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Upstox Vs Mangal Keshav Demat Account Comparison

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

Find out Upstox Vs Mangal Keshav which is better demat account and Upstox Vs Mangal Keshav which is best demat account.

Our Upstox demat account comparison with Mangal Keshav Securities Limited highlights the major differences between two brokers. Find the best demat between Upstox and Mangal Keshav.

Upstox Vs Mangal Keshav

  Upstox Mangal Keshav Securities Limited
Upstox Logo
About the Broker

Upstox (formally RKSV) is among the leading online stock brokers in India offering low cost discount stock, current derivatives & commodity broking services at BSE, NSE and MCX. Upstox offering its retail broking services since Jan 2012.

DP ID 12081800 12024700
Contact Info

Sunshine Tower, 30 Floor,
Senapati Bapat Marg, Dadar (West),
Mumbai, Maharashtra, India 400013

501 Heritage Plaza J.P. Road, Opp Indian Oil Colony, Andheri (W) Mumbai Maharashtra India-400053

Services Offered

Stock Broking and Depository Participants (DP) Services though its memberships with the NSE, BSE, MCX and CDSL.

ALL DP SERVICES

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Upstox Vs Mangal Keshav Demat Account Opening Charges

  Upstox Mangal Keshav Securities Limited
Demat Account Opening Fee

Rs 150

NIL

Demat Account AMC

Rs 150

Scheme A: Rs 750 Individual Scheme B: Rs 199 Individual Scheme C: Rs 500 NRI Scheme D: Rs 199 Plus CDSL Charges

Advance Deposit

Nil

Deposit Scheme: Rs.1000/-, where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunde

D.

Upstox Vs Mangal Keshav Demat Charges

  Upstox Mangal Keshav Securities Limited
Dematerialisation Charges

Rs 2.00 per certificate plus courier charges of Rs 35 per demat request

Rs 150 INCLUSIVE OF COURIER CHARGES + Rs 100 PER CERTIFICATE

Rematerialisation Charges

Rs 25 per certificate or 0.05% of the value whichever is higher.

Upfront Rs 150 plus CDSL Charges INCLUSIVE OF COURIER CHARGES + Rs 100 PER CERTIFICATE

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

0.05% ON THE VALUE OF THE DEBIT TRANSACTION WITH MINIMUM Rs 100

Pledge Creation Charges

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

CHARGES CHARGED BY THE DEPOSITORY + 0.02% ON THE VALUE OF THE APPLICATION

Pledge Creation Confirmation Charges

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

NIL

Pledge Invocation Charges

0.05% of the transaction charges subject to a minimum of Rs 50

CHARGES CHARGED BY THE DEPOSITORY + 0.02% ON THE VALUE OF THE APPLICATION

Failed Instruction Charges

Rs 50 per transaction

NIL

Other Charges
  1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
  2. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges.
  3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

NIL

Contact DP / Request A Call Back

  Upstox Mangal Keshav Securities Limited
Contact broker for Demat Account related enquires:
  Upstox Mangal Keshav Securities Limited
Find more info about broker
Enquire about Upstox Enquire about Mangal Keshav
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Demat Account Related Abbreviations

  • Demat: Demat Account is an online account to hold the shares in electronic form. They are similar to bank account used to hold money.
  • BSDA: Basic Service Demat Account, a type of account which offers limited services at reduced costs.
  • PoA: Power of Attorney, a legal document giving authority to broker to settle the trades though holding in clients demat account.
  • DIS: Delivery Instruction Slip, Similar to conventional cheque book for demat account. Its is used offline demat account transactions.
  • DPC: Delayed Payment Charges
  • Dematerialisation: Process to converting physical certificates to electronic form.
  • Rematerialisation: Process of converting electronic shares to physical certificates.
  • NSDL: National Securities Depository Limited, the 1st central securities depository. It offer services to hold shares in electronic form on behalf of the customer.
  • CDSL: Central Depository Services (India) Limited, the 2nd securities depository. It also offers service to hold shares in electronic form.



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