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Navkar Direct Demat Account: Secure and Efficient Asset Management


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Navkar Direct Demat Account Review

Navkar Direct provides a cutting-edge approach to investment services and financial products to diverse clients. Established in 1999, Navkar has consistently maintained ethical values, transparency, and superior services in the financial sector. Navkar Direct was founded by Mr. Pradip B. Shah. Navkar has grown from serving a modest 100 customers to a substantial client base exceeding 15,000. Navkar Direct provides an extensive network of highly skilled experts and support staff for financial assistance. Navkar Direct is associated with major stock exchanges, including the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and Multi Commodity Exchange (MCX). Navkar Direct has a depository membership with Central Depository Services Limited (CDSL). Navkar Direct has the authority to offer trading and demat account opening services to customers. Navkar Direct offers an online trading platform for participating in trading and investing in the stock market.

Navkar Direct Demat Account Opening Charges

Account TypeCharges
Demat Account Opening Charges₹0
Demat Account AMC Charges₹300 per year (Individual account)
₹1200 per year (Corporate Account)

Documents Required for Opening Demat Account with Navkar Direct

You can open a demat account with Navkar Direct by providing the following documents:

1. Aadhar card

2. PAN card

3. Bank Account Details 

4. Address Proof

5. Passport-size photo

Navkar Direct Demat, Remat, and Other Charge Details

Demat Charges₹100 per request
Remat Charges₹100 per request
Transaction (Debit)up to Rs. 30/- per instruction
Pledge CreationRs. 50/ Request
Pledge Creation ConfirmationNIL
Pledge ClosureRs. 50/ Request
Pledge Closure ConfirmationNIL
Pledge InvocationRs. 100/ Request
Failed instruction charges₹0

Navkar Direct Customer Care Contact Details

Phone: (079) 2692-2424


Comments for Navkar Direct Demat Account: Secure and Efficient Asset Management



Frequently Asked Questions

The Stock Lending and Borrowing Mechanism is referred to as SLBM. A trader has the option to both lend their own stocks and borrow shares that they do not currently own through stock or security lending and borrowing (SLB). In this way, a trader can earn a lending fee for the stocks.
Besides mutual funds and IPOs, Navkar Direct also provides other financial products like equity, commodities, currency, derivatives, and SLBMs.
Demat Account Opening Charges are Rs. 0 in Navkar Direct.
Navkar Direct obtained memberships from the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Multi Commodity Exchange (MCX), and Central Depository Services Limited (CDSL).
Mr. Pradip B. Shah is the founder and director of Navkar Direct. He has more than 30 years of experience in the financial industry.
Yes, you can trade in both equity and commodity markets with Navkar Direct.
Yes, customers are able to open multiple trading and demat accounts with different brokers, but they are only allowed to maintain one account per broker.
Yes, Navkar Direct offers a mobile trading app called “Stoxplus.”
Navkar Direct is a stock brokerage firm registered with financial institutions under the name Navkar Share and Stock Brokers Private Limited.
Navkar Direct offers trading and investment services, such as equity trading, commodity trading, currency trading, mutual funds investing, IPO investing, etc.
A soft copy of the following documents is required in order to open an online account with Navkar Direct: i. ID proof (PAN card) ii. Address proof (Aadhar card/Voter ID/Passport) iii. Passport size photo; iv. Scanned signature; v. Income proof
Navkar Direct has branch offices in around 25 towns and cities across the country.
Yes, Navkar Direct provides educational resources for investors.