Karvy Vs Choice Broking Demat Account Comparison

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

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

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

Karvy Vs Choice Broking

  Karvy Choice Broking
Karvy Stock Broking Ltd Logo Choice Equity Broking Private Limited Logo
About the Broker

Karvy Stock Broking Limited is part of Karvy Group, a Hyderabad based financial service provider offering wide range of services to retail and institutional customers across India. Karvy’s financial services business is ranked among the top-five in the country across its business segments.

Karvyonline is the flagship portal of Karvy Stock Broking Ltd for online trading and investing. Karvy Online offer equity and commodity trading at BSE, NSE, MCX, NCDEX, NMCE and ICEX.

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 12014400 12066900, IN301895
Contact Info

Karvy Millennium, Plot No 31,
P Nanakram Guda 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
  • Equity Broking Services
  • Depository Participant Services
  • Distribution of Financial Products
  • Currency Derivatives
  • Wealth Management Services
  • Portfolio Management Services
  • Karvy Fortune
  • Investment Banking
  • Commodities Broking
  • Non - Banking Financial Service
  • Realty Services
  • Registry Services
  • Forex & Currencies
  • Insurance Repository

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

Demat Account Enquiry Contact Karvy

Karvy Vs Choice Broking Demat Account Opening Charges

  Karvy Choice Broking
Demat Account Opening Fee

Nil

Nil

Demat Account AMC
  • Individuals Account (other than NRI): Rs 500 per year
  • NRI Account: Rs 1500 per year
  • Corporate Account: Rs 5,000 per year
  • Foreign Corporate Body Account: Rs 10,000 per year

Choice Broking offers different AMC Plans to individual customers to opt for.

  1. Basic Standard Plan: ₹200 + GST
  2. Special Plan:
    1. Lifetime AMC Free Plan (One Time - Non-refundable): ₹1,500 + GST
    2. Lifetime AMC Free Plan (One Time - Refundable): ₹3,000

Note:

  • The first year AMC is free. 
  • For corporates, the AMC charges of ₹1000 + GST per Annum Plan are applicable from the 1st year.
  • The corporates can also avail of Lifetime AMC Plan at ₹5,000 + GST that is applicable only for an escrow account.
Advance Deposit

Nil

Nil

Karvy Vs Choice Broking Demat Charges

  Karvy Choice Broking
Dematerialisation Charges
  • Rs 5 per certificate + Rs 40 for courier charges;
  • For BSDA Accounts: Rs 10 per certificate + Rs 50 courier charges

₹25 per certificate

Rematerialisation Charges

Rs 20 for every 100 securities or Rs 20 per certificate whichever is higher

₹25 per 100 Securities or 0.04% whichever is higher

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  • Sold through Karvy (for Karvy POA registered Account): Rs 12 per instruction
  • For all other transactions Rs 30 per instruction upto a value of Rs 30,000 or part thereof, Rs 10 for every additional value of Rs 30,000 or part thereof, subject to Minimum of Rs 30 and Maximum of Rs 1000 per instruction;
  • For BSDA Accounts: Rs 100 per instruction;
  • For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum Rs 100 per instructio

₹10 per transaction + GST

Pledge Creation Charges

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

₹ 50 or 0.02% whichever is higher + GST

Pledge Creation Confirmation Charges

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

Pledge Invocation Charges

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

₹100 or 0.05% whichever is higher + GST

Failed Instruction Charges

Rs 100 per instruction

₹10 per instruction + GST

Other Charges
  • Rs 100 per Demat Rejection
  • Rs 100 per Client Modification Request
  • Rs 100 per DIS Lost Request
  • Rs 100 per request for physical statements

Reissue of new DIS Booklet in case of Lost of previous one: ₹100 + GST.

Contact DP / Request A Call Back

  Karvy Choice Broking
Contact Broker
  Karvy Choice Broking
Find more info about broker
Enquire Choice Broking
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Choice Broking Vs Zerodha
Choice Broking Vs ICICI Direct
Choice Broking Vs HDFC Securities
Choice Broking Vs Sharekhan
Choice Broking Vs AxisDirect
Choice Broking Vs Angel Broking
Choice Broking Vs Kotak Securities
Choice Broking Vs Motilal Oswal
Choice Broking Vs Stoxkart
Choice Broking Vs Dhani Stocks
Choice Broking Vs Groww
Choice Broking Vs IIFL Securities
Choice Broking Vs SBI Securities
Choice Broking Vs Geojit
Choice Broking Vs Religare
Choice Broking Vs Edelweiss
Choice Broking Vs Reliance Securities
Choice Broking Vs SMC Global
Choice Broking Vs Nirmal Bang
Choice Broking Vs 5paisa
Choice Broking Vs Upstox
Choice Broking Vs Anand Rathi
Choice Broking Vs Master Trust
Choice Broking Vs Indiabulls
Choice Broking Vs Aditya Birla Money
Choice Broking Vs Bonanza
Choice Broking Vs SAMCO
Choice Broking Vs TradingBells
Choice Broking Vs IDBI Capital
Choice Broking Vs TradeSmart
Choice Broking Vs SAS Online
Choice Broking Vs iTradeOnline
Choice Broking Vs Tradeplus
Choice Broking Vs Tradejini
Choice Broking Vs Alice Blue
Choice Broking Vs Wisdom Capital
Choice Broking Vs Fyers
Choice Broking Vs Finvasia
Choice Broking Vs Prostocks
Choice Broking Vs RMoney
Choice Broking Vs Beeline
Choice Broking Vs Compositedge
Choice Broking Vs Achiievers
Choice Broking Vs Trustline
Choice Broking Vs Yes Securities
Choice Broking Vs Alankit Assignments
Choice Broking Vs Arihant Capital
Choice Broking Vs Ashika Broking
Choice Broking Vs Bansal Finstock
Choice Broking Vs Destimoney
Choice Broking Vs Globe Capital
Choice Broking Vs Hem Securities
Choice Broking Vs Indira Securities
Choice Broking Vs Jainam Share
Choice Broking Vs JM Financial
Choice Broking Vs LKP Securities
Choice Broking Vs Mangal Keshav
Choice Broking Vs Mansukh
Choice Broking Vs Marwadi Shares
Choice Broking Vs Prabhudas Lilladher
Choice Broking Vs Rudra Shares
Choice Broking Vs Shri Parasram Holdings
Choice Broking Vs SSJ Finance
Choice Broking Vs Sushil Financial
Choice Broking Vs Tradebulls
Choice Broking Vs RKSV







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