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Reliance Securities Vs Groww Demat Account Comparison

The side-by-side comparison of Reliance Securities and Groww Demat Account. Compare Reliance Securities Vs Groww Demat account charges, AMC and Fees. Read Groww and Reliance Securities demat account review.

Find out Reliance Securities Vs Groww which is better demat account and Reliance Securities Vs Groww which is best demat account.

Our Reliance Securities Limited demat account comparison with Nextbillion Technology pvt ltd highlights the major differences between two brokers. Find the best demat between Reliance Securities and Groww.

Reliance Securities Vs Groww

  Reliance Securities Groww
Reliance Securities Limited Logo Nextbillion Technology pvt ltd Logo
About the Broker

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.

Groww is a fast-growing online stock broker and mutual fund investment company. It offers services to invest in Equity, IPO, and Direct Mutual Funds. Groww started offering demat account services in 2020. It is a member of the CDSL depository.

Groww is an online discount broker. It charges a flat of Rs.20 or 0.05% per executed order whichever is lower as trade brokerage fee.

Groww demat account charges include Account Opening fee of Rs.0 (Free), AMC of Rs.0 (free) and Debit Transaction Charge of Rs.13.50 per script for delivery trades and zero for intraday trades.

DP ID 12041400 88700
Contact Info

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

Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034
Services Offered

Depository Services

Equity, IPO, and Direct Mutual Funds
Find more info about broker
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Reliance Securities Vs Groww Demat Account Opening Charges

  Reliance Securities Groww
Demat Account Opening Fee

Nil

₹0 (Free)
Demat Account AMC

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 (Free)
Advance Deposit

Nil

₹0
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Reliance Securities Vs Groww Demat Charges

  Reliance Securities Groww
Dematerialisation Charges

Rs 30 per request + Rs 5 for each certificate

₹150 per certificate + courier charges
Rematerialisation Charges

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

₹150 per certificate + courier charges
Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)

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

₹8 + ₹5.50 (CDSL Charges) per ISIN
Pledge Creation Charges

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

₹20 + ₹12 per request (CDSL Charges)
Pledge Creation Confirmation Charges

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

Pledge Invocation Charges

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

₹20
Failed Instruction Charges

Nil

₹50 per ISIN
Other Charges
  1. Additional account statements for Individuals/HUFs/ Corporate: Rs 40 per Statement
  2. For NRI / Foreign Nationals: Rs 100 per Statement
KYC Modification: ₹50
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