Kotak Securities Vs GCL Securities Demat Account Comparison

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.

GCL Securities Private Limited, popularly known as GCL Securities or GCL Broking Broking, is a full-service broker providing a wide range of services to its customers. The company offers to invest in Equity, Derivatives, Currency, Commodity, Mutual Funds, IPO, and Fixed Income. GCL Broking offers free trading and Demat account opening to its customers.

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

3rd Floor, Raghukul Tower, Khatipura T-point, Siris Road, Jaipur-302021

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

Trading and Depository Services. The depository services include account opening, Demat requests, Remat requests, redemption, account transfer instructions, account closure, pledge creation, confirmation, closure, invocation, margin pledge, unpledge, repledge etc.

Nil

Nil

• 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 )

GCL Securities offers Standard and Lifetime AMC Plans to individual customers to opt for.

1. Basic Standard Plan: ₹300
2. Lifetime AMC Free Plan (One Time - Non-refundable): ₹1,250

Nil

Nil

Rs 3 per certificate plus Rs 50 per request

₹10 per certificate + ₹30 courier charges

• Individual Account: Rs 10 for 100 shares (Minimum Payable Rs 15)
• Corporate Account: Rs 10 for 100 shares (Minimum Payable Rs 15)

Actual CDSL Charges + ₹30 per request as courier charges

• 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).

₹11 per transaction + GST (within GCL) and ₹21 per transaction + GST (outsideGCL)

0.05% of the value of securities Minimum Rs 30

₹25 per ISIN + GST and for BSDA - ₹75

0.05% of the value of securities Minimum Rs 30

₹25 per ISIN + GST and for BSDA - ₹75

0.05% of the value of securities Minimum Rs 30

₹25 per ISIN + GST and for BSDA - ₹75

Nil

Nil

Additional request for account statement or DIS: ₹25 and for BSDA ₹50 per booklet.