Religare Vs TradeSmart Demat Account Comparison

Religare Securities Ltd. (RSL) is a diversified financial services group offering broking services in Equity, Currency and Commodity. RSL also offers depository participant services.

RSL is a member of the NSE, BSE, USE and a depository participant with NSDL and CDSL.

TradeSmart, a venture of VNS finance is a online broker offering discount brokerage services to retail customers in India. TradeSmart offers flat fee and unlimited trading plans for trading in Equity, Currency and Commodities at BSE, NSE and MCX.

With over 17000 customers and daily turnover of over Rs 2500 Cr (as of Dec 2016), TSO is among the top 5 discount stock brokers in India.

A3/4/5, GYS Global, Near HCL,
Sector 125 Noida,
Uttar Pradesh India-201301

7B, 2nd Floor, Old Oriental Building,
65, M. G. Road, Fort, Mumbai
Maharashtra, India - 400001

All type of Services of Depository Participant

Online Stock Trading, Depository Services

NIL

Rs 500

1. Client opting for digital statement: Rs 300 per annum
2. Client opting for physical statement: Rs 400 per annum

1. Individual Account: Rs 300 per year
2. Corporate Account: Rs 800 per year

Rs 500

Nil

Rs 2 per certificate + Rs 30 Courier Charges

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

Rs 20 per certificate + CDSL Charges + Rs 30 Courier Charges

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

1. Delivery given to Religare Pool Account: Rs 15 (Client with POA Religare), Rs 25 (Client without POA Religare)
2. Any other Account: Rs 30 per debit or 0.02% of the value of transaction whichever is higher

Rs 25 minimum or 0.02% which ever is higher. In case of BSDA Rs 50 or 0.02% whichever is higher.

Rs 50 per request or 0.02% of the value of securities whichever is higher

Rs 200 per scrip

Rs 50 per request or 0.02% of the value of securities whichever is higher

Nil

Rs 50 per request or 0.02% of the value of securities whichever is higher

Rs 200 minimum or 0.01% which ever is higher

Nil

Nil

1. Demat Rejection Charges Rs 30 per rejection.
2. Delivery Instruction Booklet Rs 1 per leaflet.

• Late instruction: 0.1% scrip value
• Physical contract note / other statements etc:Rs 20 per contract note + Courier Charges
• Physical transaction statement: Rs 50 per BO statement plus courier charges
• Cheque dishonour charges: Rs 200 per instance
• Offmarket transfer (DP): Rs 25 plus service tax
• Inter DP transfer: Rs 25 plus service tax
• KRA Modification: Rs 35 plus service tax