ICICI Direct Vs Alankit Assignments Demat Account Comparison

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.

ALANKIT ASSIGNMENTS LTD

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

205-208, Anarkali Complex Jhandewalan Extn New Delhi Delhi India-110055

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.

ALL DEPOSITORY SERVICES

Stamp Duty at actuals

NIL

For Individual account: ₹700 p.a.

For Corporate account: ₹1500 p.a.

Rs 300 P. A.

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

RS. 500/- IF ECS NOT GIVEN

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

Rs 20 PLUS Rs 3 PER CERTIFICATE SUBJECT TO MAXIMUM OF RS 250

₹25 + CDSL charges at actual

Rs 20 FOR EVERY HUNDRED SECURITIES OR PART THERE OF OR RS 20/ PER CERFITICATE (WHICH EVER IS HIGHER)

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

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹25,000 )

RS 16 PER DEBIT INSTRUCTION (For inst. value Rs 5 Lac to 1 Crore transaction charges will be charged Rs 80 per instruction / inst. value Rs 1 crore or above transaction charges will be charged Rs 500 per instruction.

0.02% or minimum of ₹35

Rs 50 PER INSTRUCTION

0.02% or minimum of ₹35

Rs 25 PER INSTRUCTION

0.02% or minimum of ₹35

Rs 25 PER INSTRUCTION

Rs 20 PER INSTRUCTION

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

MODIFICATION IN CLIENT MASTER RS 25 PER INSTANCE FOR CLIENTS AVAILING EASIEST FACILITY OF CDSL. A. FOR E-TOKEN USER Rs 2500 FOR TWO YEARs