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IDBI Capital Stock Trading, Demat, Brokerage and Reviews 2022


31.93% 66,639 Clients

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India.

IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder).

IDBI Capital offers 2 unique products EQUITY SIP and ENCASH to the customers.

  • EQUITY SIP-  It is a Systematic Investment Plan wherein a fixed amount can be invested in select stocks every month. IDBI customers can choose from two types of SIP - Amount Based and Quantity Based-
    • Amount based SIP - In this, you can invest a fixed amount in stocks of your choice at a predefined frequency and term. You can choose up to 10 scrips.
    • Quantity based SIP - This option allows you to buy a certain number of shares of a company. You can choose up to 5 such scrips to purchase.
  • ENCASH- It allows customers to get the sales proceeds credited to their account on the trading day instead of normal T+2 settlement day. The facility is available only on the shares available in the customer's Demat account.

The company has a net worth of over Rs 3 billion. It has a good physical presence across India.  It has 19 branches, spread over 14 cities across India, and a vast network of Business Associates. IDBI customers can visit any of these branch offices to get various services and trading assistance.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

IDBI Capital Charges 2022

IDBI Capital offers 2 brokerage plans to suit the varied needs of the traders-

  • Card Rate Plan- In this plan, the brokerage is charged as a percentage of the trade value.
  • Ace Trader Plan- In this plan, the brokerage is charged as a percentage of the trade value. However, the percentage charged depends on the monthly trade turnover.

IDBI Capital Brokerage Charges 2019

  • Trading Account Opening Charges (One Time)- Rs 500
  • Trading Annual maintenance charges (AMC)
  • Demat Account Opening Charges (One Time)-
  • Demat Account Annual Maintenance Charges(AMC)-

IDBI Capital Trading Brokerages

IDBI Card Rate Plan

Delivery Brokerage (per leg)

0.50%

Square-off Brokerage (Per leg)

0.05%

Futures Brokerage (Per leg)

0.05%

Options Brokerage (Per lot Per leg)

Rs 100

IDBI Ace Trader Plan

Delivery Trading

Total Eligible Turnover per month

Brokerage each leg (%)

Up to Rs 2,00,000

0.50

Rs 2,00,001-Rs 5,00,000

0.45

Rs 5,00,001- Rs 10,00,000

0.40

Rs 10,00,001- Rs 20,00,000

0.35

Rs 20,00,001- Rs 40,00,000

0.30

Rs 40,00,001- Rs 1,00,00,000

0.25

Rs 1,00,00,001-Rs 5,00,00,000

0.20

Rs 5,00,00,001- Rs 10,00,00,000

0.15

Above Rs 10,00,00,000

0.10

Intraday Trading

Total Eligible Turnover per month

Brokerage each leg (%)

Up to Rs 2,00,00,000

0.050

Rs 2,00,00,001 - Rs 4,00,00,000

0.045

Rs 4,00,00,001- Rs 6,00,00,000

0.040

Rs 6,00,00,001 - Rs 8,00,00,000

0.035

Rs 8,00,00,001 - Rs 10,00,00,000

0.030

Rs 10,00,00,001 and above

0.020

Futures Trading

Total Eligible Turnover per month

Brokerage each Leg (%)

Up to Rs 2,00,00,000

0.048

Rs 2,00,00,001- Rs 5,00,00,000

0.040

Rs 5,00,00,001- Rs 10,00,00,000

0.035

Rs 10,00,00,001 & above

0.020

Visit IDBI Capital Brokerage Charges Review for more detail.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


IDBI Capital Online Account Opening

For Online Stock Trading with IDBI, the investor needs to open 3 accounts; IDBI Bank Account, IDBI Capital Trading Account and IDBI Demat Account (DP Account).

Note: If you already have a bank account or demat account with IDBI, you could link it with new IDBI trading account.

Opening trading account with IDBI is easy. You could use one of the following options to open an account with IDBI.

  • Visit IDBI website and fill the 'Open an Account' form.
  • Call IDBI and tell them that you are interested in opening an account with them.

In both the cases IDBI representative contact you in a day or two and tell you about the procedure to open the account. They usually send somebody to your home to collect documents, signature and for a demo, if required.


IDBI Capital Trading Software (IDBI Capital Trading Platforms)

IDBI Capital offers stock trading services through online and offline modes. For online trading, the customers have the flexibility to choose between desktop, mobile and web platforms. IDBI provides following trading platforms to its customers-

  1. Website Trading (www.idbidirect.in)
  2. INFINITY
  3. IDBIdirect (Mobile Trading App)

In addition to online trading, IDBI customers can also use offline trading services like- 

  • Dealer assisted trading
  • Call & Trade

 

Visit IDBI Capital Trading Software Review for more detail.

