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Aditya Birla Money Vs Asit C.Mehta Demat Account Comparison

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

Find out Aditya Birla Money Vs Asit C.Mehta which is better demat account and Aditya Birla Money Vs Asit C.Mehta which is best demat account.

Our Aditya Birla Money Ltd demat account comparison with Asit C.Mehta Investment Interrmediates Limited highlights the major differences between two brokers. Find the best demat between Aditya Birla Money and Asit C.Mehta.

Aditya Birla Money Vs Asit C.Mehta

  Aditya Birla Money Ltd Asit C.Mehta Investment Interrmediates 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.

Established in the year 1986, Asit C. Mehta Investment Interrmediates Ltd. (ACMIIL) is the most trusted and reputed brokerage house known for providing investment related services in the capital market, money market and depository services in India. The company has been jointly promoted by noted stock market professionals, Mr. Asit C. Mehta and Mrs. Deena A. Mehta and is a part of Mumbai-based Nucleus Group of Companies. The other group companies are engaged in commodity, derivatives, inter-bank forex broking, development of databases, back-office applications for banks, corporate document management solutions and Geographical Information Systems (GIS).

DP ID 12037600 12013200
Contact Info

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

Nucleus House, 3Rd Floor, Saki Vihar Road, Opp. L&T Gate No. 7, Powai Mumbai Maharashtra India-400072

Services Offered

Depository Services

Revised Tariff applicable from 01 January 2014 There are 4 tariff plans. Client must choose any plan at the time of account opening. Plan-I Invest Wise Rs 500/-, 60 free transactions for the calendar year. Plan-II Invest Lite Rs 1000/-, 150 free transactions for the calendar year. Plan-III Invest Pro Rs 2500/- , 350 free transactions for the calendar year. Plan-V Invest New Rs.250/-, 10 free transactions. Service tax and other levies will be collected in addition to plan charges as per applicable rate.

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Aditya Birla Money Vs Asit C.Mehta Demat Account Opening Charges

  Aditya Birla Money Ltd Asit C.Mehta Investment Interrmediates Limited
Demat Account Opening Fee Rs 750

Statutory stamp Duty charges or other regulatory charges (if any) on actual

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

NIL

Advance Deposit Rs 1500 (Lifetime AMC Scheme)

NIL

Aditya Birla Money Vs Asit C.Mehta Demat Charges

  Aditya Birla Money Ltd Asit C.Mehta Investment Interrmediates 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.

NIL

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.

NIL

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.

Transaction Charges : Sell Side Rs 25 & for Off market and Inter DP trades Rs 40 (for every Trade above free trade as per plan selected by client) plus applicable rate of service tax.

Pledge Creation Charges

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

NIl

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)

NIl

Failed Instruction Charges

NIl

Other Charges

Rs 50 for re-issuance of DIS Booklet.

NIl

Contact DP / Request A Call Back

  Aditya Birla Money Ltd Asit C.Mehta Investment Interrmediates Limited
Contact broker for Demat Account related enquires:
  Aditya Birla Money Ltd Asit C.Mehta Investment Interrmediates 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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