Things to check before opening an a/c with sharekhan?

[bvpraveen]

Hi,

I'm thinking of opening an account with Sharekhan,
during the first week of next month, for trading and not investing.

1. Can anyone please tell me the type of Sharekhan account that I can open, for low volume trading? (I read that Classic a/c is the best for low volume traders in this section)

2. Can anyone please tell me what are the things I need to ensure before and during opening the Sharekhan account, so that I wont fall into any kind of trap afterwards?

3. If possible, all kinds of charges, from registration to share trading charges.[plz]

Waiting for your reply,
Thanks,
Praveen.

 

[bvpraveen]

Hi,

I found this info from net, but the article was on 5th Dec 2005. Its possible that the charges might be revised.

There is no minimum transaction size. Our account opening charges are Rs 750, and brokerage charges are 0.50 per cent for delivery-based transactions and 0.10 per cent for trading. There are also volume-based charges. Demat charges (annual maintenance charges) come to Rs 300, which is waived for the first year. There are no demat charges on share debit/credit.

Praveen.