ICICIDirect Vs Mansukh 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.

A leading broker and leading Depository Participant of India.

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

Mansukh House Plot No.6, Opp. Mother Diary Pandav Nagar, New Delhi Delhi India-110092

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.

Member- Bombay Stock Exchange Depository Participant- CDSL

Stamp Duty at actuals

Nil

For Individual account: Rs 500 p.a.

For Corporate account: Rs 1500 p.a.

Rs 200 Annual OR one time Rs 1500 as refundable security deposit in lieu of AMC OR one time non refundable payment of Rs 999 in lieu of AMC

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 3 per certificate Couriier Charges Rs 25 Per scrip

Rs 30 + CDSL charges at actual

Rs 20 per request Rs 15 request if client opt for refundable security and one time amc plan Couriier Charges Rs 25 Per scrip

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 )

0.02% of Transaction value subject to minimum Rs 12 & maximum Rs 20 Rs 15 per transaction if client opt for non refundable one time charges of Rs 999 scheme

0.03% or minimum of Rs 50

Rs 50 per request (Rs 35 in case of client opted for security deposit scheme or one time charges scheme)

0.03% or minimum of Rs 50

Nil

0.03% or minimum of Rs 50

Rs 25 per request

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.

1.BO details modification charges Rs 20

2. Rs 50 kyc registration charges

3. instruction book charrges Rs 10 for 10 leaves booklet.

4. additional statement Rs 10 per page +25 postage charges.