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Upstox Vs Mansukh Demat Account Comparison

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

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

Our Upstox demat account comparison with Mansukh Stock Brokers Limited highlights the major differences between two brokers. Find the best demat between Upstox and Mansukh.

Upstox Vs Mansukh

  Upstox Mansukh Stock Brokers 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.

A leading broker and leading Depository Participant of India.

DP ID 12081800 12016400
Contact Info

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

Mansukh House Plot No.6, Opp. Mother Diary Pandav Nagar, New Delhi Delhi India-110092

Services Offered

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

Member- Bombay Stock Exchange Depository Participant- CDSL

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Upstox Vs Mansukh Demat Account Opening Charges

  Upstox Mansukh Stock Brokers Limited
Demat Account Opening Fee

Rs 150

Nil

Demat Account AMC

Rs 150

Rs 200 Annual OR one time Rs 1500 as refundable security deposit in lieu of AMC OR one time non refundable payment of Rs 999 in lieu of AMC

Advance Deposit

Nil

Nil

Upstox Vs Mansukh Demat Charges

  Upstox Mansukh Stock Brokers Limited
Dematerialisation Charges

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

Rs 3 per certificate Couriier Charges Rs 25 Per scrip

Rematerialisation Charges

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

Rs 20 per request Rs 15 request if client opt for refundable security and one time amc plan Couriier Charges Rs 25 Per scrip

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

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

0.02% of Transaction value subject to minimum Rs 12 & maximum Rs 20 Rs 15 per transaction if client opt for non refundable one time charges of Rs 999 scheme

Pledge Creation Charges

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

Rs 50 per request (Rs 35 in case of client opted for security deposit scheme or one time charges scheme)

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

Rs 25 per request

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.

1.BO details modification charges Rs 20

2. Rs 50 kyc registration charges

3. instruction book charrges Rs 10 for 10 leaves booklet.

4. additional statement Rs 10 per page +25 postage charges.

Contact DP / Request A Call Back

  Upstox Mansukh Stock Brokers Limited
Contact broker for Demat Account related enquires:
  Upstox Mansukh Stock Brokers Limited
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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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