Sharekhan Vs mStock 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.

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

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

Stock Broking, Demat Account, Margin Funding

Actual Stamp Paper Charges

Rs 999 (One Time Cost) or Rs 0

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 0 (Rs 999 Lifetime Zero Brokerage Plan) or Annual Rs 480 + GST (To be recovered every quarter)

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

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

Rs 0

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

Rs 0

Rs 50 per certificate or Rs 50 for every hundred securities

Rs 0

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)

Rs 12 per ISIN + GST

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

Rs 32 per PSN (Pledge Sequence Number)

Nil

Nil

Rs 32 per PSN (Pledge Sequence Number)

Nil

No charge will be applicable for failed instruction

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

Periodic/Adhoc Statement-Rs 100 per request + Rs 100 per courier