Reliance Securities Vs Karvy 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.

Karvy Stock Broking Limited is part of Karvy Group, a Hyderabad based financial service provider offering wide range of services to retail and institutional customers across India. Karvy’s financial services business is ranked among the top-five in the country across its business segments.

Karvyonline is the flagship portal of Karvy Stock Broking Ltd for online trading and investing. Karvy Online offer equity and commodity trading at BSE, NSE, MCX, NCDEX, NMCE and ICEX.

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

Karvy Millennium, Plot No 31,
P Nanakram Guda Gachibowli,
Hyderabad, Andhra Pradesh, India 500032

Depository Services

• Equity Broking Services
• Depository Participant Services
• Distribution of Financial Products
• Currency Derivatives
• Wealth Management Services
• Portfolio Management Services
• Karvy Fortune
• Investment Banking
• Commodities Broking
• Non - Banking Financial Service
• Realty Services
• Registry Services
• Forex & Currencies
• Insurance Repository

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

• Individuals Account (other than NRI): Rs 500 per year
• NRI Account: Rs 1500 per year
• Corporate Account: Rs 5,000 per year
• Foreign Corporate Body Account: Rs 10,000 per year

Nil

Nil

Rs 30 per request + Rs 5 for each certificate

• Rs 5 per certificate + Rs 40 for courier charges;
• For BSDA Accounts: Rs 10 per certificate + Rs 50 courier charges

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

Rs 20 for every 100 securities or Rs 20 per certificate whichever is higher

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

• Sold through Karvy (for Karvy POA registered Account): Rs 12 per instruction
• For all other transactions Rs 30 per instruction upto a value of Rs 30,000 or part thereof, Rs 10 for every additional value of Rs 30,000 or part thereof, subject to Minimum of Rs 30 and Maximum of Rs 1000 per instruction;
• For BSDA Accounts: Rs 100 per instruction;
• For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum Rs 100 per instructio

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

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

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

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

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

0.03% of value of securities, Minimum Rs 100 and a Maximum of Rs 5000 Per instruction

Nil

Rs 100 per instruction

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

• Rs 100 per Demat Rejection
• Rs 100 per Client Modification Request
• Rs 100 per DIS Lost Request
• Rs 100 per request for physical statements