Anand Rathi Vs GCL Securities Demat Account Comparison

Incorporated in 1994, AnandRathi is Mumbai based diversified financial services provider offering wide range of products and services to retail and institutional customers across India. Anand Rathi has physical presence at over 1200 locations in India through it offices and franchises. AnandRathi is member of BSE, NSE, MCX, NCDEX, MSEI, CDSL and NSDL.

GCL Securities Private Limited, popularly known as GCL Securities or GCL Broking Broking, is a full-service broker providing a wide range of services to its customers. The company offers to invest in Equity, Derivatives, Currency, Commodity, Mutual Funds, IPO, and Fixed Income. GCL Broking offers free trading and Demat account opening to its customers.

4th Floor, Silver Metropolis Bld,
Jai Coach Compound, Opp.Bimbisar Nagar,
Goregoan E, Mumbai, Maharashtra, India 400065

3rd Floor, Raghukul Tower, Khatipura T-point, Siris Road, Jaipur-302021

Wealth Management, Investment Banking, Corporate Finance & Advisory, Brokerage & Distribution services in the areas of equities, commodities, mutual funds, structured products, insurance, corporate deposits, bonds & loans and Depository Services (CDSL and NSDL)

Trading and Depository Services. The depository services include account opening, Demat requests, Remat requests, redemption, account transfer instructions, account closure, pledge creation, confirmation, closure, invocation, margin pledge, unpledge, repledge etc.

Nil

Nil

• Scheme I: Rs 450 (Free for 1st Year)

• Scheme II : Nil (with credit balance of Rs 3000 (refundable))

GCL Securities offers Standard and Lifetime AMC Plans to individual customers to opt for.

1. Basic Standard Plan: ₹300
2. Lifetime AMC Free Plan (One Time - Non-refundable): ₹1,250

Nil

Nil

• Rs 3 per certificate + Rs 35 per request.

₹10 per certificate + ₹30 courier charges

• Rs 15 for every 100 securities or a Flat fee of Rs 15 per certificate, Whichever is higher + 20 Postage chg

Actual CDSL Charges + ₹30 per request as courier charges

• Rs 15 Per ISIN [For POA clients]; Rs 25 Per ISIN [For Non POA clients]

• Off-market Transfer within AnandRathi Minimum Rs 25 and Maximum Rs 500 or 0.025% of the market value

₹11 per transaction + GST (within GCL) and ₹21 per transaction + GST (outsideGCL)

0.01% of value or min Rs 50 per request

₹25 per ISIN + GST and for BSDA - ₹75

Nil

₹25 per ISIN + GST and for BSDA - ₹75

0.01% of value or min Rs 50 per request

₹25 per ISIN + GST and for BSDA - ₹75

Rs 25 per Instruction

Nil

• For instructions received on same day of Pay-in Rs 25 per scrip will be charged
• Extra statement (other than free monthly): Rs 15 per statement.
• Any Modification: Rs 15 per request

Additional request for account statement or DIS: ₹25 and for BSDA ₹50 per booklet.