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Geojit Vs Asit C.Mehta Demat Account Comparison

The side-by-side comparison of Geojit and Asit C.Mehta Demat Account. Compare Geojit Vs Asit C.Mehta Demat account charges, AMC and Fees. Read Asit C.Mehta and Geojit demat account review.

Find out Geojit Vs Asit C.Mehta which is better demat account and Geojit Vs Asit C.Mehta which is best demat account.

Our Geojit BNP Paribas demat account comparison with Asit C.Mehta Investment Interrmediates Limited highlights the major differences between two brokers. Find the best demat between Geojit and Asit C.Mehta.

Geojit Vs Asit C.Mehta

  Geojit BNP Paribas Asit C.Mehta Investment Interrmediates Limited
Geojit BNP Paribas Logo
About the Broker

Geojit is the Full Service Broker offering savings and investment solutions like Equities, Derivatives , Mutual Funds, Life & General Insurance, third party Fixed Deposits, Portfolio Management services and wealth management.

Geojit is member of NSE and BSE and registered as a depository participant with NSDL and CDSL. The broker is among few broking firms to introduce online trading facility in India. The Broker has strong hold in Gulf countries (UAE, Saudi Arabia, Bahrain, Kuwait or Oman).

Established in the year 1986, Asit C. Mehta Investment Interrmediates Ltd. (ACMIIL) is the most trusted and reputed brokerage house known for providing investment related services in the capital market, money market and depository services in India. The company has been jointly promoted by noted stock market professionals, Mr. Asit C. Mehta and Mrs. Deena A. Mehta and is a part of Mumbai-based Nucleus Group of Companies. The other group companies are engaged in commodity, derivatives, inter-bank forex broking, development of databases, back-office applications for banks, corporate document management solutions and Geographical Information Systems (GIS).

DP ID 12048900 12013200
Contact Info

34/659 P, 1st Floor, Civil Line Road,
Padivattom Kochi Kerala India - 682024

Nucleus House, 3Rd Floor, Saki Vihar Road, Opp. L&T Gate No. 7, Powai Mumbai Maharashtra India-400072

Services Offered

Demat Account Services

Revised Tariff applicable from 01 January 2014 There are 4 tariff plans. Client must choose any plan at the time of account opening. Plan-I Invest Wise Rs 500/-, 60 free transactions for the calendar year. Plan-II Invest Lite Rs 1000/-, 150 free transactions for the calendar year. Plan-III Invest Pro Rs 2500/- , 350 free transactions for the calendar year. Plan-V Invest New Rs.250/-, 10 free transactions. Service tax and other levies will be collected in addition to plan charges as per applicable rate.

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Geojit Vs Asit C.Mehta Demat Account Opening Charges

  Geojit BNP Paribas Asit C.Mehta Investment Interrmediates Limited
Demat Account Opening Fee

Nil

Statutory stamp Duty charges or other regulatory charges (if any) on actual

Demat Account AMC
  1. Regular Individual Account: RS 600 (Rs 450 electronic communication)
  2. NRI Clients: RS 2000 (Rs 750 electronic communication)
  3. Corporate Accounts: Rs 1250
  4. BSDA clients: Nil for holding value till Rs 50,000. Rs 100 p.a. for holding value from Rs 50,001 to Rs 2,00,000 . Holding value above 2Lakh normal tariff will be applicable

NIL

Advance Deposit

Nil

NIL

Geojit Vs Asit C.Mehta Demat Charges

  Geojit BNP Paribas Asit C.Mehta Investment Interrmediates Limited
Dematerialisation Charges

Nil + Courier Charges @ Rs 35

NIL

Rematerialisation Charges

Rs 10 for every 100 securities or part thereof; or Rs 10 per certificate whichever is higher + courier charges Rs 35 per scrip

NIL

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)

For Geojit debit:

  • 0.02% (subject to a min of Rs 15 & max of Rs 40 per trans), if the delivery is through POA/with DCN or
  • 0.02% (subjects to a min of Rs 20 & maxi of Rs 40 per trans), if the delivery is through DIS or POA without DCN.

For other broker debit:

  • 0.02% (subject to a min of Rs 50 and max of Rs 100 per Trans)

Off market transaction

  • 0.02% (subject to a min of Rs 20 and max of Rs 40 per trans), if the receiving demat account is with Geojit BNP Paribas.
  • 0.02% (subject to a minimum of Rs 50 and maximum of Rs 100 per transaction) if receiving demat account is outside Geojit BNP Paribas.

Transaction Charges : Sell Side Rs 25 & for Off market and Inter DP trades Rs 40 (for every Trade above free trade as per plan selected by client) plus applicable rate of service tax.

Pledge Creation Charges

Rs 50 per trans, Rs 100 per transaction for BSDA clients

NIl

Pledge Creation Confirmation Charges

NIL

NIl

Pledge Invocation Charges

Rs 50 per trans Rs 100 for BSDA clients

NIl

Failed Instruction Charges

NIL

NIl

Other Charges

NIl

Contact DP / Request A Call Back

  Geojit BNP Paribas Asit C.Mehta Investment Interrmediates Limited
Contact broker for Demat Account related enquires:
  Geojit BNP Paribas Asit C.Mehta Investment Interrmediates Limited
Find more info about broker
Enquire about Geojit Enquire about Asit C.Mehta
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Demat Account Related Abbreviations

  • Demat: Demat Account is an online account to hold the shares in electronic form. They are similar to bank account used to hold money.
  • BSDA: Basic Service Demat Account, a type of account which offers limited services at reduced costs.
  • PoA: Power of Attorney, a legal document giving authority to broker to settle the trades though holding in clients demat account.
  • DIS: Delivery Instruction Slip, Similar to conventional cheque book for demat account. Its is used offline demat account transactions.
  • DPC: Delayed Payment Charges
  • Dematerialisation: Process to converting physical certificates to electronic form.
  • Rematerialisation: Process of converting electronic shares to physical certificates.
  • NSDL: National Securities Depository Limited, the 1st central securities depository. It offer services to hold shares in electronic form on behalf of the customer.
  • CDSL: Central Depository Services (India) Limited, the 2nd securities depository. It also offers service to hold shares in electronic form.



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