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SBI Securities Vs Alice Blue Demat Account Comparison

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

Find out SBI Securities Vs Alice Blue which is better demat account and SBI Securities Vs Alice Blue which is best demat account.

Our SBICAP Securities Ltd demat account comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best demat between SBI Securities and Alice Blue.

SBI Securities Vs Alice Blue

  SBICAP Securities Ltd Alice Blue Financial Services
SBICAP Securities Ltd Logo Alice Blue Financial Services 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.

Alice Blue is a Bangalore based discount stock broker. AliceBlue offers to trade at BSE, NSE, and MCX. Alice Blue also offers depository services (demat account). They are depository participant with CDSL. Alice Blue offer Lifetime free AMC demat account for all the customers. They don't charge any extra deposit or one time fees for this Zero AMC Demat Account.

Alice Blue is famous for its F20 trading plan, a flat rate brokerage fee plan. Equity delivery trading is absolutely free of brokerage charges in this plan. The brokerage for all other segments is flat Rs 20 per executed or 0.01% whichever is less.

ANT (Analysis and Trade) is the flagship trading platform offered by Alice Blue. ANT Platform offers free trading software to all its customers. The software includes install-able trading terminal, web-browser based trading website and mobile trading app. This trading platform uses the latest internet technology. It offers the best trading experience among the top share brokers in India.

DP ID 12047200 12085300
Contact Info

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

No. 153/2, 3rd Floor,
M.R.B.Arcade, Bagalur Main Road,
Dwaraka Nagar, Yelahanka,
Bangalore - 560063

Services Offered

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

  • Online Trading
    • Equity Trading at BSE, NSE
    • Commodities Trading at MCX and NCDEX
    • Currency Trading at BSE
  • Depository Services (Demat Account)
Demat Account Enquiry Open Demat Account Online

SBI Securities Vs Alice Blue Demat Account Opening Charges

  SBICAP Securities Ltd Alice Blue Financial Services
Demat Account Opening Fee

Nil

₹0

Demat Account AMC
  1. Individual Account: Rs 750 (Rs 500 for e-statement)

₹0 (Free)

Advance Deposit

Nil

₹0

SBI Securities Vs Alice Blue Demat Charges

  SBICAP Securities Ltd Alice Blue Financial Services
Dematerialisation Charges

Rs 5 per cert + Rs 35 courier charges per request

₹10 per certificate + ₹50 per request

Rematerialisation Charges

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

₹30 per request + CDSL Fee + ₹10 per 100 securities

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

0.04% of the value of the transaction (minimum ₹20)

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

0.04% of the value of the transaction (minimum ₹40)

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

₹0

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

0.04% of the value of the transaction (minimum ₹40)

Failed Instruction Charges

Rs 10 per failed instruction.

Other Charges
  • Power of Attorney (PoA): ₹150
  • Courier Charges: ₹100 per request
  • Additional DIS Booklet: ₹100 per booklet

Contact DP / Request A Call Back

  SBICAP Securities Ltd Alice Blue Financial Services
Contact broker for Demat Account related enquires:
  SBICAP Securities Ltd Alice Blue Financial Services
Find more info about broker
Enquire about SBI Securities
Compare More Demat Accounts

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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