The side-by-side comparison of ICICIdirect and SBI Securities Demat Account. Compare ICICIdirect Vs SBI Securities Demat Account charges, AMC and Fees. Read SBI Securities and ICICIdirect demat Account review.
Find out ICICIdirect Vs SBI Securities which is better demat account and ICICIdirect Vs SBI Securities which is best demat account.
Our ICICI Securities Pvt Ltd. demat account comparison with SBI Securities Ltd highlights the major differences between two brokers. Find the best demat between ICICIdirect and SBI Securities.
ICICIdirect | SBI Securities | |
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About the Broker | ICICI Direct is the online trading and investment platform of ICICI Securities Limited (I-Sec), a subsidiary of ICICI Bank Ltd. Launched in 1995, ICICI Direct offers a comprehensive financial marketplace catering to retail and institutional investors. ICICI Direct is registered with SEBI as a stockbroker, Merchant Banker, Portfolio Manager, Investment Adviser, and Research Analyst. It is also a Corporate Agent under IRDAI and a Point of Presence (POP) under PFRDA for distributing the National Pension Scheme (NPS). NSDL DP ID IN301348 and CDSL DP ID 16014300. | 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. |
DP ID | 16014300 | 12047200 |
Contact Info | ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India. | Marathon Futurex, 12th Floor, |
Services Offered | The services offered include Equity, Derivatives, IPO, Mutual Funds, Fixed Deposits, Bonds, and Commodity trading at BSE and NSE. | Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services, E-Broking and Currency Derivatives |
Find more info about broker | ||
Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
ICICIdirect | SBI Securities | |
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Demat Account Opening Fee | No Fees | Rs 850 |
Demat Account AMC | For Individual account: ₹700 p.a. For Corporate account: ₹500 p.a. (W.e.f. 01. Oct.2013) |
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Advance Deposit | Rs. 0 | Nil |
ICICIdirect | SBI Securities | |
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Dematerialisation Charges | ₹50 Per Demat Request Form and ₹3 For Each Certificates | Rs 5 per cert + Rs 35 courier charges per request |
Rematerialisation Charges | ₹25 + CDSL charges at actual | Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity |
Transaction Charges (Credit or Buy) | ||
Transaction Charges (Debit or Sell) | Rs 0. (NIL Instruction submitted through Internet (E-inst / IVR) - 0.04% of value of securities(Min. Rs 30 and Max Rs 25,000). Instruction submitted through Call Centre - 0.04% of value of securities(Min. Rs 35 and Max Rs 25,000). Instruction submitted at Branches - Nil charges for Trades done at www.icicidirect.com. |
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Pledge Creation Charges | 0.02% or minimum of ₹35 if ICICI Bank is counter party. Otherwise, 0.04% or a minimum of Rs.45 | 0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges) |
Pledge Creation Confirmation Charges | 0.02% or minimum of ₹35 if ICICI Bank is counter party. Otherwise, 0.04% or a minimum of Rs.45 | 0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges) |
Pledge Invocation Charges | 0.02% or minimum of ₹35 if ICICI Bank is counter party. Otherwise, 0.04% or a minimum of Rs.45 | 0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges) |
Failed Instruction Charges | NA | Rs 10 per failed instruction. |
Other Charges | Services will be restored only on full payment of AMC or any Demat charges by the customer. |
ICICIdirect Enquire | SBI Securities Enquire | |
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Contact Broker | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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