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SBI Securities Vs Mansukh Demat Account Comparison

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

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

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

SBI Securities Vs Mansukh

  SBI Securities Mansukh
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.

A leading broker and leading Depository Participant of India.

DP ID 12047200 12016400
Contact Info

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

Mansukh House Plot No.6, Opp. Mother Diary Pandav Nagar, New Delhi Delhi India-110092

Services Offered

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

Member- Bombay Stock Exchange Depository Participant- CDSL

Demat Account Enquiry Request Callback Request Callback

SBI Securities Vs Mansukh Demat Account Opening Charges

  SBI Securities Mansukh
Demat Account Opening Fee

Nil

Nil

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

Rs 200 Annual OR one time Rs 1500 as refundable security deposit in lieu of AMC OR one time non refundable payment of Rs 999 in lieu of AMC

Advance Deposit

Nil

Nil

SBI Securities Vs Mansukh Demat Charges

  SBI Securities Mansukh
Dematerialisation Charges

Rs 5 per cert + Rs 35 courier charges per request

Rs 3 per certificate Couriier Charges Rs 25 Per scrip

Rematerialisation Charges

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

Rs 20 per request Rs 15 request if client opt for refundable security and one time amc plan Couriier Charges Rs 25 Per scrip

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

0.02% of Transaction value subject to minimum Rs 12 & maximum Rs 20 Rs 15 per transaction if client opt for non refundable one time charges of Rs 999 scheme

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

Rs 50 per request (Rs 35 in case of client opted for security deposit scheme or one time charges scheme)

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

Rs 25 per request

Failed Instruction Charges

Rs 10 per failed instruction.

Nil

Other Charges

1.BO details modification charges Rs 20

2. Rs 50 kyc registration charges

3. instruction book charrges Rs 10 for 10 leaves booklet.

4. additional statement Rs 10 per page +25 postage charges.

Contact DP / Request A Call Back

  SBI Securities Mansukh
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  SBI Securities Mansukh
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