Navkar Direct is a leading stock brokerage firm that was founded in 1999 by Mr. Pradip B. Shah, who has experience in the financial industry for more than 30 years. Navkar Direct offers a wide range of financial products and services, such as equity trading, commodity trading, currency trading, derivatives, mutual funds, IPOs, SLBMs, etc. Navkar Direct is an authorized trading member of the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and Multi Commodity Exchange (MCX). Additionally, Navkar Direct also has a depository membership with Central Depository Services Limited (CDSL). Navkar Direct boasts of offering an advanced and robust trading platform to buy and sell securities in the stock market. Navkar Direct is available in more than 25 locations in cities across the country.
Navkar Direct Brokerage Details
Navkar boasts of offering affordable brokerage charges for buying and selling different types of securities in the stock market. Navkar Direct brokerage charges can vary for any individual customer according to their financial needs and funds. Navkar Direct does not charge brokerage fees greater than predefined brokerage by the stock exchange.
Navkar Direct Brokerage Charges Details
Segment
Charges Rate
Equity Delivery
min. Rs. 20 per order
Equity Intraday
min. Rs. 20 per order
Currency Futures
min. Rs. 20 per order
Currency Options
min. Rs. 20 per order
Commodity Futures
min. Rs. 20 per order
Commodity Options
min. Rs. 20 per order
Equity Futures
min. Rs. 20 per order
Equity Options
min. Rs. 20 per order
Navkar Direct Account Opening Charges Details
Account Type
Charges
Demat Account Opening Charges
₹0
Demat Account AMC Charges
₹300 per year (Individual account) ₹1200 per year (Corporate Account)
Trading Account Opening Charges
₹0
Trading Account AMC Charges
NA
Navkar Demat, Remat, and Other Charges Details
Particulars
Charges
Demat Charges
₹100 per request
Remat Charges
₹100 per request
Transaction (Debit)
up to Rs. 30/- per instruction
Pledge Creation
Rs. 50/Request
Pledge Creation Confirmation
NIL
Pledge Closure
Rs. 50/Request
Pledge Closure Confirmation
NIL
Pledge Invocation
Rs. 100/ Request
Failed instruction charges
₹0
Navkar Direct Customer Care Contact Details
Phone: (079) 2692-2424
Email: helpdesk@navkardirect.com
Comments for Navkar Direct Brokerage: Transparent Pricing and Competitive Rates
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.
Navkar Direct obtained memberships from the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Multi Commodity Exchange (MCX), and Central Depository Services Limited (CDSL).
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.
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
Open Instant Online Account
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