Chittorgarh.com
Free Trading + Demat Account

Kotak Securities Vs Aditya Birla Money Demat Account Comparison

The side-by-side comparison of Kotak Securities and Aditya Birla Money Demat Account. Compare Kotak Securities Vs Aditya Birla Money Demat account charges, AMC and Fees. Read Aditya Birla Money and Kotak Securities demat account review.

Find out Kotak Securities Vs Aditya Birla Money which is better demat account and Kotak Securities Vs Aditya Birla Money which is best demat account.

Our Kotak Securities Ltd demat account comparison with Aditya Birla Money Ltd highlights the major differences between two brokers. Find the best demat between Kotak Securities and Aditya Birla Money.

Kotak Securities Vs Aditya Birla Money

  Kotak Securities Ltd Aditya Birla Money Ltd
Kotak Securities Ltd Logo Aditya Birla Money Ltd Logo
About the Broker

Kotak Securities Ltd. is a broking company and is a member of BSE,NSE, MSEI and is also registered as a Depository Participants with CDSL and NSDL.

Aditay Birla Money Ltd (formerly known as Apollo Sindhoori Capital Investments) deals into equity and derivatives market through BSE and NSE. Company also provides commodity trading on MCX and NCDEX through its subsidiary company, Aditya Birla Commodities Broking Ltd. Aditya Birla Money has its own DP service and registered as a DP with NSDL and CDSL.

DP ID 12025100 12037600
Contact Info

Kotak Infiniti, Bldg No 21, 8th Floor,
Infinity Park, Gen A K Vaidya Marg,
Malad (E) Mumbai Maharashtra India - 400097

Ali Centre, No 53,
Greams Road, Chennai,
Tamil Nadu India - 600006

Services Offered
  1. Stock Broking
  2. Depository Services
  3. Portfolio Management Services
  4. Corporate Agent for insurance
  5. Distributor for Mutual Funds

Depository Services

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Kotak Securities Vs Aditya Birla Money Demat Account Opening Charges

  Kotak Securities Ltd Aditya Birla Money Ltd
Demat Account Opening Fee

Nil

Rs 750
Demat Account AMC
  • Individual (Resident): Rs 780 p.a. for upto 10 debit transactions. Rs 600 p.a. for 11 to 30 debit transactions. Rs 420 p.a. for more than 30 debit transactions.
  • NRI Account: Rs 900 p.a.
  • Corporate (Resident): Rs 1200 p.a.
  • Corporate (NRI): Rs 1500 p.a.
  • BSDA Account: Rs 100 per annum (if DP value is more than Rs 50,000 and less than 2 lacs), Zero (if DP value is less than Rs 50,000 )
  1. Normal Scheme: Rs 450 p.a. for Individuals and for Corporates Rs 1000 p.a.
  2. Basic Service Demat Account (BSDA) Account: Nil for holding below Rs 50,000, Holding from Rs 50,001 to Rs 200,000 AMC of Rs 100 p.a., Holding above Rs 200,000 will be charge as applicable to Normal Demat Account.
  3. Lifetime AMC Scheme (Rs 1500 one time): Nil
Advance Deposit

Nil

Rs 1500 (Lifetime AMC Scheme)

Kotak Securities Vs Aditya Birla Money Demat Charges

  Kotak Securities Ltd Aditya Birla Money Ltd
Dematerialisation Charges

Rs 3 per certificate plus Rs 50 per request

  1. Normal Scheme: Rs 5 per certificate plus Rs 50 courier charges.
  2. BSDA Account: Rs 25 per certificate plus Rs 50 courier charges.
Rematerialisation Charges
  • Individual Account: Rs 10 for 100 shares (Minimum Payable Rs 15)
  • Corporate Account: Rs 10 for 100 shares (Minimum Payable Rs 15)
  1. Normal Scheme: A flat fee of Rs 15 per certificate or Rs 15 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.
  2. BSDA Account: A flat fee of Rs 25 per certificate or Rs 25 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.
Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  • Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum Rs 27 (Plus CDSL charges as applicable + applicable taxes).
  • For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum Rs 44.50 (Plus CDSL charges as applicable + applicable taxes).
  • Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum Rs 27(Plus CDSL charges as applicable + applicable taxes).

Market Transactions within Aditya Birla Money POW (Both Market / Off Market):

  1. Normal Scheme: Rs 30 per ISIN
  2. Lifetime AMC Scheme: Rs 20 per ISIN
  3. BSDA Account: Rs 75 per ISIN (Market /Off Market)

For External Broker:

  1. Normal Scheme: Rs 30 or 0.03% on value of securities whichever is higher
  2. Lifetime AMC Scheme: Rs 30 or 0.03% on value of securities whichever is higher
  3. BSDA Account: Minimum Rs 75 per ISIN or 0.05% on value of securities whichever is higher.
Pledge Creation Charges

0.05% of the value of securities Minimum Rs 30

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Pledge Creation Confirmation Charges

0.05% of the value of securities Minimum Rs 30

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Pledge Invocation Charges

0.05% of the value of securities Minimum Rs 30

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Failed Instruction Charges

Nil

Other Charges

Rs 50 for re-issuance of DIS Booklet.

Contact DP / Request A Call Back

  Kotak Securities Ltd Aditya Birla Money Ltd
Contact broker for Demat Account related enquires:
  Kotak Securities Ltd Aditya Birla Money Ltd
Find more info about broker
Enquire about Kotak Securities Enquire about Aditya Birla Money
Compare More Demat Accounts

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.



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App