Need Suggestions for best demate account for LIC IPO
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Need Suggestions for best demate account for LIC IPO.
low maintenance cost
fully online
low on brokerage
and safe
also if any rewards or referral.
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When are they coming with their IPO?
Seems like CDSL will soon fly high and i hope so CAMS does too
@malikcool @bikidas2060
Date is not announced yet.
So the advertisements are working.
upstox has reward on refferal
Do you want to create a demat account only for ipo?
both IPO and trading
I have 5 paisa, if u want i can refer you.
I was having it but now it’s dormant.
Go for finvasia.
can we close a cdsl account directly at cdsl
for the same purpose I opened it with finvasia.
Let me know if anyone need referral. Do ping me.
Upstox / Groww / Finvasia / Paytm Money / Zerodha
Better resolution image link: https://i.ibb.co/Wk4vQQY/broke...ng
# Account Maintenance Charges & Platform Usage charges are yearly.
# Brokerage charges are for equity delivery, applied per scrip/company, on both buy & sell. Number of shares does not matter.
# DP Charges apply when you sell stocks, applied per scrip/company. Number of shares does not matter.
# Funding charges for Groww are not known to me, if someone knows, please let me know, I’ll update.
# Funding charges are applicable if funds are added to trading account via netbanking option. You can avoid these charges by using UPI/IMPS/NEFT, which are free, but have daily limits, which should be fine for most people.
# GST is extra for all charges
PS: Finvasia, Groww & Paytm Money mention their zero maintenance charges on their pricing page, but Upstox does not for some reason. For Upstox, you’ve to go to account opening page and there they show this:
For upstox, AMC is 150+GST
https://upstox.com/demat-ac...t/
For everyone
For each PAN if our holdings are less than Rs. 50,000/- then NO AMC is applicable be it Zerodha, HDFC or others.
Search about BSDA Account. As OP need it only for LIC IPO & assuming he will be allotted 1 lot [& has no other holdings] AMC will be ZERO.
What is a Basic Service demat Account? (zerodha.com)
P.S. My preference would be ZERODHA.
only Zerodha, IIFL etc automatically detect if the account is a BSDA or not. Otherwise, brokers like HDFC sec, ICICI Direct etc have separate form to be filled in.
Dhan n Fyer’s give free demat accounts without any conditions
Groww. Some scratch card for referral