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

IDBI Capital Pros and Cons


IDBI Capital Pros (Advantages)

The following are the advantages of IDBI Capital. You must read IDBI Capital advantages and disadvantages before opening an account with IDBI Capital. IDBI Capital pros and cons help you find if it suits your investment needs.

  1. IDBI Capital offers 3-in-1 account wherein your trading, demat and bank account are linked to each other. You can link savings account maintained with IDBI Bank, HDFC Bank, Axis Bank, ICICI Bank, PNB, Vijaya Bank, OBC, Union Bank of India, Karur Vysya Bank & Lakshmi Vilas Bank with the trading account. However, to avail a 3-in-1 account, you must have a savings account with IDBI/HDFC Bank/Axis Bank/ICICI Bank.
  2. Strong research services
  3. Facility to invest in equities, F&O, Mutual Funds etc. from a single platform.
  4. Offers both online and offline trading services
  5. Brokerage plans for both low volume and high volume traders
  6. Call & Trade and Dealer assisted trading services

IDBI Capital Cons (Disadvantages)

The following are the cons of IDBI Capital. Check the list of IDBI Capital drawbacks.

  1. IDBI Capital doesn't offer trading services in commodity trading. You cannot trade in MCX or NCDEX.
  2. Brokerage charges are high

IDBI Capital Margin Exposure

IDBI Capital margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. IDBI Capital F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for IDBI Capital F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure)1x

IDBI Capital Ratings

Overall Rating Rated 2.6 stars 2.6/5
Fees Rated 3.2 stars 3.2/5
Brokerage Rated 2.5 stars 2.5/5
Usability Rated 2.6 stars 2.6/5
Customer Service Rated 2.8 stars 2.8/5
Research Capabilities Rated 2.5 stars 2.5/5

Based on 41 Votes by IDBI Capital Customers

Do you trade with IDBI Capital? Rate IDBI Capital


IDBI Capital Complaint

The number of IDBI Capital customer complaint received by the exchanges. The IDBI Capital consumer complaint report helps understanding the IDBI Capital Markets and Securities Ltd quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2022-23 70,804 4 0.01%
NSE 2021-22 66,639 39 0.06%
BSE 2021-22 11,051 5 0.05%
NSE 2020-21 50,510 61 0.12%
NSE 2019-20 51,591 15 0.03%
BSE 2019-20 9,059 10 0.11%
NSE 2018-19 39,926 19 0.05%
NSE 2017-18 35,362 18 0.05%
BSE 2017-18 12,188 6 0.05%
NSE 2016-17 24,991 12 0.05%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit IDBI Capital Complaints at BSE, NSE and MCX for detail report.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


76 Comments

76. Nalini Singh   I Like It. | Report Abuse |   Link | Apr 8, 2022 12:58:51 PM Reply
I like transparency of Demat Account, transfer of money from bank account to trading account. I dislike that there is Relationship manager, no one you can complain when there is problem, sometime trading site will not work, IPO allotted shares will come late.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
75. man mohan kaur   I Like It. | Report Abuse |   Link | Jul 11, 2021 7:05:08 AM Reply
brokerage charges for delivery based trading are too high as compared to other brokerage firms and i am always tempted to shift by trading account to my other bank of IDFC First bank where the charges are too low. Bank should also personal manager service

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Average
Overall Experience - Below Average
74. Kapil Tandon   I Like It. | Report Abuse |   Link | May 29, 2021 8:54:16 PM Reply
Horrible linkage, joke of a customer service and exorbitant charges!

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Below Average
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
73. Mamta Gulabchand Raika   I Like It. | Report Abuse |   Link | Feb 18, 2016 4:28:15 PM Reply
They also did with me I bought 6 lac shares @ 0.10 and they charged me 0.04 as brokerage about 40% of Share value. At the time of opening of account they said max brokerage will be 0.25%-0.30% .

They are taking money from the pocket of the customers.

