Choice Broking Vs Paytm Money Demat Account Comparison

Choice Equity Broking Private Limited popularly known as Choice Broking, is a full-service broker providing a wide range of services to its customers. Choice Broking is a subsidiary of publicly listed Choice International Ltd. with a pan India presence for Stock and Commodities Broking, Loan syndication, Insurance, Mutual Fund, etc. The company offers free trading and Demat account opening to its customers.

Paytm Money Limited, popularly known as Paytm Money, is an online discount broker providing a wide range of services to its customers. The company offers to invest in Equity, Derivatives, NPS, Digital Gold, Mutual Funds, and IPO. Paytm Money offers Demat account to its customers with zero maintenance charges.

Chakarawarti Ashok Co Ophsg Cts No156,157,158, J.B.Nagar Off Sahar Road, Andheri (E) Mumbai Maharashtra India-400099

Ground Floor No. 6/B, Vaishnavi Summit, 80 Feet Rd, Koramangala 1A Block, Bengaluru – 560034

NSE- Cash, FNO and CD segment BSE- Cash and Derivative. MCX-SX- Currency Derv. USE - Currency Derv. Group Company Member - MCX, NCDEX, ICEX

Trading and Depository Services. The depository services include account opening, Demat requests, Remat requests, pledge creation, closure, invocation, Off-market transfers etc.

Nil

Nil

Choice Broking offers Standard and special plans to individual customers to opt for.

1. Basic Standard Plan: ₹200
2. Special Plan:
   1. Lifetime AMC Free Plan (One Time - Non-refundable) :₹1,500
   2. Lifetime AMC Free Plan (One Time - Refundable deposit) :₹,3000

Note:

1. First year AMC is free.
2. In case of no scheme chosen at the end of first year, default standard plan will be applied.
3. In case of Corporates, AMC of ₹1,000 applied from first year.

Free - Zero maintenance charges

Nil

Nil

₹25 per certificate

Rs 250 per 100 shares + depository charges

₹25 per 100 Securities or 0.04% whichever is higher

Rs 250 per 100 shares + depository charges

₹10per transaction + GST

Rs 10 per ISIN

₹50 or 0.02% whichever is higher + GST

Rs 10 per ISIN

₹100 or 0.05% whichever is higher + GST

Rs 10 per ISIN

₹10 per instruction + GST

Additional request for every DIS Booklet: ₹100.

Off-market transfers - Rs 10 per ISIN