SMC Global Vs SAMCO 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.

SAMCO is Mumbai, an India based stockbroker. Incorporated in 2015, SAMCO enables its customer to trade equity, currency, and commodity at NSE, BSE and MCX exchanges. SAMCO is a depository participant with CDSL. They provide demat account related services to its customers.

SAMCO offer other products including leverage products for delivery margin funding and margin against shares to its NBFC subsidiary.

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

1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra, India.

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

• Online Equity, Commodity and Currency trading at BSE, NSE and MCX.
• Leverage products for delivery margin funding and margin against shares.
• Depository Services (Demat Account)

Nil.

Only Franking Charges

• 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.

₹400 for Individual. ₹800 for Corporate.

Nil

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

₹10 per Certificate plus Courier Charges ₹50 per request

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

Actual CDSL charges plus Courier charges ₹50 per request.

• 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)

₹10 per transaction in same DP & 0.02% per transaction & minimum ₹25 for other DP

Rs 60

₹60 (Including CDSL Charges)

Rs 60

Nil

Rs 30

₹60 (Including CDSL Charges)

Rs 20 per instruction

Nil

• 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