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Religare Vs Sanghavi Brothers Demat Account Comparison

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

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

Our Religare demat account comparison with Sanghavi Brothers Brokerage Limited highlights the major differences between two brokers. Find the best demat between Religare and Sanghavi Brothers.

Religare Vs Sanghavi Brothers

  Religare Sanghavi Brothers Brokerage 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 12034900
Contact Info

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

Vasta-B, 1St Floor 90 Ft Road, Pant Nagar Ghatkopar (East) Mumbai Maharashtra India-400075

Services Offered

All type of Services of Depository Participant

EQUITY TRADING, FUTURE & OPTION, COMMODITY TRADING, DEPOSITORY SERVICES,IPO, MUTUAL FUND

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Religare Vs Sanghavi Brothers Demat Account Opening Charges

  Religare Sanghavi Brothers Brokerage 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

Rs 300 P.A. IN CASE OF INDIVIDUALS, HUFS & TRUSTS AND Rs 800 P.A. FOR CORPORATES

Advance Deposit

Rs 500

Nil

Religare Vs Sanghavi Brothers Demat Charges

  Religare Sanghavi Brothers Brokerage Limited
Dematerialisation Charges

Rs 2 per certificate + Rs 30 Courier Charges

Rs 70 per REQUEST(UPTO 5 CERTIFICATES) AND Rs 2 PER CERTIFICATES IN EXCESS OF 5 CERTIFICATES

Rematerialisation Charges

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

Rs 40 PER REQUEST (UPTO 5 CERTIFICATES)AND Rs 2 PER CERTIFICATES IN EXCESS OF 5 CERTIFICATES

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 12

Pledge Creation Charges

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

Rs 15 PER ISIN

Pledge Creation Confirmation Charges

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

Rs 15 PER ISIN

Pledge Invocation Charges

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

Nil

Failed Instruction Charges

Nil

Nil

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

Rs 510 FOR FRANKING OF POA

Contact DP / Request A Call Back

  Religare Sanghavi Brothers Brokerage Limited
Contact broker for Demat Account related enquires:
  Religare Sanghavi Brothers Brokerage Limited
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Enquire about Religare Enquire about Sanghavi Brothers
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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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