SMC Global Vs Dhani Stocks Demat Account Comparison

SMC is a leading financial service provider in India offering services across brokerage, investment banking, wealth management, financing, depository services, insurance broking, clearing services, mortgage advisory and real estate advisory to corporate, institutional, high net worth individuals and other retail clients.

SMC India has customer base of over 16 lakhs customers and 50 branches & 2400+ registered sub brokers and authorized persons spread across 500+ cities.

Dhani Stocks Limited, part of Indiabulls Group that was earlier known as Indiabulls Ventures/Securities Limited, is a online discount broker offering trading services to its customers across Equity, Derivatives, Currency, and, Commodity. Dhani Stocks is the first brokerage house in India to be assigned the highest broker quality grading by CRISIL and has its stocks listed on NSE, BSE & Luxembourg stock exchange.

17, Netaji Subhash Marg,
Opp. Golcha Cinema, Daryaganj,
New Delhi, Delhi, India 110002

M-62 & 63, First Floor, Connaught Place, New Delhi - 110001

Broking (Equity, Commodity & Currency Derivatives) at BSE, NSE and MCX, Mutual Funds & IPO, NBFC, Online Trading, Wealth Management, Investment Banking, Insurance, Real Estate, Research, Depository Participant CDSL & NSDL

Trading and Depository Services. The depository services include account opening, Demat requests, Remat requests, redemption, account transfer instructions, client master changes freezing, de-freezing, account closure, pledge creation, confirmation, closure, invocation, etc.

Nil.

Nil

• Individual Client
  • General AMC Scheme: Rs 300 P.A. (POA Clients), Rs 350 P.A. (Non POA Clients)
  • Onetime Yearly AMC Scheme: Rs 1000 P.A.(POA Clients), Rs 1300 P.A. (Non POA Clients)
  • No AMC Scheme: Rs 3000 Refundable Deposit
• Corporate Clients: Rs 1000 P.A.

Nil

Nil

Rs 5 Per Certificate (Rs 30 for 1st Certificate) Courier Charges Extra (Rs 25 for Local & Rs 40 for outstation courier)

Rs 25 (For one certificate/100 shares) Courier Charges Extra(Rs 25 for Local & Rs 40 for outstation courier)

• On Maket Transaction: Rs 15 (POA Clients), Rs 20 (Non POA clients)
• Off Market Instruction: 0.03% (subject to Min. Rs 20 & Max. Rs 50 Charges Per instruction)

Rs 60

Rs 60

Rs 30

Rs 20 per instruction

• AMC charged yearly in advance.
• DIS Book Charges: Rs 30 (20 leafs)
• Client Modification Charges: Rs 25
• Security deposit for CDSL 'easiest' facility (optional) is Rs 2,500

1. Margin Pledge /Unpledge: ₹15
2. Margin pledge Invocation: Nil
3. Fax Indemnity - Actual
4. Demat Rejection - ₹25 + Courier Charges
5. Renewal charges for resuming the Services - ₹100 per account.
6. Interest at 24% p.a for NSDL client and 13% p.a for CDSL client is charged on the outstanding bill after one month from the due date.