Dhan vs HDFC Sky Demat Charges Compared (2026)

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Last updated: May 2026 · Charges and offers verified against official broker pages where noted.


  • Overview
  • Description
  • Brand/Store
  • Availability
  • User Rating
  • Review
  • Account opening & AMC
  • Account Opening Fee
  • AMC Upto ₹4 Lakh
  • AMC ₹4 to ₹10 Lakh
  • Brokerage Charges & Fees
  • Brokerage Plan
  • Commodity Futures charges
  • Commodity Options charges
  • Currency Futures charges
  • Currency Options charges
  • Equity Delivery Charges
  • Equity Futures charges
  • Equity Intraday Charges
  • Equity Options charges
  • Pledge Charges
  • Interest on Margin Trading
  • Margin Re-Pledge
  • Pledge Creation Charges
  • Pledge Invocation Charges
  • Leverage (Margin) Offered
  • Equity Delivery Margin
  • Equity Intraday Margin
  • Unique Offerings
  • Brokerage Cashback
  • Flexible Brokerage Plans
  • Free Brokerage
  • Free Equity Delivery
  • Free Intraday Trading
  • No Brokerage on Loss Trades
  • STT & CTT Charges
  • Currency Futures STT & CTT
  • Currency Options STT & CTT
  • Equity Delivery STT & CTT
  • Equity Futures STT & CTT
  • Equity Intraday STT & CTT
  • Equity Options STT & CTT
  • Transaction Charges
  • Comm. Futures Trxn. Charges
  • Comm. Options Trxn. Charges
  • Curr. Futures Trxn. Charges
  • Curr. Options Trxn. Charges
  • Equity Del. Trxn. Charges
  • Equity Futures Trxn. Charges
  • Equity Intra. Trxn. Charges
  • Equity Options Trxn. Charges
  • Stamp Duty charges
  • Commodity Futures Stamp Duty
  • Commodity Options Stamp Duty
  • Currency Futures Stamp Duty
  • Currency Options Stamp Duty
  • Equity Delivery Stamp Duty
  • Equity Futures Stamp Duty
  • Equity Intraday Stamp Duty
  • Equity Options Stamp Duty
  • Other Charges
  • Account Closure Charges
  • Call and Trade charges
  • Dematerialization Charges
  • DP Charges
  • GST charges
  • Reactivation Charges
  • SEBI Turnover Charges
  • Auto Square off Charges
  • KRA, CKYC, ESign Charges
  • Dhan Review 2026: Demat Charges, AMC & Brokerage

    Dhan Review 2026: Demat Charges, AMC & Brokerage

    9.6

  • Dhan demat account review: opening fee ₹0, AMC ₹0 (Free for lifetime), and brokerage charges updated May 2026. Informational only—not investment advice.

  • In stock
  • -
  • Features & Services Provided
    9
    Brokerage Charges & Fees
    9.6
    Users Rating
    9.8
    User Interface
    9.5
    Customer Support
    9

  • ₹0

  • ₹0 (Free for lifetime)

  • ₹0/year

  • Regular flat-fee online plan

  • ₹20 per executed order

  • ₹20 per executed order

  • ₹20 per executed order

  • ₹20 per executed order

  • ₹0

  • ₹20 per executed order

  • Lower of ₹20 or 0.03%

  • ₹20 per executed order

  • 12.49% to 16.49% p.a. (Tiered)

  • Yes

  • ₹15 + GST per ISIN

  • ₹15 + GST per ISIN

  • 1x; 100% upfront delivery margin

  • Up to 5x

  • No

  • No

  • No

  • Yes

  • No

  • No

  • Nil

  • Nil

  • STT 0.10% on buy and sell

  • STT 0.05% on sell side

  • STT 0.025% on sell side

  • STT 0.15% on sell side premium; 0.15% on exercise intrinsic value

  • MCX 0.00210%; NCDEX 0.0058%

  • MCX 0.0418%; NCDEX 0.03%

  • NSE 0.00035% on turnover

  • NSE 0.0311% on premium

  • NSE 0.00307%; BSE 0.00375%

  • NSE 0.00183% on contract value

  • NSE 0.00307%; BSE 0.00375%

  • NSE 0.03553% on premium; BSE 0.0325% on premium

  • 0.002% on buy side

  • 0.003% on buy side premium

  • 0.0001% on buy side

  • 0.0001% on buy side

  • 0.015% or ₹1,500/crore on buy side

  • 0.002% or ₹200/crore on buy side

  • 0.003% or ₹300/crore on buy side

  • 0.003% or ₹300/crore on buy side

  • ₹0

  • ₹50 per order + GST

  • ₹250 per certificate + courier

  • ₹12.50 + GST per ISIN

  • 18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges

  • ₹0

  • ₹10/crore or 0.0001% of turnover

  • ₹20 per order + GST

  • ₹0

  • HDFC Sky Review 2026: Demat Charges, AMC & Brokerage

    HDFC Sky Review 2026: Demat Charges, AMC & Brokerage

  • HDFC Sky demat account review: opening fee ₹0, AMC ₹240/year (₹20/month after first year), and brokerage charges updated May 2026. Informational only—not investment advice.

