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ICICIdirect Vs Choice Broking Demat Account Comparison

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

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

Our ICICI Securities Pvt Ltd. demat account comparison with Choice Equity Broking Private Limited highlights the major differences between two brokers. Find the best demat between ICICIdirect and Choice Broking.

ICICIdirect Vs Choice Broking

  ICICIdirect Choice Broking
ICICI Securities Pvt Ltd. Logo Choice Equity Broking Private Limited Logo
About the Broker

ICICI Bank is India's largest private sector bank with total assets of Rs. 6,461.29 billion (US$ 103 billion) at March 31, 2015 and profit after tax Rs. 111.75 billion (US$ 1,788 million) for the year ended March 31, 2015. ICICI Bank currently has a network of 4,050 Branches and 12,817 ATM`s across India.

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.

DP ID 12014300 12066900, IN301895
Contact Info

ICICI Bank Tower, 5Th Flr South Wing,
Tower ii, Plt No 12 Financil Dist,
Gachibowli Hyderabad,
Andhra Pradesh, India - 500032

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

Services Offered

ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.

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

Find more info about broker
Special Offer
Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now

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.

ICICIdirect Vs Choice Broking Demat Account Opening Charges

  ICICIdirect Choice Broking
Demat Account Opening Fee

Stamp Duty at actuals

Nil

Demat Account AMC

For Individual account: ₹700 p.a.

For Corporate account: ₹1500 p.a.

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.
Advance Deposit

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

Nil

Open ICICIdirect Account

ICICIdirect Vs Choice Broking Demat Charges

  ICICIdirect Choice Broking
Dematerialisation Charges

₹50 Per Demat Request Form and ₹10 For Each Certificates

₹25 per certificate

Rematerialisation Charges

₹25 + CDSL charges at actual

₹25 per 100 Securities or 0.04% whichever is higher

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

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹25,000 )

₹10per transaction + GST

Pledge Creation Charges

0.02% or minimum of ₹35

₹50 or 0.02% whichever is higher + GST

Pledge Creation Confirmation Charges

0.02% or minimum of ₹35

Pledge Invocation Charges

0.02% or minimum of ₹35

₹100 or 0.05% whichever is higher + GST

Failed Instruction Charges

₹10 per instruction + GST

Other Charges

₹200 for restoring services if account is suspended for non payment of charges.

Additional request for every DIS Booklet: ₹100.

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Contact Broker / Request A Call Back

  ICICIdirect Enquire Choice Broking Enquire
Contact Broker

ICICIdirect Special Offer

ICICIdirect Neo Plan (Discount Brokerage)

Open a 3-in-1 account with Neo Plan for:

  • Free Account Opening
  • Brokerage-Free Equity Futures trading
  • Flat Rs. 20 per trade brokerage in Options, Currency F&O and Commodity futures in BSE, NSE and MCX
  • Free trading tips
  • Get funds in your bank account in just 5 minutes of selling stocks

Interested in opening a trading account? Open Instant Account Now

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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