Aditya Birla Money Vs Finvasia Demat Account Comparison

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.

Finvasia is a Chandigarh, India based financial service provider. Finvasia caters to retail, institutional and foreign customers. Finvasia offers truly brokerage free trading. It absolutely doesn’t change any brokerage commission from customers to trade on BSE, NSE, and MCX. Customers can trade in any segment by just paying applicable taxes. Call & trade is also available for free of cost to the customers.

Finvasia is a depository participant with CDSL. They offer all kind of depository services to its customer at a very reasonable price.

They are an online broker. All services offered are online or over the phone. They do not have any branch offices, franchise or partner offices.

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

Plot # 10, Netsmartz House (Level 3).
Rajiv Gandhi Chd Tech Park.
Chandigarh. India 160101

Depository Services

Retail trading in equity, currency and commodity, depository (demat account), asset management, investment banking, advisory, and currency hedging.

₹0 (+ stamp charge of ₹199)

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

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

₹0

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

₹15 + ₹99 Courier charges

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.

₹15 + ₹99 Courier charges

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

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

For External Broker:

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

₹9 (including CDSL Fee)

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

₹25 + NSDL Charges

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

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

₹25 + NSDL Charges

₹49 per transaction

Rs 50 for re-issuance of DIS Booklet.

• Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
• Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
• Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
• Check Bounce - ₹299
• Failed Transaction - ₹49 per transcaction
• Modification in Client Information - ₹19 per request
• Demat Closure Account - Nil
• Delay Payment Charges - 2% per month on T+2 days