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SBI Securities Vs Mangal Keshav Demat Account Comparison

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

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

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

SBI Securities Vs Mangal Keshav

  SBI Securities Mangal Keshav
SBICAP 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 12024700
Contact Info

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

501 Heritage Plaza J.P. Road, Opp Indian Oil Colony, Andheri (W) Mumbai Maharashtra India-400053

Services Offered

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

ALL DP SERVICES

Demat Account Enquiry Request Callback Request Callback

SBI Securities Vs Mangal Keshav Demat Account Opening Charges

  SBI Securities Mangal Keshav
Demat Account Opening Fee

Nil

NIL

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

Scheme A: Rs 750 Individual Scheme B: Rs 199 Individual Scheme C: Rs 500 NRI Scheme D: Rs 199 Plus CDSL Charges

Advance Deposit

Nil

Deposit Scheme: Rs.1000/-, where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunde

D.

SBI Securities Vs Mangal Keshav Demat Charges

  SBI Securities Mangal Keshav
Dematerialisation Charges

Rs 5 per cert + Rs 35 courier charges per request

Rs 150 INCLUSIVE OF COURIER CHARGES + Rs 100 PER CERTIFICATE

Rematerialisation Charges

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

Upfront Rs 150 plus CDSL Charges INCLUSIVE OF COURIER CHARGES + Rs 100 PER CERTIFICATE

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

0.05% ON THE VALUE OF THE DEBIT TRANSACTION WITH MINIMUM Rs 100

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

CHARGES CHARGED BY THE DEPOSITORY + 0.02% ON THE VALUE OF THE APPLICATION

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

NIL

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

CHARGES CHARGED BY THE DEPOSITORY + 0.02% ON THE VALUE OF THE APPLICATION

Failed Instruction Charges

Rs 10 per failed instruction.

NIL

Other Charges

NIL

Contact DP / Request A Call Back

  SBI Securities Mangal Keshav
Contact Broker
  SBI Securities Mangal Keshav
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