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Manubhai Mangaldas Vs Way2wealth Demat Account Comparison

The side-by-side comparison of Manubhai Mangaldas and Way2wealth Demat Account. Compare Manubhai Mangaldas Vs Way2wealth Demat account charges, AMC and Fees. Read Way2wealth and Manubhai Mangaldas demat account review.

Find out Manubhai Mangaldas Vs Way2wealth which is better demat account and Manubhai Mangaldas Vs Way2wealth which is best demat account.

Our Manubhai Mangaldas Securities Private Limited demat account comparison with Way2wealth Brokers Private Limited highlights the major differences between two brokers. Find the best demat between Manubhai Mangaldas and Way2wealth.

Manubhai Mangaldas Vs Way2wealth

  Manubhai Mangaldas Way2wealth
Way2wealth Brokers Private Limited Logo
About the Broker

Way2wealth Brokers Private Limited is a dynamic, well diversified and professionally managed business house which is a part of Way2wealth Group, primarily focused on Financial Services sector providing an umbrella of capital market services under one roof.

DP ID 12032100 12031500
Contact Info

Heritage Plaza, 4Th Floor J P Road,Opp Indian Oil Nagar Andheri West Mumbai Maharashtra India-400053

3Rd Floor, Hincon House Tower-B, 247 Park, L.B.S Marg Vikhroli (W) Mumbai Maharashtra India-400083

Services Offered

ALL DP RELATED SERVICES

Depository Services, Broking, Wealth Management, Distribution of Mutual Funds etc

Demat Account Enquiry Request Callback Request Callback

Manubhai Mangaldas Vs Way2wealth Demat Account Opening Charges

  Manubhai Mangaldas Way2wealth
Demat Account Opening Fee

NIL

As per applicable stamp duty/ rate plus service charge

Demat Account AMC

Rs 300 per year

Sch-I Rs 360 for Ind and Rs 860-Corp, Sch-II Rs 550 -Ind, Rs 1050-Corp & Sch-III : NIL (Charges to be paid upfront annually),BSDA ZERO AMC FOR STOCK VALUE UPTO 50000 & 100 AMC FOR STOCK VALUE 50001 TO 200000

Advance Deposit

NIL

Scheme-I , II & BSDA : NIL Scheme-III : Rs.2000

Manubhai Mangaldas Vs Way2wealth Demat Charges

  Manubhai Mangaldas Way2wealth
Dematerialisation Charges

Rs 3 per certificate OR Rs 15 Per Request whichever is Higher & COURIER CHG Rs 35

Rs 40 per request for Sch-I&II and Rs 2 per Cert. Plus Rs 75 for Sch-III, Rs 2 per Cert. Plus Rs 75 for BSDA

Rematerialisation Charges

Rs 50 per request plus CDSL charges(Fee of 10 (INR) for every 100 securities or part thereof; subject to maximum fee of 5,00,000 (INR) or a flat fee of 10 (INR) per certificate, whichever is higher )

Rs 25 for every 100 securities or part thereof or Rs25 per certificate whichever is higher for Sch-I&II and Rs 25 per cert.(for every hundred securities) plus Rs 75 for Scheme-III, Rs 25 per cert.(for every hundred securities) plus Rs 75 for BSDA

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

MIN Rs 10 MAX Rs 15 SUBJECT TO 0.015 % OF M.V .

Sch-I Rs 9 per txn for POA txns & Rs 18 per txn for same day & future day execution, Sch-II Nil for POA txns) & Rs 18 per txn for same day execution & Rs 9 per txn for future day execution, Sch-III 10 per debit Transfer 0.03% of transaction value, subject to minimum of Rs 25 per transaction, B SDA 50 PER DEBIT TXN FOR W2W POA & 0.03% of transaction value, subject to minimum of Rs 100 per txn for Off Mkt/Inter DP

Pledge Creation Charges

Rs 50 PER INSTRUCITON

Rs 24 per txn for Sch-I &II and Sch-III : 0.02% of the value of securities Pledged, subject to minimum of Rs 50 per transaction, BSDA : 0.02% of the value of securities Pledged, subject to minimum of Rs 50 per transaction

Pledge Creation Confirmation Charges

NIL

Sch-I&II : Rs 24 per txn, Sch-III: 0.02% of the value of securities Pledged, subject to minimum of Rs 25 per transaction, BSDA : 0.02% of the value of securities Pledged, subject to minimum of Rs 25 per transaction

Pledge Invocation Charges

Rs 100 PER ISNTRUCTION

Rs 24 per txn for Sch-I &II and Sch-III : 0.02% of the value of securities Pledged, subject to minimum of Rs 25 per transaction, BSDA : 0.02% of the value of securities Pledged, subject to minimum of Rs 25 per transaction

Failed Instruction Charges

NIL

Scheme-I & II : NIL Scheme-III : Rs 20, BSDA : Rs 20

Other Charges

DEPENDS ON THE OTHER SERVICE

Extra statement Rs 10 per page for Sch-I &II and Rs 15 for 1st 10 pages and thereafter Rs 2 per page for Sch-III & BSDA

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  Manubhai Mangaldas Way2wealth
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