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Aditya Birla Money Vs A. C. Choksi Demat Account Comparison

The side-by-side comparison of Aditya Birla Money and A. C. Choksi Demat Account. Compare Aditya Birla Money Vs A. C. Choksi Demat account charges, AMC and Fees. Read A. C. Choksi and Aditya Birla Money demat account review.

Find out Aditya Birla Money Vs A. C. Choksi which is better demat account and Aditya Birla Money Vs A. C. Choksi which is best demat account.

Our Aditya Birla Money Ltd demat account comparison with A. C. Choksi Share Brokers Private Limited highlights the major differences between two brokers. Find the best demat between Aditya Birla Money and A. C. Choksi.

Aditya Birla Money Vs A. C. Choksi

  Aditya Birla Money Ltd A. C. Choksi Share Brokers Private Limited
Aditya Birla Money Ltd Logo
About the Broker

Aditay Birla Money Ltd (formerly known as Apollo Sindhoori Capital Investments) deals into equity and derivatives market through BSE and NSE. Company also provides commodity trading on MCX and NCDEX through its subsidiary company, Aditya Birla Commodities Broking Ltd. Aditya Birla Money has its own DP service and registered as a DP with NSDL and CDSL.

A. C. Choksi Share Brokers Pvt. Ltd.ITTS House,2nd floor, 33, Shree Saibaba Marg, Kalaghoda, Mumbai 400 023 Tele : 61595100,5171/72/73 Fax : 61595199 We are in the Capital Market since 1984 and are member of BSE & NSE and also DP on CDSL

DP ID 12037600 12028400
Contact Info

Ali Centre, No 53,
Greams Road, Chennai,
Tamil Nadu India - 600006

I.T.T.S House, 2Nd Floor 33, Shree Saibaba Marg Kalaghoda Mumbai Maharashtra India-400023

Services Offered

Depository Services

We provide services to clients related to Broking Activities on BSE & NSE and also DP services to Clients through CDSL.

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Aditya Birla Money Vs A. C. Choksi Demat Account Opening Charges

  Aditya Birla Money Ltd A. C. Choksi Share Brokers Private Limited
Demat Account Opening Fee Rs 750

NIL

Demat Account AMC
  1. Normal Scheme: Rs 450 p.a. for Individuals and for Corporates Rs 1000 p.a.
  2. Basic Service Demat Account (BSDA) Account: Nil for holding below Rs 50,000, Holding from Rs 50,001 to Rs 200,000 AMC of Rs 100 p.a., Holding above Rs 200,000 will be charge as applicable to Normal Demat Account.
  3. Lifetime AMC Scheme (Rs 1500 one time): Nil

1.Rs 300 for In

D.& HUF (Category1)

2.Rs 350 for In

D.& HUF (Category

2.

3.Rs 500 for In

D.& HUF (Category

3.

4. Rs 400 for In

D. & HUF (Category4 for new a/c) 5. Rs 1500 for Corporate. 5. Rs Nil for holding below Rs 50,000 and Rs 100 for holdings between Rs 50001 to Rs 200000 for any day during year For BSDA

Advance Deposit Rs 1500 (Lifetime AMC Scheme)

Rs. 5000/- Refundable (For Clients under no AMC

Aditya Birla Money Vs A. C. Choksi Demat Charges

  Aditya Birla Money Ltd A. C. Choksi Share Brokers Private Limited
Dematerialisation Charges
  1. Normal Scheme: Rs 5 per certificate plus Rs 50 courier charges.
  2. BSDA Account: Rs 25 per certificate plus Rs 50 courier charges.

Rs 100 upto 10 Certificates and thereafter Rs 10 per Certificate. (For all schemes)

Rematerialisation Charges
  1. Normal Scheme: A flat fee of Rs 15 per certificate or Rs 15 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.
  2. BSDA Account: A flat fee of Rs 25 per certificate or Rs 25 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.

Rs 100 per Certificate upto a Certificate of 100 Shares and thereafter Rs 50 per Certificate of 100 Shares

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

Market Transactions within Aditya Birla Money POW (Both Market / Off Market):

  1. Normal Scheme: Rs 30 per ISIN
  2. Lifetime AMC Scheme: Rs 20 per ISIN
  3. BSDA Account: Rs 75 per ISIN (Market /Off Market)

For External Broker:

  1. Normal Scheme: Rs 30 or 0.03% on value of securities whichever is higher
  2. Lifetime AMC Scheme: Rs 30 or 0.03% on value of securities whichever is higher
  3. BSDA Account: Minimum Rs 75 per ISIN or 0.05% on value of securities whichever is higher.

1.Rs 16 or 0.02 % whichever is higher(Category 1-

4.

2.Rs 18 or 0.02 % whichever is higher(Category 1-

4.

3.Rs 11 or 0.03 % whichever is higher for Corporate BO.

4. Rs 50 for BSDA A/c (For both ). 5. Off market Transaction - Rs 25 or 0.04 % whichever is higher

Pledge Creation Charges

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Rs 100 per Request for all schemes

Pledge Creation Confirmation Charges

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Nil

Pledge Invocation Charges

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Rs 100 per Request for all schemes

Failed Instruction Charges

NIL

Other Charges

Rs 50 for re-issuance of DIS Booklet.

1. Service Tax + CESS as applicable.

2. Rs 510 towards POA Franking Charges for new a/c(OR Actual)

Contact DP / Request A Call Back

  Aditya Birla Money Ltd A. C. Choksi Share Brokers Private Limited
Contact broker for Demat Account related enquires:
  Aditya Birla Money Ltd A. C. Choksi Share Brokers Private Limited
Find more info about broker
Enquire about Aditya Birla Money Enquire about A. C. Choksi
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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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