ICICIdirect Vs Kotak Securities 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.

Kotak Securities Ltd. is a broking company and is a member of BSE,NSE, MSEI and is also registered as a Depository Participants with CDSL and NSDL.

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

Kotak Infiniti, Bldg No 21, 8th Floor,
Infinity Park, Gen A K Vaidya Marg,
Malad (E) Mumbai Maharashtra India - 400097

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.

1. Stock Broking
2. Depository Services
3. Portfolio Management Services
4. Corporate Agent for insurance
5. Distributor for Mutual Funds

Stamp Duty at actuals

Rs 0 (Free)

For Individual account: ₹700 p.a.

For Corporate account: ₹1500 p.a.

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

Nil

₹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.