Chittorgarh.com
Free Trading + Demat Account

SBI Securities Vs Fyers Demat Account Comparison

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

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

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

SBI Securities Vs Fyers

  SBICAP Securities Ltd Fyers Securities Ltd
SBICAP Securities Ltd Logo Fyers Securities 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.

DP ID 12047200
Contact Info

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

IL&FS Securities Services Ltd, IL&FS House, Plot No. 14, Raheja Vihar, Chandivili, Andheri (E), Mumbai 400072
Services Offered

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

Demat Account
Demat Account Enquiry Open Demat Account Online Open Demat Account Online

SBI Securities Vs Fyers Demat Account Opening Charges

  SBICAP Securities Ltd Fyers Securities Ltd
Demat Account Opening Fee

Nil

-
Demat Account AMC
  1. Individual Account: Rs 750 (Rs 500 for e-statement)
Rs 400 Per Year (Payable upfront every year)
Advance Deposit

Nil

Rs 0

SBI Securities Vs Fyers Demat Charges

  SBICAP Securities Ltd Fyers Securities Ltd
Dematerialisation Charges

Rs 5 per cert + Rs 35 courier charges per request

Rs 2 per certificate
Rematerialisation Charges

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

Rs 25
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
Rs 20 + Rs 5.50 flat for every debit transaction
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
0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
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
0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually
Failed Instruction Charges

Rs 10 per failed instruction.

Rs 30 per transaction
Other Charges Adhoc / Non Periodic Statement Requests: Rs 25 per request (up to 10 pages). Additional page at Rs 5 + Rs 35 (Couier Charges)

Contact DP / Request A Call Back

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



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App