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Zerodha Vs Asit C.Mehta Demat Account Comparison

The side-by-side comparison of Zerodha and Asit C.Mehta Demat Account. Compare Zerodha Vs Asit C.Mehta Demat account charges, AMC and Fees. Read Asit C.Mehta and Zerodha demat account review.

Find out Zerodha Vs Asit C.Mehta which is better demat account and Zerodha Vs Asit C.Mehta which is best demat account.

Our Zerodha demat account comparison with Asit C.Mehta Investment Interrmediates Limited highlights the major differences between two brokers. Find the best demat between Zerodha and Asit C.Mehta.

Zerodha Vs Asit C.Mehta

  Zerodha Asit C.Mehta Investment Interrmediates Limited
Zerodha Logo
About the Broker

Zerodha is a Bangalore based discount stock broker offering flat ₹20 per trade in Equity Cash, Equity F&O, Currency F&O and Commodities. Zerodha launched its online trading services on 15th Aug 2010 and in first 7 years Zerodha made around 7 lakhs customers.

With innovative trading platform and tools along with the cheapest brokerage, Zerodha is fastest growing financial firm in India offering stock brokerage and depository services.

Established in the year 1986, Asit C. Mehta Investment Interrmediates Ltd. (ACMIIL) is the most trusted and reputed brokerage house known for providing investment related services in the capital market, money market and depository services in India. The company has been jointly promoted by noted stock market professionals, Mr. Asit C. Mehta and Mrs. Deena A. Mehta and is a part of Mumbai-based Nucleus Group of Companies. The other group companies are engaged in commodity, derivatives, inter-bank forex broking, development of databases, back-office applications for banks, corporate document management solutions and Geographical Information Systems (GIS).

DP ID 12081600 12013200
Contact Info

No. 153/154, Ground Floor,
4th Cross, J P Nagar, 4th Phase,
Bangalore Karnataka India - 560078

Nucleus House, 3Rd Floor, Saki Vihar Road, Opp. L&T Gate No. 7, Powai Mumbai Maharashtra India-400072

Services Offered

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

Revised Tariff applicable from 01 January 2014 There are 4 tariff plans. Client must choose any plan at the time of account opening. Plan-I Invest Wise Rs 500/-, 60 free transactions for the calendar year. Plan-II Invest Lite Rs 1000/-, 150 free transactions for the calendar year. Plan-III Invest Pro Rs 2500/- , 350 free transactions for the calendar year. Plan-V Invest New Rs.250/-, 10 free transactions. Service tax and other levies will be collected in addition to plan charges as per applicable rate.

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Zerodha Vs Asit C.Mehta Demat Account Opening Charges

  Zerodha Asit C.Mehta Investment Interrmediates Limited
Demat Account Opening Fee

₹50 (Stamp charges payable upfront)

Statutory stamp Duty charges or other regulatory charges (if any) on actual

Demat Account AMC

Individuals/Non Individual (except Corporate) - ₹300 + GST
Non Individual - Corporate - ₹1000

NIL

Advance Deposit

₹0

NIL

Zerodha Vs Asit C.Mehta Demat Charges

  Zerodha Asit C.Mehta Investment Interrmediates Limited
Dematerialisation Charges

₹150 per certificate (+ ₹100 Courier charges)

NIL

Rematerialisation Charges

₹150 per certificate + CDSL charges + ₹100 Courier charges

NIL

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  • Market Trades: ₹8 + ₹5.5 (CDSL charges)
  • Off-Market Trades: 0.03% of ₹25 whichever is higher

Transaction Charges : Sell Side Rs 25 & for Off market and Inter DP trades Rs 40 (for every Trade above free trade as per plan selected by client) plus applicable rate of service tax.

Pledge Creation Charges

₹20 + ₹12 per request (CDSL charges)

NIl

Pledge Creation Confirmation Charges

₹0

NIl

Pledge Invocation Charges

₹20

NIl

Failed Instruction Charges

₹50 per ISIN

NIl

Other Charges
  • Cheque Bounce: ₹350
  • Physical Statement - ₹50 (+Courier charges at actual)
  • Modification in CML - ₹25 per request
  • KRA Upload / Download - ₹50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

NIl

Contact DP / Request A Call Back

  Zerodha Asit C.Mehta Investment Interrmediates Limited
Contact broker for Demat Account related enquires:
  Zerodha Asit C.Mehta Investment Interrmediates Limited
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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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