Geojit - Charges

Discussion in 'Brokers & Trading Platforms' started by latheef, Apr 8, 2007.

  1. latheef

    latheef New Member

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    Dear friends,

    I want know the brokerage and other charges about Geogit.
    Any Anual Maitenance charge ?

    Is it cheaper ? - Pls Suggest.

    Thanks
     
  2. sivavkm

    sivavkm Member

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    Location:
    Kuwait
    As on 7-April-2007
    Schedule - A
    Fee Structure for Depository Services -Securities
    1. Account Opening Charges : Nil
    2. Dematerialisation charges : Nil + courier charges @ Rs.35/-
    3. Rematerialisation charges : Rs.10/- per certificate + courier charges of
    Rs.35/- per scrip
    4. Custody Charges : Nil
    5. Transaction Charges
    A Market trades
    a) For transaction through Geojit
    Debit (sales) : Rs.16/- per transaction if the delivery is through DIS or POA without DCN
    : Rs 11/- per transaction if the delivery is through POA/Speed-e with DCN
    Credit (purchase) : Nil
    Late Delivery of Slips (Received on the payin day) will be charged @ Rs 25/- per Transaction
    b) For transaction through other brokers
    Debit (sales) : Rs 50/- per transaction
    Credit : Nil
    B Off Market Trades
    Debit (sales) : Rs. 15/- per transaction (if both accounts are with Geojit)
    : Rs. 50/- per transaction for others
    Credit : Nil
    6. Pledge charges #
    Pledge creation : Rs.50/- per transaction
    Pledge closure : Nil
    Pledge invocation : Rs.100/- per transaction
    7. Annual Maintenance Charges :
    1. Resident Accounts : Rs. 300/- (Existing Clients),DCN Clients: Rs.250/-(Not Applicable in first FY for new clients)
    New Clients:Rs.300/- payable equally in 4 Quarterly Installments of Rs.75/- each
    2. NRI Clients using electronic communication(DCN) : Rs.300/-(Not Applicable in first FY/quarter for New clients)
    3. NRI Clients not using electronic communication : Rs. 1500/-
    Speed-e Advance : Rs. 1000/- for clients who trade with other brokers.
    Speed-e AMC : Rs. 100/-
    Additional printout of statements will be charged @Rs. 25/- per statement per account
    1.Stamp charges are applicable in Account Opening.
    2.All charges are inclusive of Service Tax as applicable
     
  3. latheef

    latheef New Member

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    Thanks Mr. Sivavkm.
     
  4. latheef

    latheef New Member

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    Dear Sivavkm,

    Thanks for your info about charges. You have any idea about their (geojit)
    brokerage especially NRIs.
     
  5. latheef

    latheef New Member

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    Dear Sivavkm,

    Thanks for your info about charges. Do you have any idea about
    their (geojit ) brokerage for NRIs.

    Reply
     
  6. Zee

    Zee New Member

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    Dear Sivavkm,

    Am residing in Kuwait. I want to start trading & need some advise re demat a/c and PAN card. Is it possible for me to contact you on your e-mail? Hope I am not being too presumptuous in asking you this favor. Thanks in advance for your assistance.

    zee
     

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