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Zerodha Vs Mansukh Demat Account Comparison

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

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

Our Zerodha demat account comparison with Mansukh Stock Brokers Limited highlights the major differences between two brokers. Find the best demat between Zerodha and Mansukh.

Zerodha Vs Mansukh

  Zerodha Mansukh Stock Brokers 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.

A leading broker and leading Depository Participant of India.

DP ID 12081600 12016400
Contact Info

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

Mansukh House Plot No.6, Opp. Mother Diary Pandav Nagar, New Delhi Delhi India-110092

Services Offered

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

Member- Bombay Stock Exchange Depository Participant- CDSL

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Zerodha Vs Mansukh Demat Account Opening Charges

  Zerodha Mansukh Stock Brokers 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

Rs 200 Annual OR one time Rs 1500 as refundable security deposit in lieu of AMC OR one time non refundable payment of Rs 999 in lieu of AMC

Advance Deposit

₹0

Nil

Zerodha Vs Mansukh Demat Charges

  Zerodha Mansukh Stock Brokers Limited
Dematerialisation Charges

₹150 per certificate (+ ₹100 Courier charges)

Rs 3 per certificate Couriier Charges Rs 25 Per scrip

Rematerialisation Charges

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

Rs 20 per request Rs 15 request if client opt for refundable security and one time amc plan Couriier Charges Rs 25 Per scrip

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 Transaction value subject to minimum Rs 12 & maximum Rs 20 Rs 15 per transaction if client opt for non refundable one time charges of Rs 999 scheme

Pledge Creation Charges

₹20 + ₹12 per request (CDSL charges)

Rs 50 per request (Rs 35 in case of client opted for security deposit scheme or one time charges scheme)

Pledge Creation Confirmation Charges

₹0

Nil

Pledge Invocation Charges

₹20

Rs 25 per request

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.

1.BO details modification charges Rs 20

2. Rs 50 kyc registration charges

3. instruction book charrges Rs 10 for 10 leaves booklet.

4. additional statement Rs 10 per page +25 postage charges.

Contact DP / Request A Call Back

  Zerodha Mansukh Stock Brokers Limited
Contact broker for Demat Account related enquires:
  Zerodha Mansukh Stock Brokers Limited
Find more info about broker
Enquire about Zerodha Enquire about Mansukh
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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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