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MyValueTrade Vs Alankit Assignments Demat Account Comparison

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

Find out MyValueTrade Vs Alankit Assignments which is better demat account and MyValueTrade Vs Alankit Assignments which is best demat account.

Our Master Capital Services Ltd demat account comparison with Alankit Assignments Limited highlights the major differences between two brokers. Find the best demat between MyValueTrade and Alankit Assignments.

MyValueTrade Vs Alankit Assignments

  Master Capital Services Ltd Alankit Assignments Limited
Master Capital Services Ltd Logo
About the Broker

MyValueTrade (MVT) is a flat fee online stock trading company of Master Capital Services Ltd. My Value Trade offers online flat fee brokerage and unlimited monthly trading plans to retail traders. Trading is offered in Equity, Commodity and Currency Derivatives segment at BSE, NSE and MCX. Master Capital Services is depository participants with the NSDL & CDSL for trading and settlement of dematerialized shares.

ALANKIT ASSIGNMENTS LTD

DP ID 12022900 12014100
Contact Info

1012, Arunachal Building, 10th Floor,
19 Barakhamba Road, New Delhi
Delhi India 110001

205-208, Anarkali Complex Jhandewalan Extn New Delhi Delhi India-110055

Services Offered

Equity Trading, Commodity Trading, Currency Derivatives Trading, DP Services, Mutual Funds

ALL DEPOSITORY SERVICES

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

MyValueTrade Vs Alankit Assignments Demat Account Opening Charges

  Master Capital Services Ltd Alankit Assignments Limited
Demat Account Opening Fee

Nil

NIL

Demat Account AMC
  • Scheme A: Nil
  • Scheme B: Rs 300 per annum
  • Scheme LF: Nil
  • Scheme BSDA: Nil
  • Scheme 800: Rs 800 per annum

Rs 300 P. A.

Advance Deposit
  • Rs 2500 for Scheme A
  • Rs 555 for Scheme LF (For Individuals ony) for Lime time AMC Free
  • Rs 800 for scheme 800

RS. 500/- IF ECS NOT GIVEN

MyValueTrade Vs Alankit Assignments Demat Charges

  Master Capital Services Ltd Alankit Assignments Limited
Dematerialisation Charges
  • Rs 20 per request + Rs 3 per certificate for Scheme A, B, LF and Scheme 800.
  • Rs 50 per request + Rs 10 per certificate for Scheme BSDA.

Rs 20 PLUS Rs 3 PER CERTIFICATE SUBJECT TO MAXIMUM OF RS 250

Rematerialisation Charges
  • Rs 20 for every 100 securities or part thereof; or a flat fee of Rs 20 per certificate whichever is higher will be payable for scheme A, B ,LF and Scheme 800.
  • Rs 50 for every 100 securities or part thereof; or a flat fee of Rs 50 per certificate whichever is higher will be payable for scheme BSDA.

Rs 20 FOR EVERY HUNDRED SECURITIES OR PART THERE OF OR RS 20/ PER CERFITICATE (WHICH EVER IS HIGHER)

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  • Rs 12 in Scheme A
  • Rs 16 in Scheme B
  • Rs 15 (with in DP) and Rs 25 (outside DP) in Scheme LF
  • Mkt Delivery within DP - Nil and outside DP Rs - 25 in Scheme 800
  • Rs 50 (with in DP) and Rs 100 (outside DP) in Scheme BSDA.

RS 16 PER DEBIT INSTRUCTION (For inst. value Rs 5 Lac to 1 Crore transaction charges will be charged Rs 80 per instruction / inst. value Rs 1 crore or above transaction charges will be charged Rs 500 per instruction.

Pledge Creation Charges
  • Rs 50 in Scheme B, LF and Scheme 800.
  • Rs 40 in Scheme A Rs 100 in Scheme BSDA.

Rs 50 PER INSTRUCTION

Pledge Creation Confirmation Charges

Nil

Rs 25 PER INSTRUCTION

Pledge Invocation Charges
  • Rs 20 in Scheme A
  • Rs 25 in Scheme B, LF and Scheme 800.
  • Rs 50 in Scheme BSDA

Rs 25 PER INSTRUCTION

Failed Instruction Charges

Rs 20 per instruction

Rs 20 PER INSTRUCTION

Other Charges
  • Re-Issuance of DIS Booklet: Rs 10 (cotaining 10 leaves).
  • Non periodic statement and other communication charged: Rs 20 per mail
  • Additional Statement of Holding/Transaction: Rs 2 per page + postage
  • In case of demat rejection postage shall be charged at Rs 30 for dispatch to the client for removal of objection.
  • Any modification in client master will be charged @ Rs 20 per modification.

MODIFICATION IN CLIENT MASTER RS 25 PER INSTANCE FOR CLIENTS AVAILING EASIEST FACILITY OF CDSL. A. FOR E-TOKEN USER Rs 2500 FOR TWO YEARs

Contact DP / Request A Call Back

  Master Capital Services Ltd Alankit Assignments Limited
Contact broker for Demat Account related enquires:
  Master Capital Services Ltd Alankit Assignments Limited
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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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