Best demat account in India and charges comparison of top demat accounts

Delivery Charges: More than 0.50 per cent or 5 paise per share.

Intraday Charges: More than 0.15 per cent or 5 paise per share.

Account Opening Charges: Rs 850

Annual Maintenance Charges: Rs 500

• Since the parent concern of SBI Cap securities offers complete banking packages; you can use this facility as a 3-in-1 account for banking, online trading, and as a Demat account.
• It acts as an umbrella platform for trading in all forms of investment products.
• They have a considerable offline presence.

• There is a scope of improvement in customer services.
• Brokerage charges are considerably higher than peers.

Delivery Charges: A minimum of 0.50 per cent or Rs 25 per share to a maximum of 2.5 per cent of the transactional value.

Intraday Charges: A minimum of 0.10 per cent or Rs 25 paise per share to a maximum of 2.5 per cent of the transactional value.

Account Opening Charges: Rs 999

Annual Maintenance Charges: Rs 750 (from second year onwards)

• You can implement HDFC Securities account as a 3-in-1 service for banking, online trading, and as a Demat account.
• It acts as an umbrella platform for trading in all forms of investment products.
• HDFC Securities offers excellent customer services.
• They have an exclusive section for NRI customers.
• Research, reports, and recommendations are of the highest standard.

• HDFC Securities levy high brokerage charges while trading in stocks.
• There is no scope of commodity trading.

Delivery Charges: The delivery charges in ICICI Direct depends upon the investment schemes. In I-Secure Plan, the delivery charge is 0.55 per cent, in I-Saver Plan, the delivery charges range from 0.25 to 0.75 per cent, and in Prime Plan, the fee is 0.25 per cent.

Intraday Charges: 0.275 per cent for I-Secure Plan, 0.25 to 0.75 for I-Saver Plan, and 0.25 per cent for Prime Plan.

Account Opening Charges: Rs 975

Annual Maintenance Charges: Rs 500

• You can implement ICICI Securities account as a 3-in-1 service for banking, online trading, and as a Demat account.
• ICICI Direct, being a flagship trading and investment platform of ICICI Securities enjoy a high brand value.
• It offers you a range of three brokerage schemes- I-secure Plan, I-saver Plan, and Prime Plan.
• ICICI Direct is a fast trading platform.

• ICICI Direct levy high brokerage charges while trading in stocks.
• There is no scope of commodity trading.
• The performance of the mobile app needs improvement.
• The brokerage schemes are complicated for the layman.

Delivery Charges: Free

Intraday Charges: 0.03 or Rs 20 on every transaction (whichever is lower)

Account Opening Charges: Rs 200

Annual Maintenance Charges: Rs 300

• Zerodha Demat Account offers customers free equity delivery. The maximum brokerage charge is also Rs 20
• The trading platform is convenient and innovative.
• Customers can directly invest in Mutual Funds through Coins and brand value.

• Zerodha does not offer market tips and research reports to customers.

Delivery Charges: 0.49 per cent of the transactional value (in case of fixed brokerage plan).

Intraday Charges: 0.49 per cent of the transactional value.

Account Opening Charges: Rs 750

Annual Maintenance Charges: Rs 600

• You can implement Kotak Securities account as a 3-in-1 service for banking, online trading, and as a Demat account.
• It acts as an umbrella platform for trading in all forms of investment products.
• Kotak Securities have a considerable offline presence.
• There are three unique brokerage plans- Fixed, Dynamic, and Fit.

• Kotak Securities levy high brokerage charges while trading in stocks.
• There is a scope of improvement in customer services.

Delivery Charges: 0.50 per cent in the Classic Plan

Intraday Charges: 0.10 per cent in the Classic Plan

Account Opening Charges: Rs 750 for Classic account and Rs 1000 for Trade Tiger Account

Annual Maintenance Charges: Rs 400 (second year onwards)

• Sharekhan Demat Account has a sizeable presence in the country and enjoys enormous brand value.
• They offer offline investment workshops for freshers.
• Account opening fee gets adjusted with brokerage amount.

• Sharekahn does not offer a 3-in-1 account facility to customers.

Delivery Charges: Free

Intraday Charges: Flat fee of Rs 20 for every transaction

Account Opening Charges: Free

Annual Maintenance Charges: Rs 450 (second year onwards)

• Angel Broking Demat Account is one of the cheapest full-service brokers, offering flat brokerage charges.
• Their account opening process is simple and hassle-free.
• They offer market recommendation and research reports for the convenience of freshers.
• Angel Brokers do not offer 3-in-1 account facility to customers.

• Angel iTrade, Angel Speed Pro, Angel Booking App, Angel Bee

Delivery Charges: Rs 20 per transaction

Intraday Charges: Rs 20 per transaction

Account Opening Charges: Free

Annual Maintenance Charges: Rs 45 per month (only for those months customers trade)

• 5paisa Demat Account does not levy any delivery charges. The annual maintenance charge is also low.
• Their account opening process is paperless, fast, and hassle-free.
• Customers can invest in stocks, mutual funds, and insurance through the same platform.

• 5paisa do not offer 3-in-1 account facility to customers.
• They also levy higher exchange transactional changes.

Delivery Charges: Free

Intraday Charges: Rs 20 per transaction or 0.01 in Basic Plan (whichever is lower). In the Pro Plan, the fee is Rs 30 or 0.05 per transaction.

Account Opening Charges: Rs 300

Annual Maintenance Charges: Rs 150

• Upstox Demat Account does not levy any delivery charges. They also implement flat brokerage charges, irrespective of trade volume for the convenience of customers.
• There are multiple brokerage plans. You can select the most suitable one based on your investment schedule
• Customers can invest in stocks, mutual funds, and insurance through the same platform.

• Customers can invest in stocks, mutual funds, and insurance through the same platform.

Delivery Charges: In Power Plan, the delivery charge is Rs 15 per transaction, while in value Plan, it is 0.07 per cent per trade.

Intraday Charges: Same as standard Delivery Charges.

Account Opening Charges: Free

Annual Maintenance Charges: Rs 300 (second year onwards).

• Trade Smart Demat Account offers customers low and unique brokerage plans (Power and Value) with high margin.
• The account opening process is fast and convenient.
• No additional charges for software.

• Trade Smart Account does not offer3-in-1 account facility to customers.
• Customers cannot invest directly in IPOs.

Delivery Charges: In the Default Pack, it is 0.50 per cent per trade.

Intraday Charges: In the Default Pack, it is 0.05 per cent on the transactional value.

Account Opening Charges: Free

Annual Maintenance Charges: Rs 400

• Motilal Oswal Demat Account offers a wide range of investment choices.
• Customers can avail of award-winning research materials.
• There are three unique brokerage plans for the benefits of investors.

• Motilal Oswal Demat Account does not offer3-in-1 account facility to customers.
• Brokerage charges are higher than peers.

Delivery Charges: 0.50 per cent or 5 paise per transaction.

Intraday Charges: 0.05 per cent per transaction on both sides.

Intraday Charges: 0.05 per cent per transaction on both sides.

Annual Maintenance Charges: Rs 300

• Customers can enjoy the services of a high-performing trading platform with India Infoline Demat Account.
• They have an extensive network of branches across India.

• It is challenging to invest in mutual funds and IPOs with India Infoline Demat Accounts.
• Customer services need improvement.