SBI Securities Vs SAMCO Demat Account Comparison

SBI Securities Vs SAMCO

The side-by-side comparison of SBI Securities and SAMCO Demat Account. Compare SBI Securities Vs SAMCO Demat Account charges, AMC and Fees. Read SAMCO and SBI Securities demat Account review.

Find out SBI Securities Vs SAMCO which is better demat account and SBI Securities Vs SAMCO which is best demat account.

Our SBI Securities Ltd demat account comparison with SAMCO Securities Limited highlights the major differences between two brokers. Find the best demat between SBI Securities and SAMCO.

 SBI SecuritiesSAMCO
 SBI Securities LogoSAMCO Logo
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.

SAMCO is Mumbai, an India based stockbroker. Incorporated in 2015, SAMCO enables its customer to trade equity, currency, and commodity at NSE, BSE and MCX exchanges. SAMCO is a depository participant with CDSL. They provide demat account related services to its customers.

SAMCO offer other products including leverage products for delivery margin funding and margin against shares to its NBFC subsidiary.

DP ID1204720012054200
Contact Info

Marathon Futurex, 12th Floor,
A & B Wing N. M. Joshi Marg, Lower Parel,
Mumbai Maharashtra India - 400013

1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra, India.

Services Offered

Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services, E-Broking and Currency Derivatives

  • Online Equity, Commodity and Currency trading at BSE, NSE and MCX.
  • Leverage products for delivery margin funding and margin against shares.
  • Depository Services (Demat Account)
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.

SBI Securities Vs SAMCO Demat Account Opening Charges

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 SBI SecuritiesSAMCO
Demat Account Opening Fee

Rs 850

Only Franking Charges

Demat Account AMC
  1. Individual Account: Rs 750 (Rs 500 for e-statement)

₹400 for Individual. ₹800 for Corporate.

Advance Deposit

Nil

Nil

SBI Securities Vs SAMCO Demat Charges

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 SBI Securities SAMCO
Dematerialisation Charges

Rs 5 per cert + Rs 35 courier charges per request

₹10 per Certificate plus Courier Charges ₹50 per request

Rematerialisation Charges

Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity

Actual CDSL charges plus Courier charges ₹50 per request.

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  1. Through POA - 0.01% of the transaction value (Minimum of Rs 21 and Maximum of Rs 300) per ISIN
  2. Through DIS - 0.04% of the transaction value (Minimum of Rs 30) per ISIN

₹10 per transaction in same DP & 0.02% per transaction or ₹25 whichever is higher for other DP

Pledge Creation Charges

0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges)

₹60 per ISIN

Pledge Creation Confirmation Charges

0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges)

Nil

Pledge Invocation Charges

0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges)

₹60 per ISIN

Failed Instruction Charges

Rs 10 per failed instruction.

Nil

Other Charges

Contact Broker / Request A Call Back

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 SBI Securities EnquireSAMCO Enquire
Contact Broker

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Side-by-Side Comparison of Broker