Chittorgarh.com
Free Trading + Demat Account

Religare Vs Progressive Demat Account Comparison

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

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

Our Religare demat account comparison with Progressive Share Brokers Private Limited highlights the major differences between two brokers. Find the best demat between Religare and Progressive.

Religare Vs Progressive

  Religare Progressive Share Brokers 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.

DP ID 12030200 12033900
Contact Info

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

122-123-124 Laxmi Plaza Laxmi Industrial Estate New Link Road, Andheri West Mumbai Maharashtra India-400053

Services Offered

All type of Services of Depository Participant

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Religare Vs Progressive Demat Account Opening Charges

  Religare Progressive Share Brokers Private 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) Rs 250 Annually

2. Rs 1000 Non-Refundable one time charges.

3. Rs 2000 Refundable Deposit Lock in period 1 year.

Advance Deposit

Rs 500

Nil

Religare Vs Progressive Demat Charges

  Religare Progressive Share Brokers Private Limited
Dematerialisation Charges

Rs 2 per certificate + Rs 30 Courier Charges

Rs 10 per certificates plus Rs 50 for postage.

Rematerialisation Charges

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

Rs .15 Per Certificate or Rs 15 for every 100 securities or 0.03% of securities value whichever is higher

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 Minimum Rs 15 per ISIN (for non poa client ) & (for poa client other than progressive pay-in) BSDA client 0.03% subject to minimum Rs 50 per isin Flat Rs 10 per ISIN ( Only Poa client for pay-in with in progressive)

Pledge Creation Charges

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

Rs 25 per Instruction or 0.3% whichever is higher

Pledge Creation Confirmation Charges

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

Rs 25 per Instruction or 0.3% whichever is higher

Pledge Invocation Charges

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

Rs 25 per Instruction or 0.3% whichever is higher

Failed Instruction Charges

Nil

Nil

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

BSDA Client Account Maintenance Holding value 200000= Rs 250

Contact DP / Request A Call Back

  Religare Progressive Share Brokers Private Limited
Contact broker for Demat Account related enquires:
  Religare Progressive Share Brokers Private Limited
Find more info about broker
Enquire about Religare Enquire about Progressive
Compare More Demat Accounts

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.



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App