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Kotak Securities Vs Karvy Demat Account Comparison

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

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

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

Kotak Securities Vs Karvy

  Kotak Securities Ltd Karvy Stock Broking Ltd
Kotak Securities Ltd Logo Karvy Stock Broking Ltd Logo
About the Broker

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.

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.

DP ID 12025100 12014400
Contact Info

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

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

Services Offered
  1. Stock Broking
  2. Depository Services
  3. Portfolio Management Services
  4. Corporate Agent for insurance
  5. Distributor for Mutual Funds
  • 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
Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Kotak Securities Vs Karvy Demat Account Opening Charges

  Kotak Securities Ltd Karvy Stock Broking Ltd
Demat Account Opening Fee

Nil

Nil

Demat Account AMC
  • 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 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
Advance Deposit

Nil

Nil

Kotak Securities Vs Karvy Demat Charges

  Kotak Securities Ltd Karvy Stock Broking Ltd
Dematerialisation Charges

Rs 3 per certificate plus Rs 50 per request

  • Rs 5 per certificate + Rs 40 for courier charges;
  • For BSDA Accounts: Rs 10 per certificate + Rs 50 courier charges
Rematerialisation Charges
  • Individual Account: Rs 10 for 100 shares (Minimum Payable Rs 15)
  • Corporate Account: Rs 10 for 100 shares (Minimum Payable Rs 15)

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

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  • 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).
  • 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
Pledge Creation Charges

0.05% of the value of securities Minimum Rs 30

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

Pledge Creation Confirmation Charges

0.05% of the value of securities Minimum Rs 30

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

Pledge Invocation Charges

0.05% of the value of securities Minimum Rs 30

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

Failed Instruction Charges

Nil

Rs 100 per instruction

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

Contact DP / Request A Call Back

  Kotak Securities Ltd Karvy Stock Broking Ltd
Contact broker for Demat Account related enquires:
  Kotak Securities Ltd Karvy Stock Broking Ltd
Find more info about broker
Enquire about Kotak Securities Enquire about Karvy
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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