SBI Securities Vs Anand Rathi Demat Account Comparison

SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd which is one of the oldest players in the Indian Capital Market and has a dominant position in the Indian primary capital markets. SBI Capital Markets Ltd. commenced broking activities in March 2001 to fulfill the secondary market needs of Financial Institutions, FIIs, Mutual Funds, Banks, Corporates, High Network Industry, Non-residential Investors and Retail domestic investors. SBICAP Securities Ltd. (SSL) is a company, which has been formed to take over the broking operations of SBI Capital Markets Ltd. SSL commenced operations in the first quarter of financial year of 2006-2007.

Incorporated in 1994, AnandRathi is Mumbai based diversified financial services provider offering wide range of products and services to retail and institutional customers across India. Anand Rathi has physical presence at over 1200 locations in India through it offices and franchises. AnandRathi is member of BSE, NSE, MCX, NCDEX, MSEI, CDSL and NSDL.

Marathon Futurex, 12th Floor,
A & B Wing N. M. Joshi Marg, Lower Parel,
Mumbai Maharashtra India - 400013

4th Floor, Silver Metropolis Bld,
Jai Coach Compound, Opp.Bimbisar Nagar,
Goregoan E, Mumbai, Maharashtra, India 400065

Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services, E-Broking and Currency Derivatives

Wealth Management, Investment Banking, Corporate Finance & Advisory, Brokerage & Distribution services in the areas of equities, commodities, mutual funds, structured products, insurance, corporate deposits, bonds & loans and Depository Services (CDSL and NSDL)

Rs 850

Nil

1. Individual Account: Rs 750 (Rs 500 for e-statement)

• Scheme I: Rs. 450 + GST 18% = 532 (Free for 1st Year)

• Scheme II : Nil (with a credit balance of Rs 3000 (refundable) or Rs.999 (one time)

Nil

Nil

Rs 5 per cert + Rs 35 courier charges per request

• Rs 3 per certificate + Rs 35 per request.

Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity

• Rs 15 for every 100 securities or a Flat fee of Rs 15 per certificate, Whichever is higher + 20 Postage chg

1. Through POA - 0.01% of the transaction value (Minimum of Rs 21 and Maximum of Rs 300) per ISIN
2. Through DIS - 0.04% of the transaction value (Minimum of Rs 30) per ISIN

• Rs 15 Per ISIN [For POA clients]; Rs 25 Per ISIN [For Non POA clients]

• Off-market Transfer within AnandRathi Minimum Rs 25 and Maximum Rs 500 or 0.025% of the market value

0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges)

0.01% of value or min Rs 50 per request

0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges)

Nil

0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges)

0.01% of value or min Rs 50 per request

Rs 10 per failed instruction.

Rs 25 per Instruction

• For instructions received on same day of Pay-in Rs 25 per scrip will be charged
• Extra statement (other than free monthly): Rs 15 per statement.
• Any Modification: Rs 15 per request