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Aditya Birla Money Vs Kantilal Chhaganlal Demat Account Comparison

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

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

Our Aditya Birla Money Ltd demat account comparison with Kantilal Chhaganlal Securities Private Limited highlights the major differences between two brokers. Find the best demat between Aditya Birla Money and Kantilal Chhaganlal.

Aditya Birla Money Vs Kantilal Chhaganlal

  Aditya Birla Money Ltd Kantilal Chhaganlal Securities 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.

Kantilal Chhaganlal Securities Pvt Ltd has suceesfully completed 16 years of operations and manage about approx.35000 demat accounts.

DP ID 12037600 12017500
Contact Info

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

Vilco Centre, 'A' Wing, 2 Flr, Behind Garware House, 8 Subhash Road, Vile Parle (E) Mumbai Maharashtra India-400057

Services Offered

Depository Services

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Aditya Birla Money Vs Kantilal Chhaganlal Demat Account Opening Charges

  Aditya Birla Money Ltd Kantilal Chhaganlal Securities Private Limited
Demat Account Opening Fee Rs 750
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

BSDA :For Individual and HUF :- Holding Valuation up to Rs 50000 than NO AMC, For 50001-200000-Rs 100 Non BSDA : For Individual and HUF :- Holding Value Rs 200001 and above. Scheme B: Rs 400 Scheme N:Rs 600 Life Time AMC: Rs 3500 and Rs 1500 Corporate: Rs 1500

Advance Deposit Rs 1500 (Lifetime AMC Scheme)

Aditya Birla Money Vs Kantilal Chhaganlal Demat Charges

  Aditya Birla Money Ltd Kantilal Chhaganlal Securities 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 2 per cert. or minimum of Rs 10 whichever is higher + Rs 25 Courier Chg.

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 25 per certificate + Rs 25 Courier Chgs.

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.

On Market With KCSPL Rs 10 On Market Outside KCSPL Rs 25 Off Market With KCSPL Rs 15 Off Market Outside KCSPL Rs 25 BSDA: On Market and Off Market Rs 50 per ISIN.

Pledge Creation Charges

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

0.02% minimum of Rs 25 whichever is higher.

Pledge Creation Confirmation Charges

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

0.02% minimum of Rs 25 whichever is higher.

Pledge Invocation Charges

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

0.02% minimum of Rs 25 whichever is higher.

Failed Instruction Charges

NA

Other Charges

Rs 50 for re-issuance of DIS Booklet.

Contact DP / Request A Call Back

  Aditya Birla Money Ltd Kantilal Chhaganlal Securities Private Limited
Contact broker for Demat Account related enquires:
  Aditya Birla Money Ltd Kantilal Chhaganlal Securities Private 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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