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Aditya Birla Money Vs Finvasia Demat Account Comparison

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

Find out Aditya Birla Money Vs Finvasia which is better demat account and Aditya Birla Money Vs Finvasia which is best demat account.

Our Aditya Birla Money Ltd demat account comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best demat between Aditya Birla Money and Finvasia.

Aditya Birla Money Vs Finvasia

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
Aditya Birla Money Ltd Logo Finvasia Securities Pvt 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.

Finvasia is a Chandigarh, India based financial service provider. Finvasia caters to retail, institutional and foreign customers. Finvasia offers truly brokerage free trading. It absolutely doesn’t change any brokerage commission from customers to trade on BSE, NSE, and MCX. Customers can trade in any segment by just paying applicable taxes. Call & trade is also available for free of cost to the customers.

Finvasia is a depository participant with CDSL. They offer all kind of depository services to its customer at a very reasonable price.

They are an online broker. All services offered are online or over the phone. They do not have any branch offices, franchise or partner offices.

DP ID 12037600 84300
Contact Info

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

Plot # 10, Netsmartz House (Level 3).
Rajiv Gandhi Chd Tech Park.
Chandigarh. India 160101

Services Offered

Depository Services

Retail trading in equity, currency and commodity, depository (demat account), asset management, investment banking, advisory, and currency hedging.

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Aditya Birla Money Vs Finvasia Demat Account Opening Charges

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
Demat Account Opening Fee Rs 750

₹0 (+ stamp charge of ₹199)

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

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

Advance Deposit Rs 1500 (Lifetime AMC Scheme)

₹0

Aditya Birla Money Vs Finvasia Demat Charges

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
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.

₹15 + ₹99 Courier charges

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.

₹15 + ₹99 Courier charges

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.

₹9 (including CDSL Fee)

Pledge Creation Charges

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

₹25 + NSDL Charges

Pledge Creation Confirmation Charges

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

Pledge Invocation Charges

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

₹25 + NSDL Charges

Failed Instruction Charges

₹49 per transaction

Other Charges

Rs 50 for re-issuance of DIS Booklet.

  • Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
  • Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
  • Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
  • Check Bounce - ₹299
  • Failed Transaction - ₹49 per transcaction
  • Modification in Client Information - ₹19 per request
  • Demat Closure Account - Nil
  • Delay Payment Charges - 2% per month on T+2 days

Contact DP / Request A Call Back

  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
Contact broker for Demat Account related enquires:
  Aditya Birla Money Ltd Finvasia Securities Pvt Ltd
Find more info about broker
Enquire about Aditya Birla Money Enquire about Finvasia
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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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