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AxisDirect Vs Sanghavi Brothers Demat Account Comparison

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

Find out AxisDirect Vs Sanghavi Brothers which is better demat account and AxisDirect Vs Sanghavi Brothers which is best demat account.

Our Axis Securities demat account comparison with Sanghavi Brothers Brokerage Limited highlights the major differences between two brokers. Find the best demat between AxisDirect and Sanghavi Brothers.

AxisDirect Vs Sanghavi Brothers

  AxisDirect Sanghavi Brothers
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 12034900
Contact Info

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

Vasta-B, 1St Floor 90 Ft Road, Pant Nagar Ghatkopar (East) Mumbai Maharashtra India-400075

Services Offered

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

EQUITY TRADING, FUTURE & OPTION, COMMODITY TRADING, DEPOSITORY SERVICES,IPO, MUTUAL FUND

Demat Account Enquiry Request Callback Request Callback

AxisDirect Vs Sanghavi Brothers Demat Account Opening Charges

  AxisDirect Sanghavi Brothers
Demat Account Opening Fee

Nil

Nil

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 300 P.A. IN CASE OF INDIVIDUALS, HUFS & TRUSTS AND Rs 800 P.A. FOR CORPORATES

Advance Deposit

Nil

Nil

AxisDirect Vs Sanghavi Brothers Demat Charges

  AxisDirect Sanghavi Brothers
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 70 per REQUEST(UPTO 5 CERTIFICATES) AND Rs 2 PER CERTIFICATES IN EXCESS OF 5 CERTIFICATES

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 40 PER REQUEST (UPTO 5 CERTIFICATES)AND Rs 2 PER CERTIFICATES IN EXCESS OF 5 CERTIFICATES

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 12

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 15 PER ISIN

Pledge Creation Confirmation Charges

Nil

Rs 15 PER ISIN

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.

Nil

Failed Instruction Charges

Rs 10 per Instruction

Nil

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 510 FOR FRANKING OF POA

Contact DP / Request A Call Back

  AxisDirect Sanghavi Brothers
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  AxisDirect Sanghavi Brothers
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Sanghavi Brothers Vs Kantilal Chhaganlal
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Sanghavi Brothers Vs L. F. C. Securities
Sanghavi Brothers Vs Latin Manharlal
Sanghavi Brothers Vs LKP Securities
Sanghavi Brothers Vs Manashvi Securities
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