tag:blogger.com,1999:blog-73988132833257965822024-02-20T20:27:21.582+05:30ALL ABOUT DEMAT ACCOUNTNow Know all about various aspects of demat account.Compare the prices and fees charged by various DPs.Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7398813283325796582.post-28460967356877286092010-11-21T13:45:00.000+05:302010-11-21T13:45:58.713+05:30DEMAT<div class="MsoNormal"><span lang="EN-US">Demat account, refers to a dematerialised account. For individual Indian citizens to trade in listed stocks or debentures. The Securities Exchange Board of India (SEBI) requires the investor to maintain a Demat account. In a demat account shares and securities are held in electronic form instead of taking actual possession of certificates ed to be in past. A Demat Account is opened by the investor while registering with an investment broker (or sub broker). The Demat account number which is quoted for all transactions to enable electronic settlements of trades to take place.</span></div><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US">For online trading Access to the demat account requires an internet password and a transaction password as well as initiating and confirming transfers or purchases of securities. Purchases and sales of securities on the Demat account are automatically made once transactions are executed and completed</span></div><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US">The demat account reduces brokerage charges, makes pledging/hypothecation of shares easier, enables quick ownership of securities on settlement resulting in increased liquidity, avoids confusion in the ownership title of securities, and provides easy receipt of public issue allotments.</span></div><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US">It also helps you avoid bad deliveries caused by signature mismatch, postal delays and loss of certificates in transit. Further, it eliminates risks associated with forgery, counterfeiting and loss due to fire, theft or mutilation. Demat account holders can also avoid stamp duty (as against 0.5 per cent payable on physical shares), avoid filling up of transfer deeds, and obtain quick receipt of such benefits as stock splits and bonuses</span></div><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US">Demat Options</span></div><div class="MsoNormal"><span lang="EN-US">Banks score over others Around 200 “depository participants” (DPs) offer the demat account facility. A comparison of the fees charged by different DPs is detailed below. But there are three distinct advantages of having a demat account with a bank — quick processing, accessibility and online transaction. Generally, banks credit your demat account with shares in case of purchase, or credit your savings accounts with the proceeds of a sale on the third day. Banks are also advantageous because of the number of branches they have. Some banks give the option of opening a demat account in any branch, while others restrict themselves to a select set of branches. Some private banks also provide online access to the demat account. So, you can check on your holdings, transactions and status of requests through the net banking facility. A broker who acts as a DP may not be able to provide these services.</span></div><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US">Fees Involved</span></div><div class="MsoNormal"><span lang="EN-US">There are four major charges usually levied on a demat account: Account opening fee, annual maintenance fee, custodian fee and transaction fee. All the charges vary from DP to DP.</span></div><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US">HERE IS THE LIST OF SOME OF THEM</span></div><div class="MsoNormal"><br />
</div><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable"><tbody>
<tr> <td colspan="3" style="padding: 0in;"><div class="MsoNormal">ALLWIN SECURITIES LIMITED</div></td> </tr>
<tr> <td style="padding: 0in; width: 165pt;" valign="top" width="220"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="width: 220px;"><tbody>
<tr> <td style="padding: 0in; width: 45pt;" valign="top" width="60"><div class="MsoNormal">DP ID :</div></td> <td style="padding: 0in; width: 120pt;" valign="top" width="160"><div class="MsoNormal">64400</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Address :</div></td> <td style="padding: 0in;" valign="top"><div class="MsoNormal">B-205/206, RAMJI HOUSE 30, JAMBULWADI KALBADEVI ROAD MUMBAI 400002 MAHARASHTRA INDIA</div></td> </tr>
</tbody></table></td> <td style="padding: 0in; width: 7.5pt;" width="10"><div class="MsoNormal"></div></td> <td style="padding: 0in; width: 165pt;" valign="top" width="220"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="width: 220px;"><tbody>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Tel No:</div></td> <td style="padding: 0in;" valign="top"><div class="MsoNormal">022-43446444,</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Fax No :</div></td> <td style="padding: 0in;" valign="top"><div class="MsoNormal">022-43446410</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Email ID :</div></td> <td style="padding: 0in;"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable"><tbody>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">allwinsc@yahoo.com; kcma</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">llawat@gmail.com</div></td> </tr>
</tbody></table></td> </tr>
