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Karvy Vs SAMCO Demat Account Comparison

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

Find out Karvy Vs SAMCO which is better demat account and Karvy Vs SAMCO which is best demat account.

Our Karvy Stock Broking Ltd demat account comparison with SAMCO Securities Limited highlights the major differences between two brokers. Find the best demat between Karvy and SAMCO.

Karvy Vs SAMCO

  Karvy Stock Broking Ltd SAMCO Securities Limited
Karvy Stock Broking Ltd Logo SAMCO Securities Limited Logo
About the Broker

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.

DP ID 12014400 12054200
Contact Info

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.

Services Offered
  • 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)
Demat Account Enquiry Open Demat Account Online

Karvy Vs SAMCO Demat Account Opening Charges

  Karvy Stock Broking Ltd SAMCO Securities Limited
Demat Account Opening Fee

Nil

Only Franking Charges

Demat Account AMC
  • 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.

Advance Deposit

Nil

Nil

Karvy Vs SAMCO Demat Charges

  Karvy Stock Broking Ltd SAMCO Securities Limited
Dematerialisation Charges
  • 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

Rematerialisation Charges

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

Actual CDSL charges plus Courier charges ₹50 per request.

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

Pledge Creation Charges

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

₹60 (Including CDSL Charges)

Pledge Creation Confirmation Charges

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

Nil

Pledge Invocation Charges

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

₹60 (Including CDSL Charges)

Failed Instruction Charges

Rs 100 per instruction

Nil

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

Contact DP / Request A Call Back

  Karvy Stock Broking Ltd SAMCO Securities Limited
Contact broker for Demat Account related enquires:
  Karvy Stock Broking Ltd SAMCO Securities Limited
Find more info about broker
Enquire about Karvy
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Demat Account Related Abbreviations

  • Demat: Demat Account is an online account to hold the shares in electronic form. They are similar to bank account used to hold money.
  • BSDA: Basic Service Demat Account, a type of account which offers limited services at reduced costs.
  • PoA: Power of Attorney, a legal document giving authority to broker to settle the trades though holding in clients demat account.
  • DIS: Delivery Instruction Slip, Similar to conventional cheque book for demat account. Its is used offline demat account transactions.
  • DPC: Delayed Payment Charges
  • Dematerialisation: Process to converting physical certificates to electronic form.
  • Rematerialisation: Process of converting electronic shares to physical certificates.
  • NSDL: National Securities Depository Limited, the 1st central securities depository. It offer services to hold shares in electronic form on behalf of the customer.
  • CDSL: Central Depository Services (India) Limited, the 2nd securities depository. It also offers service to hold shares in electronic form.



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