Finvasia Vs SAMCO Demat Account Comparison

Finvasia is a Chandigarh, India based financial service provider. Finvasia caters to retail, institutional and foreign customers. Finvasia offers truly brokerage free trading. It absolutely doesn’t change any brokerage commission from customers to trade on BSE, NSE, and MCX. Customers can trade in any segment by just paying applicable taxes. Call & trade is also available for free of cost to the customers.

Finvasia is a depository participant with CDSL. They offer all kind of depository services to its customer at a very reasonable price.

They are an online broker. All services offered are online or over the phone. They do not have any branch offices, franchise or partner offices.

SAMCO is Mumbai, an India based stockbroker. Incorporated in 2015, SAMCO enables its customer to trade equity, currency, and commodity at NSE, BSE and MCX exchanges. SAMCO is a depository participant with CDSL. They provide demat account related services to its customers.

SAMCO offer other products including leverage products for delivery margin funding and margin against shares to its NBFC subsidiary.

Plot # 10, Netsmartz House (Level 3).
Rajiv Gandhi Chd Tech Park.
Chandigarh. India 160101

1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra, India.

Retail trading in equity, currency and commodity, depository (demat account), asset management, investment banking, advisory, and currency hedging.

• Online Equity, Commodity and Currency trading at BSE, NSE and MCX.
• Leverage products for delivery margin funding and margin against shares.
• Depository Services (Demat Account)

₹0 (+ stamp charge of ₹199)

Only Franking Charges

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

₹400 for Individual. ₹800 for Corporate.

₹0

Nil

₹15 + ₹99 Courier charges

₹10 per Certificate plus Courier Charges ₹50 per request

₹15 + ₹99 Courier charges

Actual CDSL charges plus Courier charges ₹50 per request.

₹9 (including CDSL Fee)

₹10 per transaction in same DP & 0.02% per transaction & minimum ₹25 for other DP

₹25 + NSDL Charges

₹60 (Including CDSL Charges)

Nil

₹25 + NSDL Charges

₹60 (Including CDSL Charges)

₹49 per transaction

Nil

• Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
• Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
• Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
• Check Bounce - ₹299
• Failed Transaction - ₹49 per transcaction
• Modification in Client Information - ₹19 per request
• Demat Closure Account - Nil
• Delay Payment Charges - 2% per month on T+2 days