</tbody></table></td> </tr>
</tbody></table><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US"> </span><span lang="EN-US"> </span></div><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="background: none repeat scroll 0% 0% rgb(18, 43, 160); width: 400px;"><tbody>
<tr> <td style="padding: 0in;"><table border="0" cellpadding="0" cellspacing="1" class="MsoNormalTable" style="width: 400px;"><tbody>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Statutory Charges at the </div><div class="MsoNormal">time of Account Opening</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> RS.100</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt; width: 112.5pt;" valign="top" width="150"><div class="MsoNormal">Advance / Deposit</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> RS. 300</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Account Maintenance </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> RS. 200</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Demat </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> RS.10PER CERTIFICATE +RS 50, RS 10+RS. 75 PER CERTIFICATE WHO ARE NOT BEING A CLIENT OF ALLWIN</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Remat </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> RS 15 PER 100 SECURITIES OR PART QUANTITY OR RS 15 PER CERTIFICATE WHICH IS HIGHER</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Transaction (Debit)</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> WITHIN ALLWIN 0.01% SUBJECT TO MINIMUMRS. 12 & MAXIMUM RS. 25, OUTSIDE ALLWIN 0.03% SUBJECT TO MINIMUM RS.25</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Creation </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> RS.25</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Creation confirmation</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> </div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Closure </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> </div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Closure confirmation</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> </div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Invocation </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> </div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Failed instruction charges</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> RS. 10 PER INSTRUCTION</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Other Charges </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> REJECT INST. RS 25/INST., A/C MODIFICATION RS. 50/- LATE FEE RS 20 PER INSTRUCTION</div></td> </tr>
</tbody></table></td> </tr>
</tbody></table><div class="MsoNormal"><span lang="EN-US"></span><b>Remarks</b> </div><div class="MsoNormal">FOR CORPORATE A/C AN ADDITIONAL CGS RS 500 FOR A/C MAINTENANCE WILL CHARGED, EXTRA A/C STATEMENT CGS RS 50/- IF NO OF PAGES EXEEDS 10 RS 5 PER PAGE WILL BE CHARGED EXTRA.</div><div class="MsoNormal"><br />
</div><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="width: 582px;"><tbody>
<tr> <td style="padding: 0in; width: 345pt;" valign="top" width="460"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable"><tbody>
<tr> <td colspan="3" style="padding: 0in;"><div class="MsoNormal">AMBIT CAPITAL PRIVATE LIMITED</div></td> <td style="border: medium none; padding: 0in;" width="10"><div class="MsoNormal"><br />
</div></td> </tr>
<tr> <td style="padding: 0in; width: 165pt;" valign="top" width="220"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="width: 220px;"><tbody>
<tr> <td style="padding: 0in; width: 45pt;" valign="top" width="60"><div class="MsoNormal">DP ID :</div></td> <td style="padding: 0in; width: 120pt;" valign="top" width="160"><div class="MsoNormal">47500</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Address :</div></td> <td style="padding: 0in;" valign="top"><div class="MsoNormal">AMBIT RSM HOUSE, 449 SENAPATI BAPAT MARG LOWER PAREL MUMBAI 400013 MAHARASHTRA INDIA</div></td> </tr>
</tbody></table></td> <td style="padding: 0in; width: 7.5pt;" width="10"><div class="MsoNormal"></div></td> <td style="padding: 0in; width: 165pt;" valign="top" width="220"><br />
</td> <td style="padding: 0in; width: 7.5pt;" width="10"><div class="MsoNormal"><br />
</div></td></tr>
<tr height="0"> <td style="border: medium none;" width="220"><br />
</td> <td style="border: medium none;" width="10"><br />
</td> <td style="border: medium none;" width="220"><br />
</td> <td style="border: medium none;" width="10"><br />
</td> </tr>
</tbody></table></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="width: 220px;"><tbody>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Tel No:</div></td> <td style="padding: 0in;" valign="top"><div class="MsoNormal">022-30433000,</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Fax No :</div></td> <td style="padding: 0in;" valign="top"><div class="MsoNormal">022-30433100</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Email ID :</div></td> <td style="padding: 0in;"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable"><tbody>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">shishirkarnik@ambitcapit</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">al.com;rajeshsharma@ambitcapital.com</div></td> </tr>
</tbody></table></td> </tr>
</tbody></table></div></td> </tr>
<tr> <td style="padding: 0in;"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="width: 582px;"><tbody>
