Motilal Oswal Vs SBI Securities Demat Account Comparison

Motilal Oswal Sec. Ltd. is a leading research and advisory based stock broking house of India, with a dominant position in both institutional and retail broking.

SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd which is one of the oldest players in the Indian Capital Market and has a dominant position in the Indian primary capital markets. SBI Capital Markets Ltd. commenced broking activities in March 2001 to fulfill the secondary market needs of Financial Institutions, FIIs, Mutual Funds, Banks, Corporates, High Network Industry, Non-residential Investors and Retail domestic investors. SBICAP Securities Ltd. (SSL) is a company, which has been formed to take over the broking operations of SBI Capital Markets Ltd. SSL commenced operations in the first quarter of financial year of 2006-2007.

2nd Floor, Palm Spring Centre,
Link Road, Malad (West)
Mumbai, Maharashtra India - 400064

Marathon Futurex, 12th Floor,
A & B Wing N. M. Joshi Marg, Lower Parel,
Mumbai Maharashtra India - 400013

Motilal Oswal Securities services include stock broking in equities & derivatives products, distribution of mutual funds / IPOs and depository services.

Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services, E-Broking and Currency Derivatives

Nil

Nil

Rs 700 p.a.

1. Individual Account: Rs 750 (Rs 500 for e-statement)

Nil

Nil

Rs 50 per certificate + Rs 50 per request

Rs 5 per cert + Rs 35 courier charges per request

Rs 35 per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges

Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity

0.025% or Rs 30

1. Through POA - 0.01% of the transaction value (Minimum of Rs 21 and Maximum of Rs 300) per ISIN
2. Through DIS - 0.04% of the transaction value (Minimum of Rs 30) per ISIN

Rs 35 per request

1. If SSL / SBI is the counter party: 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges
2. If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges

Nil

1. If SSL / SBI is the counter party: 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges
2. If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges

Rs 35 per request

1. If SSL / SBI is the counter party: 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges
2. If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges

Nil

Rs 10 per failed instruction.

Demat Rejection: Rs 50 per request