Ajay Bohra
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Last updated: May 2026 · Charges and offers verified against official broker pages where noted.
- Overview
- Account opening & AMC
- Brokerage Charges & Fees
- Pledge Charges
- Leverage (Margin) Offered
- Unique Offerings
- STT & CTT Charges
- Transaction Charges
- Stamp Duty charges
- Other Charges
For Annual Maintenance Charges (AMC), HDFC Sky lists ₹240/year (₹20/month after first year); Zerodha lists ₹300 + GST/year for non-BSDA resident accounts (₹75/quarter). Informational only; confirm tariffs on each broker's official site before opening an account.
This HDFC Sky vs Zerodha page is written as a practical side-by-side decision guide. Treat the table as a current reference point and confirm final tariffs and terms on official broker pages before opening or switching accounts.
Charges at a glance
| Parameter | HDFC Sky | Zerodha |
|---|---|---|
| Account Opening Fee | ₹0 | ₹0 |
| Annual Maintenance Charges (AMC) | ₹240/year (₹20/month after first year) | ₹300 + GST/year for non-BSDA resident accounts (₹75/quarter) |
| Brokerage Plan | Regular HDFC Sky online pricing | Regular Zerodha online plan |
| Equity Delivery Charges | Lower of ₹20 or 2.5% per executed order | ₹0 |
| Equity Intraday Charges | Lower of ₹20 or 2.5% per executed order | Lower of ₹20 or 0.03% per executed order |
| Equity Futures charges | Lower of ₹20 or 2.5% per executed order | Lower of ₹20 or 0.03% per executed order |
| Equity Options charges | ₹20 per executed order | ₹20 per executed order |
Key charge differences
- Annual Maintenance Charges (AMC): HDFC Sky — ₹240/year (₹20/month after first year); Zerodha — ₹300 + GST/year for non-BSDA resident accounts (₹75/quarter).
- Brokerage Plan: HDFC Sky — Regular HDFC Sky online pricing; Zerodha — Regular Zerodha online plan.
- Equity Delivery Charges: HDFC Sky — Lower of ₹20 or 2.5% per executed order; Zerodha — ₹0.
- Equity Intraday Charges: HDFC Sky — Lower of ₹20 or 2.5% per executed order; Zerodha — Lower of ₹20 or 0.03% per executed order.
- Equity Futures charges: HDFC Sky — Lower of ₹20 or 2.5% per executed order; Zerodha — Lower of ₹20 or 0.03% per executed order.
Also read: Indmoney Vs Zerodha Charges
HDFC Sky vs Zerodha: Dematerialization Charges
It is possible to turn your paper share certificates into electronic shareholdings. This is called “dematerialization of shares,” which is also the name of the process.
When you use HDFC Sky, you have to pay ₹50 for each share certificate plus courier fees.
In order to dematerialize a share certificate, Zerodha charges ₹150 per certificate plus ₹100 for the courier service and 18% GST.
Deposit via Netbanking on HDFC Sky and Zerodha
These are the fees associated with the payment gateway, and they amount to:
- HDFC Sky charges as per bank fee per transaction that is made via Internet banking. (There is no fee for deposits that are carried out via UPI)
- In Zerodha, ₹9 + GST (Not levied on transfers done via UPI)
HDFC Sky vs Zerodha: Charges for Call and Trade
- An extra fee of ₹20 / Call is charged for each order placed through HDFC Sky trading desk.
- Orders placed through a dealer at Zerodha, including orders with auto square-off, are subject to additional fees of ₹50 per order. Read all the charges by HDFC Sky here.
HDFC Sky vs Zerodha: Regulatory Charges
Exchange Transaction Charges for both Buy and Sell.
| Broker | Type of Charge | Equity Delivery | Equity Intraday | Futures | Options |
| HDFC Sky | Exchange Transaction Charges (Delivery and Intraday for both Buy and Sell) | 0.00325% NSE & BSE | 0.00325% NSE & BSE | – 0.00230%(on contract value) NSE – 0 BSE | – 0.056% (on premium) NSE – 0.0050%(on premium) BSE |
| Zerodha | Exchange Transaction Charges (Delivery and Intraday for both Buy and Sell) | 0.10% Delivery: Buy and Sell | 0.025% Intraday Sell | NSE: 0.0019% BSE: 0 | NSE: 0.05% (on premium) BSE: 0.005% (on premium) |
Also read: Groww vs Indmoney: In-depth comparison
Comparison of HDFC Sky vs Zerodha based on user reviews
HDFC Sky
- The HDFC Sky mobile app’s simple but beautiful user design has been praised by users.
- The platform offers free help with learning and advisory services.
Zerodha
- A lot of people like Zerodha because it has great trading tools and low fees.
- However, some users have said that the process of making an account is slow.
- There are also complaints about technical glitches, especially during peak hours.
- Some users have said that the customer service was bad because they had to tell the same problem more than once.
- Some users have also said they don’t like having to open a Demat account to invest in mutual funds.
Final Verdict
Both brokers have been registered by SEBI and let you invest in stocks, bonds, currencies, and commodities. Both of these brokers offer discounts. In general, HDFC Sky has a lower rating than Zerodha. There are 4.5 out of 5 stars for Zerodha and only 4 out of 5 stars for HDFC Sky. Zerodha has 64,75,590 active customers, while HDFC Sky has 9,94,904 active customers. HDFC Sky doesn’t have as many customers as Zerodha. It turns out that both brokers are good, but Zerodha is better than HDFC Sky when it comes to customer service, trading platforms, and brokerage.
Charge figures and platform features change; confirm current HDFC Sky and Zerodha tariffs on each broker’s official site before trading.
Ajay Bohra writes about Demat accounts, trading apps, broker charges, referral offers, and personal finance tools for Indian users. His work focuses on explaining account-opening steps, brokerage structures, platform features, and referral terms in simple language. The content is educational and should not be treated as personalized investment advice.
