TradingBells Demat Account Charges, Review, Opening

TradingBells is an online discount broker and part of Swastika Investment Ltd which has a stockbroking experience of more than 25-years. The broker charges zero brokerage across all the delivery based trades and Rs 20 or 0.01%, whichever is lower for F&O and intraday trades. It has more than 26 thousand clients across India.

Demat account opening is part of a 2-in-1 account offered by TradingBells to its investors. TradingBells is a depository participant with both National Securities Depository Ltd (NSDL) and Central Depository Services India Ltd (CDSL).

Key Features of Trading Bells Demat Account:

  • Access securities such as mutual funds, shares, and NCDs online.
  • Keep securities in dematerialized form.
  • Linking between trading and Demat account provides a seamless transaction.
  • Dividend and interest are automatically credited in the Demat account.
  • Eliminate chances of physical theft and damage of physical paper of securities holding.
  • All the debit and credit transactions are completed automatically.

TradingBells Demat Account Opening Steps

Here is the process to open TradingBells Demat account:

  • Open a paperless account online by completing the application form available on their website.
  • Keep your documents, mobile number, and aadhar card handy. Your mobile number must be linked to the Aadhar Card for OTP verification.
  • Pay account opening charges of Rs 750 (lifetime) for equity and commodity segment online.
  • Complete In-Person Verification (IPV) through video chat by showing the original documents.

Documents Required to Open Demat Account:

  • 2 passport size photographs
  • Photocopy of PAN card
  • Address Proof copy
  • A cheque for the deposit of margin
  • Bank proof (one canceled cheque and last 6 month's bank account statement)

TradingBells Demat Account Opening Charges

To open a new demat account with TradingBells, 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.

Demat Account Opening Fee₹150
Demat Account Annual Charges (AMC)₹300

TradingBells Demat Account Charges

TradingBells Demat Charges

ID Transaction Charges
1 Demat Account Opening Charges ₹0
2 Stamp Charges payable upfront (at actuals) ₹150
3 Annual Maintenance Charges (AMC):
  a. Individuals ₹250 Per Year
  b. Corporates ₹750
4 Transaction Charges per ISIN (Market Trades):
  a. Buy (Receive) ₹0
  b. Sell(Debit) ₹15 flat for every debit transaction
5 Inter Depository Transfer (Off-Market Trades):
  a. Buy (Receive) NIL
  b. Sell(Debit) 0.03% or ₹25 whichever is higher
6 Demat (Per certificate) ₹2 (Min. ₹10) (Postage charges extra)
7 Remat (Per ISIN) ₹12 for every 100 securities (Min. ₹50) (CDSL or NSDL charges extra)
8 Courier charges per Demat/ Remat request ₹50
9 Pledge per ISIN ₹25 per security
10 Unpledge per ISIN ₹25 per security
11 Pledge Invocation per ISIN ₹25 per security
12 Periodic Statement:
  a. By Email Free
  b. Physical ₹100 (Couier Charges)
13 Adhoc / Non Periodic Statement Requests:
  a. By Email ₹10 per request
  b. Physical ₹50 per request (up to 10 pages). Additional page at ₹5 + ₹100 (Couier Charges)
14 Delivery Instructions:
  a. First Delivery Instruction Book Free (10 leaves)
  b. Every Additional Booklet ₹100 (10 leaves) + ₹100 (Couier Charges)
15 Cheque Bounce/ Per cheque ₹500 per bounced cheque
16 Failed Transactions ₹50 per transaction
17 Modification in CML ₹25 per request
18 KRA Upload / Download ₹50
TradingBells Special Offer

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with TradingBells, simply leave your contact information with us and TradingBells representatives will call you.

Contact TradingBells / Request Call Back

Free equity delivery trading (truly no brokerage) and Flat ₹20 Intraday and F&O trade brokerage. Get the offer

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Information on this page was last updated on Saturday, June 6, 2020


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