SBI Securities Vs Sykes Ray 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.

Sykes & Ray Equities (I) Ltd. is also a member of BSE & NSE and serving retail clients in Capital Market since last 25 years.

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

3Rd Flr, Plot 24/26, Cama Building, Dalal Street Bse, Fort Mumbai Maharashtra India-400001

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

Financial Planning, Broking, Research, Online Internet Trading, DP Services

Nil

Actual cost of stamp paper and charges of K.R.A.

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

Rs 295 p.a. for individual. Plus actual CDSL charge for Corporate a/

C.

Nil

Nil

Rs 5 per cert + Rs 35 courier charges per request

Rs 50 plus Rs 50 upto 10 certificate and thenafter Rs 5 per certificate.

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

0.02% of value, Minimum Rs 40 per certificate. Plus actual CDSL charge for remat confirmation.

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

(a) 0.04%of value of OnMkt or Early Payin transaction (Minimum Rs 24 ) executed under PoA to SREIL (broker)and (b) 0.05% of value of trx. or Min. Rs 48 for any other debit transaction executed on DIS.

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

0.02% Minimum Rs 50 per pledge trx.

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

0.02% Minimum Rs 50

Rs 10 per failed instruction.

Nil