Demat Account?

Status
Not open for further replies.
i am Punjab National Bank Demat account holder....

Its very cheap plus extra services like phone and email notifications are free....services are also good
 
Just a suggestion....

Dont use banks who offer demat a/c - Like HDFC, ICICI, SBI etc, They are banks & just try to keep funds with them & add on service with huge brokerage..

Try Angel broking, India bulls or Sharekhan.

PM me if you are interested in cheap brokerage of 3 Paisa & 25 Paisa..
 
I have both ICICI and Reliance. The latter is cheaper when it comes to low nett transaction values. The site has also become a lot better now than it was when launched. All said however, ICICI handles heavy volume days far better.
 
I have a Sharekhan acc n m too happy with it..

But their JAVA n Flash based interfaces are bad..

How about others who are using Sharekhan Dmat account?
 
Thanks for the suggestions people. So will stay away from the banks.

Its probably going to be a very very low net volume/turnover account, for the occasional investment ONLY.

Will look at IndiaBulls Vs Angel Vs Sharekhan
 
I've got a kotak account, and I find it very easy to use, reasonably priced, and they've got a really good online trading program.
I'd suggest first trying your current bank..should be more hassle free.
And if you're only going to invest, then the rates don't matter much...there's hardly a difference of about .2-.5% between most brokerages anyway.
Look for ease of use/access, and customer care.
 
Have heard good things about kotak from a friend as well. I have accumulated multiple bank accounts over time, so wont need to open a new one anyway, no matter which one I chose. Will check out Kotak as well.
 
Indiabulls Demat account is the only account AFAIK on which you do not have to pay any charges every year

All others will charge you more then Rs 250/- per year
 
Status
Not open for further replies.