Religare Vs SBI Securities Demat Account Comparison

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.

SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd which is one of the oldest players in the Indian Capital Market and has a dominant position in the Indian primary capital markets. SBI Capital Markets Ltd. commenced broking activities in March 2001 to fulfill the secondary market needs of Financial Institutions, FIIs, Mutual Funds, Banks, Corporates, High Network Industry, Non-residential Investors and Retail domestic investors. SBICAP Securities Ltd. (SSL) is a company, which has been formed to take over the broking operations of SBI Capital Markets Ltd. SSL commenced operations in the first quarter of financial year of 2006-2007.

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

Marathon Futurex, 12th Floor,
A & B Wing N. M. Joshi Marg, Lower Parel,
Mumbai Maharashtra India - 400013

All type of Services of Depository Participant

Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services, E-Broking and Currency Derivatives

NIL

Nil

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

1. Individual Account: Rs 750 (Rs 500 for e-statement)

Rs 500

Nil

Rs 2 per certificate + Rs 30 Courier Charges

Rs 5 per cert + Rs 35 courier charges per request

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

Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity

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

1. Through POA - 0.01% of the transaction value (Minimum of Rs 21 and Maximum of Rs 300) per ISIN
2. Through DIS - 0.04% of the transaction value (Minimum of Rs 30) per ISIN

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

1. If SSL / SBI is the counter party: 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges
2. If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges

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

1. If SSL / SBI is the counter party: 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges
2. If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges

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

1. If SSL / SBI is the counter party: 0.02% of Value or Min Rs 25 whichever is higher + CDSL charges
2. If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of Rs 50 per ISIN instruction + CDSL Charges

Nil

Rs 10 per failed instruction.

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