ICICIdirect Vs Prostocks Demat Account Comparison

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.

ProStocks (a Sunlight Broking LLP venture) is among the fastest  growing online stock broking company in India. ProStocks offers ultra low cost brokerage and depository services also known as discount brokerage services.

ProStocks is popular broker for Rs 15 Flat Per Trade Plan, Rs 899 Unlimited Plan (Equity and Derivatives) and Rs 499 Unlimited Plan (Currency Derivatives). ProStocks is SEBI registered stock broker and member of BSE, NSE, CDLS.

Zero AMC Demat Account (with one time Rs 1000 refundable deposit) with the Zero Demat Account Opening Fee makes ProStocks Demat Account the cheapest Demat Account in India.

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

Sunlight Broking LLP,
B-53, Pravasi Industrial Estate,
Goregaon (East), Mumbai - 400063

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.

• Delivery Trading - Equity
• Intraday Trading - Equity
• Futures Trading - Equity, Currency, Commodity
• Options Trading - Equity, Currency
• Depository Services (Demat Account)

Stamp Duty at actuals

Nil

For Individual account: ₹700 p.a.

For Corporate account: ₹1500 p.a.

Nil

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit

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

Rs 50 per set up + Rs 50 courier charges

₹25 + CDSL charges at actual

Rs 50 per set up + Rs 50 courier charges

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 )

Rs 8 + Rs 5.50 (CDSL charges) per ISIN

0.02% or minimum of ₹35

Rs 50 per set up

0.02% or minimum of ₹35

Nil

0.02% or minimum of ₹35

Rs 50 per set up

Failed transactions Rs 50 per ISIN

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