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Sharekhan Stock Trading, Demat, Brokerage and Reviews 2024


671,884 Clients

Zerodha (Flat Rs 20 Per Trade)

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.

Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices).

Designed for serious Investors and Traders, who believe in conducting serious research and analysis and adhering to serious discipline, Sharekhan’s full-service model consists of an expert Research team, experienced Relationship Managers, a wide network of branches, information-packed trading and investing platforms and educational modules.

The company’s primary products include trading for Equity, Derivatives, Currencies, and Commodities as well as investments in IPOs, Mutual Funds, Insurance, Bonds, and NCDs. Sharekhan also offers margin funding, portfolio management services, and NRI services.

It also provides unique and personalised solutions for Active Traders and Active Investors such as Trading Products, Leverage and Research Ideas as well as Baskets and PMS. For Newcomers, it also offers ROAR, an onboarding program, Sharekhan Classroom, a learning program and Sharekhan Foresight with sessions by renowned speakers.

Sharekhan charges a fee of 0.30% on the market rate or a minimum of 1 paisa per share for Equity Delivery trades and 0.02% on the market rate or a minimum of 1 paisa per share for trades.

Sharekhan has been a subsidiary of BNP Paribas since November 2016. Sharekhan has a core research team of 12 members for fundamental equity research with wide coverage on +215 stocks across sectors and market caps. Its extensive research coverage also includes regularly published recommendations, stock tips, quarterly analyses of company results and news alerts to its clients via email, SMS and Sharekhan.com. Sharekhan also has an excellent knowledge centre on its website to help stock and commodity market investors to take well-informed decisions.

Education is a core pillar of how Sharekhan wants to help both newcomers and experienced customers understand trading and investing seriously. The company also offers both zero-cost and paid online and classroom seminars/workshops for investors. Each Sharekhan account is serviced online and in person by a Sharekhan representative.

Key features of Sharekhan:

  • A full-service broking firm for share market investment.
  • Registered with NSE and BSE for capital market, futures and options and currency segments and with CDSL and NSDL for depository services.
  • Trading platforms: Website (www.sharekhan.com), TradeTiger, Sharekhan App and InvesTiger App.
  • A strong network with 4240 franchisees and 131 branches in 1010 cities.
  • Research-based financial advisory services.
  • Share market investment training courses for investors and traders.
  • Brokerage fee of 0.30% or 1 paisa per share for Equity Delivery.
  • Equities, Futures & Options Trading, Portfolio Management, Research, Mutual Funds, and Investor Education Services.

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

Account Types

Classic Account

Allow investors to buy and sell stocks online along with the following features like multiple watch lists, Integrated Banking, demat and digital contracts, Real-time portfolio tracking with price alerts and Instant credit & transfer.

  1. Online trading account for investing in Equities and Derivatives
  2. Free trading through Phone (Dial-n-Trade)
    1. Two dedicated numbers for placing your orders with your cellphone or landline.
    2. Automtic funds transfer with phone banking (for Citibank and HDFC bank customers)
    3. Simple and Secure Interactive Voice Response based system for authentication
    4. get the trusted, professional advice of our telebrokers
    5. After hours order placement facility between 8.00 am and 9.30 am
  3. Integration of: Online trading + Bank + Demat account
  4. Instant cash transfer facility against purchase & sale of shares
  5. IPO investments
  6. Instant order and trade confirmations by e-mail
  7. Single screen interface for cash and derivatives

TradeTiger Account

This is a net based executable application for active traders who trade frequently during the day's trading session. Following are few popular features of Trade Tiger account.

  1. A single platform for multiple exchange BSE & NSE (Cash & F&O), MCX, NCDEX
  2. Multiple Market Watch available on Single Screen
  3. Hot keys similar to a traditional broker terminal
  4. Tie-up with 12 banks for online transfer of funds
  5. Different tools available to gauge the market such as Tick Query, Ticker, Market Summary, Action Watch, Option Premium Calculator, Span Calculator
  6. Graph Studies are available including Average, Band- Bollinger, Know SureThing, MACD, RSI, etc

Sharekhan Charges 2024

Like any full-service broker, Sharekhan, too, charges certain fees for Trading Account and Demat Account Maintenance. For Trading Accounts, too, there are the usual brokerage charges and fees that are charged for trades and transactions.

