Demat Account Charges Comparison

Broker Firm	Demat Account Opening	Demat Account Maintenance Charges	Dematerialisation Charges			Account Closing Charges
			Per Request	Per Certi - ficate	Courier
SBICAP Securities	Rs.500/-	Rs. 400/- p.a.	Rs. 35/-	Rs.2/-		NIL
Sharekhan	Rs.750/-	Rs. 300/- p.a.	Rs.15/-	Rs.3/-		Rs.100/-
Motilal Oswal	Rs.400/-	Rs.100/- p.a.	Rs.25/-	Rs.5/-		NIL
Angel Broking	Rs.491/-	1st year free then  Rs. 300/- p.a.	Rs.30/-	Rs.4/-		NIL
ICICI Direct	Rs.975/-	Rs.500/- p.a.	Rs.35/-	Rs. 2/-		NIL
HDFC Securities	Rs.799/-	Rs.500/- p.a.	Rs. 35/-	Rs. 3/-		NIL
Reliance Money	Rs.750/-	Rs.50/- for Individuals		Rs.2/-	Rs.30/-	NIL
Indiainfoline	Rs.750/-	Rs.300/- p.a.		Rs.10/-	Rs.40/-	NIL
Kotak Securities	Rs.750/-	Rs.30/- p.m. (Individual) Rs. 50/-p.m. (Corporate)	Rs.25/-	Rs.3/-		NIL
Geojit	Rs. 800/-	Rs.300/- p.a.	Nil		Rs.35/-	NIL
IDBI Paisabuilder	Rs.700/-	1st year free then Rs.350 p.a.		Rs. 3/-	Actual

Note:

1. Data is take in Jul 2011.

2. This is not intended to be used for financial or non financial decision making purpose. 

3. Refer to respect company's website for recent updates

Credit: Ms. R. Kanse

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