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Choice Broking Vs Groww Demat Account Comparison

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

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

Our Choice Equity Broking Private Limited demat account comparison with Nextbillion Technology pvt ltd highlights the major differences between two brokers. Find the best demat between Choice Broking and Groww.

Choice Broking Vs Groww

  Choice Broking Groww
Choice Equity Broking Private Limited Logo Nextbillion Technology pvt ltd Logo
About the Broker

Choice Equity Broking Private Limited popularly known as Choice Broking, is a full-service broker providing a wide range of services to its customers. Choice Broking is a subsidiary of publicly listed Choice International Ltd. with a pan India presence for Stock and Commodities Broking, Loan syndication, Insurance, Mutual Fund, etc. The company offers free trading and Demat account opening to its customers.

Groww is a fast-growing online stock broker and mutual fund investment company. It offers services to invest in Equity, IPO, and Direct Mutual Funds. Groww started offering demat account services in 2020. It is a member of the CDSL depository.

Groww is an online discount broker. It charges a flat of Rs.20 or 0.05% per executed order whichever is lower as trade brokerage fee.

Groww demat account charges include Account Opening fee of Rs.0 (Free), AMC of Rs.0 (free) and Debit Transaction Charge of Rs.13.50 per script for delivery trades and zero for intraday trades.

DP ID 12066900, IN301895 88700
Contact Info

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

Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034
Services Offered

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

Equity, IPO, and Direct Mutual Funds
Find more info about broker
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Choice Broking Vs Groww Demat Account Opening Charges

  Choice Broking Groww
Demat Account Opening Fee

Nil

₹0 (Free)
Demat Account AMC

Choice Broking offers Standard and special plans to individual customers to opt for.

  1. Basic Standard Plan: ₹200
  2. Special Plan:
    1. Lifetime AMC Free Plan (One Time - Non-refundable) :₹1,500
    2. Lifetime AMC Free Plan (One Time - Refundable deposit) :₹,3000

Note:

  1. First year AMC is free.
  2. In case of no scheme chosen at the end of first year, default standard plan will be applied.
  3. In case of Corporates, AMC of ₹1,000 applied from first year.
₹0 (Free)
Advance Deposit

Nil

₹0

Choice Broking Vs Groww Demat Charges

  Choice Broking Groww
Dematerialisation Charges

₹25 per certificate

₹150 per certificate + courier charges
Rematerialisation Charges

₹25 per 100 Securities or 0.04% whichever is higher

₹150 per certificate + courier charges
Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)

₹10per transaction + GST

₹8 + ₹5.50 (CDSL Charges) per ISIN
Pledge Creation Charges

₹50 or 0.02% whichever is higher + GST

₹20 + ₹12 per request (CDSL Charges)
Pledge Creation Confirmation Charges
Pledge Invocation Charges

₹100 or 0.05% whichever is higher + GST

₹20
Failed Instruction Charges

₹10 per instruction + GST

₹50 per ISIN
Other Charges

Additional request for every DIS Booklet: ₹100.

KYC Modification: ₹50
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Contact Broker / Request A Call Back

  Choice Broking Enquire Groww Enquire
Contact Broker

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

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