The side-by-side comparison of SBI Securities and Groww Demat Account. Compare SBI Securities Vs Groww Demat Account charges, AMC and Fees. Read Groww and SBI Securities demat Account review.
Find out SBI Securities Vs Groww which is better demat account and SBI Securities Vs Groww which is best demat account.
Our SBI Securities Ltd demat account comparison with Groww Invest Tech Pvt Ltd. highlights the major differences between two brokers. Find the best demat between SBI Securities and Groww.
| Â | SBI Securities | Groww |
|---|---|---|
| Â |  |  |
| About the Broker | 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. | Groww is a fast-growing online stock broker and mutual fund investment company. It offers services to invest in Equity, IPO, and Direct Mutual Funds. Groww started offering demat account services in 2020. It is a member of the CDSL depository. Groww is an online discount broker. It charges a flat of Rs.20 or 0.05% per executed order whichever is lower as trade brokerage fee. Groww demat account charges include Account Opening fee of Rs.0 (Free), AMC of Rs.0 (free) and Debit Transaction Charge of Rs.13.50 per script for delivery trades and zero for intraday trades. |
| DP ID | 12047200 | 88700 |
| Contact Info | Marathon Futurex, 12th Floor, | Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034 |
| Services Offered | Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services, E-Broking and Currency Derivatives | Equity, IPO, and Direct Mutual Funds |
| 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. | Special Offer: Invest in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today. |
| Â | SBI Securities | Groww |
|---|---|---|
| Demat Account Opening Fee | Rs 850 | ₹0 (Free) |
| Demat Account AMC |
| ₹0 (Free) |
| Advance Deposit | Nil | ₹0 |
| Open Groww Account |
| Â | SBI Securities | Groww |
|---|---|---|
| Dematerialisation Charges | Rs 5 per cert + Rs 35 courier charges per request | ₹150 per certificate + courier charges |
| Rematerialisation Charges | Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity | ₹150 per certificate + courier charges |
| Transaction Charges (Credit or Buy) | ||
| Transaction Charges (Debit or Sell) |
| For value ≥ ₹100: Male investors: ₹3.50 (Depository) + ₹16.50 (Groww) = ₹20.00 (plus GST) Female investors: ₹3.25 (Depository) + ₹16.50 (Groww) = ₹19.75 (plus GST) For value < ₹100: Only the depository charge, i.e., Male investors: ₹3.50 and Female investors: ₹3.25 |
| Pledge Creation Charges | 0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges) | ₹20 + ₹12 per request (CDSL Charges) |
| Pledge Creation Confirmation Charges | 0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges) | |
| Pledge Invocation Charges | 0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges) | ₹20 |
| Failed Instruction Charges | Rs 10 per failed instruction. | ₹50 per ISIN |
| Other Charges | KYC Modification: ₹100 |
| Â | SBI Securities Enquire | Groww Enquire |
|---|---|---|
| Contact Broker | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| GrowwSpecial OfferInvest in Stocks and Mutual Funds on Groww
Start your investment journey today! |
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