Kotak Securities Vs Dhani Stocks Demat Account Comparison

Kotak Securities Ltd. is a broking company and is a member of BSE,NSE, MSEI and is also registered as a Depository Participants with CDSL and NSDL.

Dhani Stocks Limited, part of Indiabulls Group that was earlier known as Indiabulls Ventures/Securities Limited, is a online discount broker offering trading services to its customers across Equity, Derivatives, Currency, and, Commodity. Dhani Stocks is the first brokerage house in India to be assigned the highest broker quality grading by CRISIL and has its stocks listed on NSE, BSE & Luxembourg stock exchange.

Kotak Infiniti, Bldg No 21, 8th Floor,
Infinity Park, Gen A K Vaidya Marg,
Malad (E) Mumbai Maharashtra India - 400097

M-62 & 63, First Floor, Connaught Place, New Delhi - 110001

1. Stock Broking
2. Depository Services
3. Portfolio Management Services
4. Corporate Agent for insurance
5. Distributor for Mutual Funds

Trading and Depository Services. The depository services include account opening, Demat requests, Remat requests, redemption, account transfer instructions, client master changes freezing, de-freezing, account closure, pledge creation, confirmation, closure, invocation, etc.

Nil

Nil

• Individual (Resident): Rs 780 p.a. for upto 10 debit transactions. Rs 600 p.a. for 11 to 30 debit transactions. Rs 420 p.a. for more than 30 debit transactions.
• NRI Account: Rs 900 p.a.
• Corporate (Resident): Rs 1200 p.a.
• Corporate (NRI): Rs 1500 p.a.
• BSDA Account: Rs 100 per annum (if DP value is more than Rs 50,000 and less than 2 lacs), Zero (if DP value is less than Rs 50,000 )

Individuals ₹300 | Non-Individual - ₹1000

Nil

Nil

Rs 3 per certificate plus Rs 50 per request

• Individual Account: Rs 10 for 100 shares (Minimum Payable Rs 15)
• Corporate Account: Rs 10 for 100 shares (Minimum Payable Rs 15)

• Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum Rs 27 (Plus CDSL charges as applicable + applicable taxes).
• For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum Rs 44.50 (Plus CDSL charges as applicable + applicable taxes).
• Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum Rs 27(Plus CDSL charges as applicable + applicable taxes).

0.05% of the value of securities Minimum Rs 30

0.05% of the value of securities Minimum Rs 30

0.05% of the value of securities Minimum Rs 30

Nil

1. Margin Pledge /Unpledge: ₹15
2. Margin pledge Invocation: Nil
3. Fax Indemnity - Actual
4. Demat Rejection - ₹25 + Courier Charges
5. Renewal charges for resuming the Services - ₹100 per account.
6. Interest at 24% p.a for NSDL client and 13% p.a for CDSL client is charged on the outstanding bill after one month from the due date.