ICICIdirect Vs SAMCO Demat Account Comparison

ICICI Bank is India's largest private sector bank with total assets of Rs. 6,461.29 billion (US$ 103 billion) at March 31, 2015 and profit after tax Rs. 111.75 billion (US$ 1,788 million) for the year ended March 31, 2015. ICICI Bank currently has a network of 4,050 Branches and 12,817 ATM`s across India.

SAMCO is Mumbai, an India based stockbroker. Incorporated in 2015, SAMCO enables its customer to trade equity, currency, and commodity at NSE, BSE and MCX exchanges. SAMCO is a depository participant with CDSL. They provide demat account related services to its customers.

SAMCO offer other products including leverage products for delivery margin funding and margin against shares to its NBFC subsidiary.

ICICI Bank Tower, 5Th Flr South Wing,
Tower ii, Plt No 12 Financil Dist,
Gachibowli Hyderabad,
Andhra Pradesh, India - 500032

1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra, India.

ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.

• Online Equity, Commodity and Currency trading at BSE, NSE and MCX.
• Leverage products for delivery margin funding and margin against shares.
• Depository Services (Demat Account)

Stamp Duty at actuals

Only Franking Charges

For Individual account: ₹700 p.a.

For Corporate account: ₹1500 p.a.

₹400 for Individual. ₹800 for Corporate.

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

Nil

₹50 Per Demat Request Form and ₹10 For Each Certificates

₹10 per Certificate plus Courier Charges ₹50 per request

₹25 + CDSL charges at actual

Actual CDSL charges plus Courier charges ₹50 per request.

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹25,000 )

₹10 per transaction in same DP & 0.02% per transaction or ₹25 whichever is higher for other DP

0.02% or minimum of ₹35

₹60 per ISIN

0.02% or minimum of ₹35

Nil

0.02% or minimum of ₹35

₹60 per ISIN

Nil

₹200 for restoring services if account is suspended for non payment of charges.