Sharekhan Vs Prostocks 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.

ProStocks (a Sunlight Broking LLP venture) is among the fastest  growing online stock broking company in India. ProStocks offers ultra low cost brokerage and depository services also known as discount brokerage services.

ProStocks is popular broker for Rs 15 Flat Per Trade Plan, Rs 899 Unlimited Plan (Equity and Derivatives) and Rs 499 Unlimited Plan (Currency Derivatives). ProStocks is SEBI registered stock broker and member of BSE, NSE, CDLS.

Zero AMC Demat Account (with one time Rs 1000 refundable deposit) with the Zero Demat Account Opening Fee makes ProStocks Demat Account the cheapest Demat Account in India.

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

Sunlight Broking LLP,
B-53, Pravasi Industrial Estate,
Goregaon (East), Mumbai - 400063

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

• Delivery Trading - Equity
• Intraday Trading - Equity
• Futures Trading - Equity, Currency, Commodity
• Options Trading - Equity, Currency
• Depository Services (Demat Account)

Actual Stamp Paper Charges

Nil

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.

Nil

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

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

Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit

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

Rs 50 per set up + Rs 50 courier charges

Rs 50 per certificate or Rs 50 for every hundred securities

Rs 50 per set up + Rs 50 courier charges

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 8 + Rs 5.50 (CDSL charges) per ISIN

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

Rs 50 per set up

Nil

Nil

Nil

Rs 50 per set up

Nil

Failed transactions Rs 50 per ISIN

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