<tr> <td style="padding: 0in; width: 427.5pt;" width="570"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="width: 565px;"><tbody>
<tr> <td style="padding: 0in;"><div class="MsoNormal"><b>About Us</b></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal">Member of NSE and BSE, and a DP of CDSL</div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"><b>Services</b></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal">provides securities brokerage, wealth management and related financial services.</div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"><b>Tariffs </b></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"></div></td> </tr>
<tr> <td style="padding: 0in;"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="background: none repeat scroll 0% 0% rgb(18, 43, 160); width: 400px;"><tbody>
<tr> <td style="padding: 0in;"><table border="0" cellpadding="0" cellspacing="1" class="MsoNormalTable" style="width: 400px;"><tbody>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Statutory Charges at the </div><div class="MsoNormal">time of Account Opening</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Nil</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt; width: 112.5pt;" valign="top" width="150"><div class="MsoNormal">Advance / Deposit</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Nil</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Account Maintenance </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs. 500 for accounts other than Corporate Rs. 1000 for Corporate accounts</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Demat </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs. 5/- per certificate Rs. 30/- towards courier charges</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Remat </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs. 10/- per certificate plus Rs. 30/- towards courier charges</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Transaction (Debit)</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> On-Mkt Transactions with other Brokers: @ 0.03% of of value (min Rs. 20) Off-Mkt (within Ambit ) only CDSL charges on actual Off-Mkt/Inter-Depository at .03% of value (min Rs. 20) </div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Creation </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs. 25/- per ISIN within Ambit Capital 0.02% of value</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Creation confirmation</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> minimum Rs. 25/- per ISIN outside Ambit Capital</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Closure </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Nil</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Closure confirmation</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs. 25/- per ISIN within Ambit Capital 0.02% of value</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Invocation </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> minimum Rs. 25/- per ISIN outside Ambit Capital</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Failed instruction charges</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Nil</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Other Charges </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs. 25/- per ISIN within Ambit Capital 0.02% of value</div></td> </tr>
</tbody></table></td> </tr>
</tbody></table></td> </tr>
</tbody></table></td> </tr>
</tbody></table></td> </tr>
</tbody></table><div class="MsoNormal"><br />
</div><div class="MsoNormal"><br />
</div><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="width: 582px;"><tbody>
<tr> <td style="padding: 0in; width: 345pt;" valign="top" width="460"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable"><tbody>
<tr> <td colspan="3" style="padding: 0in;"><div class="MsoNormal">ANAND RATHI SHARE AND STOCK BROKERS LIMITED - COMMODITIES</div></td> <td style="border: medium none; padding: 0in;" width="10"><div class="MsoNormal"><br />
</div></td> </tr>
<tr> <td style="padding: 0in; width: 165pt;" valign="top" width="220"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="width: 220px;"><tbody>
<tr> <td style="padding: 0in; width: 45pt;" valign="top" width="60"><div class="MsoNormal">DP ID :</div></td> <td style="padding: 0in; width: 120pt;" valign="top" width="160"><div class="MsoNormal">10607</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Address :</div></td> <td style="padding: 0in;" valign="top"><div class="MsoNormal">4TH FLR,SILVER METROPOLIS BLD JAI COACH COMPOUND, WE HIGHWAY OPP.BIMBISAR NAGAR,GOREGOAN E MUMBAI 400065 MAHARASHTRA INDIA</div></td> </tr>
</tbody></table></td> <td style="padding: 0in; width: 7.5pt;" width="10"><div class="MsoNormal"></div></td> <td style="padding: 0in; width: 165pt;" valign="top" width="220"><br />
</td> <td style="padding: 0in; width: 7.5pt;" width="10"><div class="MsoNormal"></div></td> </tr>
<tr height="0"> <td style="border: medium none;" width="220"><br />
</td> <td style="border: medium none;" width="10"><br />
</td> <td style="border: medium none;" width="220"><br />
</td> <td style="border: medium none;" width="10"><br />
</td> </tr>
