14 Brokers · Discount & Full-Service · Updated July 2026

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📖 Demat Glossary

Demat Account

Holds your shares electronically. Like a bank account — but for stocks, mutual funds, and bonds.

AMC (Annual Maintenance Charge)

Yearly fee to maintain your demat account. Most discount brokers now charge ₹0.

DP Charges

Depository Participant charge — levied when you SELL shares from your demat. Usually ₹13.5–₹25 per transaction.

CDSL / NSDL

Two government-regulated depositories in India. Both are equally safe. CDSL is used by most discount brokers.

⚠️

Brokerage rates are indicative. Charges may vary by segment (cash/F&O/commodity). GST, STT, and other statutory charges apply additionally. Verify current rates on the broker's official website before opening an account.

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Compare Demat Accounts —Start Investing for Free

Compare Demat Accounts —
Start Investing for Free