Geojit Vs Upstox Demat Account Comparison

Geojit is the Full Service Broker offering savings and investment solutions like Equities, Derivatives , Mutual Funds, Life & General Insurance, third party Fixed Deposits, Portfolio Management services and wealth management.

Geojit is member of NSE and BSE and registered as a depository participant with NSDL and CDSL. The broker is among few broking firms to introduce online trading facility in India. The Broker has strong hold in Gulf countries (UAE, Saudi Arabia, Bahrain, Kuwait or Oman).

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.

34/659 P, 1st Floor, Civil Line Road,
Padivattom Kochi Kerala India - 682024

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

Demat Account Services

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

Nil

Rs 249

1. Regular Individual Account: RS 600 (Rs 450 electronic communication)
2. NRI Clients: RS 2000 (Rs 750 electronic communication)
3. Corporate Accounts: Rs 1250
4. BSDA clients: Nil for holding value till Rs 50,000. Rs 100 p.a. for holding value from Rs 50,001 to Rs 2,00,000 . Holding value above 2Lakh normal tariff will be applicable

Rs 150

Nil

Nil

Nil + Courier Charges @ Rs 35

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

Rs 10 for every 100 securities or part thereof; or Rs 10 per certificate whichever is higher + courier charges Rs 35 per scrip

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

For Geojit debit:

• 0.02% (subject to a min of Rs 15 & max of Rs 40 per trans), if the delivery is through POA/with DCN or
• 0.02% (subjects to a min of Rs 20 & maxi of Rs 40 per trans), if the delivery is through DIS or POA without DCN.

For other broker debit:

• 0.02% (subject to a min of Rs 50 and max of Rs 100 per Trans)

Off market transaction

• 0.02% (subject to a min of Rs 20 and max of Rs 40 per trans), if the receiving demat account is with Geojit BNP Paribas.
• 0.02% (subject to a minimum of Rs 50 and maximum of Rs 100 per transaction) if receiving demat account is outside Geojit BNP Paribas.

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

Rs 50 per trans, Rs 100 per transaction for BSDA clients

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

NIL

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

Rs 50 per trans Rs 100 for BSDA clients

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

NIL

Rs 50 per transaction

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.