HDFC Securities Vs SMC Global Demat Account Comparison

HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account with an existing HDFC bank savings account and an existing Demat account. Funds / shares are seamlessly moved from the linked Demat/Bank account to execute the transactions.

SMC is a leading financial service provider in India offering services across brokerage, investment banking, wealth management, financing, depository services, insurance broking, clearing services, mortgage advisory and real estate advisory to corporate, institutional, high net worth individuals and other retail clients.

SMC India has customer base of over 16 lakhs customers and 50 branches & 2400+ registered sub brokers and authorized persons spread across 500+ cities.

Lodhai-I, Think Techno Campus Bldg-Alpha,
8Th Floor, Office Nxt To Kanjurmarg Rlwy Station,
Kanjur Marg (E) Mumbai India - 400042

17, Netaji Subhash Marg,
Opp. Golcha Cinema, Daryaganj,
New Delhi, Delhi, India 110002

Banking, Stock Broking, Depository & Custody Services

Broking (Equity, Commodity & Currency Derivatives) at BSE, NSE and MCX, Mutual Funds & IPO, NBFC, Online Trading, Wealth Management, Investment Banking, Insurance, Real Estate, Research, Depository Participant CDSL & NSDL

Nil

Nil.

1. For Non BSDA Individual a/c : Rs 750 p.a
2. For BSDA Individual a/c:
   
   1. Holding value 0 to 50,000: Nil
   2. Holding value between 50,001 to 2,00,000: Rs 100 p.a
   3. Holding value more than 2,00,000: Rs 750 p.a.
3. For Corporate a/c:- Rs 1,500 p.a

• Individual Client
  • General AMC Scheme: Rs 300 P.A. (POA Clients), Rs 350 P.A. (Non POA Clients)
  • Onetime Yearly AMC Scheme: Rs 1000 P.A.(POA Clients), Rs 1300 P.A. (Non POA Clients)
  • No AMC Scheme: Rs 3000 Refundable Deposit
• Corporate Clients: Rs 1000 P.A.

Rs 7,500/-

Rs 5 per certificate + Rs 35 per Dematerialisation request submitted

Rs 5 Per Certificate (Rs 30 for 1st Certificate) Courier Charges Extra (Rs 25 for Local & Rs 40 for outstation courier)

Rs 30 per request + CDSL actuals

Rs 25 (For one certificate/100 shares) Courier Charges Extra(Rs 25 for Local & Rs 40 for outstation courier)

1. 0.04% of the value of txn subj to min Rs 20 per txn done by EASIEST. For BSDA a/c it's 0.06%, Min Rs 40
2. 0.04% of the value of txn subj to Min Rs 25 per txn done by HDFC securities. For BSDA a/c It's 0.06%, Min Rs 45
3. 0.04% of the value of txn subj to Min Rs 40 per txn undertaken by Manual txn. For BSDA a/c it's 0.06%, Min Rs 60
4. For Debt txn 0.04% of the value of txn subj to Min Rs 40 & Max Rs 5,000 per txn. For BSDA a/c it's 0.06%, Min Rs 60 & Max Rs 5,000
5. If instruction is submitted on the date of execution then 0.25% of the value of txn subj to Min Rs 25 per txn

• On Maket Transaction: Rs 15 (POA Clients), Rs 20 (Non POA clients)
• Off Market Instruction: 0.03% (subject to Min. Rs 20 & Max. Rs 50 Charges Per instruction)

Nil

Rs 60

If the pledge is marked in favour of HDFC Bank:

1. 0.02% of the value of the txn subject to min of Rs 40 per txn
2. 0.04% of the value of the txn subject to min of Rs 60 per txn for BSDA a/c

Rs 60

If the pledge is marked to other than HDFC Bank

1. 0.04% of the value of the txn subject to min of Rs 40 per txn
2. 2. 0.06%, of the value of the txn subject to min of Rs 60 per txn for BSDA a/c

Rs 30

Nil

Rs 20 per instruction

1. Mailing charges for non-periodic statements & other communication: Rs 35 for inland & Rs 500 for foreign address
2. For restoring services if account is suspended for non payment of charges: Rs 250
3. Reissuance of Delivery Instruction Booklet (DIB): Rs 75 per Booklet
4. Settlement Charges: Rs 250 pm for CM Principle account & Unified Settlement account & Rs 500 p.m for CM Settlement account

• AMC charged yearly in advance.
• DIS Book Charges: Rs 30 (20 leafs)
• Client Modification Charges: Rs 25
• Security deposit for CDSL 'easiest' facility (optional) is Rs 2,500