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Religare Vs ProStocks Demat Account Comparison

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

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

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

Religare Vs ProStocks

  Religare ProStocks
Religare Logo ProStocks 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.

ProStocks (a Sunlight Broking LLP venture) is among the fastest  growing online stock broking company in India. ProStocks offers ultra low cost brokerage and depository services also known as discount brokerage services.

ProStocks is popular broker for Rs 15 Flat Per Trade Plan, Rs 899 Unlimited Plan (Equity and Derivatives) and Rs 499 Unlimited Plan (Currency Derivatives). ProStocks is SEBI registered stock broker and member of BSE, NSE, CDLS.

Zero AMC Demat Account (with one time Rs 1000 refundable deposit) with the Zero Demat Account Opening Fee makes ProStocks Demat Account the cheapest Demat Account in India.

DP ID 12030200 12083200
Contact Info

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

Sunlight Broking LLP,
B-53, Pravasi Industrial Estate,
Goregaon (East), Mumbai - 400063

Services Offered

All type of Services of Depository Participant

  • Delivery Trading - Equity
  • Intraday Trading - Equity
  • Futures Trading - Equity, Currency, Commodity
  • Options Trading - Equity, Currency
  • Depository Services (Demat Account)
Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Religare Vs ProStocks Demat Account Opening Charges

  Religare ProStocks
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

Nil

Advance Deposit

Rs 500

Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit

Religare Vs ProStocks Demat Charges

  Religare ProStocks
Dematerialisation Charges

Rs 2 per certificate + Rs 30 Courier Charges

Rs 50 per set up + Rs 50 courier charges

Rematerialisation Charges

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

Rs 50 per set up + Rs 50 courier charges

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 8 + Rs 5.50 (CDSL charges) per ISIN

Pledge Creation Charges

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

Rs 50 per set up

Pledge Creation Confirmation Charges

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

Nil

Pledge Invocation Charges

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

Rs 50 per set up

Failed Instruction Charges

Nil

Failed transactions Rs 50 per ISIN

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 ProStocks
Contact broker for Demat Account related enquires:
  Religare ProStocks
Find more info about broker
Enquire about Religare Enquire about ProStocks
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.



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