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Upstox Vs Sanghavi Brothers Demat Account Comparison

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

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

Our Upstox demat account comparison with Sanghavi Brothers Brokerage Limited highlights the major differences between two brokers. Find the best demat between Upstox and Sanghavi Brothers.

Upstox Vs Sanghavi Brothers

  Upstox Sanghavi Brothers Brokerage 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 12034900
Contact Info

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

Vasta-B, 1St Floor 90 Ft Road, Pant Nagar Ghatkopar (East) Mumbai Maharashtra India-400075

Services Offered

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

EQUITY TRADING, FUTURE & OPTION, COMMODITY TRADING, DEPOSITORY SERVICES,IPO, MUTUAL FUND

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Upstox Vs Sanghavi Brothers Demat Account Opening Charges

  Upstox Sanghavi Brothers Brokerage Limited
Demat Account Opening Fee

Rs 150

Nil

Demat Account AMC

Rs 150

Rs 300 P.A. IN CASE OF INDIVIDUALS, HUFS & TRUSTS AND Rs 800 P.A. FOR CORPORATES

Advance Deposit

Nil

Nil

Upstox Vs Sanghavi Brothers Demat Charges

  Upstox Sanghavi Brothers Brokerage Limited
Dematerialisation Charges

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

Rs 70 per REQUEST(UPTO 5 CERTIFICATES) AND Rs 2 PER CERTIFICATES IN EXCESS OF 5 CERTIFICATES

Rematerialisation Charges

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

Rs 40 PER REQUEST (UPTO 5 CERTIFICATES)AND Rs 2 PER CERTIFICATES IN EXCESS OF 5 CERTIFICATES

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

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

Rs 12

Pledge Creation Charges

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

Rs 15 PER ISIN

Pledge Creation Confirmation Charges

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

Rs 15 PER ISIN

Pledge Invocation Charges

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

Nil

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.

Rs 510 FOR FRANKING OF POA

Contact DP / Request A Call Back

  Upstox Sanghavi Brothers Brokerage Limited
Contact broker for Demat Account related enquires:
  Upstox Sanghavi Brothers Brokerage 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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