Karvy Vs SAMCO Demat Account Comparison

Karvy Stock Broking Limited is part of Karvy Group, a Hyderabad based financial service provider offering wide range of services to retail and institutional customers across India. Karvy’s financial services business is ranked among the top-five in the country across its business segments.

Karvyonline is the flagship portal of Karvy Stock Broking Ltd for online trading and investing. Karvy Online offer equity and commodity trading at BSE, NSE, MCX, NCDEX, NMCE and ICEX.

SAMCO is Mumbai, an India based stockbroker. Incorporated in 2015, SAMCO enables its customer to trade equity, currency, and commodity at NSE, BSE and MCX exchanges. SAMCO is a depository participant with CDSL. They provide demat account related services to its customers.

SAMCO offer other products including leverage products for delivery margin funding and margin against shares to its NBFC subsidiary.

Karvy Millennium, Plot No 31,
P Nanakram Guda Gachibowli,
Hyderabad, Andhra Pradesh, India 500032

1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra, India.

• Equity Broking Services
• Depository Participant Services
• Distribution of Financial Products
• Currency Derivatives
• Wealth Management Services
• Portfolio Management Services
• Karvy Fortune
• Investment Banking
• Commodities Broking
• Non - Banking Financial Service
• Realty Services
• Registry Services
• Forex & Currencies
• Insurance Repository

• Online Equity, Commodity and Currency trading at BSE, NSE and MCX.
• Leverage products for delivery margin funding and margin against shares.
• Depository Services (Demat Account)

Nil

Only Franking Charges

• Individuals Account (other than NRI): Rs 500 per year
• NRI Account: Rs 1500 per year
• Corporate Account: Rs 5,000 per year
• Foreign Corporate Body Account: Rs 10,000 per year

₹400 for Individual. ₹800 for Corporate.

Nil

Nil

• Rs 5 per certificate + Rs 40 for courier charges;
• For BSDA Accounts: Rs 10 per certificate + Rs 50 courier charges

₹10 per Certificate plus Courier Charges ₹50 per request

Rs 20 for every 100 securities or Rs 20 per certificate whichever is higher

Actual CDSL charges plus Courier charges ₹50 per request.

• Sold through Karvy (for Karvy POA registered Account): Rs 12 per instruction
• For all other transactions Rs 30 per instruction upto a value of Rs 30,000 or part thereof, Rs 10 for every additional value of Rs 30,000 or part thereof, subject to Minimum of Rs 30 and Maximum of Rs 1000 per instruction;
• For BSDA Accounts: Rs 100 per instruction;
• For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum Rs 100 per instructio

₹10 per transaction in same DP & 0.02% per transaction & minimum ₹25 for other DP

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

₹60 (Including CDSL Charges)

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

Nil

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

₹60 (Including CDSL Charges)

Rs 100 per instruction

Nil

• Rs 100 per Demat Rejection
• Rs 100 per Client Modification Request
• Rs 100 per DIS Lost Request
• Rs 100 per request for physical statements