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Zerodha Vs Marwadi Shares Demat Account Comparison

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

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

Our Zerodha demat account comparison with Marwadi Shares and Finance Limited highlights the major differences between two brokers. Find the best demat between Zerodha and Marwadi Shares.

Zerodha Vs Marwadi Shares

  Zerodha Marwadi Shares and Finance Limited
Zerodha Logo Marwadi Shares and Finance Limited 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.

MARWADI SHARES & FINANCE LTD. "MARWADI FINANCIAL PLAZA", NANA MAVA MAIN ROAD, Off. 150 FEET RING ROAD, RAJKOT-360001.

DP ID 12081600 12035100
Contact Info

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

Marwadi Financial Plaza Nana Mava Main Road Off. 150 Feet Wide Ring Road Rajkot Gujarat India-360005

Services Offered

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Zerodha Vs Marwadi Shares Demat Account Opening Charges

  Zerodha Marwadi Shares and Finance 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 300 per year

Advance Deposit

₹0

Nil

Zerodha Vs Marwadi Shares Demat Charges

  Zerodha Marwadi Shares and Finance Limited
Dematerialisation Charges

₹150 per certificate (+ ₹100 Courier charges)

Rs 3

Rematerialisation Charges

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

Rs 25

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 15

Pledge Creation Charges

₹20 + ₹12 per request (CDSL charges)

Rs 50

Pledge Creation Confirmation Charges

₹0

Pledge Invocation Charges

₹20

Rs 50

Failed Instruction Charges

₹50 per ISIN

Rs 10

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 Marwadi Shares and Finance Limited
Contact broker for Demat Account related enquires:
  Zerodha Marwadi Shares and Finance Limited
Find more info about broker
Enquire about Zerodha Enquire about Marwadi Shares
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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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