The side-by-side comparison of Kotak Neo and Paytm Money Demat Account. Compare Kotak Neo Vs Paytm Money Demat Account charges, AMC and Fees. Read Paytm Money and Kotak Neo demat Account review.
Find out Kotak Neo Vs Paytm Money which is better demat account and Kotak Neo Vs Paytm Money which is best demat account.
Our Kotak Neo demat account comparison with Paytm Money Limited highlights the major differences between two brokers. Find the best demat between Kotak Neo and Paytm Money.
| Kotak Neo | Paytm Money | |
|---|---|---|
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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. | Paytm Money Limited, popularly known as Paytm Money, is an online discount broker providing a wide range of services to its customers. The company offers to invest in Equity, Derivatives, NPS, Digital Gold, Mutual Funds, and IPO. Paytm Money offers Demat account to its customers with zero maintenance charges. |
| DP ID | 12025100 | 12088800 |
| Contact Info | Kotak Infiniti, Bldg No 21, 8th Floor, | Ground Floor No. 6/B, Vaishnavi Summit, 80 Feet Rd, Koramangala 1A Block, Bengaluru – 560034 |
| Services Offered |
| Trading and Depository Services. The depository services include account opening, Demat requests, Remat requests, pledge creation, closure, invocation, Off-market transfers etc. |
| 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 | Paytm Money | |
|---|---|---|
| Demat Account Opening Fee | Trade Free Plan and Trade Free Pro - Rs 0 (Free) Trade Free Youth - Rs 99 | Nil |
| 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. | Free - Zero maintenance charges |
| Advance Deposit | Nil | Nil |
| Open Kotak Neo Account |
| Kotak Neo | Paytm Money | |
|---|---|---|
| Dematerialisation Charges | Rs. 150 per certificate + Rs. 50 per request courier charges | Rs. 250 per 100 shares + depository charges |
| Rematerialisation Charges | Rs.10 for 100 securities (Minimum payable Rs.15) | Rs. 250 per 100 shares + depository charges |
| Transaction Charges (Credit or Buy) | ||
| Transaction Charges (Debit or Sell) | 0.04% + NSDL charges (minimum Rs 20) | Rs. 20 per transaction (Includes Rs 3.50 CDSL DP charges) |
| Pledge Creation Charges | Rs 20 per ISIN | Rs. 20/- per Transaction (including Rs 5 CDSL charges) |
| Pledge Creation Confirmation Charges | Rs 20 per ISIN | |
| Pledge Invocation Charges | Rs 20 per ISIN | Rs.. 20/- per Transaction (including Rs 5 CDSL charges) |
| Failed Instruction Charges | NA | NA |
| Other Charges | NA | Physical Statement Courier - Rs. 300/- per request + Rs. 300/- per courier Off Market Transfers - Rs. 25/- per Transaction (including the depository transaction charges) |
| Kotak Neo Enquire | Paytm Money 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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