Religare Vs Geojit 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.

Geojit is the Full Service Broker offering savings and investment solutions like Equities, Derivatives , Mutual Funds, Life & General Insurance, third party Fixed Deposits, Portfolio Management services and wealth management.

Geojit is member of NSE and BSE and registered as a depository participant with NSDL and CDSL. The broker is among few broking firms to introduce online trading facility in India. The Broker has strong hold in Gulf countries (UAE, Saudi Arabia, Bahrain, Kuwait or Oman).

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

34/659 P, 1st Floor, Civil Line Road,
Padivattom Kochi Kerala India - 682024

All type of Services of Depository Participant

Demat Account Services

NIL

Nil

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

1. Regular Individual Account: RS 600 (Rs 450 electronic communication)
2. NRI Clients: RS 2000 (Rs 750 electronic communication)
3. Corporate Accounts: Rs 1250
4. BSDA clients: Nil for holding value till Rs 50,000. Rs 100 p.a. for holding value from Rs 50,001 to Rs 2,00,000 . Holding value above 2Lakh normal tariff will be applicable

Rs 500

Nil

Rs 2 per certificate + Rs 30 Courier Charges

Nil + Courier Charges @ Rs 35

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

Rs 10 for every 100 securities or part thereof; or Rs 10 per certificate whichever is higher + courier charges Rs 35 per scrip

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

For Geojit debit:

• 0.02% (subject to a min of Rs 15 & max of Rs 40 per trans), if the delivery is through POA/with DCN or
• 0.02% (subjects to a min of Rs 20 & maxi of Rs 40 per trans), if the delivery is through DIS or POA without DCN.

For other broker debit:

• 0.02% (subject to a min of Rs 50 and max of Rs 100 per Trans)

Off market transaction

• 0.02% (subject to a min of Rs 20 and max of Rs 40 per trans), if the receiving demat account is with Geojit BNP Paribas.
• 0.02% (subject to a minimum of Rs 50 and maximum of Rs 100 per transaction) if receiving demat account is outside Geojit BNP Paribas.

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

Rs 50 per trans, Rs 100 per transaction for BSDA clients

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

NIL

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

Rs 50 per trans Rs 100 for BSDA clients

Nil

NIL

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