Account Opening Fees & Annual maintenance charges (AMC)

  • Trading Account Opening Charges (One Time): Rs 0 (Free)
  • Trading Annual maintenance charges (AMC): Rs 0 (Free)
  • Demat Account Opening Charges (One Time): Rs 0(Free)
  • Demat Account Annual Maintenance Charges (AMC): Rs 400 (Free for 1st year with a trading account.)

Sharekhan Trading Brokerages Charges:

  • Equity Cash Intra-day Trades: 0.02% on market rate or minimum 1 paisa per share (each side).
  • Equity Delivery Trades: 0.30% on market rate or minimum 1 paisa per share.
  • Futures brokerage (across Equity, Commodity & Currency): 0.02% per transaction value (each side).
  • Equity Options:: Rs 20 per lot (each side)
  • Currency Future: 0.01% per transaction value (each side).
  • Currency Options: Rs 5 per lot (each side).
  • Commodity Options: Rs 20 per lot (each side)
  • Commodity Futures: 0.02% per transaction value (each side)

Note: *Statutory costs will be applicable as per Exchange guidelines.

Sharekhan Minimum Brokerage Fee:

  1. For Intraday Trades: Sharekhan charges minimum brokerage of 1 paise per share. This means that while doing Intraday trading if the share price you trade in is Rs 10 or less, a minimum brokerage of 1 paise per share will be charged.

  2. For Delivery-Based Trades: Sharekhan charges a minimum brokerage fee of 1 paise per share. This means; that for delivery-based trades minimum brokerage is 0.30% on the market rate or a minimum of 1 paisa per share

  3. Minimum DP charges: Minimum brokerage less than Rs 21, then the difference between brokerage charge +18% GST will be applicable as DP charges. This is applicable only for Sales Trade.

Sharekhan Post Paid Plans

Sharekhan offers the following post-paid plans. To avail the offer, the customer has to deposit the margin money with Sharekhan based on the plan that has been chosen. The brokerage reduces as the margin of money is HIGH.

  Equity Cash Future Options
Margin Scheme Leg 1 Leg 2 Delivery Leg 1 Leg 2 (same day) Leg 2 (next day) Option (whichever is higher)
25,000 0.10% 0.10% 0.50% 0.10% 0.02% 0.10% 2.50% or Rs 100 per lot
30,000 0.10% 0.00% 0.50% 0.10% 0.00% 0.10% 2.50% or Rs 100 per lot
40,000 0.09% 0.00% 0.45% 0.09% 0.00% 0.09% 2.25% or Rs 95 per lot
50,000 0.07% 0.00% 0.40% 0.07% 0.00% 0.07% 1.50% or Rs 80 per lot
1 Lakh 0.05% 0.00% 0.25% 0.05% 0.00% 0.05% 1.00% or Rs 70 per lot
3 Lakh 0.04% 0.00% 0.20% 0.04% 0.00% 0.04% 1.00% or Rs 50 per lot
5 lakhs 0.03% 0.00% 0.18% 0.03% 0.00% 0.03% 0.75% or Rs 40 per lot
10 Lakhs 0.02% 0.00% 0.15% 0.02% 0.00% 0.02% 0.60% or Rs 30 per lot
20 Lakhs 0.015% 0.00% 0.10% 0.015% 0.00% 0.015% 0.55% or Rs 25 per lot

Sharekhan Pre Paid Plans

Sharekhan offers the following pre-paid brokerage plans. The plans are available for 6 months and 1 year as shown below:

