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Zerodha Vs Maverick Demat Account Comparison

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

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

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

Zerodha Vs Maverick

  Zerodha Maverick Share 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.

DP ID 12081600 12036600
Contact Info

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

214, Laxmi Complex M.I.Road Jaipur Rajasthan India-302001

Services Offered

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

Depository Services

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Zerodha Vs Maverick Demat Account Opening Charges

  Zerodha Maverick Share 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

Scheme A: Rs 225 (Per Year) Life Time: Rs 899 (One Time) BSDA: Nil (Taxes and other government levies extra as applicable from time to time)

Advance Deposit

₹0

NIL

Zerodha Vs Maverick Demat Charges

  Zerodha Maverick Share Brokers Limited
Dematerialisation Charges

₹150 per certificate (+ ₹100 Courier charges)

Rs 20 Plus Rs

3.00 per certificates subject to Max. of Rs 250

Rematerialisation Charges

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

Rs 25 per certificate on & above CDSL Charges

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

On Market:- Scheme A: Rs 11 Life Time: Rs 15 BSDA: Rs 35 Off Market:- Scheme A: Rs 20 Life Time: Rs 25 BSDA: Rs 35

Pledge Creation Charges

₹20 + ₹12 per request (CDSL charges)

Rs 50 per ISIN

Pledge Creation Confirmation Charges

₹0

Nil

Pledge Invocation Charges

₹20

Rs 50 per ISIN

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.

DIS Book:- Scheme A: Rs 10 Life Time: Rs 30 BSDA: Rs 50 Courier Charges: Rs 20 (Not applicable for electronic mode)

Contact DP / Request A Call Back

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