The side-by-side comparison of Zerodha and Monarch Networth Demat Account. Compare Zerodha Vs Monarch Networth Demat Account charges, AMC and Fees. Read Monarch Networth and Zerodha demat Account review.
Find out Zerodha Vs Monarch Networth which is better demat account and Zerodha Vs Monarch Networth which is best demat account.
Our Zerodha demat account comparison with Monarch Networth Capital Ltd highlights the major differences between two brokers. Find the best demat between Zerodha and Monarch Networth.
| Zerodha | Monarch Networth | |
|---|---|---|
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| About the Broker | Zerodha is a Bangalore based discount stock broker offering flat Rs 20 per trade in Equity Cash, Equity F&O, Currency F&O and Commodities. Zerodha launched its online trading services on 15th Aug 2010 and in first 7 years Zerodha made around 7 lakhs customers. With innovative trading platform and tools along with the cheapest brokerage, Zerodha is fastest growing financial firm in India offering stock brokerage and depository services. | |
| DP ID | 12081600 | 35000 and IN303052 |
| Contact Info | No. 153/154, Ground Floor, | Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382355, Gujarat |
| Services Offered | Stock Broking, Demat Accounts, Stock Broking, Mutual Funds | |
| Find more info about broker | ||
| Special Offer | Special Offer: Instant Free Account Opening| Free Equity Delivery & Mutual Funds| ₹20/trade on Intraday & F&O India’s most trusted trading platform 💹 🔓 Open Account – FREE⏱ 5 min | 100% Online | Paperless | 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. |
| Zerodha | Monarch Networth | |
|---|---|---|
| Demat Account Opening Fee | ₹50 (Stamp charges payable upfront) | Rs 0 (Free) |
| Demat Account AMC | Individuals/Non Individual (except Corporate) - ₹300 + GST | Rs 350 p.a. (First 6 Month Free) |
| Advance Deposit | ₹0 | Rs 0 |
| Open Zerodha Account |
| Zerodha | Monarch Networth | |
|---|---|---|
| Dematerialisation Charges | ₹150 per certificate (+ ₹100 Courier charges) | Rs 5 Per Certificate with min Rs 40 Per request + Rs 45 Courier Charges per request |
| Rematerialisation Charges | ₹150 per certificate + CDSL charges + ₹100 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) |
| Rs 20 or 0.025% (Whichever is higher) |
| Pledge Creation Charges | ₹30 per request + GST | Rs 15 Per Instruction |
| Pledge Creation Confirmation Charges | ₹0 | |
| Pledge Invocation Charges | ₹20 | Rs 15 Per Instruction |
| Failed Instruction Charges | ₹50 per ISIN | Rs 50 Per Instruction |
| Other Charges |
Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date. | 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 |
| Zerodha Enquire | Monarch Networth Enquire | |
|---|---|---|
| Contact Broker | ZerodhaSpecial OfferInvest Smarter with India’s Leading Discount Broker
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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