Sharekhan Vs Kotak Securities Demat Account Comparison

Sharekhan is leading stock broker and financial product distributor in India. With wide network of branches, sub-brokers and franchise, Sharekhan is among the top 3 largest stock broker in India by number of customers.

Kotak Securities Ltd. is a broking company and is a member of BSE,NSE, MSEI and is also registered as a Depository Participants with CDSL and NSDL.

Lodha, I - Think,Techno Campus 10Th Flr,
Beta Bldg, Off Jvlr Kanjurmarg (East),
Mumbai, Maharashtra India 400042

Kotak Infiniti, Bldg No 21, 8th Floor,
Infinity Park, Gen A K Vaidya Marg,
Malad (E) Mumbai Maharashtra India - 400097

Demat Account Services:

Account opening demat, remat, repurchase, redemption account transfer instructions, client master changes freezing, de-freezing, account closing transmission, pledge creation, closure, invocation, stock lending & borrowing easi & easiest

1. Stock Broking
2. Depository Services
3. Portfolio Management Services
4. Corporate Agent for insurance
5. Distributor for Mutual Funds

Actual Stamp Paper Charges

Rs 0 (Free)

Scheme A: Rs 400,
Scheme B: Rs 500,
Scheme C: Rs 350,
Scheme D: Nil,
Scheme E: Rs 100,
Scheme F: Rs 500,
Scheme H: Rs 1000,
Scheme G: Nil(holding Value <= Rs 50000) or 100(holding Value from Rs 50001 to Rs 200000)or 400(holding Value >Rs 200000)

Scheme A, C, E & H: Free for the 1st Year.

Rs. 500 Advance which will be adjusted against billing (Optional)

Tariff D - Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)

Nil

Rs 5 per share certificate (minimum ₹ 50 per request)

Rs 50 per certificate or Rs 50 for every hundred securities

1. Scheme A & B: Sales through Sharekhan: Rs 0 Else 0.03% of value of tran(min Rs 30),
2. Scheme C & D: Sales through Sharekhan Rs 6 Per tran Else 0.03% of value of tran(min Rs 30),
3. Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min Rs
4. 29,H:min Rs 30) Else 0.03% of value of tran(min Rs 49),
5. Scheme F: 0.03% of value of tran(min Rs 30),
6. Scheme G: 0.03% of value of tran(min Rs 49)

0.03 % of the value of the Transaction (Min Rs 100 per transaction)

Nil

Nil

Nil

1. Freeze /De-freeze - Rs 25 per request
2. Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum Rs 100)
3. Client Master changes Rs 30 per request for Tariff G