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Sharekhan Vs Aditya Birla Money Demat Account Comparison

The side-by-side comparison of Sharekhan and Aditya Birla Money Demat Account. Compare Sharekhan Vs Aditya Birla Money Demat account charges, AMC and Fees. Read Aditya Birla Money and Sharekhan demat account review.

Find out Sharekhan Vs Aditya Birla Money which is better demat account and Sharekhan Vs Aditya Birla Money which is best demat account.

Our Sharekhan demat account comparison with Aditya Birla Money Ltd highlights the major differences between two brokers. Find the best demat between Sharekhan and Aditya Birla Money.

Sharekhan Vs Aditya Birla Money

  Sharekhan Aditya Birla Money Ltd
Sharekhan Logo Aditya Birla Money Ltd Logo
About the Broker

Sharekhan is leading stock broker and financial product distributor in India. With wide network of branches, sub-brokers and franchise, Sharekhan is among the top 3 largest stock broker in India by number of customers.

Aditay Birla Money Ltd (formerly known as Apollo Sindhoori Capital Investments) deals into equity and derivatives market through BSE and NSE. Company also provides commodity trading on MCX and NCDEX through its subsidiary company, Aditya Birla Commodities Broking Ltd. Aditya Birla Money has its own DP service and registered as a DP with NSDL and CDSL.

DP ID 12036000 12037600
Contact Info

Lodha, I - Think,Techno Campus 10Th Flr,
Beta Bldg, Off Jvlr Kanjurmarg (East),
Mumbai, Maharashtra India 400042

Ali Centre, No 53,
Greams Road, Chennai,
Tamil Nadu India - 600006

Services Offered

Demat Account Services:

Account opening demat, remat, repurchase, redemption account transfer instructions, client master changes freezing, de-freezing, account closing transmission, pledge creation, closure, invocation, stock lending & borrowing easi & easiest

Depository Services

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Sharekhan Vs Aditya Birla Money Demat Account Opening Charges

  Sharekhan Aditya Birla Money Ltd
Demat Account Opening Fee

Actual Stamp Paper Charges

Rs 750
Demat Account AMC

Scheme A: Rs 400,
Scheme B: Rs 500,
Scheme C: Rs 350,
Scheme D: Nil,
Scheme E: Rs 100,
Scheme F: Rs 500,
Scheme H: Rs 1000,
Scheme G: Nil(holding Value <= Rs 50000) or 100(holding Value from Rs 50001 to Rs 200000)or 400(holding Value >Rs 200000)

Scheme A, C, E & H: Free for the 1st Year.

  1. Normal Scheme: Rs 450 p.a. for Individuals and for Corporates Rs 1000 p.a.
  2. Basic Service Demat Account (BSDA) Account: Nil for holding below Rs 50,000, Holding from Rs 50,001 to Rs 200,000 AMC of Rs 100 p.a., Holding above Rs 200,000 will be charge as applicable to Normal Demat Account.
  3. Lifetime AMC Scheme (Rs 1500 one time): Nil
Advance Deposit

Rs. 500 Advance which will be adjusted against billing (Optional)

Tariff D - Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)

Rs 1500 (Lifetime AMC Scheme)

Sharekhan Vs Aditya Birla Money Demat Charges

  Sharekhan Aditya Birla Money Ltd
Dematerialisation Charges

Rs 5 per certificate (Min Rs 50 per request for Tariff A,B,C,D,E,F & H) (Min Rs 100 per request for Tariff G )

  1. Normal Scheme: Rs 5 per certificate plus Rs 50 courier charges.
  2. BSDA Account: Rs 25 per certificate plus Rs 50 courier charges.
Rematerialisation Charges

Rs 50 per certificate or Rs 50 for every hundred securities

  1. Normal Scheme: A flat fee of Rs 15 per certificate or Rs 15 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.
  2. BSDA Account: A flat fee of Rs 25 per certificate or Rs 25 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.
Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  1. Scheme A & B: Sales through Sharekhan: Rs 0 Else 0.03% of value of tran(min Rs 30),
  2. Scheme C & D: Sales through Sharekhan Rs 6 Per tran Else 0.03% of value of tran(min Rs 30),
  3. Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min Rs
  4. 29,H:min Rs 30) Else 0.03% of value of tran(min Rs 49),
  5. Scheme F: 0.03% of value of tran(min Rs 30),
  6. Scheme G: 0.03% of value of tran(min Rs 49)

Market Transactions within Aditya Birla Money POW (Both Market / Off Market):

  1. Normal Scheme: Rs 30 per ISIN
  2. Lifetime AMC Scheme: Rs 20 per ISIN
  3. BSDA Account: Rs 75 per ISIN (Market /Off Market)

For External Broker:

  1. Normal Scheme: Rs 30 or 0.03% on value of securities whichever is higher
  2. Lifetime AMC Scheme: Rs 30 or 0.03% on value of securities whichever is higher
  3. BSDA Account: Minimum Rs 75 per ISIN or 0.05% on value of securities whichever is higher.
Pledge Creation Charges

0.03 % of the value of the Transaction (Min Rs 100 per transaction)

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Pledge Creation Confirmation Charges

Nil

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Pledge Invocation Charges

Nil

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Failed Instruction Charges

Nil

Other Charges
  1. Freeze /De-freeze - Rs 25 per request
  2. Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum Rs 100)
  3. Client Master changes Rs 30 per request for Tariff G

Rs 50 for re-issuance of DIS Booklet.

Contact DP / Request A Call Back

  Sharekhan Aditya Birla Money Ltd
Contact broker for Demat Account related enquires:
  Sharekhan Aditya Birla Money Ltd
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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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