ICICI Direct Vs Arihant Capital 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.

Arihant Capital Markets Limited

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

6 Lad Colony Indore Madhya Pradesh India-452001

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.

Equities, derivatives, commodities, depository, IPOs, mutual fund, PMS, merchant banking internet trading.

Stamp Duty at actuals

NIL

For Individual account: Rs 500 p.a.

For Corporate account: Rs 1500 p.a.

Rs 362 p.a. for Individual Rs 800 p.a. for Trader & corporate

Rs 0 for ICICI Bank customers.

Rs 7500 for Non ICICI BANK customers.

NIL

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

Rs 2 per certificate subject to minimum Rs 10 plus Postal Charges actual

Rs 30 + CDSL charges at actual

20 (Securities up to 100 Quantity, Additional 20 for every 100 Quantity)

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 15 per ISIN inclusive of CDSL Charges

0.03% or minimum of Rs 50

.04% subject to Minimum Rs 50

0.03% or minimum of Rs 50

NIL

0.03% or minimum of Rs 50

.04% subject to Minimum Rs 50

Rs 30

NIL

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.

NIL