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Sharekhan Vs Choice Broking Demat Account Comparison

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

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

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

Sharekhan Vs Choice Broking

  Sharekhan Choice Broking
Sharekhan Logo Choice Equity Broking Private Limited Logo
About the Broker

Sharekhan is leading stock broker and financial product distributor in India. With wide network of branches, sub-brokers and franchise, Sharekhan is among the top 3 largest stock broker in India by number of customers.

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 12036000 12066900, IN301895
Contact Info

Lodha, I - Think,Techno Campus 10Th Flr,
Beta Bldg, Off Jvlr Kanjurmarg (East),
Mumbai, Maharashtra India 400042

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

Services Offered

Demat Account Services:

Account opening demat, remat, repurchase, redemption account transfer instructions, client master changes freezing, de-freezing, account closing transmission, pledge creation, closure, invocation, stock lending & borrowing easi & easiest

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

Find more info about broker
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Sharekhan Vs Choice Broking Demat Account Opening Charges

  Sharekhan Choice Broking
Demat Account Opening Fee

Actual Stamp Paper Charges

Nil

Demat Account AMC

Scheme A: Rs 400,
Scheme B: Rs 500,
Scheme C: Rs 350,
Scheme D: Nil,
Scheme E: Rs 100,
Scheme F: Rs 500,
Scheme H: Rs 1000,
Scheme G: Nil(holding Value <= Rs 50000) or 100(holding Value from Rs 50001 to Rs 200000)or 400(holding Value >Rs 200000)

Scheme A, C, E & H: Free for the 1st Year.

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

Rs. 500 Advance which will be adjusted against billing (Optional)

Tariff D - Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)

Nil

Open Sharekhan Account

Sharekhan Vs Choice Broking Demat Charges

  Sharekhan Choice Broking
Dematerialisation Charges

Rs 5 per certificate (Min Rs 50 per request for Tariff A,B,C,D,E,F & H) (Min Rs 100 per request for Tariff G )

₹25 per certificate

Rematerialisation Charges

Rs 50 per certificate or Rs 50 for every hundred securities

₹25 per 100 Securities or 0.04% whichever is higher

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  1. Scheme A & B: Sales through Sharekhan: Rs 0 Else 0.03% of value of tran(min Rs 30),
  2. Scheme C & D: Sales through Sharekhan Rs 6 Per tran Else 0.03% of value of tran(min Rs 30),
  3. Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min Rs
  4. 29,H:min Rs 30) Else 0.03% of value of tran(min Rs 49),
  5. Scheme F: 0.03% of value of tran(min Rs 30),
  6. Scheme G: 0.03% of value of tran(min Rs 49)

₹10per transaction + GST

Pledge Creation Charges

0.03 % of the value of the Transaction (Min Rs 100 per transaction)

₹50 or 0.02% whichever is higher + GST

Pledge Creation Confirmation Charges

Nil

Pledge Invocation Charges

Nil

₹100 or 0.05% whichever is higher + GST

Failed Instruction Charges

Nil

₹10 per instruction + GST

Other Charges
  1. Freeze /De-freeze - Rs 25 per request
  2. Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum Rs 100)
  3. Client Master changes Rs 30 per request for Tariff G

Additional request for every DIS Booklet: ₹100.

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Contact Broker / Request A Call Back

  Sharekhan Enquire Choice Broking Enquire
Contact Broker

Sharekhan Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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