I will close my all account with IDBI all current account /Demat account/ Capital account/ FD account.

we are not fool to pay 40% commission on purchase and if again need to sale on Rs.0.10 again have to pay 40% commission Rs.0.04 that mean you are gifting your money to IDBI.

not trust worthy.
73.1. N   I Like It. | Report Abuse |   Link | Mar 7, 2017 6:57:28 AM
hi..so which do you recommend is the best or better for now? thanks any reply will be appreciated
73.2. Raju   I Like It. | Report Abuse |   Link | May 21, 2021 8:17:27 AM
Mee too brother..
Its looted our money
72. Birajkumar M. Desau   I Like It. | Report Abuse |   Link | Sep 18, 2020 5:41:29 PM Reply
Recently bank has charging its existing clients Rs.30 plus 18%GST which amounts to Rs. 35.4 per transaction but was not communicated with their customers and grave situation is IDBI bank and IDBI capital staff has no idea and debits raised are random without giving details of the particular transaction. Customers got to learn after 4/5 months of debits and couldn't figure out against what transactions charges are debited. No staff is having sufficient knowledge of the raised charges. The most annoying customers are not intimated prior their practicing the charges. Almost 2 more months left but no proper informations are conveyed to the customer in spite of raising multiple inquiries. As such before practicing such charges they got to intimate customers so they can carry out transactions considering additional cost towards purchase and sales. I strongly feels bank should revert these raised charges and circulate letters to existing customers and then can begin charging their customers.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor
71. T R Gupta   I Like It. | Report Abuse |   Link | Sep 7, 2017 12:04:06 PM Reply
i am satisfied user/customer of IDBI Capital since last 9 years

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
70. Nils   I Like It. | Report Abuse |   Link | Apr 16, 2018 7:16:06 PM Reply
Website is not running properly

Ratings:

Brokerage - Average
Account Maintenance Fees - Above Average
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Below Average
69. BHUKHAN LAL DEWANGAN PAN   I Like It. | Report Abuse |   Link | Apr 13, 2020 6:59:45 PM Reply
Opened dmate ac.ucc no issued. Login id not recd. 15 days passed. Help line nos not attended..sent e-mails fail.concered bank personal not available.
68. anand chavan   I Like It. | Report Abuse |   Link | Aug 10, 2018 4:58:22 PM Reply
OVERALL GOOD EXPERIANCE

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Above Average
67. Kunal Mondal   I Like It. 1 | Report Abuse |   Link | Oct 28, 2017 10:27:41 PM Reply
Mobile app does not properly...customer service is worst...website is absolutely faltu

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
66. Fake Nath   I Like It. | Report Abuse |   Link | Jun 6, 2017 11:01:54 PM Reply
Fake... Very Bad

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
65. Vikas Panchal   I Like It. | Report Abuse |   Link | Feb 2, 2017 6:44:52 PM Reply
I have already a demate account in IDBI but the account is blocked/Deactive due to not used for long time. Now how I can activate it again
64. xyz   I Like It. | Report Abuse |   Link | Dec 30, 2016 1:40:47 PM Reply
Application is not at all user friendly. Customer care is worst.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
63. Sulthan   I Like It. | Report Abuse |   Link | Nov 26, 2016 12:14:13 AM Reply
NEED TO IMPROVE WEBSITE (NOT TRADING WEBSITE) BUT IDBI DIRECT WEBSITE AND APP

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Above Average
Overall Experience - Above Average
62. Rupesh   I Like It. | Report Abuse |   Link | Feb 29, 2016 11:55:58 PM Reply
Like many others I too have a very bad experience with IDBI Capital Patna,Bihar
I have filled the form and given cheque on 1st Feb 2016 the cheque amount was cleared on 3rd feb but till today my trading account has not opened and it''s 29th Feb 2016 today

I prefer others not to Go with IDBI Capital
there service is very poor
M regretting now
61. nageswar   I Like It. | Report Abuse |   Link | Dec 19, 2015 8:19:16 PM Reply
WORST ONE

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Above Average
Overall Experience - Very Poor
60. Prashant   I Like It. | Report Abuse |   Link | Aug 4, 2015 3:10:27 PM Reply
worst service...many times problem with OFS,IPO application...not user friendely website...poor,illogical & idiot responce from custmer care..fedup with this...i m using both ICICI & IDBI..ICICI is expensive but superb website...
59. VIDYASAGAR SINGHA   I Like It. | Report Abuse |   Link | Oct 30, 2014 2:29:17 PM Reply
I have applied for demat account on 27.09.2014 and given a cheque of Rs.700/- which was encashed on 17th october,I was told that your account will be opened in 10-15 days but till now I have recieved no intimation.VERY BAD EXPERIENCE WITH IDBI CAPITAL PURULIA BRANCH
58. Sagar   I Like It. | Report Abuse |   Link | Sep 8, 2014 11:31:10 AM Reply
web trading is very poor, session expire within 2 to 3 minute after log in,
57. MUKESH   I Like It. | Report Abuse |   Link | Aug 5, 2014 12:58:20 PM Reply
Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

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