Indiabulls Vs SBI Securities Demat Account Comparison

Indiabulls Ventures Limited is India's leading capital markets company with All-India Presence and an extensive client base. Indiabulls Ventures Limited is the first brokerage house in India to be assigned the highest rating by CRISIL. Indiabulls Ventures Limited is listed on NSE, BSE & Luxembourg stock exchange.

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.

Indiabulls House, 448-451,
Udyog Vihar, Phase - V,
Gurgaon Haryana India-122016

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

Depository Services

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

Nil

Nil

Rs 450 p.a.

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

Nil

Nil

Rs 1 per Certificate (max Rs 250 )+ Rs 25 for courier

Rs 5 per cert + Rs 35 courier charges per request

Fee of Rs 15 for every 100 securities/MF Units or Flat fee of Rs 15 per cert/unit, whichever is higher

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

1. On-Market Rs 10 Flat, For NRI/OCB Rs 15 or .02% of the transaction value (whichever is higher)
2. Off-Market Rs 15 or .02% of the transaction value (whichever is higher).

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

Rs 25 or .02% of the transaction value(whichever is higher)

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

Rs 25 or .02% of the transaction value(whichever is higher)

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

Rs 25 or .02% of the transaction value(whichever is higher)

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

Rs 20 Per Instruction

Rs 10 per failed instruction.

1. Fax Indemnity - Actual
2. Demat Rejection - Rs 20 + Courier Charges
3. Renewal charges for resuming the Services - Rs 100 per account.