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SBI Securities Vs Finvasia Demat Account Comparison

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

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

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

SBI Securities Vs Finvasia

  SBICAP Securities Ltd Finvasia Securities Pvt Ltd
SBICAP Securities Ltd Logo Finvasia Securities Pvt 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.

Finvasia is a Chandigarh, India based financial service provider. Finvasia caters to retail, institutional and foreign customers. Finvasia offers truly brokerage free trading. It absolutely doesn’t change any brokerage commission from customers to trade on BSE, NSE, and MCX. Customers can trade in any segment by just paying applicable taxes. Call & trade is also available for free of cost to the customers.

Finvasia is a depository participant with CDSL. They offer all kind of depository services to its customer at a very reasonable price.

They are an online broker. All services offered are online or over the phone. They do not have any branch offices, franchise or partner offices.

DP ID 12047200 84300
Contact Info

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

Plot # 10, Netsmartz House (Level 3).
Rajiv Gandhi Chd Tech Park.
Chandigarh. India 160101

Services Offered

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

Retail trading in equity, currency and commodity, depository (demat account), asset management, investment banking, advisory, and currency hedging.

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

SBI Securities Vs Finvasia Demat Account Opening Charges

  SBICAP Securities Ltd Finvasia Securities Pvt Ltd
Demat Account Opening Fee

Nil

₹0 (+ stamp charge of ₹199)

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

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

Advance Deposit

Nil

₹0

SBI Securities Vs Finvasia Demat Charges

  SBICAP Securities Ltd Finvasia Securities Pvt Ltd
Dematerialisation Charges

Rs 5 per cert + Rs 35 courier charges per request

₹15 + ₹99 Courier charges

Rematerialisation Charges

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

₹15 + ₹99 Courier 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

₹9 (including CDSL Fee)

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

₹25 + NSDL Charges

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

₹25 + NSDL Charges

Failed Instruction Charges

Rs 10 per failed instruction.

₹49 per transaction

Other Charges
  • Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
  • Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
  • Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
  • Check Bounce - ₹299
  • Failed Transaction - ₹49 per transcaction
  • Modification in Client Information - ₹19 per request
  • Demat Closure Account - Nil
  • Delay Payment Charges - 2% per month on T+2 days

Contact DP / Request A Call Back

  SBICAP Securities Ltd Finvasia Securities Pvt Ltd
Contact broker for Demat Account related enquires:
  SBICAP Securities Ltd Finvasia Securities Pvt Ltd
Find more info about broker
Enquire about SBI Securities Enquire about Finvasia
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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