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Religare Vs Sykes Ray Demat Account Comparison

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

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

Our Religare demat account comparison with Sykes & Ray Equities (India) Limited highlights the major differences between two brokers. Find the best demat between Religare and Sykes Ray.

Religare Vs Sykes Ray

  Religare Sykes & Ray Equities (India) 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.

Sykes & Ray Equities (I) Ltd. is also a member of BSE & NSE and serving retail clients in Capital Market since last 25 years.

DP ID 12030200 12018600
Contact Info

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

3Rd Flr, Plot 24/26, Cama Building, Dalal Street Bse, Fort Mumbai Maharashtra India-400001

Services Offered

All type of Services of Depository Participant

Financial Planning, Broking, Research, Online Internet Trading, DP Services

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Religare Vs Sykes Ray Demat Account Opening Charges

  Religare Sykes & Ray Equities (India) Limited
Demat Account Opening Fee

NIL

Actual cost of stamp paper and charges of K.R.A.

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

Rs 295 p.a. for individual. Plus actual CDSL charge for Corporate a/

C.

Advance Deposit

Rs 500

Nil

Religare Vs Sykes Ray Demat Charges

  Religare Sykes & Ray Equities (India) Limited
Dematerialisation Charges

Rs 2 per certificate + Rs 30 Courier Charges

Rs 50 plus Rs 50 upto 10 certificate and thenafter Rs 5 per certificate.

Rematerialisation Charges

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

0.02% of value, Minimum Rs 40 per certificate. Plus actual CDSL charge for remat confirmation.

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

(a) 0.04%of value of OnMkt or Early Payin transaction (Minimum Rs 24 ) executed under PoA to SREIL (broker)and (b) 0.05% of value of trx. or Min. Rs 48 for any other debit transaction executed on DIS.

Pledge Creation Charges

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

0.02% Minimum Rs 50 per pledge trx.

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

0.02% Minimum Rs 50

Failed Instruction Charges

Nil

Nil

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 Sykes & Ray Equities (India) Limited
Contact broker for Demat Account related enquires:
  Religare Sykes & Ray Equities (India) Limited
Find more info about broker
Enquire about Religare Enquire about Sykes Ray
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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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