    Equity Cash Future Options
Amount (Rs) Period Leg 1 Leg 2 Delivery Leg 1 Leg 2 (same day) Leg 2 (next day) Option (whichever is higher)
750 6 months 0.10% 0.00% 0.50% 0.10% 0.00% 0.10% 2.50% or Rs 250 per lot
1000 6 months 0.09% 0.00% 0.45% 0.09% 0.00% 0.09% 2.25% or Rs 238 per lot
2000 12 months 0.07% 0.00% 0.40% 0.07% 0.00% 0.07% 1.50% or Rs 200 per lot
6000 12 months 0.05% 0.00% 0.25% 0.05% 0.00% 0.05% 1.00% or Rs 175 per lot
10000 12 months 0.045% 0.00% 0.22% 0.045% 0.00% 0.045% 1.00% or Rs 150 per lot
18000 12 months 0.04% 0.00% 0.20% 0.04% 0.00% 0.04% 1.00% or Rs 125 per lot
30000 12 months 0.03% 0.00% 0.18% 0.03% 0.00% 0.03% 0.50% or Rs 100 per lot
60000 12 months 0.02% 0.00% 0.15% 0.02% 0.00% 0.02% 0.50% or Rs 75 per lot
100000 12 months 0.015% 0.00% 0.10% 0.015% 0.00% 0.015% 0.50% or Rs 63 per lot
200000 12 months 0.005% 0.005% 0.08% 0.005% 0.005% 0.005% Flat Rs 25 per lot

Visit Sharekhan Brokerage Charges Review for more detail.

Zerodha (Flat Rs 20 Per Trade)

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.


Sharekhan Online Account Opening

For online trading with Sharekhan, investor has to open an account. Following are the ways to open an account with Sharekhan:

  • Visit www.sharekhan.com and enter your mobile number to start the DIY (Do-It-Yourself) account opening process. You can open your account 100% online in just 15 minutes*.
  • Download the 4.5 Stars-rated Sharekhan app and follow the native app DIY (Do-It-Yourself) account opening process 100% online in just 15 minutes*.
  • You may also walk into any of Sharekhan's 4,000+ outlets spread across 1,000+ Indian cities to open an account the old-fashioned way!

Sharekhan Trading Software (Sharekhan Trading Platforms)

Sharekhan offers 4 online trading software to its customers.

  1. TradeTiger (Trading Terminal)
  2. Sharekhan Website (Website Trading)
  3. Sharekhan app (Mobile Trading) with +8 million downloads
  4. InvesTiger app with +2 lakh downloads

These Sharekhan trading software offer trading in equity, commodity, and currency at BSE, NSE, MCX, and NCDEX. Sharekhan trading platform is available for free to all customers.

1. TradeTiger (Trading Terminal)

TradeTiger, the exe-based installable trading application for PC, is one of the most powerful and advanced trading platforms available in India. This platform has been developed in-house by the Sharekhan IT team and is continuously improved based on user feedback. Sharekhan Trade Tiger has all the features that an active trader needs.

It offers complete market monitoring, advanced charting and analysis features, a technical scanner that allows you to set your manual strategies, browse Sharekhan's live research that makes it easier to find the research you want, make calls faster and easier and decode the markets on 6 different chart types with customizable time frames, advanced charting tools, set alerts with charting tools, trade directly from the charts and much more.

2. Sharekhan Website (Website Trading)

The Sharekhan website is a web-based trading platform that can be used for free on a cell phone, tablet or via a web browser. It offers advanced charts, watchlists, in-depth stock details in one place, access to options data, heatmaps and stock recommendations, relevant news updates, a pattern finder, order placement screens tailored to clients of all types and much more.

3. Sharekhan App (Mobile Trading)

The Sharekhan App is available on Google Play and in the AppStore. With the Sharekhan app, you scan the markets through 6 different chart types with 16 different time frames, predefined Market Watch, Live Indices Heat Map and Fundamental News Alerts, shortcuts for your favourite stocks on the mobile home screen for faster access, Market Stats filters and detailed scrip quotes and more.

4. InvesTiger App (Mobile Trading)

InvesTiger App offers hand-picked baskets of stocks, research alerts for timely trading and rebalancing of a portfolio with a single click, investment-oriented portfolios with low rebalancing rates, thematic portfolios such as Power Model Portfolio, Top Pick Portfolio, Star Model Portfolio, Emerging Star Portfolio and more.

