HDFC Securities Vs AxisDirect Demat Account Comparison

HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account with an existing HDFC bank savings account and an existing Demat account. Funds / shares are seamlessly moved from the linked Demat/Bank account to execute the transactions.

Axis Securities Limited is part of Axis bank, India's leading private bank. Axis Securities offers its services though Axis Direct. The 3-in-1 account by Axis is the most popular offering by the bank. This account includes a Bank Account, a Trading Account and a demat account, all integrated together for seamless transactions among them.

Lodhai-I, Think Techno Campus Bldg-Alpha,
8Th Floor, Office Nxt To Kanjurmarg Rlwy Station,
Kanjur Marg (E) Mumbai India - 400042

Gigaplex, Bldg No.1, 4th Floor, Plot No. I.T.5, MIDC Airoli Knowledge Park,
Airoli, Navi Mumbai, Maharashtra, India 400708

Banking, Stock Broking, Depository & Custody Services

Equity, Derivatives, Mutual funds, SIP, IPO, NCD and Bonds, ETFs, Currency, Depository Services (Demat Account)

Nil

Nil

1. For Non BSDA Individual a/c : Rs 750 p.a
2. For BSDA Individual a/c:
   
   1. Holding value 0 to 50,000: Nil
   2. Holding value between 50,001 to 2,00,000: Rs 100 p.a
   3. Holding value more than 2,00,000: Rs 750 p.a.
3. For Corporate a/c:- Rs 1,500 p.a

• Retail Account:
  • Axis Bank Customer: Rs 650 per year (1st year free). Rs 2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank.
  • Non-Axis Bank Customer: Rs 250 per year (1st year free)
• BSDA Account:
  • Nil for holding value till Rs 50,000
  • Rs 100 per year for holding value from Rs 50,001 to Rs 2,00,000
  • Holding value above Rs 2,00,000 tariff for Retail account will be applicable.
• Corporate Account:
  • Rs 400 for Axis Bank clients + CDSL AMC of Rs 500
  • Rs 600 for non-Axis Bank clients+ CDSL AMC of Rs 500

Rs 7,500/-

Nil

Rs 5 per certificate + Rs 35 per Dematerialisation request submitted

• Retail / BSDA Account: Rs 5 per certificate subject to minimum of Rs 50 per request, whichever is higher. Rs 50 per request as courier charges for mutual fund Units.
• Corporate Account: Rs 2.50 per certificate subject to a minimum of the Rs 50 per request.

Rs 30 per request + CDSL actuals

• Retail / BSDA Account: Rs 20 for every 100 securities or part thereof or Rs 50 per request whichever is higher. Rs 50 per instruction for mutual fund Units.
• Corporate Account: Rs 20 per certificate subject to minimum of Rs 50 per request

1. 0.04% of the value of txn subj to min Rs 20 per txn done by EASIEST. For BSDA a/c it's 0.06%, Min Rs 40
2. 0.04% of the value of txn subj to Min Rs 25 per txn done by HDFC securities. For BSDA a/c It's 0.06%, Min Rs 45
3. 0.04% of the value of txn subj to Min Rs 40 per txn undertaken by Manual txn. For BSDA a/c it's 0.06%, Min Rs 60
4. For Debt txn 0.04% of the value of txn subj to Min Rs 40 & Max Rs 5,000 per txn. For BSDA a/c it's 0.06%, Min Rs 60 & Max Rs 5,000
5. If instruction is submitted on the date of execution then 0.25% of the value of txn subj to Min Rs 25 per txn

• Retail Account: 0.04% of the value of the transaction (Min Rs 25 per instruction) whichever is higher. Rs 25 flat per instruction for mutual fund units.
• BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. Rs 50 flat per instruction for mutual fund units.
• Corporate Account: 0.04% subject to minimum of Rs 23 per instruction.

Nil

• Retail Account: 0.04% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
• BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
• Corporate Account: Flat Rs 50 per request.

If the pledge is marked in favour of HDFC Bank:

1. 0.02% of the value of the txn subject to min of Rs 40 per txn
2. 0.04% of the value of the txn subject to min of Rs 60 per txn for BSDA a/c

Nil

If the pledge is marked to other than HDFC Bank

1. 0.04% of the value of the txn subject to min of Rs 40 per txn
2. 2. 0.06%, of the value of the txn subject to min of Rs 60 per txn for BSDA a/c

• Retail Account: 0.04% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
• BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
• Corporate Account: Flat Rs 50 per request.

Nil

Rs 10 per Instruction

1. Mailing charges for non-periodic statements & other communication: Rs 35 for inland & Rs 500 for foreign address
2. For restoring services if account is suspended for non payment of charges: Rs 250
3. Reissuance of Delivery Instruction Booklet (DIB): Rs 75 per Booklet
4. Settlement Charges: Rs 250 pm for CM Principle account & Unified Settlement account & Rs 500 p.m for CM Settlement account

• Ad-hoc Statement - Rs 100 per statement
• Quarterly (Physical) statement
  • Retail Account - Nil
  • BSDA Account - Rs 25 per statement
• Account Modification Charges
  • Retail Account - Nil
  • BSDA Account - Rs 100
• DIS Booklet Charge
  • Retail Account - NIL
  • BSDA Account - Rs 200 per booklet
• Redemption of mutual fund units through DP - Rs 25 per instruction