</tbody></table></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="width: 220px;"><tbody>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Tel No:</div></td> <td style="padding: 0in;" valign="top"><div class="MsoNormal">022 40013732,</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Fax No :</div></td> <td style="padding: 0in;" valign="top"><div class="MsoNormal">022 40013738</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Email ID :</div></td> <td style="padding: 0in;" valign="top"><div class="MsoNormal">dp@rathi.com</div></td> </tr>
</tbody></table></div></td> </tr>
<tr> <td style="padding: 0in;"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="width: 582px;"><tbody>
<tr> <td style="padding: 0in; width: 427.5pt;" width="570"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="width: 565px;"><tbody>
<tr> <td style="padding: 0in;"><div class="MsoNormal"><b>About Us</b></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal">AnandRathi (AR)</div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"><br />
</div></td></tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"><b>Services</b></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal">Trade Online, Equity & Derivatives, Mutual Funds, Depository Services, Commodities, Insurance, IPOs.</div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"><b>Tariffs </b></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"></div></td> </tr>
<tr> <td style="padding: 0in;"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="background: none repeat scroll 0% 0% rgb(18, 43, 160); width: 400px;"><tbody>
<tr> <td style="padding: 0in;"><table border="0" cellpadding="0" cellspacing="1" class="MsoNormalTable" style="width: 400px;"><tbody>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Statutory Charges at the </div><div class="MsoNormal">time of Account Opening</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> NIL</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt; width: 112.5pt;" valign="top" width="150"><div class="MsoNormal">Advance / Deposit</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> 430</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Account Maintenance </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> 299</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Demat </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> NIL</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Remat </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> A flat rate of Rs 100/-</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Transaction (Debit)</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Purchase:-Free Sale : minimum Rs 25 per transaction. Maximum Rs 32 subject to 0.01% of the market value. </div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Creation </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> 0.01% subject to minimum of Rs 100</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Creation confirmation</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> 0.01% subject to minimum of Rs 100</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Closure </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> 0.01% subject to minimum of Rs 100</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Closure confirmation</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> 0.01% subject to minimum of Rs 100</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Invocation </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> 0.01% subject to minimum of Rs 100</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Failed instruction charges</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> NIL</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Other Charges </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Warehouse Services/ Holding Charges: The client shall be debited warehouse service/ holding charges and any other charges on actual as passed by Multi Commodity Exchange (Like NCDEX)</div></td> </tr>
</tbody></table></td> </tr>
</tbody></table></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"><b>Remarks</b></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal">All charges mentioned above are exclusive of CDSL, NCDEX & Warehouse receipt charges which would be recovered at actual </div></td> </tr>
</tbody></table></td> </tr>
</tbody></table></td> </tr>
</tbody></table><div class="MsoNormal"><br />
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<tr> <td colspan="3" style="padding: 0in;"><div class="MsoNormal">ANDHRA BANK</div></td> <td style="border: medium none; padding: 0in;" width="10"><div class="MsoNormal"><br />
</div></td> </tr>
<tr> <td style="padding: 0in; width: 165pt;" valign="top" width="220"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="width: 220px;"><tbody>
<tr> <td style="padding: 0in; width: 45pt;" valign="top" width="60"><div class="MsoNormal">DP ID :</div></td> <td style="padding: 0in; width: 120pt;" valign="top" width="160"><div class="MsoNormal">40800</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Address :</div></td> <td style="padding: 0in;" valign="top"><div class="MsoNormal">DEPOSITORY SERVICES 6-3-352/2 & 3, ASTRAL HEIGHTS ROAD NO.1, BANJARA HILLS HYDERABAD 500034 ANDHRA PRADESH INDIA</div></td> </tr>
</tbody></table></td> <td style="padding: 0in; width: 7.5pt;" width="10"><div class="MsoNormal"></div></td> <td style="padding: 0in; width: 165pt;" valign="top" width="220"><br />
</td> <td style="padding: 0in; width: 7.5pt;" width="10"><div class="MsoNormal"></div></td> </tr>
<tr height="0"> <td style="border: medium none;" width="220"><br />
