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Bonanza Vs Sanghavi Brothers Demat Account Comparison

The side-by-side comparison of Bonanza and Sanghavi Brothers Demat Account. Compare Bonanza Vs Sanghavi Brothers Demat account charges, AMC and Fees. Read Sanghavi Brothers and Bonanza demat account review.

Find out Bonanza Vs Sanghavi Brothers which is better demat account and Bonanza Vs Sanghavi Brothers which is best demat account.

Our Bonanza Portfolio Ltd demat account comparison with Sanghavi Brothers Brokerage Limited highlights the major differences between two brokers. Find the best demat between Bonanza and Sanghavi Brothers.

Bonanza Vs Sanghavi Brothers

  Bonanza Portfolio Ltd Sanghavi Brothers Brokerage Limited
Bonanza Portfolio Ltd Logo
About the Broker

Bonanza Portfolio Ltd. offers financial services including stock broking and distribution of financial products to retail customers. Bonanza Portfolio has 1842 outlets across 674 cities in India. The broker also provides trading ideas, daily market strategy, monthly updates, investment ideas, daily derivative strategy, weekly newsletter etc. for equity trading. Bonanza has membership in NSE, BSE, MCX, MCX-SX, CDSL, NSDL, ICEX and USE etc.

DP ID 12033500 12034900
Contact Info

Plot No M-2, Walbhat Road,
Cama Industrial Estate, Goregaon (East),
Mumbai Maharashtra India-400063

Vasta-B, 1St Floor 90 Ft Road, Pant Nagar Ghatkopar (East) Mumbai Maharashtra India-400075

Services Offered Trade in equity, derivatives, commodity, currency derivative, distribution of Mutual Funds and IPO, Portfolio Management Services, Mutual Fund Investments, Health Insurance, Real Estate, Loans, Investment Banking, Wealth Management and Depository Services.

EQUITY TRADING, FUTURE & OPTION, COMMODITY TRADING, DEPOSITORY SERVICES,IPO, MUTUAL FUND

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Bonanza Vs Sanghavi Brothers Demat Account Opening Charges

  Bonanza Portfolio Ltd Sanghavi Brothers Brokerage Limited
Demat Account Opening Fee

Rs 400

Nil

Demat Account AMC
  • Individual Account: Rs 250 p.a.
  • Corporate Account: Rs 1000 p.a.

Lifetime DP charges (including AMC & A/C opening): Rs 999 one time

Rs 300 P.A. IN CASE OF INDIVIDUALS, HUFS & TRUSTS AND Rs 800 P.A. FOR CORPORATES

Advance Deposit

AMC Free Scheme (999 Scheme): Rs 999 one time

Nil

Bonanza Vs Sanghavi Brothers Demat Charges

  Bonanza Portfolio Ltd Sanghavi Brothers Brokerage Limited
Dematerialisation Charges
  • Normal Scheme: Rs 3 per certificate plus courier charges extra
  • 999 scheme: Rs 25 per certificate plus courier charges extra

Rs 70 per REQUEST(UPTO 5 CERTIFICATES) AND Rs 2 PER CERTIFICATES IN EXCESS OF 5 CERTIFICATES

Rematerialisation Charges

Rs 15 per 100 securities or part therof or Rs 15 per certificate whichever is higher

Rs 40 PER REQUEST (UPTO 5 CERTIFICATES)AND Rs 2 PER CERTIFICATES IN EXCESS OF 5 CERTIFICATES

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)

Rs 12

Rs 12

Pledge Creation Charges

100 or 0.01% whichever is higher

Rs 15 PER ISIN

Pledge Creation Confirmation Charges

Nil

Rs 15 PER ISIN

Pledge Invocation Charges

Nil

Nil

Failed Instruction Charges

Nil

Nil

Other Charges
  • Late Transaction: Rs 10 per transaction in all schcmes except 999. Rs 25 per transaction in 999
  • Dishonoured cheque: Rs 100 per Instance. In 999 scheme Rs 200 per instance.
  • Additional statment of a/c Rs 25 & Rs 50 qtr.& ann. respectively.
  • Extra DIS book: Rs 35 Rs 50 for 999 scheme.
  • Lost DIS book: Rs 70 Rs 100 for 999 scheme.

Rs 510 FOR FRANKING OF POA

Contact DP / Request A Call Back

  Bonanza Portfolio Ltd Sanghavi Brothers Brokerage Limited
Contact broker for Demat Account related enquires:
  Bonanza Portfolio Ltd Sanghavi Brothers Brokerage Limited
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Demat Account Related Abbreviations

  • Demat: Demat Account is an online account to hold the shares in electronic form. They are similar to bank account used to hold money.
  • BSDA: Basic Service Demat Account, a type of account which offers limited services at reduced costs.
  • PoA: Power of Attorney, a legal document giving authority to broker to settle the trades though holding in clients demat account.
  • DIS: Delivery Instruction Slip, Similar to conventional cheque book for demat account. Its is used offline demat account transactions.
  • DPC: Delayed Payment Charges
  • Dematerialisation: Process to converting physical certificates to electronic form.
  • Rematerialisation: Process of converting electronic shares to physical certificates.
  • NSDL: National Securities Depository Limited, the 1st central securities depository. It offer services to hold shares in electronic form on behalf of the customer.
  • CDSL: Central Depository Services (India) Limited, the 2nd securities depository. It also offers service to hold shares in electronic form.



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