Read Sharekhan trading software review in detail.

 

Visit Sharekhan Trading Software Review for more detail.

Zerodha (Flat Rs 20 Per Trade)

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.

Sharekhan Pros and Cons


Sharekhan Pros (Advantages)

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

  1. Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free.
  6. Sharekhan has an India-wide network of branches. You can find surely find a Sharekhan in your neighbourhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposits as collateral for future and option trading.

Sharekhan Cons (Disadvantages)

The following are the cons of Sharekhan. Check the list of Sharekhan drawbacks.

  1. Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services.
  2. Classic account holders cannot trade Commodities, as the segment has to be activated separately.
  3. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.

Sharekhan Margin Exposure

Sharekhan margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Sharekhan 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 Sharekhan F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value for T+5 days1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure + Delivery margin)1x

Sharekhan Ratings

Overall Rating Rated 3.3 stars 3.3/5
Fees Rated 3.0 stars 3.0/5
Brokerage Rated 2.8 stars 2.8/5
Usability Rated 3.7 stars 3.7/5
Customer Service Rated 3.3 stars 3.3/5
Research Capabilities Rated 3.1 stars 3.1/5

Based on 312 Votes by Sharekhan Customers

Do you trade with Sharekhan? Rate Sharekhan


Sharekhan Complaint

The number of Sharekhan customer complaint received by the exchanges. The Sharekhan consumer complaint report helps understanding the Sharekhan quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2024-25 671,884 30 0%
NSE 2023-24 671,884 207 0.03%
BSE 2023-24 308,317 50 0.02%
NSE 2022-23 694,334 178 0.03%
BSE 2022-23 197,816 32 0.02%
NSE 2021-22 764,250 292 0.04%
BSE 2021-22 154,645 24 0.02%
NSE 2020-21 679,333 405 0.06%
BSE 2020-21 120,855 6 0%
NSE 2019-20 549,778 187 0.03%

* The number of active customers reported by the broker.

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

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


Frequently Asked Questions

  1. 1. How Sharekhan works?

    Sharekhan is a full-service broker offering trading and investment services in equity, derivatives, commodities, currency and mutual funds etc. Sharekhan provides its services through its online as well as hundreds of outlets spread across India.

    To avail of various services offered by the company, you need to open an account with the company. Sharekhan offers 4 types of accounts:

    1. Beginner First Step Account
    2. Investor Classic
    3. Active Trader Trade Tiger
    4. HNI Advisory

    For Mutual Fund investing, you need to open a separate account called 'Insta MF Account'.

    In addition to the above-mentioned accounts, you also need to open a demat account and must have a savings account with any bank in India. The demat account will be linked to your trading and InstaMF account and all the securities bought through the accounts will be held in it.

    Once you have opened the accounts then you're ready to trade through Sharekhan using various ways:

    Sharekhan charges brokerage based on your trading plans. For every transaction, you will be charged brokerage, demat transaction fees, other fees and taxes.

     

  2. 2. Why to choose Sharekhan?

    Sharekhan is among the popular full-service stockbrokers. Different type of investors chooses Sharekhan for different reasons.

    1. Beginners

      If you are new to the stock market, Sharekhan could be the best option for you as they offer training, hand-holdings, tips, and local support through personal relationship manager (RM). They also have a do-it-yourself online trading platform which makes investment extremely easy.

    2. Active Traders

      If you are an active trader who is trading in high volume or multiple times a day, Sharekhan prepaid brokerage plans work well for it. They reduce brokerage significantly and offer you a range of add-ons like an excellent trading platform, RM, research, tips, local support and PMS.

    3. Aged traders

      If you are not technology savvy and do not feel comfortable in online trading and investment, Sharekhan is the right choice for you. It offers support from neighborhood branch offices, RM for in-person services and free call & trade services. A simple example is, you can call you RM and ask him to pick up your cheque for adding funds to your trading account.

     

  3. 3. Is Sharekhan good?

