMAT/Conversion ₹1 per certificate (max ₹250) + ₹25 courier charges
11 DEMAT/Conversion Rejections ₹20 per rejection + ₹25 courier
12 REMAT / Redemption/Restart - SOA ₹15 for every 100 Securities Or A flat fee of ₹15 per certificate, whichever is higher.
13 Delivery Instruction Book Nil
Indiabulls Special Offer

Limited Time Offer - FREE Unlimited Trading for 1st Month (₹1000 waived)

Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order.

Get this limited time offer

Contact Indiabulls / Request Call Back

FREE Unlimited Trading for 1st Month (₹1000 waived) Get the offer

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Information on this page was last updated on Monday, December 16, 2019


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