SAS Online Demat Account Charges, Review, Opening

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SAS Online Account Opening Enquiry

Pay Rs 999 per month for unlimited trading 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 account and related services to its customer. SAS Online offers 2-in-1 account wherein a Demat account and a trading account is opened at once.

SAS Online Facts
  • Offer broking services across NSE, BSE, and MCX
  • SEBI registered depository participant of NSDL
  • 20,000+ Customers and daily turnover of Rs 7000+ Cr as of Nov 2018
  • 2 different pricing plans; per trade flat rate and fixed monthly plan
  • Offer saving of up to 90% in brokerage fees
  • Trading platform - ALPHA by Tradelab and NEST by Omnesys

About Demat Account

A demat account is an online repository of securities (shares, mutual funds, bonds etc.). When you buy shares, the shares credited into your demat account and debited when you sell it.

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 approves and regulated central depositories; NSDL and CDSL. They manage the Demat accounts for all the brokers. A stockbroker has to become a participant, called 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 Demat Account

SAS Online is the depository participant (DP) of NSDL (National Securities Depository Limited). NSDL and CDSL are among the two designated depositories who 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

  • SAS Online DP ID: IN306122
  • SAS Online NSDL - SEBI Registration Number: IN-DP-NSDL-3742014
10 Reasons to open a Demat Account with SAS Online
  1. Invest online in stocks, derivatives, currency and mutual funds
  2. Facility to pledge your holdings
  3. Direct deposit of bonus, dividends etc., in your account
  4. Facility to freeze the Demat account
  5. Low Account Maintenance Charges (AMC)
  6. Online access to the Demat account
  7. Ultra-low brokerage charges
  8. Advance orders (Bracket Order, Cover Order) with higher leverage
  9. Margin against share is available for trading
  10. Margin funding is available.

SAS Online Demat Account Opening Charges

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.

Demat Account Opening FeeRs 200
Demat Account Annual Charges (AMC)Rs 200

SAS Online Demat Charges

SAS Online trading and demat account opening charges are Rs 200. SAS Online charges Rs 200 per year demat account AMC. SAS Online demat debit transaction charge of Rs 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 - Nil
For Non Individual - Rs 500

5 Demat + Courier charges Rs 2 per certificate + courier charges of Rs 35 per demat request for every 500 grams
6 Remat Rs 25 per certificate or 0.05% of the value whichever is higher + Depository charges at actuals
7 Pledge Creation Rs 50 per transaction
8 Pledge Creation Confirmation
9 Pledge Invocation Rs 50 per transaction
10 Failed Transactions Rs 30 per transaction
11 Other Charges
  • Demat Rejection Charges: Rs 35 per rejection for every 500 gms
  • SLB Charges: For Security Borrowing: Rs.25 plus Depository charges, For Security Lending: Rs.25 plus Depository charges.

SAS Online Special Offer

Unlimited Monthly Trading @ Rs 999

  • Trade unlimited for just Rs 999 per month or flat Rs 9 per trade +
  • Get margin against your shares +
  • API for alog trading.

This is a limited-time offer. Open Instant Demat Account and start trading today.

Frequently Asked Questions

  1. 1. What is PoA for SAS Online Demat account? Why is it required?

    A power of attorney or POA is limited purpose permission from a trader that gives specific rights to the broker in relation to his/her demat account. It allows the broker to Debit/credit/block/ creates lien/pledge of your depository account.



  2. 2. Do I need to open both a trading account and a Demat account to use the services of SAS Online?

    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.



  3. 3. What is an Inter DP transfer with SAS Online?

    A transfer of Demat accounts between the two depositories- NSDL and CDSL is called an inter-depository transfer.



  4. 4. Why does my SAS Online bank account need to be linked to my Demat account?

    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.



  5. 5. Can I sell shares held in my other Demat account through my Trading Account with SAS Online?

    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.



  6. 6. I already have a Demat Account with another broker. Do I need to open another Demat Account with SAS Online? Can I use both Demat Accounts?

    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.



  7. 7. What are the Account Maintenance Charges (AMC) charges SAS Online for the Demat Account?

    SAS Online charges AMC of Rs 200 + GST per year.



SAS Online Account Opening Enquiry

Pay Rs 999 per month for unlimited trading or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.

Information on this page was last updated on Wednesday, March 22, 2023

Special Offer: Pay Rs 999 per month for unlimited trading or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.


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