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Geojit Vs J. L. Shah Securities Demat Account Comparison

The side-by-side comparison of Geojit and J. L. Shah Securities Demat Account. Compare Geojit Vs J. L. Shah Securities Demat account charges, AMC and Fees. Read J. L. Shah Securities and Geojit demat account review.

Find out Geojit Vs J. L. Shah Securities which is better demat account and Geojit Vs J. L. Shah Securities which is best demat account.

Our Geojit BNP Paribas demat account comparison with J. L. Shah Securities Private Limited highlights the major differences between two brokers. Find the best demat between Geojit and J. L. Shah Securities.

Geojit Vs J. L. Shah Securities

  Geojit BNP Paribas J. L. Shah Securities Private 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).

J L SHAH SECURITIES PVT LTD 510,Hubtown Solaris, 5th Floor, N.S.Phadke Marg, Near.East West Flyover,Andheri (East). Mumbai :- 400069. Tel :- 022-66807575, Fax:- 022-66807558. E-mail: jls_336@jlshah.co.in,Website: http://www.jlshah.co.in. DP SEBI REG NO.IN-DP-CDSL-467-2008.

DP ID 12048900 12056200
Contact Info

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

510, Hubtown Solaris, N S Phadke Marg, Nr East West Flyover, Andheri Mumbai Maharashtra India-400069

Services Offered

Demat Account Services

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Geojit Vs J. L. Shah Securities Demat Account Opening Charges

  Geojit BNP Paribas J. L. Shah Securities Private Limited
Demat Account Opening Fee

Nil

NIL

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

INDIVIDUAL Rs 350 CORPORATE Rs 1000 10 year scheme only for individuals * Rs 1800\-

Advance Deposit

Nil

NIL

Geojit Vs J. L. Shah Securities Demat Charges

  Geojit BNP Paribas J. L. Shah Securities Private Limited
Dematerialisation Charges

Nil + Courier Charges @ Rs 35

Rs 10 per certificate + Courier Charge of Rs 60 per demat request for every 100 gms. Demat Rejection Charge :-Rs 20 per Rejection + Courier Charge of Rs 60 per demat request for every 100 gms.

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

Rs 15 per certificate or 100 Shares or Part of its which ever is higher

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.

Rs 20 per Transaction

Pledge Creation Charges

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

0.02% of value of shares (Minimum Rs 25 per pledge request)

Pledge Creation Confirmation Charges

NIL

NIL

Pledge Invocation Charges

Rs 50 per trans Rs 100 for BSDA clients

0.02% of value of shares (Minimum Rs 25 per pledge request)

Failed Instruction Charges

NIL

Rs 7 per transaction

Other Charges

Rs 50 PER CHEQUE BOUNCED CHARGES. Delay in payment of monthly bill:-Interest @2% per month on the value outstanding on the bill from the due date (which would be one month from the bill date). Non-payment of bill after the due date For payment:-The depository services for the account will be temporary withdrawn. A renewal fee of Rs 100 per account will be charged to the client for resuming his/her deposit operations. Extra statement :-Rs 15 per statement for the first 10 pages thereafter Rs .2 per page.

Contact DP / Request A Call Back

  Geojit BNP Paribas J. L. Shah Securities Private Limited
Contact broker for Demat Account related enquires:
  Geojit BNP Paribas J. L. Shah Securities Private Limited
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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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