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AxisDirect Vs Finvasia Demat Account Comparison

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

Find out AxisDirect Vs Finvasia which is better demat account and AxisDirect Vs Finvasia which is best demat account.

Our Axis Securities demat account comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best demat between AxisDirect and Finvasia.

AxisDirect Vs Finvasia

  AxisDirect Finvasia
Axis Securities Logo Finvasia Securities Pvt Ltd Logo
About the Broker

Axis Securities Limited is part of Axis bank, India's leading private bank. Axis Securities offers its services though Axis Direct. The 3-in-1 account by Axis is the most popular offering by the bank. This account includes a Bank Account, a Trading Account and a demat account, all integrated together for seamless transactions among them.

Finvasia is a Chandigarh, India based financial service provider. Finvasia caters to retail, institutional and foreign customers. Finvasia offers truly brokerage free trading. It absolutely doesn’t change any brokerage commission from customers to trade on BSE, NSE, and MCX. Customers can trade in any segment by just paying applicable taxes. Call & trade is also available for free of cost to the customers.

Finvasia is a depository participant with CDSL. They offer all kind of depository services to its customer at a very reasonable price.

They are an online broker. All services offered are online or over the phone. They do not have any branch offices, franchise or partner offices.

DP ID 12027500 84300
Contact Info

Gigaplex, Bldg No.1, 4th Floor, Plot No. I.T.5, MIDC Airoli Knowledge Park,
Airoli, Navi Mumbai, Maharashtra, India 400708

Plot # 10, Netsmartz House (Level 3).
Rajiv Gandhi Chd Tech Park.
Chandigarh. India 160101

Services Offered

Equity, Derivatives, Mutual funds, SIP, IPO, NCD and Bonds, ETFs, Currency, Depository Services (Demat Account)

Retail trading in equity, currency and commodity, depository (demat account), asset management, investment banking, advisory, and currency hedging.

Find more info about broker
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AxisDirect Vs Finvasia Demat Account Opening Charges

  AxisDirect Finvasia
Demat Account Opening Fee

Nil

₹0 (+ stamp charge of ₹199)

Demat Account AMC
  • Retail Account:
    • Axis Bank Customer: Rs 650 per year (1st year free). Rs 2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank.
    • Non-Axis Bank Customer: Rs 250 per year (1st year free)
  • BSDA Account:
    • Nil for holding value till Rs 50,000
    • Rs 100 per year for holding value from Rs 50,001 to Rs 2,00,000
    • Holding value above Rs 2,00,000 tariff for Retail account will be applicable.
  • Corporate Account:
    • Rs 400 for Axis Bank clients + CDSL AMC of Rs 500
    • Rs 600 for non-Axis Bank clients+ CDSL AMC of Rs 500

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

Advance Deposit

Nil

₹0

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AxisDirect Vs Finvasia Demat Charges

  AxisDirect Finvasia
Dematerialisation Charges
  • Retail / BSDA Account: Rs 5 per certificate subject to minimum of Rs 50 per request, whichever is higher. Rs 50 per request as courier charges for mutual fund Units.
  • Corporate Account: Rs 2.50 per certificate subject to a minimum of the Rs 50 per request.

₹15 + ₹99 Courier charges

Rematerialisation Charges
  • Retail / BSDA Account: Rs 20 for every 100 securities or part thereof or Rs 50 per request whichever is higher. Rs 50 per instruction for mutual fund Units.
  • Corporate Account: Rs 20 per certificate subject to minimum of Rs 50 per request

₹15 + ₹99 Courier charges

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  • Retail Account: 0.04% of the value of the transaction (Min Rs 25 per instruction) whichever is higher. Rs 25 flat per instruction for mutual fund units.
  • BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. Rs 50 flat per instruction for mutual fund units.
  • Corporate Account: 0.04% subject to minimum of Rs 23 per instruction.

₹9 (including CDSL Fee)

Pledge Creation Charges
  • Retail Account: 0.04% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
  • BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
  • Corporate Account: Flat Rs 50 per request.

₹25 + NSDL Charges

Pledge Creation Confirmation Charges

Nil

Pledge Invocation Charges
  • Retail Account: 0.04% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
  • BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
  • Corporate Account: Flat Rs 50 per request.

₹25 + NSDL Charges

Failed Instruction Charges

Rs 10 per Instruction

₹49 per transaction

Other Charges
  • Ad-hoc Statement - Rs 100 per statement
  • Quarterly (Physical) statement
    • Retail Account - Nil
    • BSDA Account - Rs 25 per statement
  • Account Modification Charges
    • Retail Account - Nil
    • BSDA Account - Rs 100
  • DIS Booklet Charge
    • Retail Account - NIL
    • BSDA Account - Rs 200 per booklet
  • Redemption of mutual fund units through DP - Rs 25 per instruction
  • Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
  • Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
  • Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
  • Check Bounce - ₹299
  • Failed Transaction - ₹49 per transcaction
  • Modification in Client Information - ₹19 per request
  • Demat Closure Account - Nil
  • Delay Payment Charges - 2% per month on T+2 days
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