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RKSV Vs Upstox Demat Account Comparison

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

Find out RKSV Vs Upstox which is better demat account and RKSV Vs Upstox which is best demat account.

Our RKSV Securities Ltd demat account comparison with Upstox highlights the major differences between two brokers. Find the best demat between RKSV and Upstox.

RKSV Vs Upstox

	RKSV Securities Ltd	Upstox


About the Broker	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.	Upstox (formally 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. Upstox offering its retail broking services since Jan 2012.
DP ID	12081800	12081800
Contact Info	Sunshine Tower, 30 Floor, Senapati Bapat Marg, Dadar (West), Mumbai, Maharashtra, India 400013	Sunshine Tower, 30 Floor, Senapati Bapat Marg, Dadar (West), Mumbai, Maharashtra, India 400013
Services Offered	Stock Broking and Depository Participants (DP) Services though its memberships with the NSE, BSE, MCX and CDSL.	Stock Broking and Depository Participants (DP) Services though its memberships with the NSE, BSE, MCX and CDSL.
Demat Account Enquiry	Open Demat Account Online	Open Demat Account Online

RKSV Vs Upstox Demat Account Opening Charges

	RKSV Securities Ltd	Upstox
Demat Account Opening Fee	Rs 150	Rs 150
Demat Account AMC	Rs 150	Rs 150
Advance Deposit	Nil	Nil

RKSV Vs Upstox Demat Charges

	RKSV Securities Ltd	Upstox
Dematerialisation Charges	Rs 2 per certificate plus courier charges of Rs 35 per demat request	Rs 2.00 per certificate plus courier charges of Rs 35 per demat request
Rematerialisation Charges	Rs 25 per certificate or 0.05% of the value whichever is higher.	Rs 25 per certificate or 0.05% of the value whichever is higher.
Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)	Rs 13 + Rs 5.50 (CDSL charges) per scrip.	Rs 13 + Rs 5.50 (CDSL charges) per scrip.
Pledge Creation Charges	0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.	0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.
Pledge Creation Confirmation Charges	0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.	0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.
Pledge Invocation Charges	0.05% of the transaction charges subject to a minimum of Rs 50	0.05% of the transaction charges subject to a minimum of Rs 50
Failed Instruction Charges	Rs 50 per transaction	Rs 50 per transaction
Other Charges	Demat Rejection Charges: Rs 35 per rejection for every 500 gms. 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. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.	Demat Rejection Charges: Rs 35 per rejection for every 500 gms. 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. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

Contact DP / Request A Call Back

	RKSV Securities Ltd	Upstox
Contact broker for Demat Account related enquires:	Name Phone # Email City Name State Are you a day trader?	Name Phone Number Email City Name State Are you a day trader?

	RKSV Securities Ltd	Upstox
Find more info about broker	RKSV Review FAQs Brokerage	Upstox Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO
	Enquire about RKSV	Enquire about Upstox
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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.