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1. avatar   I Like It. |Report Abuse|  Link|June 16, 2012 12:21:40 PMReply
I open account with zerodha and also having with ICICI DEMAT. As per my best knowledge while filling the account opening form there are more than 20 signature you have to do. I signed it just to have account with less brokerage for FNO,EQUITY...than others. Last week I buy 100 Equity share of BHEL and sell 50 share next day. Since
profit was less so I decided to wait for 2 more days then to sell...After two days
It was no record in my trade book of Zerodha. I make call to Zerodha customer care..they check back office and told your BHEL shares are setteled with ICICI demat account. I checked it..and found my BHEL share. BUT....problem here start when you are dealing with MONEY...This experience left some Question behind me...

1. I feel zerodha is taking care of my equity shares...but they settled it with ICICI direct..why they not clearly told while opening account. Customer care told Now if you have to sell
then you have to sell it from ICICI demat account. So will they charge their brokerage i.e. 0.75%..
if so then I have to pay approximately 187.50 instead of 20 rupee (brokerage only) for 25000 rupee
share which I have

2. Upon aksing for demat Zerodha is telling you have to fill another form for damat...what I feel during opening account that zerodha will take care of EQUITY & FNO...so why they not clear it?
..and as one of oue colleuge told Mr. M. Pawan Kumar Feb 18, 2012 , mention that
DP Charges of IL&FS are high and services are poor

3. Why Zerodha is not having own DP account ? Why with IL&FS ?

For rest of the thing it is good.