Chittorgarh.com Logo
FREE Account Opening + No Clearing Fees + Rs 999 API Access
Loading...

SBI Securities Vs Choice Broking Demat Account Comparison

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

Find out SBI Securities Vs Choice Broking which is better demat account and SBI Securities Vs Choice Broking which is best demat account.

Our SBICAP Securities Ltd demat account comparison with Choice Equity Broking Private Limited highlights the major differences between two brokers. Find the best demat between SBI Securities and Choice Broking.

SBI Securities Vs Choice Broking

  SBI Securities Choice Broking
SBICAP Securities Ltd Logo Choice Equity Broking Private Limited 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.

Choice Equity Broking Private Limited popularly known as Choice Broking, is a full-service broker providing a wide range of services to its customers. Choice Broking is a subsidiary of publicly listed Choice International Ltd. with a pan India presence for Stock and Commodities Broking, Loan syndication, Insurance, Mutual Fund, etc. The company offers free trading and Demat account opening to its customers.

DP ID 12047200 12066900, IN301895
Contact Info

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

Chakarawarti Ashok Co Ophsg Cts No156,157,158, J.B.Nagar Off Sahar Road, Andheri (E) Mumbai Maharashtra India-400099

Services Offered

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

NSE- Cash, FNO and CD segment BSE- Cash and Derivative. MCX-SX- Currency Derv. USE - Currency Derv. Group Company Member - MCX, NCDEX, ICEX

Find more info about broker
Enquire SBI SecuritiesEnquire Choice Broking

SBI Securities Vs Choice Broking Demat Account Opening Charges

  SBI Securities Choice Broking
Demat Account Opening Fee

Nil

Nil

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

Choice Broking offers Standard and special plans to individual customers to opt for.

  1. Basic Standard Plan: ₹200
  2. Special Plan:
    1. Lifetime AMC Free Plan (One Time - Non-refundable) :₹1,500
    2. Lifetime AMC Free Plan (One Time - Refundable deposit) :₹,3000

Note:

  1. First year AMC is free.
  2. In case of no scheme chosen at the end of first year, default standard plan will be applied.
  3. In case of Corporates, AMC of ₹1,000 applied from first year.
Advance Deposit

Nil

Nil

Enquire SBI SecuritiesEnquire Choice Broking

SBI Securities Vs Choice Broking Demat Charges

  SBI Securities Choice Broking
Dematerialisation Charges

Rs 5 per cert + Rs 35 courier charges per request

₹25 per certificate

Rematerialisation Charges

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

₹25 per 100 Securities or 0.04% whichever is higher

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

₹10per transaction + GST

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

₹50 or 0.02% whichever is higher + GST

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
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

₹100 or 0.05% whichever is higher + GST

Failed Instruction Charges

Rs 10 per failed instruction.

₹10 per instruction + GST

Other Charges

Additional request for every DIS Booklet: ₹100.

Expand

Contact Broker / Request A Call Back

  SBI Securities Enquire Choice Broking Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Leave your contact information and we will get in touch with you....

Comments

Add a public comment...

Compare SBI Securities Compare Choice Broking