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1 Comments

1. Bank Bank   I Like It. |Report Abuse|  Link|October 10, 2019 10:12:44 PMReply
Very bad, You need to monitor a lot in the ledger to find out all other charges

Ratings:

Account Opening Charges: Online - 500/- Offline - 1000/-

Brokerage - Flat 20/- (if you choose one India plan with monthly charges of 250/- if your non axis bank) if your axis 3 in 1 account for this brokerage you need to average balance of 75000/- quarterly in your axis bank account

Account Maintenance Fees - Average (400+18%GST) yearly

Pledge of Shares: Worst, Very High Charges based on the % of shares value

Website Usability - Worst. I couldn't describe in words how bad the website

Customer Service - Okay (Long waiting)

Overall Experience - Below Average

Payout Request/Money Withdraw: Worst ,Non axis account holders need to call customer care for money withdrawal request

Advantage : Pledged shares can be used to for option selling / futures trading with out 50:50 collateral + cash requirement.

Trading Portal ease of use: Very difficult.