In this article, I am providing the list of Major Stock Brokers in Pune. Maharashtra.
Being known as Oxford of East, Pune has lot of educational institutions which are of high reputes. Located between Mula and Muth rivers, Pune exhibits both local culture and cosmopolitan culture.
Being closer to Mumbai, financial capital of India, people of Pune are also interested in Stock market. Hence almost all major stock brokers of India have their presence in Pune.
So if you are interested in opening a demat account, Pune has lot of option.
But, before you decide to open your account with any stock brokers, I strongly suggest you to go through some of the below articles to understand various types of stock brokers operating in India.
Once you open an account, it is quite cumbersome to change the broker. One may be looking for lowest brokerage charges, another guy may be looking for trading tips and ready to pay higher brokerage. So decide and choose carefully depending upon your requirement.
However, If you still need any help in choosing the broker, you can always contact me.
Best Stock Brokers in Pune
There are many share brokers based out of your city.
Here is the list of Top Stock Brokers in Pune
- Zerodha
- Angel Broking
- Motilal Oswal
- India Infoline
- ICICI Direct
- HDFC Securities
#1. Zerodha
Zerodha are the biggest stock broker of India. They have the client base which is more than any other share brokers of India.
They started in 2010, but within 8 years they overtook major stock brokers such as ICICI Direct and Sharekhan.
To know more about Zerodha, Read this complete review.
Advantages of Zerodha
- Zero brokerage on delivery (Investments)
- Rs 20/order for intraday, F&O , Currency and Commodities
- Offers Best mobile trading App for customer for free
- Trading platforms are available in regional languages
- Account can be opened instantly through Aadhar at Zerodha
Zerodha Brokerage Charges :
Zerodha Office Address in Pune:
office no 12 2nd floor
Shroff Suyash
Near union bank and Grillicious Restaurant
Baner Road
Pune 411045
Website: Zerodha Website
Use below button to open account completely online without visiting any branch within 20 minutes. (you need Aaadhar and it should be linked to mobile)
Zerodha Account opening charges:
- If opened online : Rs 200
- If opened offline by submitting forms : Rs 400
SAVE200 : Now you can save Rs200 by opening the account online. No need to visit any branch. I have writtened a detailed step by step procedure to open Zerodha account online with screenshots. You can refer this article for that.
Use below button to go directly go to the Zerodha account opening page.
#2. Angel Broking
Angel Broking was started as full service broker but owing to competition from discount brokers, they also now adapted the discount brokerage model.
Read complete details about Angel Broking in this review.
Also check out how Angel Broking fares against Zerodha at this side by side comparision of Angel Broking Vs Zerodha.
Below table captures the brokerage charges of Angel Broking.
Angel Broking Pune Branch address:
Atur House,Office no.4,1st Floor,
16 Wellesley road,Above Maratha Samrat Hotel,
Near BMW Showroom,Camp,
Pune-411001
Website : Angel Broking Website
OFFER : Angel Broking has made the account opening charges and AMC for the first year free. You can avail the offer by visiting page through below button
#3. Motilal Oswal
Motilal Oswal is another leading stock broker who are into the brokerage business since 1987. Apart from equities, they also provide service in mutual funds, bonds and Portfolio Management Services (PMS).
They invest considerable amount of their revenue for stock research. Hence the reserach papers from them is widely acknowledged.
To know more about Motilal Oswal, you can check out this detailed review.
Motilal Oswal also have their branches in Pune
Motilal Oswal Pune Branch address:
Millennium Towers, Bhandarkar Road, Shivaji Nagar
Pune – 411004
Website : Motilal Oswal Website
OFFER : Motilal Oswal has made the account opening charges and AMC for the first year free. You can avail the offer by visiting page through below button
#4. India Infoline (IIFL)
India Infoline is one of the reputed full service broker of India. They were established in year 1995.
Apart from equities, they provide investment/trading in derivatives, commodities. currencies. They also provide advisory services.
To know more about them and India Infoline (IIFL) offerrings, read this review.
Also read : IIFL Vs Zerodha
Brokerage charges of IIFL are resonable when compared to other full service brokers.
Below table has the details of brokerage charges of IIFL.
IIFL Office Address in Pune:
Lohia Jain It Park, Survey No 150/A/1+2,
Plot No 1, Kothrud, Paud Road
Pune 411038
Website: IIFL Website
OFFER : Currently, account opening fee is waived off for accounts opened in online mode. Also, first year Annual Maintenance Charge (AMC) for first year also waived off.
To avail this offer, use below button to open account.
#5. ICICI Direct
ICICI Direct is brokerage arm of ICICI Bank which is one of the premier bank of India.
Since it is from a bank, it is a 3-in-1 demat account of integration of savings, demat and trading account.
to know more about ICICI Direct and charges, read this review.
ICICI Direct brokerage charges are on higher side. Check out how ICICI Direct compares with top discount broker Zerodha, side by side comparision of ICICI Direct Vs Zerodha.
ICICI Direct Branch Address in Pune:
Ground Floor, Plot No. 311, Cts No. 927,
Sanas Memories, Office No. 3,
F. C. College Road,
PUNE
Pin Code : 411005
#6. HDFC Securities
HDFC Securities is backed by largest bank of India, HDFC Bank.
Again, HDFC Securities provide 3-in-1 demat account as the parent company is a bank.
To know mode about HDFC Securities, read this detailed review.
Also Read : HDFC Securities Vs Zerodha
Below table has the details of the brokerage charges of HDFC Securities.
HDFC Securities branch address in Pune:
2nd Floor, Above HDFC Bank,
Plot No-1, 27 A, Bhel Chowk,
Nigdi,
Pune – 411044
Best Stock Broker in Pune- Conclusion
I have been using Zerodha from 2012 and not facing any issue with them. Hence I have provided their comparison with all the major stock brokers in Pune.
You can consider to open your demat account with any of these stock brokers and all are genuine and trustworthy.
But if you want to save hughly on brokerage charges, I recommend Zerodha as there is no fees for invetments and nominal charges of Rs 20 for intraday trades.
Best Stock Brokers in Other Major Cities of India :