    Sharekhan is among 100's of stockbrokers who offer trading and investment services to retail investors in India. Each of these brokers has something good about them. There produce and services are suitable for a certain type of investors.

    Sharekhan is good for customer types

    • Beginners - As they offer training, hand-holdings, tips, and local support through personal relationship manager (RM).
    • Active Traders - Who trade in high volumes as its prepaid brokerage plans suit them. They also offer an excellent trading platform and RM.
    • Aged traders - Who are not comfortable trading online. It has a free dial n trade service wherein you can place your orders on the phone.

    Sharekhan is good for

    • A full-service broker that offers complete trading services including research and depository services.
    • Offers multiple investment products under one-roof
    • Offers both prepaid and postpaid brokerage plans
    • Customers get local support from neighborhood branches.
    • Relationship Manager (RM) is assigned to every customer.
    • Industry experience of over 2 decades
    • Strong brand name.
    • Excellent training programs for beginners as well as traders
    • Offers online trading through the website and mobile app.

     

  4. 4. How to open trading account in Sharekhan?

    Sharekhan Trading Accounts enables you to trade or invest in India Stock Market. You could open a Sharekhan account in 2 ways:

    1. Request a Call Back

      Click here to fill a callback request form. You will receive a call from Sharekhan. The customer representative will answer all your questions and help you with account opening. If needed he will arrange an in-person visit by Sharekhan representative to your home or office.

    2. Visit Local Branch Office

      Sharekhan has a network of 100's of branch offices. You could visit any one of them to get your account opened. Follow the below steps:

      • Go to https://stockbroker-branch.sharekhan.com/
      • Enter state, city and locality
      • Click on the Sharekhan icon nearest to your location and get details on branch office/sub-broker
      • Call them and express interest to open an account
      • A representative will visit you to complete the formalities.

     

  5. 5. How much Sharekhan charges?

    Sharekhan charges include a variety of fees and taxes. Major fees and taxes charged by Sharekhan include-

    • Account Opening Fees (One time): Rs 0 (Free)
    • Demat Account AMC (Annual ): Rs 400 (free 1st year)
    • Brokerage Charges: As per plan and transaction value
    • Taxes charged by State and Central Governments

    Sharekhan offers 2 brokerage plans; Classic and Prepaid. The brokerage for Classic plans is 0.50% for equity delivery and o.10% for equity intraday. For Prepaid plans, it charges different subscription fees. The brokerage fee varies by the subscription fee you pay.

    Visit Sharekhan Review page for a detailed brokerage structure.

     

  6. 6. How is Sharekhan review?

    Sharekhan is a popular full-service broker. It offers a number of products, trading software and add-ons which are designed for a wide range of customers including beginners, active traders and customers who are not tech-savvy.

    Sharekhan is famous for its in-person services through a network of branches in over 700 cities across India. Every customer has a Relationship Manager (RM) allocated to him which works as customer support, trainer and personal advisor.

    Sharekhan also has an excellent online trading platform for customers who would like to trade by themselves. Sharekhan Mobile App is a powerful trading tool used by most of its customers.

    Sharekhan investor training programs are among the best in the industry. They offer multiple online and classroom training programs to bring you up to speed.

    Sharekhan has a dedicated research team. They provide trading tips, research, recommendations, technical and fundamental analysis.

    Sharekhan brokerage charges are very high in comparison to discount brokers like Zerodha. But Sharekhan prepaid plans for high-frequency trader reduces brokerage changes. In addition, you get free call & trade and support from local offices near you.

    Read Sharekhan Review for more detail.

     

  7. 7. What is Sharekhan DP ID?

    Sharekhan is a depository participant (DP) with both NSDL and CDSL depositories. You choose one of the depositories at the time of account opening. Your Sharekhan DP ID depends on which depository you have the account with.

    Sharekhan DP Ids for NSDL and CDSL are:

    • NSDL DP ID: IN300513
    • CDSL ID: 12036000

     

  8. 8. How to buy IPO in Sharekhan app?

    Sharekhan customers can buy IPO in the Sharekhan app or using the Sharekhan website at any time when the IPO is open for retail investors.

