ICICIdirect Vs Aditya Birla Money Demat Account Comparison

ICICI Bank is India's largest private sector bank with total assets of Rs. 6,461.29 billion (US$ 103 billion) at March 31, 2015 and profit after tax Rs. 111.75 billion (US$ 1,788 million) for the year ended March 31, 2015. ICICI Bank currently has a network of 4,050 Branches and 12,817 ATM`s across India.

Aditay Birla Money Ltd (formerly known as Apollo Sindhoori Capital Investments) deals into equity and derivatives market through BSE and NSE. Company also provides commodity trading on MCX and NCDEX through its subsidiary company, Aditya Birla Commodities Broking Ltd. Aditya Birla Money has its own DP service and registered as a DP with NSDL and CDSL.

ICICI Bank Tower, 5Th Flr South Wing,
Tower ii, Plt No 12 Financil Dist,
Gachibowli Hyderabad,
Andhra Pradesh, India - 500032

Ali Centre, No 53,
Greams Road, Chennai,
Tamil Nadu India - 600006

ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.

Depository Services

Stamp Duty at actuals

For Individual account: ₹700 p.a.

For Corporate account: ₹1500 p.a.

1. Normal Scheme: ₹450 p.a. for Individuals and for Corporates ₹1000 p.a.
2. Basic Service Demat Account (BSDA) Account: Nil for holding below ₹50,000, Holding from ₹50,001 to ₹200,000 AMC of ₹100 p.a., Holding above ₹200,000 will be charge as applicable to Normal Demat Account.
3. Lifetime AMC Scheme (₹1500 one time): Nil

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

₹50 Per Demat Request Form and ₹10 For Each Certificates

1. Normal Scheme: Rs 5 per certificate plus Rs 50 courier charges.
2. BSDA Account: Rs 25 per certificate plus Rs 50 courier charges.

₹25 + CDSL charges at actual

1. Normal Scheme: A flat fee of Rs 15 per certificate or Rs 15 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.
2. BSDA Account: A flat fee of Rs 25 per certificate or Rs 25 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹25,000 )

Market Transactions within Aditya Birla Money POW (Both Market / Off Market):

1. Normal Scheme: ₹30 per ISIN
2. Lifetime AMC Scheme: ₹20 per ISIN
3. BSDA Account: ₹75 per ISIN (Market /Off Market)

For External Broker:

1. Normal Scheme: ₹30 or 0.03% on value of securities whichever is higher
2. Lifetime AMC Scheme: ₹30 or 0.03% on value of securities whichever is higher
3. BSDA Account:  Minimum ₹75 per ISIN or 0.05% on value of securities whichever is higher.

0.02% or minimum of ₹35

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

0.02% or minimum of ₹35

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

0.02% or minimum of ₹35

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

₹200 for restoring services if account is suspended for non payment of charges.

Rs 50 for re-issuance of DIS Booklet.