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Religare Vs Vedika Vanijya Demat Account Comparison

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

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

Our Religare demat account comparison with Vedika Vanijya Private Limited highlights the major differences between two brokers. Find the best demat between Religare and Vedika Vanijya.

Religare Vs Vedika Vanijya

  Religare Vedika Vanijya 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 12022800
Contact Info

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

Vishaka 2B, Shambhunath Pandit Street Kolkata West Bengal India-700020

Services Offered

All type of Services of Depository Participant

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Religare Vs Vedika Vanijya Demat Account Opening Charges

  Religare Vedika Vanijya Private Limited
Demat Account Opening Fee

NIL

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

First Year: Individual POA - Rs 535 Indv. Non POA - Rs 660 Non Individual POA - Rs 1,035 Non-Individual Non POA - Rs1,155 Subsequent Years: Individual POA-Rs 360 Individual Non POA-Rs 480 Non-Individual POA - Rs 860 Non-Individual Non POA - Rs 980

Advance Deposit

Rs 500

Rs 1500 for NON POA and Rs 500 for POA

Religare Vs Vedika Vanijya Demat Charges

  Religare Vedika Vanijya Private Limited
Dematerialisation Charges

Rs 2 per certificate + Rs 30 Courier Charges

Rs 2 per scrip minimum Rs 100 for POA and NON POA. Rs 50 per rejection for POA and NON POA

Rematerialisation Charges

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

Rs 20 per 100 shares or part thereof minimum Rs 100

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

For mkt 0.03% of Value, Min Rs 12 and Max Rs 50 per ISIN (POA and NON POA) For off mkt Rs 12 within Vedika Rs 20 outside vedika per ISIN (POA) and Rs 15 within Vedika and Rs 20 outside Vedika per ISIN (NON POA)

Pledge Creation Charges

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

0.01% of value of shares, Rs 50 minimum and Rs 200 max for POA and NON POA

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

0.01% of value of shares, Rs 50 minimum and Rs 200 max for POA and NON POA

Failed Instruction Charges

Nil

Rs 12/ ISIN for POA and NON POA

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

Cheque return charges Rs 200

Contact DP / Request A Call Back

  Religare Vedika Vanijya Private Limited
Contact broker for Demat Account related enquires:
  Religare Vedika Vanijya Private Limited
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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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