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Zerodha Vs SBI Securities Demat Account Comparison

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

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

Our Zerodha demat account comparison with SBICAP Securities Ltd highlights the major differences between two brokers. Find the best demat between Zerodha and SBI Securities.

Zerodha Vs SBI Securities

  Zerodha SBICAP Securities Ltd
Zerodha Logo SBICAP Securities Ltd 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.

SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd which is one of the oldest players in the Indian Capital Market and has a dominant position in the Indian primary capital markets. SBI Capital Markets Ltd. commenced broking activities in March 2001 to fulfill the secondary market needs of Financial Institutions, FIIs, Mutual Funds, Banks, Corporates, High Network Industry, Non-residential Investors and Retail domestic investors. SBICAP Securities Ltd. (SSL) is a company, which has been formed to take over the broking operations of SBI Capital Markets Ltd. SSL commenced operations in the first quarter of financial year of 2006-2007.

DP ID 12081600 12047200
Contact Info

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

Marathon Futurex, 12th Floor,
A & B Wing N. M. Joshi Marg, Lower Parel,
Mumbai Maharashtra India - 400013

Services Offered

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services, E-Broking and Currency Derivatives

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Zerodha Vs SBI Securities Demat Account Opening Charges

  Zerodha SBICAP Securities Ltd
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. Individual Account: Rs 750 (Rs 500 for e-statement)
Advance Deposit

₹0

Nil

Zerodha Vs SBI Securities Demat Charges

  Zerodha SBICAP Securities Ltd
Dematerialisation Charges

₹150 per certificate (+ ₹100 Courier charges)

Rs 5 per cert + Rs 35 courier charges per request

Rematerialisation Charges

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

Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity

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
  1. Through POA - 0.01% of the transaction value (Minimum of Rs 21 and Maximum of Rs 300) per ISIN
  2. Through DIS - 0.04% of the transaction value (Minimum of Rs 30) per ISIN
Pledge Creation Charges

₹20 + ₹12 per request (CDSL charges)

  1. If SSL / SBI is the counter party: 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges
  2. If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges
Pledge Creation Confirmation Charges

₹0

  1. If SSL / SBI is the counter party: 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges
  2. If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges
Pledge Invocation Charges

₹20

  1. If SSL / SBI is the counter party: 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges
  2. If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges
Failed Instruction Charges

₹50 per ISIN

Rs 10 per failed instruction.

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 SBICAP Securities Ltd
Contact broker for Demat Account related enquires:
  Zerodha SBICAP Securities Ltd
Find more info about broker
Enquire about Zerodha Enquire about SBI Securities
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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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