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Sharekhan Vs Progressive Demat Account Comparison

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

Find out Sharekhan Vs Progressive which is better demat account and Sharekhan Vs Progressive which is best demat account.

Our Sharekhan demat account comparison with Progressive Share Brokers Private Limited highlights the major differences between two brokers. Find the best demat between Sharekhan and Progressive.

Sharekhan Vs Progressive

  Sharekhan Progressive
Sharekhan 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.

DP ID 12036000 12033900
Contact Info

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

122-123-124 Laxmi Plaza Laxmi Industrial Estate New Link Road, Andheri West Mumbai Maharashtra India-400053

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

Demat Account Enquiry Request Callback Request Callback

Sharekhan Vs Progressive Demat Account Opening Charges

  Sharekhan Progressive
Demat Account Opening Fee

Actual Stamp Paper Charges

Nil

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) Rs 250 Annually

2. Rs 1000 Non-Refundable one time charges.

3. Rs 2000 Refundable Deposit Lock in period 1 year.

Advance Deposit

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

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

Nil

Sharekhan Vs Progressive Demat Charges

  Sharekhan Progressive
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 )

Rs 10 per certificates plus Rs 50 for postage.

Rematerialisation Charges

Rs 50 per certificate or Rs 50 for every hundred securities

Rs .15 Per Certificate or Rs 15 for every 100 securities or 0.03% of securities value whichever is higher

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)

0.03% subject to Minimum Rs 15 per ISIN (for non poa client ) & (for poa client other than progressive pay-in) BSDA client 0.03% subject to minimum Rs 50 per isin Flat Rs 10 per ISIN ( Only Poa client for pay-in with in progressive)

Pledge Creation Charges

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

Rs 25 per Instruction or 0.3% whichever is higher

Pledge Creation Confirmation Charges

Nil

Rs 25 per Instruction or 0.3% whichever is higher

Pledge Invocation Charges

Nil

Rs 25 per Instruction or 0.3% whichever is higher

Failed Instruction Charges

Nil

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

BSDA Client Account Maintenance Holding value 200000= Rs 250

Contact DP / Request A Call Back

  Sharekhan Progressive
Contact Broker
  Sharekhan Progressive
Find more info about broker
Enquire Sharekhan Enquire Progressive
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Progressive Vs L. F. C. Securities
Progressive Vs Latin Manharlal
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Progressive Vs Manashvi Securities
Progressive Vs Mangal Keshav
Progressive Vs Mansi Share
Progressive Vs Mansukh
Progressive Vs Manubhai Mangaldas
Progressive Vs Marfatia Broking
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Progressive Vs Modex International
Progressive Vs Pace
Progressive Vs Paterson Securities
Progressive Vs Peerless Securities
Progressive Vs Phillipcapital
Progressive Vs Prabhudas Lilladher
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Progressive Vs Rikhav Securities
Progressive Vs Rudra Shares
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Progressive Vs Shah Investors Home
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