Sharekhan Demat Account Charges, Review, Opening


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Incorporated in 2005, Sharekhan is among the top share brokers in India offering trading and investment services to retail and corporate customers. Sharekhan offers online trading as well as offline services through its branches located across India.

Sharekhan offers 2-in-1 account which includes a trading account and a demat account. Sharekhan offers prepaid and postpaid trading brokerage plans for wide range of investors and traders.

Sharekhan Demat Account Key Features:

  • Online account management
  • Online transfer of securities
  • Ability to manager account by visiting local branches
  • Seamless transaction between trading and demat account
  • Auto deposit of dividends in linked bank account
  • Ability to link 5 demat account to trading account

Sharekhan Demat Account Opening Charges

To open a new demat account with Sharekhan, 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 (Free)
Demat Account Annual Charges (AMC)₹400 (Free for 1st year)

Sharekhan Demat Account Charges

Sharekhan Depository Service Charges for Resident Retail Customers

SrServices (CDSL)Scheme A (AMC 400)Scheme B (AMC 500)
1 Account Opening Charges Nil Nil
2 Annual Maintenance Charges (AMC) ₹400 p.a. ₹500 p.a.
3 Sales - Through Sharekhan Nil Nil
4 Purchases Nil Nil
5 Brokerage Minimum Brokerage of ₹16/ Per scrip settlement delivery (sell) Minimum Brokerage of ₹16/ Per scrip settlement delivery (sell)
6 Sales - Not through Sharekhan/ Offmarket transfer/IDT 0.03% of the value of transact on (Min.Rs.30) 0.03% of the value of transact on (Min.Rs.30)
7 Dematerialization Charges ₹5 per certificate ₹5 per certificate
8 Rematerialisation Charges ₹50 per certificate or ₹50 for every hundred securities ₹50 per certificate or ₹50 for every hundred securities
9 Custody Charges Nil Nil
10 Pledge Creation 0.03% of the value of the transaction (Min ₹100) 0.03% of the value of the transaction (Min ₹100)
11 Freeze/De-freeze ₹25 ₹25
12 Additional Statement of Holding/Transaction ₹10 ₹10
Sharekhan Special Offer

Free Trading & Demat Account (for limited time only)

Get FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

Frequently Asked Questions

  1. 1. What is Sharekhan demat account?

    Sharekhan offers a 2-in-1 account combining a trading account and a demat account. The Sharekhan demat account allows customers to hold securities (shares, mutual funds) in electronic format for secure and easy online transactions.

    Sharekhan is a depository participant (DP) with both depositories CDSL and NSDL. The membership allows it to offer a demat account opening and its servicing.

    Key Features of Sharekhan Demat Account are:

    • Online access to your demat account.
    • Automatic credit/debit of securities.
    • Automatic deposit of dividends, bonus etc., in the linked bank account.
    • Facility to link 5 demat accounts to the trading account.
    • Hold stocks, mutual funds, IPO shares and bonds etc.
    • Alerts on every debit/credit transaction

     

  2. 2. How to open demat account with Sharekhan?

    You could open a Sharekhan account in 2 ways:

    1. Request a Call Back

      Click here to fill a callback request form. You will receive a call from Sharekhan in few minutes. The customer representative will answer all your questions and help you with account opening.

    2. Visit Local Branch Office

      Sharekhan has local branch offices and franchises in many cities across India. To open account in-person, follow the below step:

      • Go to https://stockbroker-branch.sharekhan.com/
      • Enter state, city and locality
      • Click on the Sharekhan icon nearest to your location and get details on branch office/sub-broker
      • Call them and express interest to open an account
      • A representative will visit you in-person to complete the process.

     

  3. 3. Is Sharekhan a depository participant?

    Yes, Sharekhan is an authorized depository participant (DP). Sharekhan offers a 2-in-1 account which includes demat and a trading account. The demat account allows you to hold securities (Shares, Mutual Funds, ETF, Bonds etc.) in electronic format for secure online transactions.

    Sharekhan is a member of both NSDL and CDSL depositories. Sharekhan offers a demat account and its related services through its membership with NSDL and CDSL.

    The Sharekhan DP IDs are:

    • NSDL DP ID: IN300513
    • CDSL ID: 12036000

     

  4. 4. How is Sharekhan Demat Account?

    Sharekhan demat account is good. It is among the leading full-service stock brokers in India for over 20 years. It has a nation-wide presence through a network of branches and franchise offices. It offers personalized services through RM, research and recommendations.

    Sharekhan is an authorized stock broker offering a range of investment and trading services to the investor. Sharekhan is also a depository participant (DP) with NSDL and CDSL, the two national depositaries.

    Sharekhan offers a 2-in-1 account which includes a trading and a demat account opened and linked together for seamless transactions. This account allows you to trade at BSE, NSE and MCX exchanges in Equity, Commodity and Currency. It also allows you to invest in Mutual Funds, Bonds and ETFs etc.

    Sharekhan offers demat and trading account services online as well as offline. You could manage your accounts online through the Sharekhan website or its mobile trading app.

     

  5. 5. What is Sharekhan DP?

    Sharekhan is a depository participant (DP) with both depositories NSDL and CDSL. The customer chooses the depository at the time of account opening. While both are pretty same, the NSDL changes are higher than CDSL.

    Sharekhan DP Ids

    • NSDL DP ID: IN300513
    • CDSL ID: 12036000

     

  6. 6. How to use Sharekhan demat account?

    Sharekhan is a leading full-service stock broker offering investment in Stock Markets and Mutual Funds. Sharekhan offers its services online as well as offline through branch offices.

    Once you've opened a Sharekhan demat account, you can use it to invest, trade and hold all the shares, mutual funds, IPO shares and bonds etc.

    • Trading: Your Sharekhan account can be used to trade at BSE, NSE and MCX. You could trade online using the Sharekhan website or mobile app. You could also visit the Sharekhan branch or call them to place orders.
    • Mutual Funds: You could buy regular or direct mutual funds using your Sharekhan account.
    • IPOs: You could also use the Sharekhan account to apply for an IPO.

    Note that you are required to link your Sharekhan demat account with a bank account. All the gains from the securities held in the account like bonuses, dividends etc., will be automatically credited to your bank account.

    Sharekhan will send SMS/email for every credit/debit transaction in your demat account.

     

  7. 7. Sharekhan is NSDL or CDSL?

    Sharekhan is a depository participant (DP) of both NSDL and CDSL depositories. This dual membership allows Sharekhan customers to choose from any one of them while opening the account.

    Sharekhan DP Ids

    • NSDL DP ID: IN300513
    • CDSL ID: 12036000

    For the customer, an account with NSDL or CDSL doesn't make much difference. NSDL and CDSL are the only two governments authorized depositories in India. NSDL is promoted by NSE, IDBI and UTI. CDSL is promoted by BSE, Standard Chartered Bank, HDFC Bank and Canara Bank.

     

Contact Sharekhan / Request Call Back

Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.

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Information on this page was last updated on Wednesday, January 29, 2020


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