Top 5 Bank-Linked Demat Accounts with the Lowest Brokerage Charges
Last updated August 22, 2026
This IPO News guide/article covers “Top 5 Bank-Linked Demat Accounts with the Lowest Brokerage Charges”. The page is organized around parameters that define demat accounts with the lowest brokerage charges, top 5 bank-linked demat accounts with the lowest brokerage charges, 1. kotak neo, 2. hdfc securities, 3. icici direct. The source record was published on \",\"Monday, December 15, 2025\",\". IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Parameters That Define Demat Accounts with the Lowest Brokerage Charges
- Top 5 Bank-Linked Demat Accounts with the Lowest Brokerage Charges
- 1. Kotak Neo
- 2. HDFC Securities
- 3. ICICI Direct
- 4. SBI Securities
- 5. AXIS Prosperity by Axis Direct
- Top 2 Recommendations for Traders
- 2. ICICI Direct
- Top 2 Recommendations for Investors
- 1. Kotak NEO
- Benefits of Opening the Bank-Linked Demat Accounts
- How to Open an Instant Demat Account: A Step-by-Step Guide
- Conclusion
- Zerodha Trade@20
- Compare Stock Brokers Side-by-Side
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Brokerage structure: This displays the platform fee for delivery and intraday trades. A %age plan is usually suitable to low-volume users, whereas a flat fee plan is appropriate to frequent traders.
- HDFC Securities operates under HDFC Bank 3 in 1. The platform provides convenient charts, trusted execution of orders, and account security with the support of the bank ecosystem.
- 3 in 1 system combining savings, trading, and demat accounts to facilitate simple transactions.
- Step 1: Go to the broker platform and select the option of opening both a trading account and demat account.
- Step 2: Enter your mobile number and email ID.
- Step 3: Complete KYC through your PAN and date of birth.
- Step 4: Upload your bank statement, enter your bank account number and IFSC code or UPI ID by following the on-screen instructions.
- Step 5: Select the market segments that you wish to reach, like intraday, derivatives or equity delivery.
- Step 6: Take a proper selfie against a clear background. After this step, you have to upload your signature.
- Step 7: Check everything one more time and submit the form for verification. Once the review is done, you will receive your demat account number. The details and login credentials will reach you via email or SMS.
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Data Tables
| Platform | Account Opening Fee | Annual Maintenance Charge | Equity Delivery Brokerage | Equity Intraday or Call and Trade Charges |
|---|---|---|---|---|
| Kotak NEO | ₹99 for Trade Free Youth Plan | AMC structure is the same as Kotak demat rules since it uses Kotak demat | NIL | Intraday trades around ₹10 per order or 0.05% |
| HDFC Securities | Nil | AMC from the second year is about ₹500 for the Classic plan | Delivery around 0.2% to 0.75%, depending on the plan | Intraday, around 0.01% to 0.03% |
| ICICI Direct | Nil | First year free. Second year onward, about ₹700 plus taxes | Delivery varies by plan. | Call and Trade about ₹50 per order |
| SBI Securities | Nil | AMC around ₹500 | Delivery brokerage varies by plan; some plans have complementary limits | Intraday is often around ₹20 per order |
| AXIS Prosperity by Axis Direct | Nil | Axis Bank Customer: First Year: No AMC, Non-Axis Bank Customer: First Year: ₹350. For both customers, Second Year Onwards: ₹750. | Delivery brokerage starts from ~ 0.5% for this plan. | Intraday brokerage starts from 0.5%. |
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