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Religare Vs Mangal Keshav - Broker Comparison

Account Opening & AMC Charges

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Religare Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Trading Account Opening Fee ₹500 NULL
Trading Account AMC ₹0 NULL
Demat Account Opening Fee ₹0 NULL
Demat Account AMC * ₹300 NULL

Brokerage Charges

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Religare Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Monthly Fee NA NULL
Equity Delivery 0.50% 0.30%
Equity Intraday 0.05% 0.03%
Equity Future 0.05% 0.03%
Equity Options ₹70 per lot ₹100 per lot
Currency Futures 0.05% 0.03%
Currency Options ₹30 per lot 0.03%
Commodity 0.05% -

Transaction Charges (Per Crore)

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Religare Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Equity Delivery ₹370 ₹325 Per Cr
Equity Intraday ₹370 ₹325 Per Cr
Equity Future * ₹400 ₹190 Per Cr
Equity Options * ₹6000 ₹5000 Per Cr
Currency Futures * ₹400 ₹110 Per Cr
Currency Options ₹6000 ₹4000 Per Cr

Other Charges

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Religare Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Minimum Brokerage 1 paisa per share Null
Call & Trade - Null
DP Charges (on sell side) ₹12 + ₹5.5 (CDSL) per scrip Null
Other Miscellaneous Charges - -

Demat Account Charges

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Religare Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Depository Service Provider CDSL CDSL
Account Opening Fee

NIL

 NIL
Advance Deposite

₹500

 Deposit Scheme? ₹1000/- where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunded.
AMC

Client opting for digital statement: ₹300 per annum

Client opting for physical statement: ₹400 per annum

 Scheme

A: ₹750/- Individual Scheme

B: ₹199/- Individual Scheme

C: ₹500/- NRI Scheme

D:₹199/- Plus CDSL Charges for Corporate
Dematerialisation Charges

₹2 per certificate + ₹30 Courier Charges

 ₹ 150/- Inclusive of Courier Charges + ₹ 100/- Per Certificate
Rematerialisation Charges

₹20 per certificate + CDSL Charges + ₹30 Courier Charges

 Upfront ₹ 150/- plus CDSL Charges Inclusive of Courier Charges + ₹ 100/- Per Certificate
Transaction Charges (Credit) - -
Transaction Charges (debit)

Delivery given to Religare Pool Account: ₹15 (Client with POA Religare), ₹25 (Client without POA Religare)

Any other Account: ₹30 per debit or 0.02% of the value of transaction whichever is higher

 0.05% On the Value of the Debit Transactions with Minimum ₹100/-
Pledge Creation Charges

₹50 per request or 0.02% of the value of securities whichever is higher

₹50 per request or 0.02% of the value of securities whichever is higher

 Charge Charged By the Depository + 0.02% On the Value of the Application
Pledge Creation Confirmation Charges

₹50 per request or 0.02% of the value of securities whichever is higher

 NIL
Pledge Invocation Charges

₹50 per request or 0.02% of the value of securities whichever is higher

 Charge Charged By the Depository + 0.02% On the Value of the Application
Failed Instruction Charges

Nil

 NIL
Other Charges

Demat Rejection Charges ₹30 per rejection.

Delivery Instruction Booklet ₹1 per leaflet.

 NIL

Features

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Religare Mangal Keshav Securities LTD.
Standard Plan Basic Plan
Trading Platform Odin Diet ODIN Diet

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FAQs

Do I need to maintain any minimum balance in my ProStocks Trading Account?

No, there is no minimum balance / margin requirement while opening trading account with ProStocks. You only need to pay Rs 1000 as refundable deposit for demat account.  Later on, you can transfer funds as per your trading requirements.

How much stamp duty I have to pay as a Maharashtra or a Rajasthan client?

We are charging .01% or Max Rs 50 per day as stamp duty except clients with Maharashtra and Rajasthan address. Maharashtra and Rajasthan clients pay .01% for Delivery and .002% for Intraday, Equity F&O and Currency Derivatives.

Stamp Duty regulation has changed from 1st July 2020

Read more for RECENT STAMP DUTY RELATED CHANGES

Need Help?

Mumbai Office:
B-50, Pravasi Estate, Goregaon (East), Mumbai - 400063

Call us on +91 22 62 43 43 43 / +91 22 46 60 77 77

Email: [email protected]

Sunlight Broking LLP
Registered Office:
327, Govindam Tower, Old RTO Road, 3rd Floor, Gandhi Nagar, Bhilwara, Rajasthan, India 311001

Registration Numbers:
SEBI Regn. No.: INZ000048660 INDP2802016 | BSE Member code: 6635 | NSE Member code: 90084 | CDSL DP ID: 12083200 | AMFI Registration No (ARN): 119535

Attention Investors

Prevent unauthorized transactions in your demat account. Update your mobile number with your depository participant. Receive alerts on your registered mobile number for debit and other important transactions in your demat account directly from CDSL on the same day.
Prevent unauthorized transactions in your trading account. Update your mobile numbers/email address with your stock brokers. Receive information of your transactions directly from the Exchange on your mobile/email at the end of the day. This is issued in the interest of investors.
Client Registration Documents in Vernacular Languages can be download from here.
Facility of Clearing Corporation for verification of Client Collaterals , please register on this link
Investment in stock market are subject to market risk.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
KRA-KYC is one time exercise while dealing in securities markets - once KRA-KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund, etc...), you need not undergo the same process again when you approach another intermediary. As a business we don't give stock tips, and have not authorized anyone to trade on behalf of others. If you find anyone claiming to be part of Sunlight Broking LLP and offering such services, please send us an email to [email protected]

Procedure to file a complaint on SEBI SCORES: Register on SCORE portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances

Investor Grievance: NSE | BSE | SCORE | SMARTODR | CDSL | [email protected]

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