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Zerodha Vs Choice Equity Broking Demat Account Comparison

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

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

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

Zerodha Vs Choice Equity Broking

  Zerodha Choice Equity Broking Private 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.

Choice Equity is a 100% subsidiary of Choice International Ltd., a BSE Listed and RBI Regd. NBFC having pan india presence for Stock and Commodities Broking, Loan syndication, Insurance, Mutual Fund etc.

DP ID 12081600 12066900
Contact Info

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

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

Services Offered

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

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

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Zerodha Vs Choice Equity Broking Demat Account Opening Charges

  Zerodha Choice Equity Broking Private Limited
Demat Account Opening Fee

₹50 (Stamp charges payable upfront)

Nil

Demat Account AMC

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

Basic Plan: Rs 200 for Individual, Rs1000 for Corporate Life Time AMC Plan: 1500 for Individual Life Time 5000 for Corporate Life Time Zero AMC Plan : Nil for Individual with Deposit Rs 3000 Nil for Corporate with Deposit Rs 10000 Rs 1000 3 Yrs free AMC for Individual Rs 3000 3 Yrs FREE.AMC for Non-Individual

Advance Deposit

₹0

Nil

Zerodha Vs Choice Equity Broking Demat Charges

  Zerodha Choice Equity Broking Private Limited
Dematerialisation Charges

₹150 per certificate (+ ₹100 Courier charges)

Rs 25 per certifiacte or 100 securities whichever is higher

Rematerialisation Charges

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

Rs 25 per certifiacte or 100 securities whichever is higher

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

0.02% of value subject to minimum Rs 10 per transaction.

Pledge Creation Charges

₹20 + ₹12 per request (CDSL charges)

Rs 50 or 0.02% whichever is higher

Pledge Creation Confirmation Charges

₹0

Rs 50 or 0.02% whichever is higher

Pledge Invocation Charges

₹20

Rs 100 or 0.05% whichever is higher.

Failed Instruction Charges

₹50 per ISIN

Rs 10 per instruction.

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.

Contact DP / Request A Call Back

  Zerodha Choice Equity Broking Private Limited
Contact broker for Demat Account related enquires:
  Zerodha Choice Equity Broking Private Limited
Find more info about broker
Enquire about Zerodha Enquire about Choice Equity Broking
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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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