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Beeline Vs Karvy Demat Account Comparison

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

Find out Beeline Vs Karvy which is better demat account and Beeline Vs Karvy which is best demat account.

Our Beeline Broking Limited demat account comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best demat between Beeline and Karvy.

Beeline Vs Karvy

  Beeline Broking Limited Karvy Stock Broking Ltd
Beeline Broking Limited Logo Karvy Stock Broking Ltd Logo
About the Broker Beeline is an online discount stock broker offering trading at BSE, NSE and MCX in Equity, Equity F&O, Currency F&O and Commodity. Beeline offers depository services (demat account) though its membership with NSDL since 2015. The online demat account offered by Beeline Broking is easy to manage and competitively priced.

Karvy Stock Broking Limited is part of Karvy Group, a Hyderabad based financial service provider offering wide range of services to retail and institutional customers across India. Karvy’s financial services business is ranked among the top-five in the country across its business segments.

Karvyonline is the flagship portal of Karvy Stock Broking Ltd for online trading and investing. Karvy Online offer equity and commodity trading at BSE, NSE, MCX, NCDEX, NMCE and ICEX.

DP ID IN304123 12014400
Contact Info Beeline Broking Limited, B-307,Ganesh Plaza, Beside Navrangpura Post Office, Navrangpura, Ahmedabad, Gujrat 380009

Karvy Millennium, Plot No 31,
P Nanakram Guda Gachibowli,
Hyderabad, Andhra Pradesh, India 500032

Services Offered Equity Trading (Delivery & Intraday) - BSE, NSE Equity Derivatives (Future & Options) - BSE, NSE Currency Derivatives (Future & Options) - BSE, NSE Commodity Futures - MCX, NCDEX Depository Services (NSDL) Insurance Services
  • Equity Broking Services
  • Depository Participant Services
  • Distribution of Financial Products
  • Currency Derivatives
  • Wealth Management Services
  • Portfolio Management Services
  • Karvy Fortune
  • Investment Banking
  • Commodities Broking
  • Non - Banking Financial Service
  • Realty Services
  • Registry Services
  • Forex & Currencies
  • Insurance Repository
Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Beeline Vs Karvy Demat Account Opening Charges

  Beeline Broking Limited Karvy Stock Broking Ltd
Demat Account Opening Fee Nil

Nil

Demat Account AMC a. Individuals - Lifetime Free with one time payment of ₹876 (Payable at account opening) b. Corporate - ₹1800 (Payable upfront every year)
  • Individuals Account (other than NRI): Rs 500 per year
  • NRI Account: Rs 1500 per year
  • Corporate Account: Rs 5,000 per year
  • Foreign Corporate Body Account: Rs 10,000 per year
Advance Deposit Nil

Nil

Beeline Vs Karvy Demat Charges

  Beeline Broking Limited Karvy Stock Broking Ltd
Dematerialisation Charges Rs 10 per certificate + Rs 40 courier charges
  • Rs 5 per certificate + Rs 40 for courier charges;
  • For BSDA Accounts: Rs 10 per certificate + Rs 50 courier charges
Rematerialisation Charges Rs 40 + NSDL Charges (Rs 10 for every 100 securities)

Rs 20 for every 100 securities or Rs 20 per certificate whichever is higher

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell) Within Beeline: Rs 25 | Outside Beeline: Rs 35 + Rs 4.50 NSDL Charges
  • Sold through Karvy (for Karvy POA registered Account): Rs 12 per instruction
  • For all other transactions Rs 30 per instruction upto a value of Rs 30,000 or part thereof, Rs 10 for every additional value of Rs 30,000 or part thereof, subject to Minimum of Rs 30 and Maximum of Rs 1000 per instruction;
  • For BSDA Accounts: Rs 100 per instruction;
  • For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum Rs 100 per instructio
Pledge Creation Charges Rs 35

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

Pledge Creation Confirmation Charges Rs 35

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

Pledge Invocation Charges Rs 35

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

Failed Instruction Charges Rs 30 per ISIN

Rs 100 per instruction

Other Charges Account Modification: Rs 7 Freeze-Unfreeze Account: Rs 30 Additional Statement: Rs 7
  • Rs 100 per Demat Rejection
  • Rs 100 per Client Modification Request
  • Rs 100 per DIS Lost Request
  • Rs 100 per request for physical statements

Contact DP / Request A Call Back

  Beeline Broking Limited Karvy Stock Broking Ltd
Contact broker for Demat Account related enquires:
  Beeline Broking Limited Karvy Stock Broking Ltd
Find more info about broker
Enquire about Beeline Enquire about Karvy
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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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