SBI Securities Vs Nuvama (Edelweiss) 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.

Nuvama Wealth is part of the Edelweiss Group, India's leading diversified financial services company. With over 10 lakh clients and 4500 sub-brokers offices, Edelweiss Group has strong presence across India.

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

201 to 203, Zodiac Plaza, Xavier College Road, Off C G Road, Ahmedabad, Gujarat - 380009

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

Equity, Derivatives, Currencies, Mutual Funds, Gold ETFs, IPOs, Depository Participant

Rs 850

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

Nil

Rs 5 per cert + Rs 35 courier charges per request

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

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

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

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

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

Rs 10 per failed instruction.