Religare Securities (Religare) is a SEBI registered Stock Broker, Depository Participant, Portfolio Manager and the distributer of financial products in India. Religare is member of BSE, NSE and MCX. Products offered by Religare includes Equity, Derivatives, Mutual Funds, Currencies, Commodities, SIP and Depository Services.
Religare Securities is part of Religare Enterprises Limited, a diversified financial service provider. Religare Enterprises is one of the largest financial group with over 1500 offices around India.
Religare is an e-custodian registered with the National Securities Depository Ltd (NSDL) and Central Securities Depository Ltd (CSDL). Religare offers depository participant (SP) services (Demat Account) to retail and corporate customers.
Religare Online DP Services provide secure access to the Demat Account online. The Religare Demat Account services can also be accessed through the network of branches.
Religare offers Lifetime free AMC Demat Account when customer pays Rs 2500 onetime charges. This is non-refundable deposit which should be paid at the time of account opening.
Religare offers Demat Account through both NSDL and CDSL.
The Religare Demat Account offers all standard demat account related services. Religare demat account can easily be liked with Religare trading account for seamless transactions between them.
The demat services are available online which means customer can access them any time of the day. The account can also be accessed by visiting Religare branch offices.
The AMC charges of Rs 500 per years is on higher side. They also offer AMC free account with Rs 2500 upfront onetime payment (non-refundable). Brokers like ProStocks offer Zero AMC Demat account with Rs 1000 refundable onetime deposit.
To open a new demat account with Religare, customer has to pay demat account opening fee. Most share brokers also charge Annual Maintenance Charges (AMC). AMC is yearly fee charged to the customer to maintain the demat account with the broker. Find the Religare Demat Account Opening Charges and Religare AMC as below:
|1||Account Opening Charges||Nil|
|2||Annual Maintenance Charges (AMC)||₹400 p.a.|
|Delivery Given to Religare Pool/Margin Account||₹12 for Client with POA / ₹25 for Client without POA|
|Delivery Given to any other Account||₹30 per debit or 0.02% of the value of transaction whichever is higher|
|5||Demat Processing Charges||₹2 per certificate|
|6||Conversion of Mutual Fund units represented by SOA into Demat||₹20 per request|
|7||Courier Charges for Demat/Remat/Repurchase/ Redemption||₹30 per request|
|8||Conversion of Mutual Fund units represented by SOA/Reconversion of Mutual Fund units into SOA||₹30 per request|
|9||Demat Rejection Charges||₹30 per rejection|
|10||Rematerialisation/Repurchase/Redemption of Mutual Fund/Reconversion of Mutual Fund units into SOA Charges||₹20 per request + NSDL Charges|
|11||Pledge Creation/ Closure/ Confirmation/ Invocation||₹50 per request or 0.02% of the value of securities whichever is higher|
|12||Freeze/Unfreeze Instruction||₹50 per request|
|13||Delivery Instruction Booklet||₹1 per leaf|
Information about Religare demat account, Religare demat account review, Religare demat account charges, Religare demat account opening, Religare dp charges, Religare demat charges, and Religare dp id.
No comments found. Be the first to post a comment.
Current IPOIPO Dashboard Current Mainline IPO Current SME IPO IPO Calendar Performance Tracker DRHP / RHP Docs
Live IPO InformationIPO Subscription IPO Listing Date IPO Allotment Status IPO Reviews IPO Rating Basis of Allotment
Stock Broker ComparisonCompare Share Brokers Side-by-Side Comparison List of Stock Brokers Broker Complaints Monitor Articles / Tutorials Glossary
Discount Brokers5paisa (Flat ₹10) Zerodha (Flat ₹20) ProStocks (Flat ₹15) Upstox RKSV (Flat ₹20) Trade Smart Online More Discount Brokers >>
Full-service BrokersICICI Direct Motilal Oswal Angel Broking Edelweiss Broking Aditya Birla Money More Full-service Brokers >>
More About BrokersSpecial Offers Broker Reports Top 10 Discount Brokers Top 10 Full-Service Brokers Top 20 Share Brokers
History of ChittorgarhHistory of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)