Geojit Vs Zerodha Demat Account Comparison

Geojit is the Full Service Broker offering savings and investment solutions like Equities, Derivatives , Mutual Funds, Life & General Insurance, third party Fixed Deposits, Portfolio Management services and wealth management.

Geojit is member of NSE and BSE and registered as a depository participant with NSDL and CDSL. The broker is among few broking firms to introduce online trading facility in India. The Broker has strong hold in Gulf countries (UAE, Saudi Arabia, Bahrain, Kuwait or Oman).

Zerodha is a Bangalore based discount stock broker offering flat ₹20 per trade in Equity Cash, Equity F&O, Currency F&O and Commodities. Zerodha launched its online trading services on 15th Aug 2010 and in first 7 years Zerodha made around 7 lakhs customers.

With innovative trading platform and tools along with the cheapest brokerage, Zerodha is fastest growing financial firm in India offering stock brokerage and depository services.

34/659 P, 1st Floor, Civil Line Road,
Padivattom Kochi Kerala India - 682024

No. 153/154, Ground Floor,
4th Cross, J P Nagar, 4th Phase,
Bangalore Karnataka India - 560078

Demat Account Services

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

Nil

₹50 (Stamp charges payable upfront)

1. Regular Individual Account: RS 600 (Rs 450 electronic communication)
2. NRI Clients: RS 2000 (Rs 750 electronic communication)
3. Corporate Accounts: Rs 1250
4. BSDA clients: Nil for holding value till Rs 50,000. Rs 100 p.a. for holding value from Rs 50,001 to Rs 2,00,000 . Holding value above 2Lakh normal tariff will be applicable

Individuals/Non Individual (except Corporate) - ₹300 + GST
Non Individual - Corporate - ₹1000

Nil

₹0

Nil + Courier Charges @ Rs 35

₹150 per certificate (+ ₹100 Courier charges)

Rs 10 for every 100 securities or part thereof; or Rs 10 per certificate whichever is higher + courier charges Rs 35 per scrip

₹150 per certificate + CDSL charges + ₹100 Courier charges

For Geojit debit:

• 0.02% (subject to a min of Rs 15 & max of Rs 40 per trans), if the delivery is through POA/with DCN or
• 0.02% (subjects to a min of Rs 20 & maxi of Rs 40 per trans), if the delivery is through DIS or POA without DCN.

For other broker debit:

• 0.02% (subject to a min of Rs 50 and max of Rs 100 per Trans)

Off market transaction

• 0.02% (subject to a min of Rs 20 and max of Rs 40 per trans), if the receiving demat account is with Geojit BNP Paribas.
• 0.02% (subject to a minimum of Rs 50 and maximum of Rs 100 per transaction) if receiving demat account is outside Geojit BNP Paribas.

• Market Trades: ₹8 + ₹5.5 (CDSL charges)
• Off-Market Trades: 0.03% of ₹25 whichever is higher

Rs 50 per trans, Rs 100 per transaction for BSDA clients

₹20 + ₹12 per request (CDSL charges)

NIL

₹0

Rs 50 per trans Rs 100 for BSDA clients

₹20

NIL

₹50 per ISIN

• Cheque Bounce: ₹350
• Physical Statement - ₹50 (+Courier charges at actual)
• Modification in CML - ₹25 per request
• KRA Upload / Download - ₹50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.