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Zerodha Demat Account Charges, Review, Opening


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Zerodha is a discount stock broker offering trading services in Equity, Derivatives, Commodity and Currency segments at BSE, NSE & MCX to stock market investors in India.

Zerodha started its operations in 2010, offering deeply discounted brokerage service by leveraging the technology of online trading to keep the cost low. Zerodha disrupted the traditional online brokerage industry in just 3 years of its inception by making the discount brokerage model actually work. As of Jan 2019, Zerodha has a market share of over 10% of trades done at BSE & NSE.

While Zerodha is primarily focused on equity and commodity trading services, it also started offering add-on services like depository services (or demat account) and mutual funds.

Demat account is one of the key services offered by Zerodha. The service is part of its 2-in-1 account which offers the customer an integrated trading account and a demat account for seamless transactions between them.

Zerodha is depository participant (DP) with Central Depository Services Limited (CDSL) depository.

Key features offered by Zerodha Demat Account include:

  • Easy online access to shares, mutual funds etc.
  • 2-in-1 account offers seamless transaction between trading and demat account.
  • Dividends credited automatically in linked bank account.
  • Low debit transaction charges for stock and mutual funds.

Zerodha DP Debit Transaction Charges

Zerodha charges ₹13.5 per scrip (irrespective of quantity) debited from demat account when stocks are sold.

For Mutual Funds, Zerodha charges ₹5.5 per MF (irrespective of quantity) debited from demat on redemption.

Zerodha Demat Account Opening Charges

To open a new demat account with Zerodha, the customer has to pay demat account opening charges. Brokers also charge an Annual Maintenance Charges (AMC), a yearly fee to maintain the demat account.

ServiceCharges
Demat Account Opening Fee₹100
Demat Account Annual Charges (AMC)₹300

Zerodha Demat Account Charges

Zerodha Depository Service Charges for Resident Retail Customers
ID Transaction Charges
1 Demat Account Opening Charges ₹0
2 Stamp Charges payable upfront (at actuals) ₹50
3 Annual Maintenance Charges (AMC):
  a. Individuals ₹300 Per Year + GST (Payable upfront every year)
  b. Corporates ₹1000 + GST (Payable upfront every year)
4 Transaction Charges per ISIN (Market Trades):
  a. Buy (Receive) ₹0
  b. Sell(Debit) ₹8 + ₹5.50 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) ₹150
7 Remat (Per ISIN) ₹150 (Per certificate) + CDSL Charges
8 Courier charges per Demat/ Remat request ₹100
9 Pledge per ISIN ₹20 + ₹12 per request (CDSL Charges)
10 Unpledge per ISIN ₹20 + ₹12 per request (CDSL Charges)
11 Pledge Invocation per ISIN ₹20
12 Periodic Statement:
  a. By Email Free
  b. Physical ₹50 (Couier Charges)
13 Adhoc / Non Periodic Statement Requests:
  a. By Email ₹10 per request
  b. Physical ₹50 per request upto 10 pages. Every additional page at ₹5 (+Courier charges at actual)
14 Delivery Instructions:
  a. First Delivery Instruction Book Free (10 leaves)
  b. Every Additional Booklet ₹100 (10 leaves)
15 Cheque Bounce/ Per cheque ₹350
16 Failed Transactions ₹50 per ISIN
17 Modification in CML ₹25 per request
18 KRA Upload / Download ₹50
Zerodha 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 Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

Contact Zerodha / Request Call Back

Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

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Information on this page was last updated on Thursday, November 14, 2019


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