</td> <td style="border: medium none;" width="10"><br />
</td> <td style="border: medium none;" width="220"><br />
</td> <td style="border: medium none;" width="10"><br />
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<tr> <td style="padding: 0in; width: 427.5pt;" width="570"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="width: 565px;"><tbody>
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<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Tel No:</div></td> <td style="padding: 0in;" valign="top"><div class="MsoNormal">040 23421170,040 23421171</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Fax No :</div></td> <td style="padding: 0in;" valign="top"><div class="MsoNormal">040-23358324</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">Email ID :</div></td> <td style="padding: 0in;"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable"><tbody>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">abdp@andhrabank.co.in; u</div></td> </tr>
<tr> <td style="padding: 0in;" valign="top"><div class="MsoNormal">vijji@gmail.com</div></td> </tr>
</tbody></table></td> </tr>
</tbody></table><div class="MsoNormal"><br />
</div><div class="MsoNormal"><b>About Us</b></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal">Bank commenced offering Depository Services on 2nd January, 2006</div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"><b>Services</b></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal">All kinds of depository services apart from traditional banking and other</div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"><b>Tariffs </b></div></td> </tr>
<tr> <td style="padding: 0in;"><div class="MsoNormal"></div></td> </tr>
<tr> <td style="padding: 0in;"><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="background: none repeat scroll 0% 0% rgb(18, 43, 160); width: 400px;"><tbody>
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<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Statutory Charges at the </div><div class="MsoNormal">time of Account Opening</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs.100/- towards Stamp duty in the state of AP and actuals as applicable from State to State</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt; width: 112.5pt;" valign="top" width="150"><div class="MsoNormal">Advance / Deposit</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> </div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Account Maintenance </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs.300+applicable service tax</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Demat </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs.2/- per certoficate + mailing charges as applicable +applicable service tax</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Remat </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs.15/- for every 100 securities or part thereof or a flat fee of Rs.15/- per certificate whichever is higher and mailing charges +applicable service tax</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Transaction (Debit)</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> 0.04% of market value (per transaction)with a minimum of Rs.20/- + applicable service tax</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Creation </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs.50/- per transaction+ applicable service tax</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Creation confirmation</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs.50/- per transaction+ applicable service tax</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Closure </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs.50/- per transaction+ applicable service tax</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Closure confirmation</div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs.50/- per transaction+ applicable service tax</div></td> </tr>
<tr> <td style="background: none repeat scroll 0% 0% rgb(234, 234, 234); padding: 2.25pt;" valign="top"><div class="MsoNormal">Pledge Invocation </div></td> <td style="background: none repeat scroll 0% 0% white; padding: 2.25pt;" valign="top"><div class="MsoNormal"> Rs.50/- per transaction+ applicable service tax</div></td> </tr>
</tbody></table></td> </tr>
</tbody></table></td> </tr>
</tbody></table></td> </tr>
</tbody></table></td> </tr>
</tbody></table><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US"><a href="http://www.blogger.com/goog_2003601237"><span lang="EN-GB"><br />
</span></a></span></div><div class="MsoNormal"><span lang="EN-US"><a href="http://mydemat.blogspot.com/p/compare-charges_20.html"><span lang="EN-GB">More listed on next page specially chosen ones CLICK HERE</span></a></span></div><div class="MsoNormal"> </div><div class="MsoNormal"><span lang="EN-US">before that you should know what are these fess</span></div><div class="MsoNormal"><span lang="EN-US">Depending on the DP, there may or may not be an opening account fee. Private banks, such as HDFC Bank and UTI Bank, do not have one. However, players such as ICICI Bank, Globe Capital, Karvy Consultants and the State Bank of India to do so. But most players levy this when you re-open a demat account, though the Stock Holding Corporation offers a lifetime account opening fee, which allows you to hold on to your demat account over a long period. This fee is refundable.