    Sharekhan IPO app uses UPI Payment Mechanism. You are required to have a UPI id before applying in an IPO using Sharekhan App. It's easy to get a UPI ID created using the net banking app of any bank you have an account with or by using the BHIM UPI app provided by the government of India.

    Steps to Buy IPO in Sharekhan App

    1. Login to Sharekhan App on your phone
    2. Expend menu in top right
    3. Click on the 'IPO' link under the 'Equity' section.
    4. Choose the IPO and click the 'Apply' button.
    5. Fill the order for by entering the quantity, price and UPI ID.
    6. Submit the order form and confirm the order.
    7. Accept the UPI Mandate using Net Banking or BHIM app.

    Note:

    • The UPI Mandate (an approval for blocking the fund for IPO shares) is not sent instantly. You may have to wait for a few hours before the Mandate is shown up in your Net Banking App or BHIM App.

    One the UPI Mandate is accepted, the IPO application is submitted to the exchange by Sharekhan. An SMS and Email confirmation is sent to the customer.

     

  9. 9. How to Cancel SIP in Sharekhan?

    You could cancel your SIP in Sharekhan online at any point time. You could also visit the Sharekhan branch and submit a request for SIP cancellation. The online SIP Cancellation request is an easy option.

    Steps to Cancel SIP in Sharekhan Online

    1. Login to Sharekhan.com website or Mobile App
    2. Go to the Mutual Funds section
    3. Click on the View SIP to get a list of all your existing SIPs
    4. Select and cancel the desired one

    Note: You do not get the funds in your bank account when you cancel SIP. It just means that future investments will stop. Your existing investments remain in the Mutual Funds. To get the funds, you need to redeem the mutual fund units.

     

  10. 10. How to close the Sharekhan account?

    Sharekhan account can be closed by submitting an account closure form to the broker. Note that you have to submit a signed paper form to close the account. Sharekhan's account cannot be close online, by email, or by phone.

    Steps for closing Sharekhan account:

    1. Download the account closure form.
    2. Fill the account closure form with the required details like name, Trading ID, DP ID, the reason for the closure, and sign it.
    3. Attach the blank and unused Delivery Instruction Slips (DIS), if any.
    4. Courier the duly filled and signed form to the address mentioned in the closure form or submit it to the nearest office.

    Please make sure to clear all the outstanding dues and sell or transfer securities in your account before submitting an account closure request.

     

  11. 11. Is Sharekhan CDSL or NSDL?

    Sharekhan is registered with both CDSL and NSDL. Thus, customers can keep their demat accounts with either depository.

    The Sharekhan DP IDs are:

    • NSDL DP ID: IN300513
    • CDSL ID: 12036000

     

  12. 12. Who can use Sharekhan?

    Anyone who wants to invest and trade in securities can open a Demat account and participate in the stock market. Individual investors, joint investors, companies or NRIs, all are eligible to open a demat account and trade in securities.

    Sharekhan offers a variety of accounts for investors to choose from and start their journey. These accounts include Beginner First Step, Investor Classic, Active Trader Trade Tiger and HNI Advisory.

    Sharekhan also offers facilities like Minor Demat Accounts and Multiple Demat Accounts that make it easier for its clients to hold securities and participate in the financial market.

     

  13. 13. How can I get Sharekhan statement?

    Sharekhan offers its clients the possibility to access and download the profit and loss report online, which contains all the essential information useful for the calculation of taxes on trading income. This profit and loss report contains information such as date, quantity, time, script name, buy price, sell price, segment, etc.

    To download this report, do the following:

    1. Access the Sharekhan portal and log in with your credentials.
    2. Search for "Scrip Summary" You can search using the search bar. The details can also be sorted by different segments.
    3. On the dashboard, you will now find the scrip summary. 
    4. You can download this summary to your system and access it anytime.

     

  14. 14. How to get a Sharekhan login id?

    The login ID is a personal identifier used to access accounts and information. The login ID can be specified in the form of letters or numbers or even a combination of letters and numbers.

