ICICIdirect Vs Zerodha 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.

Zerodha is a Bangalore based discount stock broker offering flat Rs 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.

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

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

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.

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

Stamp Duty at actuals

₹50 (Stamp charges payable upfront)

For Individual account: ₹700 p.a.

For Corporate account: ₹1500 p.a.

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

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

₹0

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

₹150 per certificate (+ ₹100 Courier charges)

₹25 + CDSL charges at actual

₹150 per certificate + CDSL charges + ₹100 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 )

• Market Trades: ₹13.5 + GST
• Off-Market Trades: 0.03% of ₹25 whichever is higher + GST

0.02% or minimum of ₹35

₹30 per request + GST

0.02% or minimum of ₹35

₹0

0.02% or minimum of ₹35

₹20

₹50 per ISIN

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

• 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.