Zerodha Vs Finvasia Demat Account Comparison

Zerodha is a Bangalore based discount stock broker offering flat Rs 20 per trade in Equity Cash, Equity F&O, Currency F&O and Commodities. Zerodha launched its online trading services on 15th Aug 2010 and in first 7 years Zerodha made around 7 lakhs customers.

With innovative trading platform and tools along with the cheapest brokerage, Zerodha is fastest growing financial firm in India offering stock brokerage and depository services.

Finvasia is a Chandigarh, India based financial service provider. Finvasia caters to retail, institutional and foreign customers. Finvasia offers truly brokerage free trading. It absolutely doesn’t change any brokerage commission from customers to trade on BSE, NSE, and MCX. Customers can trade in any segment by just paying applicable taxes. Call & trade is also available for free of cost to the customers.

Finvasia is a depository participant with CDSL. They offer all kind of depository services to its customer at a very reasonable price.

They are an online broker. All services offered are online or over the phone. They do not have any branch offices, franchise or partner offices.

No. 153/154, Ground Floor,
4th Cross, J P Nagar, 4th Phase,
Bangalore Karnataka India - 560078

Plot # 10, Netsmartz House (Level 3).
Rajiv Gandhi Chd Tech Park.
Chandigarh. India 160101

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

Retail trading in equity, currency and commodity, depository (demat account), asset management, investment banking, advisory, and currency hedging.

₹50 (Stamp charges payable upfront)

₹0 (+ stamp charge of ₹199)

Individuals/Non Individual (except Corporate) - ₹300 + GST
Non Individual - Corporate - ₹1000

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

₹0

₹0

₹150 per certificate (+ ₹100 Courier charges)

₹15 + ₹99 Courier charges

₹150 per certificate + CDSL charges + ₹100 Courier charges

₹15 + ₹99 Courier charges

• Market Trades: ₹13.5 + GST
• Off-Market Trades: 0.03% of ₹25 whichever is higher + GST

₹9 (including CDSL Fee)

₹30 per request + GST

₹25 + NSDL Charges

₹0

₹20

₹25 + NSDL Charges

₹50 per ISIN

₹49 per transaction

• Cheque Bounce: ₹350
• Physical Statement - ₹50 (+Courier charges at actual)
• Modification in CML - ₹25 per request
• KRA Upload / Download - ₹50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

• Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
• Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
• Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
• Check Bounce - ₹299
• Failed Transaction - ₹49 per transcaction
• Modification in Client Information - ₹19 per request
• Demat Closure Account - Nil
• Delay Payment Charges - 2% per month on T+2 days