ICICIdirect Vs Master Trust 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.

MyValueTrade (MVT) is a flat fee online stock trading company of Master Capital Services Ltd. My Value Trade offers online flat fee brokerage and unlimited monthly trading plans to retail traders. Trading is offered in Equity, Commodity and Currency Derivatives segment at BSE, NSE and MCX. Master Capital Services is depository participants with the NSDL & CDSL for trading and settlement of dematerialized shares.

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

1012, Arunachal Building, 10th Floor,
19 Barakhamba Road, New Delhi
Delhi India 110001

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.

Equity Trading, Commodity Trading, Currency Derivatives Trading, DP Services, Mutual Funds

Stamp Duty at actuals

Nil

For Individual account: ₹700 p.a.

For Corporate account: ₹1500 p.a.

• Scheme A: Nil
• Scheme B: Rs 300 per annum
• Scheme LF: Nil
• Scheme BSDA: Nil
• Scheme 800: Rs 800 per annum

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

• Rs 2500 for Scheme A
• Rs 555 for Scheme LF (For Individuals ony) for Lime time AMC Free
• Rs 800 for scheme 800

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

• Rs 20 per request + Rs 3 per certificate for Scheme A, B, LF and Scheme 800.
• Rs 50 per request + Rs 10 per certificate for Scheme BSDA.

₹25 + CDSL charges at actual

• Rs 20 for every 100 securities or part thereof; or a flat fee of Rs 20 per certificate whichever is higher will be payable for scheme A, B ,LF and Scheme 800.
• Rs 50 for every 100 securities or part thereof; or a flat fee of Rs 50 per certificate whichever is higher will be payable for scheme BSDA.

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 12 in Scheme A
• Rs 16 in Scheme B
• Rs 15 (with in DP) and Rs 25 (outside DP) in Scheme LF
• Mkt Delivery within DP - Nil and outside DP Rs - 25 in Scheme 800
• Rs 50 (with in DP) and Rs 100 (outside DP) in Scheme BSDA.

0.02% or minimum of ₹35

• Rs 50 in Scheme B, LF and Scheme 800.
• Rs 40 in Scheme A Rs 100 in Scheme BSDA.

0.02% or minimum of ₹35

Nil

0.02% or minimum of ₹35

• Rs 20 in Scheme A
• Rs 25 in Scheme B, LF and Scheme 800.
• Rs 50 in Scheme BSDA

Rs 20 per instruction

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

• Re-Issuance of DIS Booklet: Rs 10 (cotaining 10 leaves).
• Non periodic statement and other communication charged: Rs 20 per mail
• Additional Statement of Holding/Transaction: Rs 2 per page + postage
• In case of demat rejection postage shall be charged at Rs 30 for dispatch to the client for removal of objection.
• Any modification in client master will be charged @ Rs 20 per modification.