
Indiabulls Securities Ltd (ISL) is a registered depository participant (DP) with CDSL and NSDL to offer demat account services. Open a free Indiabulls Securities demat account at zero upfront cost. The discount broker offers a comprehensive range of trading products and services be it stocks, equity derivatives, commodity, currency, IPOs, and mutual funds.
| Transaction | Charges |
|---|---|
| Trading Account Opening Charges | Free |
| Trading AMC | Free |
| Demat Account Opening Charges | Free |
| Demat AMC | Rs 25 + GST per month from 1st month |
| Type | Details | Details |
|---|---|---|
| DP Source | CDSL | NSDL |
| Demat Account Annual Maintenance Charges (AMC) | Rs 25/month AMC + GST | ₹ 25/month AMC + GST |
| Statutory Charges (Stamp Charges payable upfront) | Nil | Nil |
| Advance Deposit | Nil | Nil |
| Transaction Charges (Market Trades) | ||
| Buy (Receive) | ₹ 0 | ₹ 0 |
| Sell (Debit) | For BSDARs. 50/- or .05% of the transaction value (whichever is Higher).For Non BSDA-within Indiabulls: ₹20/- or .02% of the transaction value (whichever is Higher). For Non BSDA-Outside Indiabulls ₹30/- or .03% of the transaction value (whichever | For BSDARs. 50/- or .05% of the transaction value (whichever is Higher).For Non BSDA-within Indiabulls: ₹20/- or .02% of the transaction value (whichever is Higher). For Non BSDA-Outside Indiabulls ₹30/- or .03% of the transaction value (whichever |
| Demat & Remat Charges | ||
| Demat | ₹5 per certificate (Min ₹50 per request) | ₹5 per certificate/unit + ₹50 courier charges |
| Remat | ₹35/- for every 100 securities/MF units or part thereof | ₹ 35/- for every 100 securities/MF units or part thereof |
| Pledge Charges | ||
| Pledge Creation | ₹35 or .02% of the transaction value (whichever is higher) | ₹35 or .02% of the transaction value (whichever is higher) |
| Pledge Creation Confirmation | ₹35 or .02% of the transaction value (whichever is higher) | ₹35 or .02% of the transaction value (whichever is higher) |
| Pledge Closure | ₹35 or .02% of the transaction value (whichever is higher) | ₹35 or .02% of the transaction value (whichever is higher) |
| Pledge Closure Confirmation | ₹35 or .02% of the transaction value (whichever is higher) | ₹35 or .02% of the transaction value (whichever is higher) |
| Pledge Invocation | ₹35 or .02% of the transaction value (whichever is higher) | ₹35 or .02% of the transaction value (whichever is higher) |
| Failed Instruction Charges | Nil | Nil |
| Other Charges Demat | — | — |
| Remarks | Penalty and interest charges: A penalty of 2% per month on the value outstanding on the bill after one month from the due date. | Charges on Actual basis :- Out of pocket expenses incurred on the dispatch of securities for Dematerialisation and communication charges incurred on out-station calls/faxes made specifically on request of the client will be charged on actuals. In case of BSDA Account :- The value of holdings exceeds Rs. 2,00,000/- on any date or the account holder cease to meet the eligibility criteria for BSDA, then charges would be levied as that applicable to regular account (non-BSDA) from that date onwards. Penalty and Interest Charges :- A penalty of 2% per month on the value outstanding on the bill after one month from the due date. Penalty and interest charges: Non-Payment of bill after 30 days :- Temporarily the Depository Services will be withdrawn from the payment due date. The renewal charges for resuming the Services will be Rs. 100/- per account. In the event of demat account closure or shifting of demat account to another DP, the upfront annual AMC collected is refundable to the extent of balance quarter(s). |