5 Free Demat Account with No Annual Charges in india

WhatsApp Group Join Now
Telegram Group Join Now

Are you searching Best App for free demat account with no annual charges in india ? if yes then you are at the right place. Here I will tell you 5 best broker app to open demat account free of cost with 0 Rs AMC charge.

demat account with no annual charges in india

1. Groww

Groww is the second largest stock broker in India. In this account opening charge is Rs.0 and AMC charge is also Rs.0. So you can open an account in it without any worry.

The special thing about groww is its user interface which is very convenient. Its interface is very good so that everything is understood very well. In this, you can invest in stocks, trading, investing in mutual funds, investing in IPOs and investing in US stocks.

Talking about the rest of the charge of Groww, its charges are as follows

  • Equity Delivery Charge: Rs.20 or 0.05%/ Executed Order
  • Intraday Charge : Rs.20 or 0.05%/ Executed Order
  • F&O Charge : Rs.20/ Executed Order

Open Groww Account

2. Upstox

Groww is the 4th largest stock broker in India. In this account opening charge is Rs.0 and AMC charge is also Rs.0. You can open Demat and trading account without any worry in this also.

Upstox lets you invest money in Stocks, Mutual Funds, Commodities, Future & Options, IPOs and NFOs. Talking about the rest of the charges of Upstox, its charges are as follows

  • Equity Delivery Charge: Rs.20 or 0.05%/ Executed Order
  • Intraday Charge : Rs.20 or 0.05%/ Executed Order
  • F&O Charge : Rs.20/ Executed Order

Open Upstox Account

3. Dhan

Dhan is a popular stockbroker who is providing very good service. The rating of this app is 4.6 on Google Play Store and more than 1 million downloads have been done.

Even on this, you can open Demat and trading account for free, as well as there is no annual AMC charge. Investing in ETFs, F&O, Currencies, Commodities and IPOs with Dhan is simple, fast and secure. The remaining charges of Dhan are as follows

  • Equity Delivery, ETF & IPO Charge: Rs 0
  • Equity Intraday & All Segment Futures Charges : ₹20 or 0.03% of trade value per executed order, whichever is lower.
  • For All Segment Options Charge : ₹20 of trade value per executed order for equity, commodity & currency options

Open Dhan Account

4. Fyers

Fyers is a discount broker like Zerodha which is offering a lot of services. You can open Demat and trading account for free on Fyers. In this also the AMC charge is Rs.0. You can invest in equities, currencies, derivatives and thematic investing at NSE with Fyer. The rest of the Fyers charges are as follows

  • Equity Delivery, ETF, Thematic & Mutual Funds Charge: Rs.0
  • Intraday Charge : ₹20 or 0.03% per executed order, whichever is lower.
  • Options Charge : Flat ₹20 per executed order.
  • Futures Charge : ₹20 or 0.03% per executed order, whichever is lower.

Open Fyres Account

5. Paytm Money

As Paytm is in the name itself, you can understand that it is a product of Paytm only. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL

Paytm Money offers pension plans, equity trading, IPO investments, ETFs, F&O trading and digital gold. Paytm Money also does not charge any account opening charges and also does not charge AMC. The rest of the charge of Paytm Money is as follows

  • Equity Delivery Charge: ₹0.01 per executed order
  • Intraday Charge : Minimum of 0.05% of turnover or ₹10
  • F&O Charge : Minimum of 0.02% of turnover or ₹10 per executed order on intraday and carry forwarded trades in equity Futures and ₹10 per executed order in Options

Open Paytm Money Account

Read This Post

Conclusion – These are the 5 stockbrokers where you can open free demat account without AMC charges. keep visiting the blog for the latest information

By Akak

Hello, I am the owner of this website. I will try my best to give you correct information through this blog. If you like the articles written by me, you can inform us through email.

Leave a Reply

Your email address will not be published. Required fields are marked *