  • In stock
  • -

  • ₹0

  • ₹240/year (₹20/month after first year)

  • ₹100/year (BSDA)

  • Regular HDFC Sky online pricing

  • Lower of ₹20 or 2.5% per executed order

  • ₹20 per executed order

  • Lower of ₹20 or 2.5% per executed order

  • ₹20 per executed order

  • Lower of ₹20 or 2.5% per executed order

  • Lower of ₹20 or 2.5% per executed order

  • Lower of ₹20 or 2.5% per executed order

  • ₹20 per executed order

  • MTF 1% per month (12% p.a.)

  • Yes

  • ₹20 + GST per request

  • ₹20 + GST per request

  • 1x; 100% upfront delivery margin

  • Up to 5x

  • No

  • No

  • No

  • No

  • No

  • No

  • Nil

  • Nil

  • STT 0.10% on buy and sell

  • STT 0.05% on sell side

  • STT 0.025% on sell side

  • STT 0.15% on sell side premium; 0.15% on exercise intrinsic value

  • MCX 0.00210%; NCDEX 0.0058%

  • MCX 0.0418%; NCDEX 0.03%

  • NSE 0.00035% on turnover

  • NSE 0.0311% on premium

  • NSE 0.00307%; BSE 0.00375%

  • NSE 0.00183% on contract value

  • NSE 0.00307%; BSE 0.00375%

  • NSE 0.03553% on premium; BSE 0.0325% on premium

  • 0.002% on buy side

  • 0.003% on buy side premium

  • 0.0001% on buy side

  • 0.0001% on buy side

  • 0.015% or ₹1,500/crore on buy side

  • 0.002% or ₹200/crore on buy side

  • 0.003% or ₹300/crore on buy side

  • 0.003% or ₹300/crore on buy side

  • ₹0

  • ₹20 per call

  • ₹50 per certificate

  • ₹20 + GST per scrip

  • 18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges

  • ₹0

  • ₹10/crore or 0.0001% of turnover

  • ₹50 + GST per squared-off position

  • ₹0

By Ajay Bohra · About the author

For Annual Maintenance Charges (AMC), Dhan lists ₹0 (Free for lifetime); HDFC Sky lists ₹240/year (₹20/month after first year). Informational only; confirm tariffs on each broker's official site before opening an account.

This Dhan vs HDFC Sky guide compares charges and account terms for Dhan and HDFC Sky. Figures in the table below match the live comparison widget above. Confirm current tariffs on each broker’s official website before opening an account. More comparisons: broker comparisons hub.

Charges at a glance

ParameterDhanHDFC Sky
Annual Maintenance Charges (AMC)₹0 (Free for lifetime)₹240/year (₹20/month after first year)
Brokerage PlanRegular flat-fee online planRegular HDFC Sky online pricing
Equity Delivery Charges₹0Lower of ₹20 or 2.5% per executed order
Equity Intraday ChargesLower of ₹20 or 0.03%Lower of ₹20 or 2.5% per executed order
Equity Futures charges₹20 per executed orderLower of ₹20 or 2.5% per executed order

Key differences

  • Annual Maintenance Charges (AMC): Dhan — ₹0 (Free for lifetime); HDFC Sky — ₹240/year (₹20/month after first year).
  • Brokerage Plan: Dhan — Regular flat-fee online plan; HDFC Sky — Regular HDFC Sky online pricing.
  • Equity Delivery Charges: Dhan — ₹0; HDFC Sky — Lower of ₹20 or 2.5% per executed order.
  • Equity Intraday Charges: Dhan — Lower of ₹20 or 0.03%; HDFC Sky — Lower of ₹20 or 2.5% per executed order.
  • Equity Futures charges: Dhan — ₹20 per executed order; HDFC Sky — Lower of ₹20 or 2.5% per executed order.

Individual broker reviews

Read our detailed reviews: Dhan demat review.

FAQs

What is the Dhan demat account opening fee?

₹0. Confirm on Dhan's official site.

What is the HDFC Sky demat account opening fee?

₹0. Confirm on HDFC Sky's official site.

What is the Dhan demat AMC?

₹0 (Free for lifetime). Confirm on Dhan's official site.

What is the HDFC Sky demat AMC?

₹240/year (₹20/month after first year). Confirm on HDFC Sky's official site.

What are Dhan equity delivery brokerage charges?

₹0. Confirm on Dhan's official site.

What are HDFC Sky equity delivery brokerage charges?

Lower of ₹20 or 2.5% per executed order. Confirm on HDFC Sky's official site.

What are Dhan equity intraday charges?

Lower of ₹20 or 0.03%. Confirm on Dhan's official site.

What are HDFC Sky equity intraday charges?

Lower of ₹20 or 2.5% per executed order. Confirm on HDFC Sky's official site.

Brokerage plans, AMC slabs, and F&O tariffs can change. Use the comparison table at the top of this page for side-by-side product fields, and verify final numbers on official broker sites before you trade. This page is for information and education only—not personalized investment advice.

Sources checked

  • SEBI — investor education & regulations
  • NSE India — market reference
  • Official broker pricing/charges pages — verify on each broker's site before opening an account

Risk warning: Investing and trading involve market risk. Brokerage charges and platform features change. This article is for information only, not investment advice.

See our review methodology · affiliate disclosure

Lets Think Wise

Lets Think Wise helps Indian investors compare brokers, estimate trading costs and understand investing tools through practical, research-based content.

Disclaimer

Content on Lets Think Wise is for informational and educational purposes only and should not be considered investment advice. Investing and trading involve market risk. Brokerage charges, platform features and terms may change over time, so always verify details from official broker websites before making financial decisions.

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