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Religare Vs Modex International Demat Account Comparison

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

Find out Religare Vs Modex International which is better demat account and Religare Vs Modex International which is best demat account.

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

Religare Vs Modex International

  Religare Modex International 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 12042900
Contact Info

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

23/26, Iiird Floor East Patel Nagar New Delhi New Delhi India-110008

Services Offered

All type of Services of Depository Participant

DP and Stock Broking

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Religare Vs Modex International Demat Account Opening Charges

  Religare Modex International 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

1). Option A - Individuals-Rs 200 PA Corporate - Rs 1000 PA

2.. Option B - (One time) Individuals - Rs-750

3. BSDA AMC -(a) HOLDING LESS THAN 50000/ -NIL (b)HOLDING MORE THAN 50000/BUT LESS THAN 200000 - Rs 100 (C) HOLDING MORE THAN 200000 - AS APPLICABLE IN NORMAL SCHEME OPTED BY CLIENT.

Advance Deposit

Rs 500

Nil

Religare Vs Modex International Demat Charges

  Religare Modex International Securities Limited
Dematerialisation Charges

Rs 2 per certificate + Rs 30 Courier Charges

Rs . 3 Per Certificate + courier charges

Rematerialisation Charges

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

Rs 20 Per 100 shares

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

0.03% Subject to Min. Rs 12 Per Debit Instruction

Pledge Creation Charges

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

Rs 25

Pledge Creation Confirmation Charges

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

Rs 25

Pledge Invocation Charges

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

Rs 25

Failed Instruction Charges

Nil

Nil

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

Courier Charges: Local - Rs 15 Outstation - Rs 35 KYC Registration : Upload - Rs 60 Download: - Rs 60 DIS- Rs 30 FOR 10 LEAVES NO CHARGE FOR FIRST BOOKLET

Contact DP / Request A Call Back

  Religare Modex International Securities Limited
Contact broker for Demat Account related enquires:
  Religare Modex International Securities Limited
Find more info about broker
Enquire about Religare Enquire about Modex International
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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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