Chittorgarh.com
Free Trading + Demat Account

MyValueTrade Vs Share India Demat Account Comparison

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

Find out MyValueTrade Vs Share India which is better demat account and MyValueTrade Vs Share India which is best demat account.

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

MyValueTrade Vs Share India

  Master Capital Services Ltd Share India Securities 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.

Share India Securities Limited is one of the leading broking houses of India having corporate membership of cash segment as well as derivatives segment of the National Stock Exchange of India Limited (the leading stock exchange in India). In order to fulfill the requirements of its retail clients relating to Depository Services, Share India also acquired the corporate membership of Central Depository Services (India) Limited in the year 2005. .

DP ID 12022900 12038000
Contact Info

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

14 Dayanand Vihar Delhi Delhi India-110092

Services Offered

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

Equity, derivatives and commodity broking business besides being a DP

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

MyValueTrade Vs Share India Demat Account Opening Charges

  Master Capital Services Ltd Share India Securities 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 200 per annum (For Individual account) for Indvidiual A/c Rs 1000 Life Time AMC or Add New life time amc 1200 Rs 1500 pre annum (For Corparate account)

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 Share India Demat Charges

  Master Capital Services Ltd Share India Securities 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 50 per DRF plus Rs 5 per Certificate

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 25 per every 100 securities or part thereof; or a flat fee of Rs 20 per certificate whichever is higher plus Rs 30 courier chagres

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.

0.01% (Min. Rs 15 ) or in the region of Jodhpur will be 0.01% or Rs 25 whichever is lower. There is no change for other parts of India.

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 50 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 50 per instruction

Failed Instruction Charges

Rs 20 per instruction

Rs 20 per intimaiton 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.

First Instruction Booklet: free + courier charges; Additional Statement of Holding/Transaction: Rs 5 Per Page + courier charges; Client Master Modification-Rs50 Per Request

Contact DP / Request A Call Back

  Master Capital Services Ltd Share India Securities Limited
Contact broker for Demat Account related enquires:
  Master Capital Services Ltd Share India Securities Limited
Find more info about broker
Enquire about MyValueTrade Enquire about Share India
Compare More Demat Accounts

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.



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App