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Achiievers Equities Vs Karvy Demat Account Comparison

The side-by-side comparison of Achiievers Equities and Karvy Demat Account. Compare Achiievers Equities Vs Karvy Demat account charges, AMC and Fees. Read Karvy and Achiievers Equities demat account review.

Find out Achiievers Equities Vs Karvy which is better demat account and Achiievers Equities Vs Karvy which is best demat account.

Our Achiievers Equities Ltd demat account comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best demat between Achiievers Equities and Karvy.

Achiievers Equities Vs Karvy

  Achiievers Equities Ltd Karvy Stock Broking Ltd
Achiievers Equities Ltd Logo Karvy Stock Broking Ltd Logo
About the Broker

Achiievers Equities Ltd a full service brokerage house provides comprehensive advisory services to its clients under one umbrella, which would enable managing complete financial planning needs of all the clients

Karvy Stock Broking Limited is part of Karvy Group, a Hyderabad based financial service provider offering wide range of services to retail and institutional customers across India. Karvy’s financial services business is ranked among the top-five in the country across its business segments.

Karvyonline is the flagship portal of Karvy Stock Broking Ltd for online trading and investing. Karvy Online offer equity and commodity trading at BSE, NSE, MCX, NCDEX, NMCE and ICEX.

DP ID 12073100 12014400
Contact Info

32/A, Diamond Harbour Road,
Sakherbazar, Kolkata,
West Bengal, India 700008

Karvy Millennium, Plot No 31,
P Nanakram Guda Gachibowli,
Hyderabad, Andhra Pradesh, India 500032

Services Offered

Broking (Equities, Derivatives,Currency & Commodity) on the BSE, NSE, MCX and NSEL, Distribution of Mutual Funds and other personal investment products along with competitive DP Services through CDSL

  • Equity Broking Services
  • Depository Participant Services
  • Distribution of Financial Products
  • Currency Derivatives
  • Wealth Management Services
  • Portfolio Management Services
  • Karvy Fortune
  • Investment Banking
  • Commodities Broking
  • Non - Banking Financial Service
  • Realty Services
  • Registry Services
  • Forex & Currencies
  • Insurance Repository
Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Achiievers Equities Vs Karvy Demat Account Opening Charges

  Achiievers Equities Ltd Karvy Stock Broking Ltd
Demat Account Opening Fee

Nil

Nil

Demat Account AMC
  • Individual (Regular): Rs 400 per year
  • Individual (BSDA): Nil
  • Non-Individual: Rs 900 per year
  • Individuals Account (other than NRI): Rs 500 per year
  • NRI Account: Rs 1500 per year
  • Corporate Account: Rs 5,000 per year
  • Foreign Corporate Body Account: Rs 10,000 per year
Advance Deposit

Lifetime Free AMC Scheme: Rs. 2499 one time fee

Nil

Achiievers Equities Vs Karvy Demat Charges

  Achiievers Equities Ltd Karvy Stock Broking Ltd
Dematerialisation Charges
  • Individual (Regular): Rs 3.00 per certificate plus courier charges of Rs 40 per demat request for every 500 gms.
  • Individual (BSDA): Rs 10.00 per certificate plus courier charges of Rs 100
  • Rs 5 per certificate + Rs 40 for courier charges;
  • For BSDA Accounts: Rs 10 per certificate + Rs 50 courier charges
Rematerialisation Charges
  • Individual (Regular): Rs 25 per certificate or 0.05% of the value whichever is higher Plus CDSL charges.
  • Individual (BSDA): Rs 100 per certificate or 0.10% of the value whichever is higher Plus CDSL charges

Rs 20 for every 100 securities or Rs 20 per certificate whichever is higher

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  • Individual (Regular): A flat debit transaction charges of Rs 12 + CDSL charges at actual.
  • Individual (BSDA): Rs 50 plus CDSL charges at actual.
  • Sold through Karvy (for Karvy POA registered Account): Rs 12 per instruction
  • For all other transactions Rs 30 per instruction upto a value of Rs 30,000 or part thereof, Rs 10 for every additional value of Rs 30,000 or part thereof, subject to Minimum of Rs 30 and Maximum of Rs 1000 per instruction;
  • For BSDA Accounts: Rs 100 per instruction;
  • For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum Rs 100 per instructio
Pledge Creation Charges
  • Individual (Regular): 0.02% of the transaction charges (subject to a minimum of Rs 50) + NSDL / CDSL charges at actual.
  • Individual (BSDA): 0.05% of the transaction charges (subject to a minimum of Rs 100) + NSDL / CDSL charges at actuals

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

Pledge Creation Confirmation Charges
  • Individual (Regular): 0.02% of the transaction charges (subject to a minimum of Rs 50) + NSDL / CDSL charges at actual.
  • Individual (BSDA): 0.05% of the transaction charges (subject to a minimum of Rs 100) + NSDL / CDSL charges at actuals

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

Pledge Invocation Charges
  • Individual (Regular): 0.05% of the transaction charges subject to a minimum of Rs 50.
  • Individual (BSDA): 0.10% of the transaction charges subject to a minimum of Rs 100

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

Failed Instruction Charges

Rs 50 per transaction & for BSDA Rs 100 per transaction.

Rs 100 per instruction

Other Charges
  • Adhoc / Non periodic statement requests: Rs 25 per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 5 PLUS courier charges.
  • For BSDA Adhoc / Non periodic statement requests: Rs 100 per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 20 PLUS courier charges
  • Rs 100 per Demat Rejection
  • Rs 100 per Client Modification Request
  • Rs 100 per DIS Lost Request
  • Rs 100 per request for physical statements

Contact DP / Request A Call Back

  Achiievers Equities Ltd Karvy Stock Broking Ltd
Contact broker for Demat Account related enquires:
  Achiievers Equities Ltd Karvy Stock Broking Ltd
Find more info about broker
Enquire about Achiievers Equities Enquire about Karvy
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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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