Can someone tell me which bank if offering a good Demat account with low charges and good service?One of my friend wants to open an account.

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I dont know about banks, but ShareKhan offers good services at low cost. You can trade online as well.

When opportunity is in front of you, don't hesitate to catch it. It will never come to you again. - Maverick

indiabulls is providing low cost demat account.
They will charge you Rs900 initially and Life time free service.

But if your friend is a regular Trader then do not go for low fees charge.
If you are not a regular Trader then go for indiabulls
I think Reliance money is the best demat account. Trading charges are very less comparetively to other brokerage firms. So opt for Reliance money demat account.

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i had gone to open demat account with angel broking with i cannot understand credit system they told if i open a demat account with 5000 i can buy shares upto 25000. can anyone help me understand that
Banks like SBI. other than banks, sharekhan or Karvy
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