About best DEMAT A/c

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CMA Pragyanand

CMA Pragyanand (Querist)
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11 June 2011 Sir,
I need to know, which is the best DEMAT A/c amongst all.
Thanks in advance

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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13 June 2011 PLEASE INFORMATION IS BELOW : YOUR DECISION IS UPPER.

A/C OPEN CHARGES IS NIL & Account Maintenance Charges IS : Rs. 400/-per year (Rs.350/- if you choose email statement.

Dematerialisation Charges:
Rs. 35/- for each request form, +Rs.2/- for each certificate.

Rematerialisation Charges:
Rs. 25/- for each request form.

HDFC BANK :

Account OPENING CHARGES IS NIL
Maintenance Charges Rs. 500/-per year.
Dematerialisation Charges:
Rs. 35/- per request form+ Rs. 3/- per certificate.
Rematerialisation Charges:
Rs. 10/- per certificate.

CITIBANK :ACCOUNT Maintenance Charges
Rs. 250/-per year
Dematerialisation Charges:

Rs. 50/- per request form.

Rematerialisation Charges:
Rs. 50/- per request form.

SHAREKHAN :
ACCOUNT Maintenance ChargesRs. 75/- per quarter.

Dematerialisation Charges :

Rs. 15/- per request OR Rs. 3/- per certificate, whichever higher.

Rematerialisation Charges :
Rs. 25/- or 0.12% of value, whichever higher

ICICI DEMAT A/C:
ACCOUNT Maintenance Charge Rs. 500/-
per year (Rs. 450 if you choose email statement.

Dematerialisation Charges:
Rs.35/- per request form + Rs. 2/- per certificate

Rematerialisation Charges:
Rs. 20/- per request form.

CONDITIONS ADD : *Min Rs.10/- for e-instruction, Min Rs.30/- for instructions through branches.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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13 June 2011 EXCEPT IT

Additional Statements Charges

SBIDemat Account: By courier: Rs. 30/-,
By email: NIL
Account Closing Charges :- NIL

HDFC: Rs. 25/- (inland)
Rs. 500/- foreign

SHAREKHAN :
Account Closing Charges :- NIL

Additional Statements Charges:
Rs.10/- upto 10 pages. For every extra page, Rs.3/-
Account Closing Charges: RS. 100.00

ICICI:
Additional Statements Charges :20/-
Account Closing ChargesRs: NIL

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