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Bonanza Vs Destimoney Demat Account Comparison

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

Find out Bonanza Vs Destimoney which is better demat account and Bonanza Vs Destimoney which is best demat account.

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

Bonanza Vs Destimoney

  Bonanza Portfolio Ltd Destimoney Securities 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.

Destimoney Securities Pvt. Ltd. is a member of the Bombay Stock Exchange, National Stock Exchange and offers depository services to its clients through CDSL.

DP ID 12033500 12045500
Contact Info

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

6Th Floor, A Wing Tech Web Centre, New Link Road Oshiwara, Jogeshwari-West Mumbai Maharashtra India-400102

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.
Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Bonanza Vs Destimoney Demat Account Opening Charges

  Bonanza Portfolio Ltd Destimoney Securities Private Limited
Demat Account Opening Fee

Rs 400

At actuals

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

Rs 240 (Per Annum) For Individuals (payable in advance on an anniversary basis) Rs 750 (Per Annum) For Corporate - Yearly Pro-rata basis

Advance Deposit

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

NIL

Bonanza Vs Destimoney Demat Charges

  Bonanza Portfolio Ltd Destimoney Securities 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 5 per certificate plus Rs 25 per request

Rematerialisation Charges

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

Rs 12 per 100 securities or part quantity or Rs 12 per cert. whichever is higher Plus Rs 25 per Request Restat SOA / Redemption 1) For conversion of MF units into SOA (stmt of a/c)

2.For redemption of MF units 0.04% of redemption value OR Rs 20 per transaction whichever is higher

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

Rs 12

0.04% of the market value of securities subject to a minimum of Rs 20 per request (Whichever is higher)

Pledge Creation Charges

100 or 0.01% whichever is higher

0.04% of the market value of securities subject to a minimum of Rs 30 per request (Whichever is higher)

Pledge Creation Confirmation Charges

Nil

NIL

Pledge Invocation Charges

Nil

0.04% of the market value of securities subject to a minimum of Rs 30 per request (Whichever is higher)

Failed Instruction Charges

Nil

NIL

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.

NIL

Contact DP / Request A Call Back

  Bonanza Portfolio Ltd Destimoney Securities Private Limited
Contact broker for Demat Account related enquires:
  Bonanza Portfolio Ltd Destimoney Securities 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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