</span></div><div class="MsoNormal"><span lang="EN-US">Annual maintenance fee</span></div><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US">This is also known as folio maintenance charges, and is generally levied in advance.</span></div><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US">Custodian fee </span></div><div class="MsoNormal"><span lang="EN-US">This fee is charged monthly and depends on the number of securities (international securities identification numbers — ISIN) held in the account. It generally ranges between Rs 0.5 to Rs 1 per ISIN per month. DPs will not charge custody fee for ISIN on which the companies have paid one-time custody charges to the depository.</span></div><div class="MsoNormal"><span lang="EN-US">Transaction fee</span></div><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US">The transaction fee is charged for crediting/debiting securities to and from the account on a monthly basis. While some DPs, such as SBI, charge a flat fee per transaction, HDFC Bank and ICICI Bank peg the fee to the transaction value, subject to a minimum amount. The fee also differs based on the kind of transaction (buying or selling). Some DPs charge only for debiting the securities while others charge for both. The DPs also charge if your instruction to buy/sell fails or is rejected. In addition, service tax is also charged by the DPs.</span></div><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US">In addition to the other fees, the DP also charges a fee for converting the shares from the physical to the electronic form or vice-versa. This fee varies for both demat and remat requests. For demat, some DPs charge a flat fee per request in addition to the variable fee per certificate, while others charge only the variable fee.</span></div><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US">For instance, Stock Holding Corporation charges Rs 25 as the request fee and Rs 3 per certificate as the variable fee. However, SBI charges only the variable fee, which is Rs 3 per certificate. Remat requests also have charges akin to that of demat. However, variable charges for remat are generally higher than demat. Some of the additional features (usually offered by banks) are as follows.Some DPs offer a frequent trader account, where they charge frequent traders at lower rates than the standard charges.Demat account holders are generally required to pay the DP an advance fee for each account which will be adjusted against the various service charges. The account holder needs to raise the balance when it falls below a certain amount prescribed by the DP. However, if you also hold a savings account with the DP you can provide a debit authorisation to the DP for paying this charge.Finally, once you choose your DP, it will be prudent to keep all your accounts with that DP, so that tracking your capital gains liability is easier. This is because, for calculating capital gains tax, the period of holding will be determined by the DP and different DPs follow different methods. For instance, ICICI Bank uses the first in first out (FIFO) method to compute the period of holding. The proof of the cost of acquisition will be the contract note. The computation of capital gains is done account-wise.</span></div><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US">Opening an account </span></div><div class="MsoNormal"><span lang="EN-US">Steps involved in opening a demat account First an investor has to approach a DP and fill up an account opening form. The account opening form must be supported by copies of any one of the approved documents to serve as proof of identity (POI) and proof of address (POA) as specified by SEBI. Besides, production of PAN card in original at the time of opening of account has been made mandatory effective from April 1, 2006.</span></div><div class="MsoNormal"><br />
</div><div class="MsoNormal"><span lang="EN-US">All applicants should carry original documents for verification by an authorized official of the depository participant, under his signature. Further, the investor has to sign an agreement with DP in a depository prescribed standard format, which details rights and duties of investor and DP. DP should provide the investor with a copy of the agreement and schedule of charges for their future reference. The DP will open the account in the system and give an account number, which is also called BO ID (Beneficiary Owner Identification number). The DP may revise the charges by giving 30 days notice in advance. SEBI has rationalised the cost structure for dematerialisation by removing account opening charges, transaction charges for credit of securities, and custody charges vide circular dated January 28, 2005. Further, SEBI has vide circular dated November 9, 2005 advised that with effect from January 9, 2006, no charges shall be levied by a depository on DP and consequently, by a DP on a Beneficiary Owner (BO) when a BO transfers all the securities lying in his account to another branch of the same DP or to another DP of the same depository or another depository, provided the BO Account/s at transferee DP and at transferor DP are one and the same, i.e. identical in all respects. In case the BO Account at transferor DP is a joint account, the BO Account at transferee DP should also be a joint account in the same sequence of ownership</span></div>Unknownnoreply@blogger.com4