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: Rs 500 p.a.

For Corporate account: Rs 1500 p.a.

Rs 300 P. A.

Rs 0 for ICICI Bank customers.

Rs 7500 for Non ICICI BANK customers.

RS. 500/- IF ECS NOT GIVEN

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

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

Rs 30 + 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 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 )

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.

0.03% or minimum of Rs 50

Rs 50 PER INSTRUCTION

0.03% or minimum of Rs 50

Rs 25 PER INSTRUCTION

0.03% or minimum of Rs 50

Rs 25 PER INSTRUCTION

Rs 30

Rs 20 PER INSTRUCTION

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.

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