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ICICIDirect Vs Aditya Birla Money Demat Account Comparison

The side-by-side comparison of ICICIDirect and Aditya Birla Money Demat Account. Compare ICICIDirect Vs Aditya Birla Money Demat account charges, AMC and Fees. Read Aditya Birla Money and ICICIDirect demat account review.

Find out ICICIDirect Vs Aditya Birla Money which is better demat account and ICICIDirect Vs Aditya Birla Money which is best demat account.

Our ICICI Securities Pvt Ltd. demat account comparison with Aditya Birla Money Ltd highlights the major differences between two brokers. Find the best demat between ICICIDirect and Aditya Birla Money.

ICICIDirect Vs Aditya Birla Money

  ICICI Securities Pvt Ltd. Aditya Birla Money Ltd
ICICI Securities Pvt Ltd. Logo Aditya Birla Money Ltd Logo
About the Broker

ICICI Bank is India's largest private sector bank with total assets of Rs. 6,461.29 billion (US$ 103 billion) at March 31, 2015 and profit after tax Rs. 111.75 billion (US$ 1,788 million) for the year ended March 31, 2015. ICICI Bank currently has a network of 4,050 Branches and 12,817 ATM`s across India.

Aditay Birla Money Ltd (formerly known as Apollo Sindhoori Capital Investments) deals into equity and derivatives market through BSE and NSE. Company also provides commodity trading on MCX and NCDEX through its subsidiary company, Aditya Birla Commodities Broking Ltd. Aditya Birla Money has its own DP service and registered as a DP with NSDL and CDSL.

DP ID 12014300 12037600
Contact Info

ICICI Bank Tower, 5Th Flr South Wing,
Tower ii, Plt No 12 Financil Dist,
Gachibowli Hyderabad,
Andhra Pradesh, India - 500032

Ali Centre, No 53,
Greams Road, Chennai,
Tamil Nadu India - 600006

Services Offered

ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.

Depository Services

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

ICICIDirect Vs Aditya Birla Money Demat Account Opening Charges

  ICICI Securities Pvt Ltd. Aditya Birla Money Ltd
Demat Account Opening Fee

Stamp Duty at actuals

Rs 750
Demat Account AMC

For Individual account: Rs 500 p.a.

For Corporate account: Rs 1500 p.a.

  1. Normal Scheme: Rs 450 p.a. for Individuals and for Corporates Rs 1000 p.a.
  2. Basic Service Demat Account (BSDA) Account: Nil for holding below Rs 50,000, Holding from Rs 50,001 to Rs 200,000 AMC of Rs 100 p.a., Holding above Rs 200,000 will be charge as applicable to Normal Demat Account.
  3. Lifetime AMC Scheme (Rs 1500 one time): Nil
Advance Deposit

Rs 0 for ICICI Bank customers.

Rs 7500 for Non ICICI BANK customers.

Rs 1500 (Lifetime AMC Scheme)

ICICIDirect Vs Aditya Birla Money Demat Charges

  ICICI Securities Pvt Ltd. Aditya Birla Money Ltd
Dematerialisation Charges

Rs 50 Per Demat Request Form and Rs 10 For Each Certificates

  1. Normal Scheme: Rs 5 per certificate plus Rs 50 courier charges.
  2. BSDA Account: Rs 25 per certificate plus Rs 50 courier charges.
Rematerialisation Charges

Rs 30 + CDSL charges at actual

  1. Normal Scheme: A flat fee of Rs 15 per certificate or Rs 15 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.
  2. BSDA Account: A flat fee of Rs 25 per certificate or Rs 25 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.
Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum Rs 30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum Rs 30 & maximum Rs 500 )

Market Transactions within Aditya Birla Money POW (Both Market / Off Market):

  1. Normal Scheme: Rs 30 per ISIN
  2. Lifetime AMC Scheme: Rs 20 per ISIN
  3. BSDA Account: Rs 75 per ISIN (Market /Off Market)

For External Broker:

  1. Normal Scheme: Rs 30 or 0.03% on value of securities whichever is higher
  2. Lifetime AMC Scheme: Rs 30 or 0.03% on value of securities whichever is higher
  3. BSDA Account: Minimum Rs 75 per ISIN or 0.05% on value of securities whichever is higher.
Pledge Creation Charges

0.03% or minimum of Rs 50

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Pledge Creation Confirmation Charges

0.03% or minimum of Rs 50

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Pledge Invocation Charges

0.03% or minimum of Rs 50

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Failed Instruction Charges

Rs 30

Other Charges

1. Mailing charges for non periodic statements and other communication, Rs 50 for inland and Rs 500.0 for foreign address.

2. Rs 200 for restoring services if account is suspended for non payment of charges.

Rs 50 for re-issuance of DIS Booklet.

Contact DP / Request A Call Back

  ICICI Securities Pvt Ltd. Aditya Birla Money Ltd
Contact broker for Demat Account related enquires:
  ICICI Securities Pvt Ltd. Aditya Birla Money Ltd
Find more info about broker
Enquire about ICICIDirect Enquire about Aditya Birla Money
Compare More Demat Accounts

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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