The side-by-side comparison of SBI Securities and Groww Demat Account. Compare SBI Securities Vs Groww Demat account charges, AMC and Fees. Read Groww and SBI Securities demat account review.
Find out SBI Securities Vs Groww which is better demat account and SBI Securities Vs Groww which is best demat account.
Our SBICAP Securities Ltd demat account comparison with Nextbillion Technology pvt ltd highlights the major differences between two brokers. Find the best demat between SBI Securities and Groww.
SBI Securities | Groww | |
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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. |
Groww is a fast-growing online stock broker and mutual fund investment company. It offers services to invest in Equity, IPO, and Direct Mutual Funds. Groww started offering demat account services in 2020. It is a member of the CDSL depository. Groww is an online discount broker. It charges a flat ?20 per trade brokerage fee. Groww demat account charges include Account Opening fee of ?0 (Free), AMC of ?0 (free) and Debit Transaction Charge of ?13.50 per script. |
DP ID | 12047200 | 88700 |
Contact Info | Marathon Futurex, 12th Floor, |
Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034 |
Services Offered | Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services, E-Broking and Currency Derivatives |
Equity, IPO, and Direct Mutual Funds |
Demat Account Enquiry | Contact SBI Securities |
SBI Securities | Groww | |
---|---|---|
Demat Account Opening Fee | Nil |
₹0 (Free) |
Demat Account AMC |
|
₹0 (Free) |
Advance Deposit | Nil |
₹0 |
SBI Securities | Groww | |
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Dematerialisation Charges | Rs 5 per cert + Rs 35 courier charges per request |
₹150 per certificate + courier charges |
Rematerialisation Charges | Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity |
₹150 per certificate + courier charges |
Transaction Charges (Credit or Buy) | ||
Transaction Charges (Debit or Sell) |
|
₹8 + ₹5.50 (CDSL Charges) per ISIN |
Pledge Creation Charges |
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₹20 + ₹12 per request (CDSL Charges) |
Pledge Creation Confirmation Charges |
|
|
Pledge Invocation Charges |
|
₹20 |
Failed Instruction Charges | Rs 10 per failed instruction. |
₹50 per ISIN |
Other Charges | KYC Modification: ₹50 |
SBI Securities | Groww | |
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Contact Broker |
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