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Zerodha Vs India Advantage Demat Account Comparison

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

Find out Zerodha Vs India Advantage which is better demat account and Zerodha Vs India Advantage which is best demat account.

Our Zerodha demat account comparison with India Advantage Securities Private Limited highlights the major differences between two brokers. Find the best demat between Zerodha and India Advantage.

Zerodha Vs India Advantage

  Zerodha India Advantage Securities 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.

India Advantage Group Of Companies Member Of: BSE, NSE & CDSL DP

DP ID 12081600 12042000
Contact Info

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

4Th Floor, Om Plaza Vasanji Lalji Road Opp.Kandivli Stn, Kandivli (W) Mumbai Maharashtra India-400067

Services Offered

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

Broking Firm & CDSL DP

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Zerodha Vs India Advantage Demat Account Opening Charges

  Zerodha India Advantage Securities Private Limited
Demat Account Opening Fee

₹50 (Stamp charges payable upfront)

Rs 510 (Franking of POA)

Demat Account AMC

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

Rs 290 P.A. (Individual) Rs 1000 P.A. (Non-Individual)

Advance Deposit

₹0

NIL

Zerodha Vs India Advantage Demat Charges

  Zerodha India Advantage Securities Private Limited
Dematerialisation Charges

₹150 per certificate (+ ₹100 Courier charges)

Rs 3 per certificate with min.Rs 25

Rematerialisation Charges

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

Rs 10 per request per lot

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

Rs 16-per ISIN / If other then POA Pay In Pay out charges will be Rs 50 per ISIN

Pledge Creation Charges

₹20 + ₹12 per request (CDSL charges)

0.02%(min Rs 25 per ISIN)

Pledge Creation Confirmation Charges

₹0

0.02%(min Rs 25 per ISIN)

Pledge Invocation Charges

₹20

0.02%(min Rs 25 per ISIN)

Failed Instruction Charges

₹50 per ISIN

Rs 25 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 India Advantage Securities Private Limited
Contact broker for Demat Account related enquires:
  Zerodha India Advantage Securities Private Limited
Find more info about broker
Enquire about Zerodha Enquire about India Advantage
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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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