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2.75% 75,032 Clients
Anand Rathi is a Mumbai based full-service share broker. Besides trading services, the company also offers other financial services like Mutual Funds, IPOs, Wealth Services and Portfolio Management. The company caters to all types of investors including retail investors, HNIs, partnership firms and corporates.
Anand Rathi also offers depository services. It is a depository participant with CDSL and NSDL. This allows it to offer Demat account opening and other related services to its customers. Anand Rathi customers can open a trading and a demat account with the company. These accounts are linked to facilitate ease of trading.
Research is another strong offering of the company. It has a dedicated team of experts who conduct fundamental and technical research on stocks, markets and economy. The team publishes a variety of reports to provide trading advice to the customers.
Anand Rathi also provides access to good platforms. The customers of the company can choose from a range of platforms and tools. The platforms are available on the web, desktop and mobile. These platforms act as a single stop to trade in multiple types of securities across BSE, NSE and MCX. Besides online trading, customers can also use the call & trade facility to trade in the securities of their choice.
Anand Rathi is the depository participant (DP) of NSDL and CDSL. A customer can open a demat account with CDSL or NSDL through Anand Rathi. The Demat accounts are opened and managed by CDSL and NSDL. Anand Rathi acts as an intermediary between the customers and the Central Depository.
Anand Rathi Securities DP Membership Info:
NSDL: IN-DP-NSDL-149-2000
CDSL: IN-DP-CDSL-04-99
To open a new demat account with Anand Rathi, the customer may have to pay demat account opening charges. The broker may also charge Annual Maintenance Charges (AMC), a yearly fee to maintain the demat account.
| Service | Charges |
|---|---|
| Demat Account Opening Fee | ₹550 |
| Demat Account Annual Charges (AMC) | ₹299 from second year onward |
| Sr | Plan 1 - 1st Year Free | Charges |
|---|---|---|
| 1 | Account Opening Charges | Nil |
| 2 | Account Closing Charges | Nil |
| 3 | Annual Maintenance Charges (AMC) | ₹299 + s. tax (2nd year Onwards) |
| 4 | Purchases through AR | Nil |
| 5 | Sales through AR | ₹12 per Scrip (ISIN) |
| 6 | Sales not through AR/Off-Mkt Transfer | Minimum ₹20 and Maximum ₹50 or 0.50% of the market value whichever is lower |
| 7 | Custodial Charges | Nil |
| 8 | Demat Charges | ₹3 per certificate + ₹20 per request In case of bulk, above 100 certificate ₹5 & Actual Courier Charge |
| 9 | Remat Charges | 0.05% of value + plus ₹20 postage |
| 10 | Pledge Creation/Closure | ₹25 per transaction | 11 | Documentation Charges | Nil |
| 12 | Transaction Statement | FREE monthly |
| 13 | Internet Facility | Complimentary |
| 14 | Bounce cheque Charges | ₹250 |
| 15 | Additional statement | ₹15 |
A Demat account is like your bank account that is used to hold securities like shares, Mutual Funds etc. It is an online repository.
You need a Demat account for trading. When you buy shares, the shares are held in this Demat account. It is debited from the account when you sell it.
You can use your existing Demat account. However, for convenience and faster trading, it is advisable that you open another Demat account with Anand Rathi. This will help you particularly when you are selling securities.
Yes, you can open a minor demat account. For opening a Minor Account, either of the parents needs to be appointed as a legal guardian. The legal guardian's documents need to be provided for account opening.
You can modify your Demat account details like contact number, Bank and Address details. To change your Anand Rathi account details, you need to take the following steps-
If your Anand Rathi Demat or Trading account is dormant due to no trading activity or for no other reason, you can activate it again anytime. To activate your Anand Rathi Demat and Trading account, you need to take following steps-
Send the form to company address or submit it at your nearest Anand Rathi branch office.
Leave your contact information and we will get in touch with you....
Information on this page was last updated on Friday, February 6, 2015
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