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Karvy Vs Finvasia Demat Account Comparison

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

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

Our Karvy Stock Broking Ltd demat account comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best demat between Karvy and Finvasia.

Karvy Vs Finvasia

  Karvy Stock Broking Ltd Finvasia Securities Pvt Ltd
Karvy Stock Broking Ltd Logo Finvasia Securities Pvt Ltd 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.

Finvasia is a Chandigarh, India based financial service provider. Finvasia caters to retail, institutional and foreign customers. Finvasia offers truly brokerage free trading. It absolutely doesn’t change any brokerage commission from customers to trade on BSE, NSE, and MCX. Customers can trade in any segment by just paying applicable taxes. Call & trade is also available for free of cost to the customers.

Finvasia is a depository participant with CDSL. They offer all kind of depository services to its customer at a very reasonable price.

They are an online broker. All services offered are online or over the phone. They do not have any branch offices, franchise or partner offices.

DP ID 12014400 84300
Contact Info

Karvy Millennium, Plot No 31,
P Nanakram Guda Gachibowli,
Hyderabad, Andhra Pradesh, India 500032

Plot # 10, Netsmartz House (Level 3).
Rajiv Gandhi Chd Tech Park.
Chandigarh. India 160101

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

Retail trading in equity, currency and commodity, depository (demat account), asset management, investment banking, advisory, and currency hedging.

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Karvy Vs Finvasia Demat Account Opening Charges

  Karvy Stock Broking Ltd Finvasia Securities Pvt Ltd
Demat Account Opening Fee

Nil

₹0 (+ stamp charge of ₹199)

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

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

Advance Deposit

Nil

₹0

Karvy Vs Finvasia Demat Charges

  Karvy Stock Broking Ltd Finvasia Securities Pvt Ltd
Dematerialisation Charges
  • Rs 5 per certificate + Rs 40 for courier charges;
  • For BSDA Accounts: Rs 10 per certificate + Rs 50 courier charges

₹15 + ₹99 Courier charges

Rematerialisation Charges

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

₹15 + ₹99 Courier charges

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

₹9 (including CDSL Fee)

Pledge Creation Charges

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

₹25 + NSDL Charges

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

₹25 + NSDL Charges

Failed Instruction Charges

Rs 100 per instruction

₹49 per transaction

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
  • Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
  • Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
  • Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
  • Check Bounce - ₹299
  • Failed Transaction - ₹49 per transcaction
  • Modification in Client Information - ₹19 per request
  • Demat Closure Account - Nil
  • Delay Payment Charges - 2% per month on T+2 days

Contact DP / Request A Call Back

  Karvy Stock Broking Ltd Finvasia Securities Pvt Ltd
Contact broker for Demat Account related enquires:
  Karvy Stock Broking Ltd Finvasia Securities Pvt Ltd
Find more info about broker
Enquire about Karvy Enquire about Finvasia
Compare More Demat Accounts

Demat Account Related Abbreviations

  • Demat: Demat Account is an online account to hold the shares in electronic form. They are similar to bank account used to hold money.
  • BSDA: Basic Service Demat Account, a type of account which offers limited services at reduced costs.
  • PoA: Power of Attorney, a legal document giving authority to broker to settle the trades though holding in clients demat account.
  • DIS: Delivery Instruction Slip, Similar to conventional cheque book for demat account. Its is used offline demat account transactions.
  • DPC: Delayed Payment Charges
  • Dematerialisation: Process to converting physical certificates to electronic form.
  • Rematerialisation: Process of converting electronic shares to physical certificates.
  • NSDL: National Securities Depository Limited, the 1st central securities depository. It offer services to hold shares in electronic form on behalf of the customer.
  • CDSL: Central Depository Services (India) Limited, the 2nd securities depository. It also offers service to hold shares in electronic form.



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