The side-by-side comparison of Kotak Neo and Groww Demat Account. Compare Kotak Neo Vs Groww Demat Account charges, AMC and Fees. Read Groww and Kotak Neo demat Account review.
Find out Kotak Neo Vs Groww which is better demat account and Kotak Neo Vs Groww which is best demat account.
Our Kotak Neo demat account comparison with Groww Invest Tech Pvt Ltd. highlights the major differences between two brokers. Find the best demat between Kotak Neo and Groww.
| Kotak Neo | Groww | |
|---|---|---|
 |  | |
| About the Broker | Kotak Neo is a broking company and is a member of BSE,NSE, MSEI and is also registered as a Depository Participants with CDSL and NSDL. | 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 | 12025100 | 88700 |
| Contact Info | Kotak Infiniti, Bldg No 21, 8th Floor, | Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034 |
| Services Offered |
| Equity, IPO, and Direct Mutual Funds |
| Find more info about broker | ||
| Special Offer | Special Offer: Trade smarter with Kotak Neo low-cost plans. | 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. |
| Kotak Neo | Groww | |
|---|---|---|
| Demat Account Opening Fee | Trade Free Plan and Trade Free Pro - Rs 0 (Free) Trade Free Youth - Rs 99 | ₹0 (Free) |
| Demat Account AMC | If More than Rs. 4 lakhs but up to Rs. 10 lakhs - Rs 100+GST p.a. If greater than ₹10 lakhs - Rs 50+GST per month. | ₹0 (Free) |
| Advance Deposit | Nil | ₹0 |
| Open Kotak Neo Account |
| Kotak Neo | Groww | |
|---|---|---|
| Dematerialisation Charges | Rs. 150 per certificate + Rs. 50 per request courier charges | ₹150 per certificate + courier charges |
| Rematerialisation Charges | Rs.10 for 100 securities (Minimum payable Rs.15) | ₹150 per certificate + courier charges |
| Transaction Charges (Credit or Buy) | ||
| Transaction Charges (Debit or Sell) | 0.04% + NSDL charges (minimum Rs 20) | 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 20 per ISIN | ₹20 + ₹12 per request (CDSL Charges) |
| Pledge Creation Confirmation Charges | Rs 20 per ISIN | ₹20 per ISIN |
| Pledge Invocation Charges | Rs 20 per ISIN | |
| Failed Instruction Charges | NA | ₹50 per ISIN |
| Other Charges | NA | KYC Modification: ₹50 |
| Kotak Neo Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | Kotak NeoSpecial OfferKotak Neo Trade Free Plan Open a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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