Upstox Vs Karvy Demat Account Comparison

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.

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.

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

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

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

• 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

Rs 150

Nil

Rs 150

• 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

Nil

Nil

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

• Rs 5 per certificate + Rs 40 for courier charges;
• For BSDA Accounts: Rs 10 per certificate + Rs 50 courier charges

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

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

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

• 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

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

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

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

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

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

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

Rs 50 per transaction

Rs 100 per instruction

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.

• Rs 100 per Demat Rejection
• Rs 100 per Client Modification Request
• Rs 100 per DIS Lost Request
• Rs 100 per request for physical statements