The side-by-side comparison of ICICI Direct and Groww Demat Account. Compare ICICI Direct Vs Groww Demat account charges, AMC and Fees. Read Groww and ICICI Direct demat account review.
Find out ICICI Direct Vs Groww which is better demat account and ICICI Direct Vs Groww which is best demat account.
Our ICICI Securities Pvt Ltd. demat account comparison with Nextbillion Technology pvt ltd highlights the major differences between two brokers. Find the best demat between ICICI Direct and Groww.
ICICI Direct | Groww | |
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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. |
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 | 12014300 | 88700 |
Contact Info | ICICI Bank Tower, 5Th Flr South Wing, |
Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034 |
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. |
Equity, IPO, and Direct Mutual Funds |
Demat Account Enquiry | Contact ICICI Direct |
ICICI Direct | Groww | |
---|---|---|
Demat Account Opening Fee | Stamp Duty at actuals |
₹0 (Free) |
Demat Account AMC | For Individual account: ₹700 p.a. For Corporate account: ₹1500 p.a. |
₹0 (Free) |
Advance Deposit | ₹0 for ICICI Bank customers. ₹7500 for Non ICICI BANK customers. |
₹0 |
ICICI Direct | Groww | |
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Dematerialisation Charges | ₹50 Per Demat Request Form and ₹10 For Each Certificates |
₹150 per certificate + courier charges |
Rematerialisation Charges | ₹25 + CDSL charges at actual |
₹150 per certificate + courier charges |
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 ) |
₹8 + ₹5.50 (CDSL Charges) per ISIN |
Pledge Creation Charges | 0.02% or minimum of ₹35 |
₹20 + ₹12 per request (CDSL Charges) |
Pledge Creation Confirmation Charges | 0.02% or minimum of ₹35 |
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Pledge Invocation Charges | 0.02% or minimum of ₹35 |
₹20 |
Failed Instruction Charges | ₹50 per ISIN | |
Other Charges | ₹200 for restoring services if account is suspended for non payment of charges. |
KYC Modification: ₹50 |
ICICI Direct | Groww | |
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Contact Broker |
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