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SBI Securities Vs Achiievers Equities Demat Account Comparison

The side-by-side comparison of SBI Securities and Achiievers Equities Demat Account. Compare SBI Securities Vs Achiievers Equities Demat account charges, AMC and Fees. Read Achiievers Equities and SBI Securities demat account review.

Find out SBI Securities Vs Achiievers Equities which is better demat account and SBI Securities Vs Achiievers Equities which is best demat account.

Our SBICAP Securities Ltd demat account comparison with Achiievers Equities Ltd highlights the major differences between two brokers. Find the best demat between SBI Securities and Achiievers Equities.

SBI Securities Vs Achiievers Equities

  SBICAP Securities Ltd Achiievers Equities Ltd
SBICAP Securities Ltd Logo Achiievers Equities Ltd Logo
About the Broker

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.

Achiievers Equities Ltd a full service brokerage house provides comprehensive advisory services to its clients under one umbrella, which would enable managing complete financial planning needs of all the clients

DP ID 12047200 12073100
Contact Info

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

32/A, Diamond Harbour Road,
Sakherbazar, Kolkata,
West Bengal, India 700008

Services Offered

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

Broking (Equities, Derivatives,Currency & Commodity) on the BSE, NSE, MCX and NSEL, Distribution of Mutual Funds and other personal investment products along with competitive DP Services through CDSL

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

SBI Securities Vs Achiievers Equities Demat Account Opening Charges

  SBICAP Securities Ltd Achiievers Equities Ltd
Demat Account Opening Fee

Nil

Nil

Demat Account AMC
  1. Individual Account: Rs 750 (Rs 500 for e-statement)
  • Individual (Regular): Rs 400 per year
  • Individual (BSDA): Nil
  • Non-Individual: Rs 900 per year
Advance Deposit

Nil

Lifetime Free AMC Scheme: Rs. 2499 one time fee

SBI Securities Vs Achiievers Equities Demat Charges

  SBICAP Securities Ltd Achiievers Equities Ltd
Dematerialisation Charges

Rs 5 per cert + Rs 35 courier charges per request

  • Individual (Regular): Rs 3.00 per certificate plus courier charges of Rs 40 per demat request for every 500 gms.
  • Individual (BSDA): Rs 10.00 per certificate plus courier charges of Rs 100
Rematerialisation Charges

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

  • Individual (Regular): Rs 25 per certificate or 0.05% of the value whichever is higher Plus CDSL charges.
  • Individual (BSDA): Rs 100 per certificate or 0.10% of the value whichever is higher Plus CDSL charges
Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  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
  • Individual (Regular): A flat debit transaction charges of Rs 12 + CDSL charges at actual.
  • Individual (BSDA): Rs 50 plus CDSL charges at actual.
Pledge Creation Charges
  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
  • Individual (Regular): 0.02% of the transaction charges (subject to a minimum of Rs 50) + NSDL / CDSL charges at actual.
  • Individual (BSDA): 0.05% of the transaction charges (subject to a minimum of Rs 100) + NSDL / CDSL charges at actuals
Pledge Creation Confirmation Charges
  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
  • Individual (Regular): 0.02% of the transaction charges (subject to a minimum of Rs 50) + NSDL / CDSL charges at actual.
  • Individual (BSDA): 0.05% of the transaction charges (subject to a minimum of Rs 100) + NSDL / CDSL charges at actuals
Pledge Invocation Charges
  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
  • Individual (Regular): 0.05% of the transaction charges subject to a minimum of Rs 50.
  • Individual (BSDA): 0.10% of the transaction charges subject to a minimum of Rs 100
Failed Instruction Charges

Rs 10 per failed instruction.

Rs 50 per transaction & for BSDA Rs 100 per transaction.

Other Charges
  • Adhoc / Non periodic statement requests: Rs 25 per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 5 PLUS courier charges.
  • For BSDA Adhoc / Non periodic statement requests: Rs 100 per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 20 PLUS courier charges

Contact DP / Request A Call Back

  SBICAP Securities Ltd Achiievers Equities Ltd
Contact broker for Demat Account related enquires:
  SBICAP Securities Ltd Achiievers Equities Ltd
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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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