Reliance Securities Vs Finvasia Demat Account Comparison

Reliance Securities, A Reliance Capital Limited Company, is the financial services division of Reliance Anil Dhirubhai Ambani (ADA) Group. Reliance ADA group is among top 3 business houses in India with wide range of presence across various sectors. Group's major interests ranges from communications (Reliance Communications) and financial services (Reliance Capital Ltd), to generation, transmission and distribution of power (Reliance Energy), infrastructure and entertainment.

Finvasia is a Chandigarh, India based financial service provider. Finvasia caters to retail, institutional and foreign customers. Finvasia offers truly brokerage free trading. It absolutely doesn’t change any brokerage commission from customers to trade on BSE, NSE, and MCX. Customers can trade in any segment by just paying applicable taxes. Call & trade is also available for free of cost to the customers.

Finvasia is a depository participant with CDSL. They offer all kind of depository services to its customer at a very reasonable price.

They are an online broker. All services offered are online or over the phone. They do not have any branch offices, franchise or partner offices.

Ashar It Park, B-2, B Wing, 4th Floor,
Jayashri Baug, Rd No 16 Waghle Ind Estate,
Thane (W) Mumbai Maharashtra India - 400604

Plot # 10, Netsmartz House (Level 3).
Rajiv Gandhi Chd Tech Park.
Chandigarh. India 160101

Depository Services

Retail trading in equity, currency and commodity, depository (demat account), asset management, investment banking, advisory, and currency hedging.

Nil

₹0 (+ stamp charge of ₹199)

Regular Demat Account

1. For Individual/HUFs/ Trust: Accounts - Rs 400
2. For NRIs/Foreign Nationals: Nil
3. For Corporate / Other Non Individuals: Rs 1000

BSDA (Basic Service Demat Account)

1. If Holding value is not greater than Rs 50,000: Nil
2. If Holding value is between Rs 50001 to Rs 200000: Rs 100

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

Nil

₹0

Rs 30 per request + Rs 5 for each certificate

₹15 + ₹99 Courier charges

Rs 40 for 100 securities or a flat fee of Rs 25 per certificate which ever is higher + postal charges

₹15 + ₹99 Courier charges

0.04% of transaction value or minimum of Rs 27 per ISIN

₹9 (including CDSL Fee)

Rs 0.05% of transaction value or minimum of Rs 30 per ISIN

₹25 + NSDL Charges

Rs 0.05% of transaction value or minimum of Rs 30 per ISIN

Rs 0.05% of transaction value or minimum of Rs 30 per ISIN

₹25 + NSDL Charges

Nil

₹49 per transaction

1. Additional account statements for Individuals/HUFs/ Corporate: Rs 40 per Statement
2. For NRI / Foreign Nationals: Rs 100 per Statement

• Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
• Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
• Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
• Check Bounce - ₹299
• Failed Transaction - ₹49 per transcaction
• Modification in Client Information - ₹19 per request
• Demat Closure Account - Nil
• Delay Payment Charges - 2% per month on T+2 days