Anand Rathi Vs Upstox 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.

Upstox (formally RKSV) is among the leading online stock brokers in India offering low cost discount stock, current derivatives & commodity broking services at BSE, NSE and MCX. Upstox offering its retail broking services since Jan 2012.

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

Sunshine Tower, 30 Floor,
Senapati Bapat Marg, Dadar (West),
Mumbai, Maharashtra, India 400013

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)

Stock Broking and Depository Participants (DP) Services though its memberships with the NSE, BSE, MCX and CDSL.

Nil

Rs 150

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

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

• For Corporates: Rs 500 (For 1st Year) Rs 950 (From 2nd year onwards)

Rs 150

Nil

Nil

• Rs 3 per certificate + Rs 35 per request.

Rs 2.00 per certificate plus courier charges of Rs 35 per demat request

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

Rs 25 per certificate or 0.05% of the value whichever is higher.

• 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

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

0.01% of value or min Rs 50 per request

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

Nil

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

0.01% of value or min Rs 50 per request

0.05% of the transaction charges subject to a minimum of Rs 50

Rs 25 per Instruction

Rs 50 per transaction

• 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

1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
2. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges.
3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.