Chittorgarh.com
Free Trading + Demat Account

Zerodha Vs Modex International Demat Account Comparison

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

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

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

Zerodha Vs Modex International

  Zerodha Modex International 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 12042900
Contact Info

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

23/26, Iiird Floor East Patel Nagar New Delhi New Delhi India-110008

Services Offered

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

DP and Stock Broking

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Zerodha Vs Modex International Demat Account Opening Charges

  Zerodha Modex International 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

1). Option A - Individuals-Rs 200 PA Corporate - Rs 1000 PA

2.. Option B - (One time) Individuals - Rs-750

3. BSDA AMC -(a) HOLDING LESS THAN 50000/ -NIL (b)HOLDING MORE THAN 50000/BUT LESS THAN 200000 - Rs 100 (C) HOLDING MORE THAN 200000 - AS APPLICABLE IN NORMAL SCHEME OPTED BY CLIENT.

Advance Deposit

₹0

Nil

Zerodha Vs Modex International Demat Charges

  Zerodha Modex International Securities Limited
Dematerialisation Charges

₹150 per certificate (+ ₹100 Courier charges)

Rs . 3 Per Certificate + courier charges

Rematerialisation Charges

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

Rs 20 Per 100 shares

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

0.03% Subject to Min. Rs 12 Per Debit Instruction

Pledge Creation Charges

₹20 + ₹12 per request (CDSL charges)

Rs 25

Pledge Creation Confirmation Charges

₹0

Rs 25

Pledge Invocation Charges

₹20

Rs 25

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.

Courier Charges: Local - Rs 15 Outstation - Rs 35 KYC Registration : Upload - Rs 60 Download: - Rs 60 DIS- Rs 30 FOR 10 LEAVES NO CHARGE FOR FIRST BOOKLET

Contact DP / Request A Call Back

  Zerodha Modex International Securities Limited
Contact broker for Demat Account related enquires:
  Zerodha Modex International Securities Limited
Find more info about broker
Enquire about Zerodha Enquire about Modex International
Compare More Demat Accounts

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.



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App