Reliance Securities Vs GCL Securities 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.

GCL Securities Private Limited, popularly known as GCL Securities or GCL Broking Broking, is a full-service broker providing a wide range of services to its customers. The company offers to invest in Equity, Derivatives, Currency, Commodity, Mutual Funds, IPO, and Fixed Income. GCL Broking offers free trading and Demat account opening to its customers.

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

3rd Floor, Raghukul Tower, Khatipura T-point, Siris Road, Jaipur-302021

Depository Services

Trading and Depository Services. The depository services include account opening, Demat requests, Remat requests, redemption, account transfer instructions, account closure, pledge creation, confirmation, closure, invocation, margin pledge, unpledge, repledge etc.

Nil

Nil

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

GCL Securities offers Standard and Lifetime AMC Plans to individual customers to opt for.

1. Basic Standard Plan: ₹300
2. Lifetime AMC Free Plan (One Time - Non-refundable): ₹1,250

Nil

Nil

Rs 30 per request + Rs 5 for each certificate

₹10 per certificate + ₹30 courier charges

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

Actual CDSL Charges + ₹30 per request as courier charges

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

₹11 per transaction + GST (within GCL) and ₹21 per transaction + GST (outsideGCL)

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

₹25 per ISIN + GST and for BSDA - ₹75

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

₹25 per ISIN + GST and for BSDA - ₹75

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

₹25 per ISIN + GST and for BSDA - ₹75

Nil

Nil

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

Additional request for account statement or DIS: ₹25 and for BSDA ₹50 per booklet.