Chittorgarh.com
Free Trading + Demat Account

SBI Securities Vs ProStocks Demat Account Comparison

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

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

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

SBI Securities Vs ProStocks

  SBICAP Securities Ltd ProStocks
SBICAP Securities Ltd Logo ProStocks 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.

ProStocks (a Sunlight Broking LLP venture) is among the fastest  growing online stock broking company in India. ProStocks offers ultra low cost brokerage and depository services also known as discount brokerage services.

ProStocks is popular broker for Rs 15 Flat Per Trade Plan, Rs 899 Unlimited Plan (Equity and Derivatives) and Rs 499 Unlimited Plan (Currency Derivatives). ProStocks is SEBI registered stock broker and member of BSE, NSE, CDLS.

Zero AMC Demat Account (with one time Rs 1000 refundable deposit) with the Zero Demat Account Opening Fee makes ProStocks Demat Account the cheapest Demat Account in India.

DP ID 12047200 12083200
Contact Info

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

Sunlight Broking LLP,
B-53, Pravasi Industrial Estate,
Goregaon (East), Mumbai - 400063

Services Offered

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

  • Delivery Trading - Equity
  • Intraday Trading - Equity
  • Futures Trading - Equity, Currency, Commodity
  • Options Trading - Equity, Currency
  • Depository Services (Demat Account)
Demat Account Enquiry Open Demat Account Online Open Demat Account Online

SBI Securities Vs ProStocks Demat Account Opening Charges

  SBICAP Securities Ltd ProStocks
Demat Account Opening Fee

Nil

Nil

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

Nil

Advance Deposit

Nil

Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit

SBI Securities Vs ProStocks Demat Charges

  SBICAP Securities Ltd ProStocks
Dematerialisation Charges

Rs 5 per cert + Rs 35 courier charges per request

Rs 50 per set up + Rs 50 courier charges

Rematerialisation Charges

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

Rs 50 per set up + Rs 50 courier charges

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 8 + Rs 5.50 (CDSL charges) per ISIN

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 set up

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 50 per set up

Failed Instruction Charges

Rs 10 per failed instruction.

Failed transactions Rs 50 per ISIN

Other Charges

Contact DP / Request A Call Back

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