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ICICIdirect Vs SBI Securities Demat Account Comparison

The side-by-side comparison of ICICIdirect and SBI Securities Demat Account. Compare ICICIdirect Vs SBI Securities Demat account charges, AMC and Fees. Read SBI Securities and ICICIdirect demat account review.

Find out ICICIdirect Vs SBI Securities which is better demat account and ICICIdirect Vs SBI Securities which is best demat account.

Our ICICI Securities Pvt Ltd. demat account comparison with SBICAP Securities Ltd highlights the major differences between two brokers. Find the best demat between ICICIdirect and SBI Securities.

ICICIdirect Vs SBI Securities

  ICICIdirect SBI Securities
ICICI Securities Pvt Ltd. Logo SBICAP Securities Ltd Logo
About the Broker

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.

SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd which is one of the oldest players in the Indian Capital Market and has a dominant position in the Indian primary capital markets. SBI Capital Markets Ltd. commenced broking activities in March 2001 to fulfill the secondary market needs of Financial Institutions, FIIs, Mutual Funds, Banks, Corporates, High Network Industry, Non-residential Investors and Retail domestic investors. SBICAP Securities Ltd. (SSL) is a company, which has been formed to take over the broking operations of SBI Capital Markets Ltd. SSL commenced operations in the first quarter of financial year of 2006-2007.

DP ID 12014300 12047200
Contact Info

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

Marathon Futurex, 12th Floor,
A & B Wing N. M. Joshi Marg, Lower Parel,
Mumbai Maharashtra India - 400013

Services Offered

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.

Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services, E-Broking and Currency Derivatives

Find more info about broker
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ICICIdirect Vs SBI Securities Demat Account Opening Charges

  ICICIdirect SBI Securities
Demat Account Opening Fee

Stamp Duty at actuals

Nil

Demat Account AMC

For Individual account: ₹700 p.a.

For Corporate account: ₹1500 p.a.

  1. Individual Account: Rs 750 (Rs 500 for e-statement)
Advance Deposit

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

Nil

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ICICIdirect Vs SBI Securities Demat Charges

  ICICIdirect SBI Securities
Dematerialisation Charges

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

Rs 5 per cert + Rs 35 courier charges per request

Rematerialisation Charges

₹25 + CDSL charges at actual

Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)

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 )

  1. Through POA - 0.01% of the transaction value (Minimum of Rs 21 and Maximum of Rs 300) per ISIN
  2. Through DIS - 0.04% of the transaction value (Minimum of Rs 30) per ISIN
Pledge Creation Charges

0.02% or minimum of ₹35

  1. If SSL / SBI is the counter party: 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges
  2. If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges
Pledge Creation Confirmation Charges

0.02% or minimum of ₹35

  1. If SSL / SBI is the counter party: 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges
  2. If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges
Pledge Invocation Charges

0.02% or minimum of ₹35

  1. If SSL / SBI is the counter party: 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges
  2. If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges
Failed Instruction Charges

Rs 10 per failed instruction.

Other Charges

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

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Contact Broker ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 minutes from sell orders + Free trading tips. Open Instant Account Now Leave your contact information and we will get in touch with you....

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