Nuvama (Edelweiss)

Discount Broker

Nuvama (Edelweiss) Demat Account Details

Nuvama (Edelweiss) Demat account review. Nuvama (Edelweiss) open Demat account or closure. Find account opening charges, closing forms, customer care and brokerage charges.

Incorporated in 2008, Nuvama Wealth is a Mumbai-based stock broker. The company offers stock, currency and commodity trading services. It also offers investment services in Mutual Funds , Gold ETFs , and Fixed Income products. Nuvama offers trading services through multiple channels including online, offline through its branch offices and call & trade desk.

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Status

SEBI Registered

Charges & Brokerage Plans

Charge Type	Amount / Details
Demat Account Opening Fee	Rs 0 (Free)
Demat Account Annual Charges (AMC)	Rs 500 (1st Year Free)
Demat Account Opening Charges	Rs 0 (Free)
Transaction Charges (Buy)	0.02% of the transaction value or Rs 20 per transaction, whichever is higher
Annual Maintenance Charges (AMC)	Rs 500 per year (1st year free)
Demat + Courier charges	Rs 2 per certificate + Rs 30 for postage
Remat	Rs 10 per 100 securities or part thereof (Subject to minimum of Rs 10 per request) + Rs 30 for postage
Pledge Creation	0.02% of the transaction value or Rs 50 per transaction, whichever is higher
Pledge Creation Confirmation	Nil
Pledge Invocation	0.02% of the transaction value or Rs 25 per transaction, whichever is higher
Failed Transactions	Nil
Other Charges	Account Closing: Nil

Online Account Opening

Step-by-Step Process

Online Account Opening process.

Zero Account opening charges.

Facility to manage your account online.

Visit Edelweiss.in website or open Edelweiss Mobile app.

Click on the 'Open an account' button.

Upload supporting documents.

Submit the application.

Make sure to clear all dues before submitting the account closure request.

Required Documents

PAN Card
Aadhaar Card
Cancelled Cheque or Bank Statement
Signature and Photograph

Growth vs Risk Summary

Top Advantages

SEBI Registration No.: INZ000005231
Nuvama DP ID: IN-DP-CDSL-314-2009
Online Account Opening process.
Zero Account opening charges.
Free AMC for 1st year.
Direct deposit of dividends, interest etc., in your demat account.

Key Limitations

Cons are not explicitly listed on the source page.

Margin Exposure

Segment	Margin Limit (Up to)
Margin / Leverage	Not specified on source page

Customer Complaints (Year-wise)

Financial Year	Total Complaints	Resolved	Resolution Rate
2026	N/A	N/A	0%

Source: Chittorgarh