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SBI Securities Vs RMoney Demat Account Comparison

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

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

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

SBI Securities Vs RMoney

  SBICAP Securities Ltd Raghunandan Capital Pvt Ltd
SBICAP Securities Ltd Logo Raghunandan Capital Pvt 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.

Incorporated in 2004, Raghunandan Money (RMoney) is a leading brokerage house in India. Agra based RMoney offers a wide range of financial services. This includes trading at BSE, NSE, MCX and NCDEX, investment in Mutual Funds, Corporate FD's, Life Insurance, General Insurance, Wealth Management and PAN Card related services. RMoney offers online discount brokerage plans as well as traditional full-service brokerage plans to its customers.

RMoney offers Depository services through its membership with CDSL. RMoney offers Lifetime free AMC Demat Account for no additional fee.

DP ID 12047200 12069700
Contact Info

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

Udaygiri Bhaskar Lane, Jayendra Ganj, Gwalior - 474009
Services Offered

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

Online Trading (Stock, Commodity and Currency), Depository Services, Online Investments, Online Insurance, Advisory and PAN Card Service.
Demat Account Enquiry Open Demat Account Online

SBI Securities Vs RMoney Demat Account Opening Charges

  SBICAP Securities Ltd Raghunandan Capital Pvt Ltd
Demat Account Opening Fee

Nil

₹0 (Free)
Demat Account AMC
  1. Individual Account: Rs 750 (Rs 500 for e-statement)
₹0 per year for lifetime
Advance Deposit

Nil

₹0

SBI Securities Vs RMoney Demat Charges

  SBICAP Securities Ltd Raghunandan Capital Pvt Ltd
Dematerialisation Charges

Rs 5 per cert + Rs 35 courier charges per request

₹20 per DRF + ₹3 per certificate
Rematerialisation Charges

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

₹20 per every 100 securities
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
₹12 for every debit transaction
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
₹25 + ₹12 per request (CDSL Charges)
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
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
₹25 + ₹12 per request (CDSL Charges)
Failed Instruction Charges

Rs 10 per failed instruction.

₹20 per intimation per instruction
Other Charges Modification in CML: ₹20 per request
KRA Upload / Download: ₹20 per request

Contact DP / Request A Call Back

  SBICAP Securities Ltd Raghunandan Capital Pvt Ltd
Contact broker for Demat Account related enquires:
  SBICAP Securities Ltd Raghunandan Capital Pvt Ltd
Find more info about broker
Enquire about SBI Securities
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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.



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