ICICIdirect Vs Nuvama (Edelweiss) Demat Account Comparison

ICICI Bank is India's largest private sector bank with total assets of Rs. 6,461.29 billion (US$ 103 billion) at March 31, 2015 and profit after tax Rs. 111.75 billion (US$ 1,788 million) for the year ended March 31, 2015. ICICI Bank currently has a network of 4,050 Branches and 12,817 ATM`s across India.

Nuvama Wealth is part of the Edelweiss Group, India's leading diversified financial services company. With over 10 lakh clients and 4500 sub-brokers offices, Edelweiss Group has strong presence across India.

ICICI Bank Tower, 5Th Flr South Wing,
Tower ii, Plt No 12 Financil Dist,
Gachibowli Hyderabad,
Andhra Pradesh, India - 500032

201 to 203, Zodiac Plaza, Xavier College Road, Off C G Road, Ahmedabad, Gujarat - 380009

ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.

Equity, Derivatives, Currencies, Mutual Funds, Gold ETFs, IPOs, Depository Participant

Stamp Duty at actuals

For Individual account: ₹700 p.a.

For Corporate account: ₹1500 p.a.

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

₹50 Per Demat Request Form and ₹10 For Each Certificates

₹25 + CDSL charges at actual

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹25,000 )

0.02% or minimum of ₹35

0.02% or minimum of ₹35

0.02% or minimum of ₹35

₹200 for restoring services if account is suspended for non payment of charges.