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Bonanza Vs Choice Equity Broking Demat Account Comparison

The side-by-side comparison of Bonanza and Choice Equity Broking Demat Account. Compare Bonanza Vs Choice Equity Broking Demat account charges, AMC and Fees. Read Choice Equity Broking and Bonanza demat account review.

Find out Bonanza Vs Choice Equity Broking which is better demat account and Bonanza Vs Choice Equity Broking which is best demat account.

Our Bonanza Portfolio Ltd demat account comparison with Choice Equity Broking Private Limited highlights the major differences between two brokers. Find the best demat between Bonanza and Choice Equity Broking.

Bonanza Vs Choice Equity Broking

  Bonanza Portfolio Ltd Choice Equity Broking Private Limited
Bonanza Portfolio Ltd Logo
About the Broker

Bonanza Portfolio Ltd. offers financial services including stock broking and distribution of financial products to retail customers. Bonanza Portfolio has 1842 outlets across 674 cities in India. The broker also provides trading ideas, daily market strategy, monthly updates, investment ideas, daily derivative strategy, weekly newsletter etc. for equity trading. Bonanza has membership in NSE, BSE, MCX, MCX-SX, CDSL, NSDL, ICEX and USE etc.

Choice Equity is a 100% subsidiary of Choice International Ltd., a BSE Listed and RBI Regd. NBFC having pan india presence for Stock and Commodities Broking, Loan syndication, Insurance, Mutual Fund etc.

DP ID 12033500 12066900
Contact Info

Plot No M-2, Walbhat Road,
Cama Industrial Estate, Goregaon (East),
Mumbai Maharashtra India-400063

Chakarawarti Ashok Co Ophsg Cts No156,157,158, J.B.Nagar Off Sahar Road, Andheri (E) Mumbai Maharashtra India-400099

Services Offered Trade in equity, derivatives, commodity, currency derivative, distribution of Mutual Funds and IPO, Portfolio Management Services, Mutual Fund Investments, Health Insurance, Real Estate, Loans, Investment Banking, Wealth Management and Depository Services.

NSE- Cash, FNO and CD segment BSE- Cash and Derivative. MCX-SX- Currency Derv. USE - Currency Derv. Group Company Member - MCX, NCDEX, ICEX

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Bonanza Vs Choice Equity Broking Demat Account Opening Charges

  Bonanza Portfolio Ltd Choice Equity Broking Private Limited
Demat Account Opening Fee

Rs 400

Nil

Demat Account AMC
  • Individual Account: Rs 250 p.a.
  • Corporate Account: Rs 1000 p.a.

Lifetime DP charges (including AMC & A/C opening): Rs 999 one time

Basic Plan: Rs 200 for Individual, Rs1000 for Corporate Life Time AMC Plan: 1500 for Individual Life Time 5000 for Corporate Life Time Zero AMC Plan : Nil for Individual with Deposit Rs 3000 Nil for Corporate with Deposit Rs 10000 Rs 1000 3 Yrs free AMC for Individual Rs 3000 3 Yrs FREE.AMC for Non-Individual

Advance Deposit

AMC Free Scheme (999 Scheme): Rs 999 one time

Nil

Bonanza Vs Choice Equity Broking Demat Charges

  Bonanza Portfolio Ltd Choice Equity Broking Private Limited
Dematerialisation Charges
  • Normal Scheme: Rs 3 per certificate plus courier charges extra
  • 999 scheme: Rs 25 per certificate plus courier charges extra

Rs 25 per certifiacte or 100 securities whichever is higher

Rematerialisation Charges

Rs 15 per 100 securities or part therof or Rs 15 per certificate whichever is higher

Rs 25 per certifiacte or 100 securities whichever is higher

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)

Rs 12

0.02% of value subject to minimum Rs 10 per transaction.

Pledge Creation Charges

100 or 0.01% whichever is higher

Rs 50 or 0.02% whichever is higher

Pledge Creation Confirmation Charges

Nil

Rs 50 or 0.02% whichever is higher

Pledge Invocation Charges

Nil

Rs 100 or 0.05% whichever is higher.

Failed Instruction Charges

Nil

Rs 10 per instruction.

Other Charges
  • Late Transaction: Rs 10 per transaction in all schcmes except 999. Rs 25 per transaction in 999
  • Dishonoured cheque: Rs 100 per Instance. In 999 scheme Rs 200 per instance.
  • Additional statment of a/c Rs 25 & Rs 50 qtr.& ann. respectively.
  • Extra DIS book: Rs 35 Rs 50 for 999 scheme.
  • Lost DIS book: Rs 70 Rs 100 for 999 scheme.

Contact DP / Request A Call Back

  Bonanza Portfolio Ltd Choice Equity Broking Private Limited
Contact broker for Demat Account related enquires:
  Bonanza Portfolio Ltd Choice Equity Broking Private Limited
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Demat Account Related Abbreviations

  • Demat: Demat Account is an online account to hold the shares in electronic form. They are similar to bank account used to hold money.
  • BSDA: Basic Service Demat Account, a type of account which offers limited services at reduced costs.
  • PoA: Power of Attorney, a legal document giving authority to broker to settle the trades though holding in clients demat account.
  • DIS: Delivery Instruction Slip, Similar to conventional cheque book for demat account. Its is used offline demat account transactions.
  • DPC: Delayed Payment Charges
  • Dematerialisation: Process to converting physical certificates to electronic form.
  • Rematerialisation: Process of converting electronic shares to physical certificates.
  • NSDL: National Securities Depository Limited, the 1st central securities depository. It offer services to hold shares in electronic form on behalf of the customer.
  • CDSL: Central Depository Services (India) Limited, the 2nd securities depository. It also offers service to hold shares in electronic form.



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