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Religare Vs India Advantage Demat Account Comparison

The side-by-side comparison of Religare and India Advantage Demat Account. Compare Religare Vs India Advantage Demat account charges, AMC and Fees. Read India Advantage and Religare demat account review.

Find out Religare Vs India Advantage which is better demat account and Religare Vs India Advantage which is best demat account.

Our Religare demat account comparison with India Advantage Securities Private Limited highlights the major differences between two brokers. Find the best demat between Religare and India Advantage.

Religare Vs India Advantage

  Religare India Advantage Securities Private Limited
Religare Logo
About the Broker

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.

India Advantage Group Of Companies Member Of: BSE, NSE & CDSL DP

DP ID 12030200 12042000
Contact Info

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

4Th Floor, Om Plaza Vasanji Lalji Road Opp.Kandivli Stn, Kandivli (W) Mumbai Maharashtra India-400067

Services Offered

All type of Services of Depository Participant

Broking Firm & CDSL DP

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Religare Vs India Advantage Demat Account Opening Charges

  Religare India Advantage Securities Private Limited
Demat Account Opening Fee

NIL

Rs 510 (Franking of POA)

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

Rs 290 P.A. (Individual) Rs 1000 P.A. (Non-Individual)

Advance Deposit

Rs 500

NIL

Religare Vs India Advantage Demat Charges

  Religare India Advantage Securities Private Limited
Dematerialisation Charges

Rs 2 per certificate + Rs 30 Courier Charges

Rs 3 per certificate with min.Rs 25

Rematerialisation Charges

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

Rs 10 per request per lot

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  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

Rs 16-per ISIN / If other then POA Pay In Pay out charges will be Rs 50 per ISIN

Pledge Creation Charges

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

0.02%(min Rs 25 per ISIN)

Pledge Creation Confirmation Charges

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

0.02%(min Rs 25 per ISIN)

Pledge Invocation Charges

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

0.02%(min Rs 25 per ISIN)

Failed Instruction Charges

Nil

Rs 25 per Instruction

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

Contact DP / Request A Call Back

  Religare India Advantage Securities Private Limited
Contact broker for Demat Account related enquires:
  Religare India Advantage Securities Private Limited
Find more info about broker
Enquire about Religare Enquire about India Advantage
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Demat Account Related Abbreviations

  • Demat: Demat Account is an online account to hold the shares in electronic form. They are similar to bank account used to hold money.
  • BSDA: Basic Service Demat Account, a type of account which offers limited services at reduced costs.
  • PoA: Power of Attorney, a legal document giving authority to broker to settle the trades though holding in clients demat account.
  • DIS: Delivery Instruction Slip, Similar to conventional cheque book for demat account. Its is used offline demat account transactions.
  • DPC: Delayed Payment Charges
  • Dematerialisation: Process to converting physical certificates to electronic form.
  • Rematerialisation: Process of converting electronic shares to physical certificates.
  • NSDL: National Securities Depository Limited, the 1st central securities depository. It offer services to hold shares in electronic form on behalf of the customer.
  • CDSL: Central Depository Services (India) Limited, the 2nd securities depository. It also offers service to hold shares in electronic form.



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