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Indiabulls Vs Choice Broking Demat Account Comparison

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

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

Our Indiabulls Ventures Limited demat account comparison with Choice Equity Broking Private Limited highlights the major differences between two brokers. Find the best demat between Indiabulls and Choice Broking.

Indiabulls Vs Choice Broking

  Indiabulls Choice Broking
Indiabulls Ventures Limited Logo Choice Equity Broking Private Limited Logo
About the Broker

Indiabulls Ventures Limited is India's leading capital markets company with All-India Presence and an extensive client base. Indiabulls Ventures Limited is the first brokerage house in India to be assigned the highest rating by CRISIL. Indiabulls Ventures Limited is listed on NSE, BSE & Luxembourg stock exchange.

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 12029900 12066900, IN301895
Contact Info

Indiabulls House, 448-451,
Udyog Vihar, Phase - V,
Gurgaon Haryana India-122016

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

Services Offered

Depository Services

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

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Indiabulls Vs Choice Broking Demat Account Opening Charges

  Indiabulls Choice Broking
Demat Account Opening Fee

Nil

Nil

Demat Account AMC

Rs 450 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

Nil

Nil

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Indiabulls Vs Choice Broking Demat Charges

  Indiabulls Choice Broking
Dematerialisation Charges

Rs 1 per Certificate (max Rs 250 )+ Rs 25 for courier

₹25 per certificate

Rematerialisation Charges

Fee of Rs 15 for every 100 securities/MF Units or Flat fee of Rs 15 per cert/unit, whichever is higher

₹25 per 100 Securities or 0.04% whichever is higher

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  1. On-Market Rs 10 Flat, For NRI/OCB Rs 15 or .02% of the transaction value (whichever is higher)
  2. Off-Market Rs 15 or .02% of the transaction value (whichever is higher).

₹10per transaction + GST

Pledge Creation Charges

Rs 25 or .02% of the transaction value(whichever is higher)

₹50 or 0.02% whichever is higher + GST

Pledge Creation Confirmation Charges

Rs 25 or .02% of the transaction value(whichever is higher)

Pledge Invocation Charges

Rs 25 or .02% of the transaction value(whichever is higher)

₹100 or 0.05% whichever is higher + GST

Failed Instruction Charges

Rs 20 Per Instruction

₹10 per instruction + GST

Other Charges
  1. Fax Indemnity - Actual
  2. Demat Rejection - Rs 20 + Courier Charges
  3. Renewal charges for resuming the Services - Rs 100 per account.

Additional request for every DIS Booklet: ₹100.

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