    When opening a new account with Sharekhan, customers receive a welcome package that contains their credentials such as login ID and password, as well as other important and necessary information.

    In other cases, the following steps can be used to obtain Login ID for accessing Sharekhan account:

    1. Open Sharekhan website on the browser.
    2. Go to the login section from top right option.
    3. Now select "Forget ID" to proceed with the process.
    4. Enter your mobile number or email, as you prefer to get your ID through.
    5. Validate the captcha sent on your number or mail.
    6. Click on "Submit".

     

  15. 15. How to reactivate Sharekhan account?

    In many cases, when trading account holders do not actively use their account and trade with it, their account is converted into a dormant account. This also happens with Sharekhan accounts.

    However, this does not mean that you can no longer use the account. You can request reactivation and have your account activated.

    The account reactivation process may require you to submit KYC (Know Your Customer) documents.

    You will also be required to pay a reactivation fee for reactivation.

     

  16. 16. How to operate Sharekhan account?

    Sharekhan account is easy to use. You can use your desktop or even your cell phone to access your account. In other cases, there are also methods to access the account and place trades.

    To operate the Sharekhan account through the website, go to the Sharekhan trading portal.

    To operate the Sharekhan account via cell phone, download the mobile application from the Google Playstore or App Store.

    You can also use the call-and-trade feature to place trades via call.

    Sharekhan has numerous franchises across India. You can also visit the nearest branch or office to help you trade.

     

Zerodha (Flat Rs 20 Per Trade)

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.


599 Comments

599. Balaji   I Like It. |Report Abuse|  Link|May 8, 2024 1:43:03 PMReply
Worst brokerage and demat account charges they are even taking above 400, only 400 is a absolute lie don't open account in sharekhan

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
598. Prashant Gupta   I Like It. |Report Abuse|  Link|January 11, 2024 5:16:40 PMReply
Sharekhan is a FRAUD company.. There are many more much better options available in the market except sharekhan.. They change (increase) your brokerage without informing you and there is no solution provide by them even after sending escalation to CEO level..Let me share my case here.
I'm trader in stocks and some time I use to do option trading. I did option trading in sharekhan in July 23 when my brokerage was zero in FnO and when I did option trading last week on 5th Jan. They charge me 50/- per lot brokerage. They changed it without informing me and now when I escalate it to CEO level, nobody is bothering to give serious response. Infact they refused to return that brokerage amount..

BEWARE of this FRAUD company.
597. Chirag   I Like It. |Report Abuse|  Link|January 4, 2024 8:14:25 PMReply
Good experience

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
596. arty R   I Like It. |Report Abuse|  Link|November 23, 2023 6:55:01 PMReply
Brokerage is high on unsuspecting customers

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Below Average
Overall Experience - Average
595. Khan   I Like It. |Report Abuse|  Link|November 15, 2023 11:40:28 AMReply
Wasn’t a good experience for me, it was difficult getting my money out, the customer service did not help, when I tried withdrawing, it didn’t get approved and had to reach the r!ght author!ty and get my m0n£y b@ck from Sharekhan. apexchargeback was able to retrieve the funds back.
594. Achal Sharma   I Like It. |Report Abuse|  Link|October 25, 2023 7:52:29 AMReply
I like user friendly website and customer service

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Excellent
Research Capabilities - Average
Customer Service - Above Average
Overall Experience - Average
593. VIKRAM KARNAVAT   I Like It. |Report Abuse|  Link|October 9, 2023 11:55:46 AMReply
EXCELLENT IN CHARTING PLATFORM

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
592. Mudassar   I Like It. |Report Abuse|  Link|September 20, 2023 3:43:08 PMReply
View today's live Inter Bank rates, Open Market rates and International forex market rates online.
591. Sheik   I Like It. |Report Abuse|  Link|August 9, 2023 8:14:13 AMReply
An application for account closure of my DEMAT Account with Sharekhan has been submitted two weeks before.They rejected my application due to signature mismatch and my account's balance Rs.5/- which I am unable to withdraw. This clearly shows Sharekhan's unwillingness to close my account. They have no reason to reject.I tried customer care several times but not received even a single answer. I am going to approach SEBI in this respect.
I recommend you do copy trading or buy investment plans on benarmstrong-trades if you want to earn, since I move my investments back to BenArmstrong trades I am getting 10k weekly
590. sherkhan ne bahut pasa dubaye   I Like It. |Report Abuse|  Link|July 24, 2023 5:56:11 PMReply
PAISA DUBANE KI MASIN
SHEREKHAN

