Demat reviews, broker comparisons, and investing guides for Indian investors
Dhan vs Zerodha
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Last updated: May 2026 · Charges and offers verified against official broker pages where noted.
Zerodha demat account charges, features, and safety — verified against official sources.
In stock
-
2010
Nithin Kamath, Nikhil Kamath
₹0
₹300 + GST/year for non-BSDA resident accounts (₹75/quarter)
₹100/year (BSDA)
Regular Zerodha online plan
₹20 or 0.03% per executed order, lower
₹20 per executed order
₹20 or 0.03% per executed order, lower
₹20 per executed order
₹0
Lower of ₹20 or 0.03% per executed order
Lower of ₹20 or 0.03% per executed order
₹20 per executed order
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
No
14.60% p.a. (0.04%/day)
Yes
₹30 + GST per ISIN standard; ₹15 + GST per ISIN for MTF
₹30 + GST per ISIN standard; ₹15 + GST per ISIN for MTF
1x; 100% upfront delivery margin
Up to 5x
No
No
Yes
No
No
Yes
No
No
No
No
Yes
No
No
Yes
Yes
Yes
No
Yes
Yes
Yes
Yes
No
Yes
No
Yes
Yes
No
Yes
Yes
Yes
Yes
Yes
No
Yes
No
No
Yes
No
No
No
No
No
Yes
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
Yes
No
Yes
Yes
No
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
No
No
Yes
Yes
Yes
Yes
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
₹150 per certificate
₹13 + 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
₹50 per order
Free
₹0
This Dhan vs Zerodha guide compares charges and account terms for Dhan and Zerodha using our master broker sheet (updated from the same source as the live table above). Figures below are copied verbatim from that sheet—confirm current tariffs on each broker’s official website before opening an account. More comparisons: broker comparisons hub.
Charges at a glance
Parameter
Dhan
Zerodha
Annual Maintenance Charges (AMC)
₹0 (Free for lifetime)
₹300 + GST/year for non-BSDA resident accounts (₹75/quarter)
Brokerage Plan
Regular flat-fee online plan
Regular Zerodha online plan
Equity Intraday Charges
Lower of ₹20 or 0.03%
Lower of ₹20 or 0.03% per executed order
Equity Futures charges
₹20 per executed order
Lower of ₹20 or 0.03% per executed order
Key differences from our sheet
Annual Maintenance Charges (AMC): Dhan — ₹0 (Free for lifetime); Zerodha — ₹300 + GST/year for non-BSDA resident accounts (₹75/quarter).
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.
