The side-by-side comparison of Kotak Neo and SBI Securities Demat Account. Compare Kotak Neo Vs SBI Securities Demat Account charges, AMC and Fees. Read SBI Securities and Kotak Neo demat Account review.
Find out Kotak Neo Vs SBI Securities which is better demat account and Kotak Neo Vs SBI Securities which is best demat account.
Our Kotak Neo demat account comparison with SBI Securities Ltd highlights the major differences between two brokers. Find the best demat between Kotak Neo and SBI Securities.
| Kotak Neo | SBI Securities | |
|---|---|---|
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| About the Broker | Kotak Neo is a broking company and is a member of BSE,NSE, MSEI and is also registered as a Depository Participants with CDSL and NSDL. | 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 | 12025100 | 12047200 |
| Contact Info | Kotak Infiniti, Bldg No 21, 8th Floor, | Marathon Futurex, Unit No. 1201, B-Wing, 12th Floor, N M Joshi Marg, Mafatlal Mill Compound, Lower Parel East, Mumbai, 400013 |
| Services Offered |
| Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services, E-Broking and Currency Derivatives |
| Find more info about broker | ||
| Special Offer | Special Offer: Trade smarter with Kotak Neo low-cost plans. | 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. |
| Kotak Neo | SBI Securities | |
|---|---|---|
| Demat Account Opening Fee | Trade Free Plan and Trade Free Pro - Rs 0 (Free) Trade Free Youth - Rs 99 | Rs 850 |
| Demat Account AMC | If More than Rs. 4 lakhs but up to Rs. 10 lakhs - Rs 100+GST p.a. If greater than ₹10 lakhs - Rs 50+GST per month. |
|
| Advance Deposit | Nil | Nil |
| Open Kotak Neo Account |
| Kotak Neo | SBI Securities | |
|---|---|---|
| Dematerialisation Charges | Rs. 150 per certificate + Rs. 50 per request courier charges | Rs 5 per cert + Rs 35 courier charges per request |
| Rematerialisation Charges | Rs.10 for 100 securities (Minimum payable Rs.15) | 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) | 0.04% + NSDL charges (minimum Rs 20) |
|
| Pledge Creation Charges | Rs 20 per ISIN | 0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges) |
| Pledge Creation Confirmation Charges | Rs 20 per ISIN | 0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges) |
| Pledge Invocation Charges | Rs 20 per ISIN | 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 | NA |
| Kotak Neo Enquire | SBI Securities Enquire | |
|---|---|---|
| Contact Broker | Kotak NeoSpecial OfferKotak Neo Trade Free Plan Open a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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