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MyValueTrade Vs Vedika Vanijya Demat Account Comparison

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

Find out MyValueTrade Vs Vedika Vanijya which is better demat account and MyValueTrade Vs Vedika Vanijya which is best demat account.

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

MyValueTrade Vs Vedika Vanijya

  Master Capital Services Ltd Vedika Vanijya 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.

DP ID 12022900 12022800
Contact Info

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

Vishaka 2B, Shambhunath Pandit Street Kolkata West Bengal India-700020

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 Vedika Vanijya Demat Account Opening Charges

  Master Capital Services Ltd Vedika Vanijya Private Limited
Demat Account Opening Fee

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

First Year: Individual POA - Rs 535 Indv. Non POA - Rs 660 Non Individual POA - Rs 1,035 Non-Individual Non POA - Rs1,155 Subsequent Years: Individual POA-Rs 360 Individual Non POA-Rs 480 Non-Individual POA - Rs 860 Non-Individual Non POA - Rs 980

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 1500 for NON POA and Rs 500 for POA

MyValueTrade Vs Vedika Vanijya Demat Charges

  Master Capital Services Ltd Vedika Vanijya 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 2 per scrip minimum Rs 100 for POA and NON POA. Rs 50 per rejection for POA and NON POA

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 per 100 shares or part thereof minimum Rs 100

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.

For mkt 0.03% of Value, Min Rs 12 and Max Rs 50 per ISIN (POA and NON POA) For off mkt Rs 12 within Vedika Rs 20 outside vedika per ISIN (POA) and Rs 15 within Vedika and Rs 20 outside Vedika per ISIN (NON POA)

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

0.01% of value of shares, Rs 50 minimum and Rs 200 max for POA and NON POA

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

0.01% of value of shares, Rs 50 minimum and Rs 200 max for POA and NON POA

Failed Instruction Charges

Rs 20 per instruction

Rs 12/ ISIN for POA and NON POA

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.

Cheque return charges Rs 200

Contact DP / Request A Call Back

  Master Capital Services Ltd Vedika Vanijya Private Limited
Contact broker for Demat Account related enquires:
  Master Capital Services Ltd Vedika Vanijya Private Limited
Find more info about broker
Enquire about MyValueTrade Enquire about Vedika Vanijya
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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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