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Religare Vs Manashvi Securities Demat Account Comparison

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

Find out Religare Vs Manashvi Securities which is better demat account and Religare Vs Manashvi Securities which is best demat account.

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

Religare Vs Manashvi Securities

  Religare Manashvi Securities 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.

DP ID 12030200 12047800
Contact Info

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

562/1, Arambh Opposite Tejas Society Sector-23 Gandhinagar Gujarat India-382023

Services Offered

All type of Services of Depository Participant

We provide an entire bouquet of high quality financial Services to clients based on their current needs and future obligations through Experienced Management, Teamwork and high standards of business ethics for quality assurance, Viz, 1) Complete Broking Platform (including fully automated internet based trading facility) 2) Financial Planning and growth oriented portfolio advisory services based on the proven methodology of technical analysis and in-depth fundamental research by our experienced research personnel scripted in our NEWSLETTER (daily / weekly) 3) Value Added Services like DP Services for hassle free transactions, IPO subscription services, Customer counseling, automated interactive E-services (Website, SMS/Yahoo Messenger, etc) and well integrated back office management.

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Religare Vs Manashvi Securities Demat Account Opening Charges

  Religare Manashvi Securities Limited
Demat Account Opening Fee

NIL

Nil

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

INDIVIDUAL-Rs 350 CORPORATE-Rs 850 BSDA : 1. Scheme A : Holding Valuation in Demat Account up to Rs 50000 No AMC

2. Scheme B : Holding Valuation in Demat account Between Rs 50000 to Rs 200000 AMC Rs 100 * Note : If the value of holding in such BSDA exceeds the prescribe criteria at any date AMC charges as applicable to regular accounts AMC Rs 350 .

Advance Deposit

Rs 500

Rs.4000/- DEPOSIT-MINIMUM LOCKIN PERIOD 2 YEARS(If close before 2 years, year wise AMC applicable as per prorata) RS 2000/- AMC WOULD BE TAKEN AS OF RELEVANT YEAR IN CASE OF CLOSURE OF THE ACCOUNT.

Religare Vs Manashvi Securities Demat Charges

  Religare Manashvi Securities Limited
Dematerialisation Charges

Rs 2 per certificate + Rs 30 Courier Charges

Rs 10 PER CERTIFICATE+COURIER CHARGE OF Rs 50 PER DEMAT REQUEST FOR EVERY 250 GMS DEMAT REJECTION : Rs 20 PER REJECTION + COURIER CHARGES Rs 50

Rematerialisation Charges

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

Rs 15 + Courier Charges Of Rs 35

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

OFF MARKET : 0.010 % OF TRANSACTION VALUE SUBJECT TO MINIMUM Rs 15 AND MAXIMUM Rs 25 FOR BSDA : 25 PER INSCTRUCTION INTERDP : RS 25 PER INSTRUCTION ON MARKET : RS 12 PER INSTRUCTION INCASE OF 2000 DEPOSIT SCHEME POA TRANSACTION CHARGES RS 15 PER INSTRUCTION FOR BSDA : 25 PER INSCTRUCTION

Pledge Creation Charges

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

Rs 50 PER PLEDGE REQUEST + COURIER CHARGES OF RS 50

Pledge Creation Confirmation Charges

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

Pledge Invocation Charges

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

Rs 50 PER PLEDGE REQUEST + COURIER CHARGES OF RS 50

Failed Instruction Charges

Nil

RS 10 PER TRANSCTION

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

STAMP CHARGES Rs 100 Rs 15 per statement for the first 10 pages thereafter Rs 2 per page. MODIFICATION CHARGES RS 25 (address,bank details change), DIS CHARGES RS 100 (Incase of lost issuance). FOR BSDA : 1. Statement on Demand- Rs 5 per page.

2. Valuation report on Demand- Rs 25 .

3. Client Master List on Demand- Rs 5 per page.

Contact DP / Request A Call Back

  Religare Manashvi Securities Limited
Contact broker for Demat Account related enquires:
  Religare Manashvi Securities Limited
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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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