SBI Securities Vs Indira Securities Demat Account Comparison

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.

BROKING & DEPOSITORY

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

204, Amar Darshan Building, 3 Flr, 28/2, Old Palasia, Anand Bazar Road, Indore Madhya Pradesh India-452018

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

Nil

NIL

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

Rs 400 FOR INDIVIDUAL & Rs 1200 FOR CORPORATS AND NEGOTIABLE.

Nil

NIL

Rs 5 per cert + Rs 35 courier charges per request

Rs 5 PER CERTIFICATE + Rs 35 COURIER CHARGE FOR PER DRN.

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

Rs 50 PER RRN.

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 OR 0.020% OR NEGOTIABLE

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

Rs 50 PER PSN.

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

NIL

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

Rs 50 OR 0.02% WHICHEVER IS HIGHER

Rs 10 per failed instruction.

25 PER INSTRUCTION

BOOK CHARGE 20 AND POA CHARGES Rs 130