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MyValueTrade Vs J. L. Shah Securities Demat Account Comparison

The side-by-side comparison of MyValueTrade and J. L. Shah Securities Demat Account. Compare MyValueTrade Vs J. L. Shah Securities Demat account charges, AMC and Fees. Read J. L. Shah Securities and MyValueTrade demat account review.

Find out MyValueTrade Vs J. L. Shah Securities which is better demat account and MyValueTrade Vs J. L. Shah Securities which is best demat account.

Our Master Capital Services Ltd demat account comparison with J. L. Shah Securities Private Limited highlights the major differences between two brokers. Find the best demat between MyValueTrade and J. L. Shah Securities.

MyValueTrade Vs J. L. Shah Securities

  Master Capital Services Ltd J. L. Shah Securities Private 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.

J L SHAH SECURITIES PVT LTD 510,Hubtown Solaris, 5th Floor, N.S.Phadke Marg, Near.East West Flyover,Andheri (East). Mumbai :- 400069. Tel :- 022-66807575, Fax:- 022-66807558. E-mail: jls_336@jlshah.co.in,Website: http://www.jlshah.co.in. DP SEBI REG NO.IN-DP-CDSL-467-2008.

DP ID 12022900 12056200
Contact Info

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

510, Hubtown Solaris, N S Phadke Marg, Nr East West Flyover, Andheri Mumbai Maharashtra India-400069

Services Offered

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

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

MyValueTrade Vs J. L. Shah Securities Demat Account Opening Charges

  Master Capital Services Ltd J. L. Shah Securities Private 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

INDIVIDUAL Rs 350 CORPORATE Rs 1000 10 year scheme only for individuals * Rs 1800\-

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

NIL

MyValueTrade Vs J. L. Shah Securities Demat Charges

  Master Capital Services Ltd J. L. Shah Securities Private 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 10 per certificate + Courier Charge of Rs 60 per demat request for every 100 gms. Demat Rejection Charge :-Rs 20 per Rejection + Courier Charge of Rs 60 per demat request for every 100 gms.

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 15 per certificate or 100 Shares or Part of its 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 20 per Transaction

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

0.02% of value of shares (Minimum Rs 25 per pledge request)

Pledge Creation Confirmation Charges

Nil

NIL

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

0.02% of value of shares (Minimum Rs 25 per pledge request)

Failed Instruction Charges

Rs 20 per instruction

Rs 7 per transaction

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.

Rs 50 PER CHEQUE BOUNCED CHARGES. Delay in payment of monthly bill:-Interest @2% per month on the value outstanding on the bill from the due date (which would be one month from the bill date). Non-payment of bill after the due date For payment:-The depository services for the account will be temporary withdrawn. A renewal fee of Rs 100 per account will be charged to the client for resuming his/her deposit operations. Extra statement :-Rs 15 per statement for the first 10 pages thereafter Rs .2 per page.

Contact DP / Request A Call Back

  Master Capital Services Ltd J. L. Shah Securities Private Limited
Contact broker for Demat Account related enquires:
  Master Capital Services Ltd J. L. Shah Securities Private 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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