Customar ke profite se matlab nhi
bas ony uski brokreg se matlab hai
589. Bhadresh Patel   I Like It. |Report Abuse|  Link|June 30, 2023 11:06:40 AMReply
After inviting and calling for the Seminar, they are not allowed to sit in the Seminar,Thus it wastes the time of customers,
Yesterday there was a Seminar in Vasana on date 29-06-2023 where i went from 25 kms away. I was told that you are late, so you can't come in the Seminar .
588. Biswajit Saha   I Like It. |Report Abuse|  Link|July 5, 2021 10:24:38 AMReply
They charge huge.
Most third class platform for trading.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Below Average
Customer Service - Below Average
Overall Experience - Very Poor
587. santosh   I Like It. |Report Abuse|  Link|July 29, 2021 3:32:10 PMReply
Hi....

As per instruction of your representative Mr. Bhawani Charan, I sent an email with attachment of a cancelled signed cheque to your representative on his email -id (bhawani.charan@branch.sharekhan.com) to update my bank account details but till today there is no update from your side....


Adv. Santosh Avhad
586. Jahangir Ali sk   I Like It. |Report Abuse|  Link|December 17, 2021 6:55:28 PMReply
Brokerage charge is very high.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Above Average
Overall Experience - Average
585. bruce david   I Like It. |Report Abuse|  Link|December 13, 2022 11:43:26 AMReply
lfrescue 0rG HELPED ME RECOVER ALL I LOST THEM
584. Saurabh   I Like It. |Report Abuse|  Link|November 28, 2022 12:13:04 PMReply
Good overall experience

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
583. Md shamim   I Like It. |Report Abuse|  Link|October 10, 2022 5:56:55 PMReply
Average service.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Below Average
Overall Experience - Average
582. kamal kishor   I Like It. |Report Abuse|  Link|December 21, 2017 8:05:13 PMReply
Hi sir,

I want to trade in share market but I don''''''''t have demat account and I want to open my demat account with sher khan Ltd. I don''''''''t have any idea how to open the account so please guide me as soon as possible. but i don''t know how to purchase and sale share.
581. Chandrasekar Pendyala   I Like It. |Report Abuse|  Link|March 1, 2022 10:02:10 AMReply
About 25 clients have joined based on my recommendation, since 2010.

Last few months, online trading platform has some issues, Trading in BSE, No update in 52 high low details in "sharemini" which is excellent for desktop as well as mobile trading. On 25th Feb, BSE trading restored only around 12 noon., and on 28-02-2022, Portfolio was not updated.

One big issue now is their HO customer care number is TOTAL WASTE, perhaps last two years I couldnt speak with a single person, (I doubt this service may have withdrawn, taking advantage of COVID norms). Though you will get IVR reply, "Your queue position is 1", you will not be connected to them, in 15 minutes, the same will get disconnected. This I have written several times, but not responded properly.

I need to open an account for my younger daughter now, who attained major recently, but decided not in Sharekhan, hence visited this site.
581.1. Rakesh V   I Like It. |Report Abuse|  Link|July 8, 2022 12:27:45 AM
Sharekhan doesnt have customer care support. I have dialed many times but no one answers even after waiting for 20mins. If you need customer support then you have to contact your respective branch or Relationship manager.
580. shanmukh   I Like It. |Report Abuse|  Link|June 21, 2022 6:12:33 PMReply
I am using Sharekhan but here they're not providing BO oder for investment (delivery) order in future and options. Only BO for intraday. And NCL also they are not providing.

Please help me Sharekhan team as per SEBI and NSE rules we must have these facilities.


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