Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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-2.23% 21,257 Clients
SAS Online Account Opening Enquiry
Pay Rs 1999 per month and get 199 orders per day or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.
SAS Online started its online discount brokerage services in 2013. It offers trading in equity, F&O, commodity, and currency across NSE, BSE, and MCX. It also offers Demat Account and Mutual Fund services to customers.
SAS Online is an online stock broker service of South Asian Stocks Ltd and SASS Online Commodities Pvt Ltd.
SAS Online is a depository participant with NSDL (National Securities Depository Limited). It offers demat accounts and related services to its customers. SAS Online offers a 2-in-1 account wherein a Demat account and a trading account are opened at once.
SAS Online also offers a Rs 1999 Pro Plan (monthly plan) that offers 199 orders per day.
SAS Online FactsA demat account is an online repository of securities (shares, mutual funds, bonds etc.). When you buy shares, the shares are credited into your demat account and debited when you sell them.
A Demat account works in a similar way as a bank account. Instead of money, the demat account holds equity shares of the company, mutual funds, bonds etc.
India has two government-approved and regulated central depositories; NSDL and CDSL. They manage the Demat accounts for all the brokers. A stockbroker has to become a participant, called a Depository Participant (DP), to offer Demat account services. The role of a broker is limited to acting as an intermediary between the depositories and the customers.
A Demat account is mandatory to trade/invest in the equity delivery segment, IPOs, and Mutual Funds. It holds all your securities stocks, mutual funds etc., in digital format.
SAS Online is the depository participant (DP) of NSDL (National Securities Depository Limited). NSDL and CDSL are among the two designated depositories that manage Demat accounts. Brokers registered with these two depositories act as an intermediary between the customers and the depository.
The Demat Account is opened with the central depository and not with the broking company. The central depositories charge a fee for every Demat transaction i.e. credit or debit of securities. Brokers only charge account opening and account maintenance charges (AMC).
SAS Online DP Membership Information
To open a new Demat account with SAS Online, the customer may have to pay Demat account opening charges. The broker may also charges Annual Maintenance Charges (AMC), a yearly fee to maintain the Demat account.
| Service | Charges |
|---|---|
| Demat Account Opening Fee | Rs 0 |
| Demat Account Annual Charges (AMC) | For Individual-Rs 200 (Free for the 1st year) | Non Individual-Rs 1000 |
SAS Online Demat Charges
SAS Online trading and demat account opening fees are Rs 200. SAS Online charges For Individual-Rs 200 (Free for the 1st year) | Non Individual-Rs 1000 per year demat account AMC. SAS Online demat debit transaction fee of Rs 9 per debit instruction + depository charges at actual per debit transaction.
| ID | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening Charges | Rs 200 |
| 2 | Transaction Charges (Buy) | |
| 3 | Transaction Charges (Sell) | Rs 9 per debit instruction + depository charges at actual |
| 4 | Annual Maintenance Charges (AMC) | For Individual - Rs 200 (Free for 1st Year) |
| 5 | Demat + Courier charges | Rs.150 per certificate + Courier charges |
| 6 | Remat | Rs.150 per certificate + Courier charges |
| 7 | Pledge Creation | Rs 15+GST per transaction |
| 8 | Pledge Creation Confirmation | |
| 9 | Pledge Invocation | |
| 10 | Failed Transactions | Rs 30 per transaction |
| 11 | Other Charges |
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This is a limited-time offer. Open Instant Demat Account and start trading today.
You can open only a trading account with SAS Online and trade using its platforms. However, opening a demat account along with a trading account is desirable as it will ease out the trading process in addition to cutting down on Demat transaction charges. If you use a third party demat account linked with SAS trading account, then you will be charged demat charges of Rs 15 twice, once when shares are credited and secondly when they are debited. With a SAS Demat account, you will have to pay Demat charges only once when the shares are debited on selling.
A transfer of Demat accounts between the two depositories- NSDL and CDSL is called an inter-depository transfer.
Securities like Shares, Mutual Funds etc., held in the Demat Account earn dividends and bonuses. The trading money, on selling also needs to be credited to a bank account. For this purpose, a bank account is linked with the Demat Account.
Yes, you can sell shares held in your other Demat account through SAS's trading account. However, you will have to pay Demat Transaction charges of Rs 15 on credit and debit of shares.
Yes, you can use both the Demat accounts. You can use your existing Demat account but it is advisable that you open another Demat account with SAS Online. This will smooth your trading experience as well help you reduce your trading costs.
SAS Online Account Maintenance Charges for Individual is Rs 200 + GST per year (Free for 1st year). For Non-Individual (corporate acconts) Rs 1000.
SAS Online Account Opening Enquiry
Pay Rs 1999 per month and get 199 orders per day or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.
Information on this page was last updated on Tuesday, January 30, 2024
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