RKSV Vs SMC Global Demat Account Comparison

RKSV is among the leading online stock brokers in India offering low cost discount stock, current derivatives & commodity broking services at BSE, NSE and MCX. RKSV offering its retail broking services since Jan 2012. RKSV has developed an in-house trading platform UpStox.

SMC is a leading financial service provider in India offering services across brokerage, investment banking, wealth management, financing, depository services, insurance broking, clearing services, mortgage advisory and real estate advisory to corporate, institutional, high net worth individuals and other retail clients.

SMC India has customer base of over 16 lakhs customers and 50 branches & 2400+ registered sub brokers and authorized persons spread across 500+ cities.

Sunshine Tower, 30 Floor,
Senapati Bapat Marg, Dadar (West),
Mumbai, Maharashtra, India 400013

17, Netaji Subhash Marg,
Opp. Golcha Cinema, Daryaganj,
New Delhi, Delhi, India 110002

Stock Broking and Depository Participants (DP) Services though its memberships with the NSE, BSE, MCX and CDSL.

Broking (Equity, Commodity & Currency Derivatives) at BSE, NSE and MCX, Mutual Funds & IPO, NBFC, Online Trading, Wealth Management, Investment Banking, Insurance, Real Estate, Research, Depository Participant CDSL & NSDL

Rs 150

Nil.

Rs 150

• Individual Client
  • General AMC Scheme: Rs 300 P.A. (POA Clients), Rs 350 P.A. (Non POA Clients)
  • Onetime Yearly AMC Scheme: Rs 1000 P.A.(POA Clients), Rs 1300 P.A. (Non POA Clients)
  • No AMC Scheme: Rs 3000 Refundable Deposit
• Corporate Clients: Rs 1000 P.A.

Nil

Rs 2 per certificate plus courier charges of Rs 35 per demat request

Rs 5 Per Certificate (Rs 30 for 1st Certificate) Courier Charges Extra (Rs 25 for Local & Rs 40 for outstation courier)

Rs 25 per certificate or 0.05% of the value whichever is higher.

Rs 25 (For one certificate/100 shares) Courier Charges Extra(Rs 25 for Local & Rs 40 for outstation courier)

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

• On Maket Transaction: Rs 15 (POA Clients), Rs 20 (Non POA clients)
• Off Market Instruction: 0.03% (subject to Min. Rs 20 & Max. Rs 50 Charges Per instruction)

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

Rs 60

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

Rs 60

0.05% of the transaction charges subject to a minimum of Rs 50

Rs 30

Rs 50 per transaction

Rs 20 per instruction

1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
2. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges.
3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

• AMC charged yearly in advance.
• DIS Book Charges: Rs 30 (20 leafs)
• Client Modification Charges: Rs 25
• Security deposit for CDSL 'easiest' facility (optional) is Rs 2,500