The side-by-side comparison of Indiabulls Securities and Groww Demat Account. Compare Indiabulls Securities Vs Groww Demat Account charges, AMC and Fees. Read Groww and Indiabulls Securities demat Account review.
Find out Indiabulls Securities Vs Groww which is better demat account and Indiabulls Securities Vs Groww which is best demat account.
Our Indiabulls Securities Limitied demat account comparison with Groww Invest Tech Pvt Ltd. highlights the major differences between two brokers. Find the best demat between Indiabulls Securities and Groww.
| Indiabulls Securities | Groww | |
|---|---|---|
 |  | |
| About the Broker | Incorporated on October 30, 2003, Indiabulls Securities Limited (ISL), formerly known as Dhani Stocks Limited, is registered with SEBI as both a Stock Broker (INZ000036136) and a Depository Participant (IN-DP-423-2019). ISL offers Equity Trading, Derivatives Trading, Commodity Trading, Currency Trading and Mutual Funds. | 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 | IN-DP-423-2019 | 88700 |
| Contact Info | A-2, First Floor, Kirti Nagar, New Delhi – 110015., Fax: 011-42137986 | Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034 |
| Services Offered | Equity Trading, Derivatives Trading, Commodity Trading, Currency Trading, Mutual Funds, IPO Investments and Margin Trading Facility (MTF). | Equity, IPO, and Direct Mutual Funds |
| Find more info about broker | ||
| Special Offer | Special Offer: Low-cost brokerage Trading at ₹11/order across segments (Intraday, Delivery, and F&O)| No account opening charges| Multiple Products| Research & advisory services. Open an instant account (FREE) | 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 |
| Indiabulls Securities | Groww | |
|---|---|---|
| Demat Account Opening Fee | Nil | ₹0 (Free) |
| Demat Account AMC | Demat AMC charges are based on the value of holdings in the demat account.
| ₹0 (Free) |
| Advance Deposit | Nil | ₹0 |
| Open Indiabulls Securities Account | Open Groww Account |
| Indiabulls Securities | Groww | |
|---|---|---|
| Dematerialisation Charges | Rs. 5/- per certificate/unit + Rs. 50/- courier charges | ₹150 per certificate + courier charges |
| Rematerialisation Charges |
| ₹150 per certificate + courier charges |
| 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 |
| Pledge Creation Charges | Rs 35/- or 0.02% of the transaction value (whichever is higher) | ₹20 + ₹12 per request (CDSL Charges) |
| Pledge Creation Confirmation Charges | Rs 35/- or 0.02% of the transaction value (whichever is higher) | |
| Pledge Invocation Charges | Rs 35/- or 0.02% of the transaction value (whichever is higher) | ₹20 |
| Failed Instruction Charges | Nill | ₹50 per ISIN |
| Other Charges |
| KYC Modification: ₹100 |
| Indiabulls Securities Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | Indiabulls SecuritiesSpecial OfferTrade at flat, low brokerage with Indiabulls Securities
| GrowwSpecial OfferStart your investing journey with one of India’s most cost-effective platform.
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