Axis Direct is the brokerage arm of one of the biggest banks, Axis bank. Established in 2011 as a full-service broker, Axis Direct enjoys a lot of trust in the market because of its parent firm, Axis bank. Axis Direct has an active client base of 4,19,045 as of October 2024.
1 or more plans offered by this broker, which outlines Account opening and maintenance fees, Brokerage charges, and Margins. Use plan switcher to see differences if multiple plans are available.
Account Opening Charges
FreeAccount Maintenance Charges
₹ 790Plan Charges
₹ 5,555Call & Trade Charges
FreeEquity Delivery Brokerage
0.25%Equity Intraday Brokerage
0.03%Equity Futures Brokerage
0.03%Equity Options Brokerage
₹ 20Currency Futures Brokerage
0.03%Currency Options Brokerage
₹ 10Commodity Futures Brokerage
0.03%Commodity Options Brokerage
₹ 10Equity Delivery Margin
4xEquity Intraday Margin
4xEquity Futures Margin
4xEquity Options Margin
4xCurrency Futures Margin
4xCurrency Options Margin
4xCommodity Futures Margin
4xCommodity Options Margin
4x1 or more plans offered by this broker, which outlines Account opening and maintenance fees, Brokerage charges, and Margins. Use plan switcher to see differences if multiple plans are available.
Account Opening Charges
FreeAccount Maintenance Charges
₹ 790Plan Charges
₹ 1,500Call & Trade Charges
₹ 20Equity Delivery Brokerage
0.50%Equity Intraday Brokerage
0.05%Equity Futures Brokerage
0.05%Equity Options Brokerage
₹ 20Currency Futures Brokerage
0.03%Currency Options Brokerage
₹ 25Commodity Futures Brokerage
0.03%Commodity Options Brokerage
₹ 25Equity Delivery Margin
4xEquity Intraday Margin
4xEquity Futures Margin
4xEquity Options Margin
4xCurrency Futures Margin
4xCurrency Options Margin
4xCommodity Futures Margin
4xCommodity Options Margin
4x1 or more plans offered by this broker, which outlines Account opening and maintenance fees, Brokerage charges, and Margins. Use plan switcher to see differences if multiple plans are available.
Account Opening Charges
₹ 499Account Maintenance Charges
₹ 790Call & Trade Charges
FreeEquity Delivery Brokerage
0.50%Equity Intraday Brokerage
0.05%Equity Futures Brokerage
0.05%Equity Options Brokerage
₹ 20Currency Futures Brokerage
0.03%Currency Options Brokerage
₹ 25Commodity Futures Brokerage
0.03%Commodity Options Brokerage
₹ 25Equity Delivery Margin
4xEquity Intraday Margin
4xEquity Futures Margin
4xEquity Options Margin
4xCurrency Futures Margin
4xCurrency Options Margin
4xCommodity Futures Margin
4xCommodity Options Margin
4xYes, you can open a demat account with Axis Bank using its AxisDirect feature.
There isn’t any demat account opening charge. But there are other charges. You can view a comprehensive schedule of all charges here.
3-in-1 account is a combo bundle consisting of a Savings bank account, a Trading account and a Demat account. In addition to providing a wide range of investment products, it enables seamless transactions between these three accounts.
Axis Bank Direct is a platform that provides a 3-in-1 online investment account. Its mobile app allows customers to buy and sell, watch their portfolio, track live markets and trade on the go.
Axis Direct is a platform that provides users with a 3-in-1 account. This includes a Savings bank account, a Trading account and a Demat account.
You can open an account in just 15 minutes by following the below-listed steps:
Click on open Axis Bank Demat account
Fill in your name, phone number and a verified email address.
An OTP will be sent to your mobile number to verify.
Now, enter the PAN number and date of birth to complete the next step.
Fill up the personal details like Name, Permanent address, Residential status, Marital status etc.
Fill up bank details like Bank Name, Bank account number, IFSC code
Make your payment
Upload your documents like Aadhar card/driving licence/voter ID/passport
And the last step will be E-signing your account opening form.
Axis Securities offers various trading platforms based on customers' investment style.
DirectTrade
Swift Trade
Mobile Trading
Customers can Trade/Invest through these.
Depository Participant Identification is a number that is assigned to the Depository Participant such as a broking firm, financial institution, bank by the NSDL and CDSL.
AxisDirect offers a 3-in-1 account, an integrated Trading, Demat and Bank account. This account offers a seamless transaction of money and shares between the three accounts. So, when the money gets transferred from your bank account to your trading account, the statement which is shown is known as axis direct debit.
To close your Axis Demat account the following details must be furnished with the account closure form:
Your ID and your Depository Participant ID.
KYC details like name and address that match with details submitted to Axis Securities.
The reason for closing the demat account.
Ensure that there are no dues on your account as well as no untraded securities.
A bank employee must mandatorily submit and verify the self-attested identity proof copy.
Yes, Axis demat accounts are safe as all demat accounts are opened with Central Depository Services Limited(CDSL). Axis acts as only an intermediary between the customer and the central depository.
Any unutilised amount is automatically released at the end of the day. To withdraw money from your Axis Direct account, proceed with the following steps:
Log in to AxisDirect.in
Click on “Limits”.
Select “Cash Limit” option.
Under “Fund Hold and Release” option, enter the withdrawal amount and click on “Release”.
No Axis Direct is not free. The Fixed Plan on Axis Direct has an account opening cost of ?999 and fixed brokerage charges.