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Zerodha Vs Mangal Keshav Demat Account Comparison

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

Find out Zerodha Vs Mangal Keshav which is better demat account and Zerodha Vs Mangal Keshav which is best demat account.

Our Zerodha demat account comparison with Mangal Keshav Securities Limited highlights the major differences between two brokers. Find the best demat between Zerodha and Mangal Keshav.

Zerodha Vs Mangal Keshav

  Zerodha Mangal Keshav Securities 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.

DP ID 12081600 12024700
Contact Info

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

501 Heritage Plaza J.P. Road, Opp Indian Oil Colony, Andheri (W) Mumbai Maharashtra India-400053

Services Offered

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

ALL DP SERVICES

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Zerodha Vs Mangal Keshav Demat Account Opening Charges

  Zerodha Mangal Keshav Securities 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

Scheme A: Rs 750 Individual Scheme B: Rs 199 Individual Scheme C: Rs 500 NRI Scheme D: Rs 199 Plus CDSL Charges

Advance Deposit

₹0

Deposit Scheme: Rs.1000/-, where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunde

D.

Zerodha Vs Mangal Keshav Demat Charges

  Zerodha Mangal Keshav Securities Limited
Dematerialisation Charges

₹150 per certificate (+ ₹100 Courier charges)

Rs 150 INCLUSIVE OF COURIER CHARGES + Rs 100 PER CERTIFICATE

Rematerialisation Charges

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

Upfront Rs 150 plus CDSL Charges INCLUSIVE OF COURIER CHARGES + Rs 100 PER CERTIFICATE

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

0.05% ON THE VALUE OF THE DEBIT TRANSACTION WITH MINIMUM Rs 100

Pledge Creation Charges

₹20 + ₹12 per request (CDSL charges)

CHARGES CHARGED BY THE DEPOSITORY + 0.02% ON THE VALUE OF THE APPLICATION

Pledge Creation Confirmation Charges

₹0

NIL

Pledge Invocation Charges

₹20

CHARGES CHARGED BY THE DEPOSITORY + 0.02% ON THE VALUE OF THE APPLICATION

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 Mangal Keshav Securities Limited
Contact broker for Demat Account related enquires:
  Zerodha Mangal Keshav Securities 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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