The side-by-side comparison of Kotak Neo and Monarch Networth Demat Account. Compare Kotak Neo Vs Monarch Networth Demat Account charges, AMC and Fees. Read Monarch Networth and Kotak Neo demat Account review.
Find out Kotak Neo Vs Monarch Networth which is better demat account and Kotak Neo Vs Monarch Networth which is best demat account.
Our Kotak Neo demat account comparison with Monarch Networth Capital Ltd highlights the major differences between two brokers. Find the best demat between Kotak Neo and Monarch Networth.
| Kotak Neo | Monarch Networth | |
|---|---|---|
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| 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. | |
| DP ID | 12025100 | 35000 and IN303052 |
| Contact Info | Kotak Infiniti, Bldg No 21, 8th Floor, | Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382355, Gujarat |
| Services Offered |
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| 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 | Monarch Networth | |
|---|---|---|
| Demat Account Opening Fee | Trade Free Plan and Trade Free Pro - Rs 0 (Free) Trade Free Youth - Rs 99 | Rs 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. | Rs 350 p.a. (First 6 Month Free) |
| Advance Deposit | Nil | Rs 0 |
| Open Kotak Neo Account |
| Kotak Neo | Monarch Networth | |
|---|---|---|
| Dematerialisation Charges | Rs. 150 per certificate + Rs. 50 per request courier charges | Rs 5 Per Certificate with min Rs 40 Per request + Rs 45 Courier Charges per request |
| Rematerialisation Charges | Rs.10 for 100 securities (Minimum payable Rs.15) | 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) | 0.04% + NSDL charges (minimum Rs 20) | Rs 20 or 0.025% (Whichever is higher) |
| Pledge Creation Charges | Rs 20 per ISIN | Rs 15 Per Instruction |
| Pledge Creation Confirmation Charges | Rs 20 per ISIN | |
| Pledge Invocation Charges | Rs 20 per ISIN | Rs 15 Per Instruction |
| Failed Instruction Charges | NA | Rs 50 Per Instruction |
| Other Charges | NA | 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 |
| Kotak Neo Enquire | Monarch Networth 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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