The side-by-side comparison of Groww and Monarch Networth Demat Account. Compare Groww Vs Monarch Networth Demat Account charges, AMC and Fees. Read Monarch Networth and Groww demat Account review.
Find out Groww Vs Monarch Networth which is better demat account and Groww Vs Monarch Networth which is best demat account.
Our Groww Invest Tech Pvt Ltd. demat account comparison with Monarch Networth Capital Ltd highlights the major differences between two brokers. Find the best demat between Groww and Monarch Networth.
| Groww | Monarch Networth | |
|---|---|---|
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| About the Broker | Groww is a fast-growing online stock broker and mutual fund investment company. It offers services to invest in Equity, IPO, and Direct Mutual Funds. Groww started offering demat account services in 2020. It is a member of the CDSL depository. Groww is an online discount broker. It charges a flat of Rs.20 or 0.05% per executed order whichever is lower as trade brokerage fee. Groww demat account charges include Account Opening fee of Rs.0 (Free), AMC of Rs.0 (free) and Debit Transaction Charge of Rs.13.50 per script for delivery trades and zero for intraday trades. | |
| DP ID | 88700 | 35000 and IN303052 |
| Contact Info | Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034 | Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382355, Gujarat |
| Services Offered | Equity, IPO, and Direct Mutual Funds | |
| Find more info about broker | ||
| Special Offer | Special Offer: ₹0 Account Opening| ₹0 Annual Maintenance Charges| Trade across segments at ₹20/order| Free Mutual Funds Investment| Zero hidden charges. Open your FREE Groww Demat account | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Groww | Monarch Networth | |
|---|---|---|
| Demat Account Opening Fee | ₹0 (Free) | Rs 0 (Free) |
| Demat Account AMC | ₹0 (Free) | Rs 350 p.a. (First 6 Month Free) |
| Advance Deposit | ₹0 | Rs 0 |
| Open Groww Account |
| Groww | Monarch Networth | |
|---|---|---|
| Dematerialisation Charges | ₹150 per certificate + courier charges | Rs 5 Per Certificate with min Rs 40 Per request + Rs 45 Courier Charges per request |
| Rematerialisation Charges | ₹150 per certificate + courier charges | Rs 45 Postage Charges + Rs 10 Per 100 Securities / Rs 20 Per Certificate whichever is higher, Maximum Rs 5,00,000 |
| Transaction Charges (Credit or Buy) | ||
| Transaction Charges (Debit or Sell) | For value ≥ ₹100: Male investors: ₹3.50 (Depository) + ₹16.50 (Groww) = ₹20.00 (plus GST) Female investors: ₹3.25 (Depository) + ₹16.50 (Groww) = ₹19.75 (plus GST) For value < ₹100: Only the depository charge, i.e., Male investors: ₹3.50 and Female investors: ₹3.25 | Rs 20 or 0.025% (Whichever is higher) |
| Pledge Creation Charges | ₹20 + ₹12 per request (CDSL Charges) | Rs 15 Per Instruction |
| Pledge Creation Confirmation Charges | ||
| Pledge Invocation Charges | ₹20 | Rs 15 Per Instruction |
| Failed Instruction Charges | ₹50 per ISIN | Rs 50 Per Instruction |
| Other Charges | KYC Modification: ₹100 | Market/Off Market Transfer (Per Transaction): Rs 30 or 0.030% (Whichever is higher) Margin Pledge in favour of TM/CM: Rs 12 Per Instruction In favour of MNCL Rs 25 Per Instruction In favour of other than MNCL |
| Groww Enquire | Monarch Networth Enquire | |
|---|---|---|
| Contact Broker | GrowwSpecial OfferStart your investing journey with one of India’s most cost-effective platform.
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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