Religare Vs Finvasia Demat Account Comparison

Religare Securities Ltd. (RSL) is a diversified financial services group offering broking services in Equity, Currency and Commodity. RSL also offers depository participant services.

RSL is a member of the NSE, BSE, USE and a depository participant with NSDL and CDSL.

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.

A3/4/5, GYS Global, Near HCL,
Sector 125 Noida,
Uttar Pradesh India-201301

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

All type of Services of Depository Participant

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

NIL

₹0 (+ stamp charge of ₹199)

1. Client opting for digital statement: Rs 300 per annum
2. Client opting for physical statement: Rs 400 per annum

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

Rs 500

₹0

Rs 2 per certificate + Rs 30 Courier Charges

₹15 + ₹99 Courier charges

Rs 20 per certificate + CDSL Charges + Rs 30 Courier Charges

₹15 + ₹99 Courier charges

1. Delivery given to Religare Pool Account: Rs 15 (Client with POA Religare), Rs 25 (Client without POA Religare)
2. Any other Account: Rs 30 per debit or 0.02% of the value of transaction whichever is higher

₹9 (including CDSL Fee)

Rs 50 per request or 0.02% of the value of securities whichever is higher

₹25 + NSDL Charges

Rs 50 per request or 0.02% of the value of securities whichever is higher

Rs 50 per request or 0.02% of the value of securities whichever is higher

₹25 + NSDL Charges

Nil

₹49 per transaction

1. Demat Rejection Charges Rs 30 per rejection.
2. Delivery Instruction Booklet Rs 1 per leaflet.

• 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