Unlimited Trading @ Rs 899 per month - Prostocks

Upstox Vs Destimoney Demat Account Comparison

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

Find out Upstox Vs Destimoney which is better demat account and Upstox Vs Destimoney which is best demat account.

Our Upstox demat account comparison with Destimoney Securities Private Limited highlights the major differences between two brokers. Find the best demat between Upstox and Destimoney.

Upstox Vs Destimoney

  Upstox Destimoney
Upstox Logo
About the Broker

Upstox (formally RKSV) is among the leading online stock brokers in India offering low cost discount stock, current derivatives & commodity broking services at BSE, NSE and MCX. Upstox offering its retail broking services since Jan 2012.

Destimoney Securities Pvt. Ltd. is a member of the Bombay Stock Exchange, National Stock Exchange and offers depository services to its clients through CDSL.

DP ID 12081800 12045500
Contact Info

Sunshine Tower, 30 Floor,
Senapati Bapat Marg, Dadar (West),
Mumbai, Maharashtra, India 400013

6Th Floor, A Wing Tech Web Centre, New Link Road Oshiwara, Jogeshwari-West Mumbai Maharashtra India-400102

Services Offered

Stock Broking and Depository Participants (DP) Services though its memberships with the NSE, BSE, MCX and CDSL.

Demat Account Enquiry Request Callback Request Callback

Upstox Vs Destimoney Demat Account Opening Charges

  Upstox Destimoney
Demat Account Opening Fee

Rs 150

At actuals

Demat Account AMC

Rs 150

Rs 240 (Per Annum) For Individuals (payable in advance on an anniversary basis) Rs 750 (Per Annum) For Corporate - Yearly Pro-rata basis

Advance Deposit

Nil

NIL

Upstox Vs Destimoney Demat Charges

  Upstox Destimoney
Dematerialisation Charges

Rs 2.00 per certificate plus courier charges of Rs 35 per demat request

Rs 5 per certificate plus Rs 25 per request

Rematerialisation Charges

Rs 25 per certificate or 0.05% of the value whichever is higher.

Rs 12 per 100 securities or part quantity or Rs 12 per cert. whichever is higher Plus Rs 25 per Request Restat SOA / Redemption 1) For conversion of MF units into SOA (stmt of a/c)

2.For redemption of MF units 0.04% of redemption value OR Rs 20 per transaction whichever is higher

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

0.04% of the market value of securities subject to a minimum of Rs 20 per request (Whichever is higher)

Pledge Creation Charges

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

0.04% of the market value of securities subject to a minimum of Rs 30 per request (Whichever is higher)

Pledge Creation Confirmation Charges

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

NIL

Pledge Invocation Charges

0.05% of the transaction charges subject to a minimum of Rs 50

0.04% of the market value of securities subject to a minimum of Rs 30 per request (Whichever is higher)

Failed Instruction Charges

Rs 50 per transaction

NIL

Other Charges
  1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
  2. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges.
  3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

NIL

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  Upstox Destimoney
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  Upstox Destimoney
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