Free Trading + Demat Account

AxisDirect Vs Latin Manharlal Demat Account Comparison

The side-by-side comparison of AxisDirect and Latin Manharlal Demat Account. Compare AxisDirect Vs Latin Manharlal Demat account charges, AMC and Fees. Read Latin Manharlal and AxisDirect demat account review.

Find out AxisDirect Vs Latin Manharlal which is better demat account and AxisDirect Vs Latin Manharlal which is best demat account.

Our Axis Securities demat account comparison with Latin Manharlal Securities Private Limited highlights the major differences between two brokers. Find the best demat between AxisDirect and Latin Manharlal.

AxisDirect Vs Latin Manharlal

  AxisDirect Latin Manharlal
Axis Securities Logo
About the Broker

Axis Securities Limited is part of Axis bank, India's leading private bank. Axis Securities offers its services though Axis Direct. The 3-in-1 account by Axis is the most popular offering by the bank. This account includes a Bank Account, a Trading Account and a demat account, all integrated together for seamless transactions among them.

DP ID 12027500 12071000
Contact Info

Gigaplex, Bldg No.1, 4th Floor, Plot No. I.T.5, MIDC Airoli Knowledge Park,
Airoli, Navi Mumbai, Maharashtra, India 400708

Viraj, 5Th Floor 124, S. V. Road Khar (West) Mumbai Maharashtra India-400052

Services Offered

Equity, Derivatives, Mutual funds, SIP, IPO, NCD and Bonds, ETFs, Currency, Depository Services (Demat Account)

Demat Account Enquiry Request Callback Request Callback

AxisDirect Vs Latin Manharlal Demat Account Opening Charges

  AxisDirect Latin Manharlal
Demat Account Opening Fee

Nil

Rs 100.00 - POA Franking

Demat Account AMC
  • Retail Account:
    • Axis Bank Customer: Rs 650 per year (1st year free). Rs 2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank.
    • Non-Axis Bank Customer: Rs 250 per year (1st year free)
  • BSDA Account:
    • Nil for holding value till Rs 50,000
    • Rs 100 per year for holding value from Rs 50,001 to Rs 2,00,000
    • Holding value above Rs 2,00,000 tariff for Retail account will be applicable.
  • Corporate Account:
    • Rs 400 for Axis Bank clients + CDSL AMC of Rs 500
    • Rs 600 for non-Axis Bank clients+ CDSL AMC of Rs 500

Rs 250.00 p.a.

Advance Deposit

Nil

AxisDirect Vs Latin Manharlal Demat Charges

  AxisDirect Latin Manharlal
Dematerialisation Charges
  • Retail / BSDA Account: Rs 5 per certificate subject to minimum of Rs 50 per request, whichever is higher. Rs 50 per request as courier charges for mutual fund Units.
  • Corporate Account: Rs 2.50 per certificate subject to a minimum of the Rs 50 per request.

Rs 5.00 per certificate

Rematerialisation Charges
  • Retail / BSDA Account: Rs 20 for every 100 securities or part thereof or Rs 50 per request whichever is higher. Rs 50 per instruction for mutual fund Units.
  • Corporate Account: Rs 20 per certificate subject to minimum of Rs 50 per request

Rs 15.00 for equity 100.00 for commodities

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  • Retail Account: 0.04% of the value of the transaction (Min Rs 25 per instruction) whichever is higher. Rs 25 flat per instruction for mutual fund units.
  • BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. Rs 50 flat per instruction for mutual fund units.
  • Corporate Account: 0.04% subject to minimum of Rs 23 per instruction.

Rs 1

2.00 for equity Rs 15.00 for commodities Rs 5.50 for 1a

Pledge Creation Charges
  • Retail Account: 0.04% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
  • BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
  • Corporate Account: Flat Rs 50 per request.

Rs 25.00

Pledge Creation Confirmation Charges

Nil

Rs 25.00

Pledge Invocation Charges
  • Retail Account: 0.04% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
  • BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
  • Corporate Account: Flat Rs 50 per request.

Rs 25.00

Failed Instruction Charges

Rs 10 per Instruction

Rs 0.00

Other Charges
  • Ad-hoc Statement - Rs 100 per statement
  • Quarterly (Physical) statement
    • Retail Account - Nil
    • BSDA Account - Rs 25 per statement
  • Account Modification Charges
    • Retail Account - Nil
    • BSDA Account - Rs 100
  • DIS Booklet Charge
    • Retail Account - NIL
    • BSDA Account - Rs 200 per booklet
  • Redemption of mutual fund units through DP - Rs 25 per instruction

Rs 25.00 for demat request courier charges

Contact DP / Request A Call Back

  AxisDirect Latin Manharlal
Contact Broker
  AxisDirect Latin Manharlal
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