Sharekhan vs Religare

Sharekhan vs Religare - side-by-side comparison . Compare Sharekhan vs Religare brokerage, charges, exposure margin, demat account. Read Sharekhan vs Religare review.

Detailed comparison Sharekhan vs Religare and find out which is better in Sharekhan vs Religare .

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Sharekhan

Religare

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Sharekhan Religare
Classic Account Standard Plan
Trading Account Opening Fee ₹0 ₹500
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹400 ₹400 (Free for 1st year)
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Sharekhan Religare
Classic Account Standard Plan
Equity Delivery 0.50% 0.50%
Equity Intraday 0.10% 0.05%
Equity Future 0.10% 0.05%
Equity Options ₹100 per lot ₹70 per lot
Currency Futures 0.10% 0.05%
Currency Options ₹30 per lot ₹30 per lot
Monthly Fee NA NA
Commodity 0.10% 0.05%

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Sharekhan Religare
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Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

Sharekhan Religare
Classic Account Standard Plan
Equity Delivery NSE ₹325 | BSE ₹275 ₹370
Equity Intraday NSE ₹325 | BSE ₹275 ₹370
Equity Future * NSE ₹190 | BSE ₹50 ₹400
Equity Options * NSE ₹5000 | BSE ₹50 ₹6000
Currency Futures * NSE ₹135 | MCX ₹130 ₹400
Currency Options NSE ₹4220 | MCX ₹3220 ₹6000

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

Sharekhan Religare
Classic Account Standard Plan
Minimum Brokerage 5 paise per share ₹10 per executed order (max Rs 50 per day)
Call & Trade ₹0 ₹10 per executed order (max Rs 50 per day)
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) Rs 0 ₹12 + ₹5.5 (CDSL) per scrip
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Sharekhan Religare
Classic Account Standard Plan
Trading Platform TradeTiger Terminal, Sharekhan Website and Mobile App Odin Diet web, desktop and mobile app
Placing orders through charts Yes No
Trading Alerts Yes No
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives Yes No
Unique features & Offers Pattern finder,Class room training MF and EMI calculators
Referral Program No NA

Demat Account Charges

Find charges for the best Demat Account for small investors

Sharekhan Religare
Classic Account Standard Plan
Depository Service Provider CDSL CDSL and NSDL
Account Opening Fee

Actual Stamp Paper Charges

NIL

Advance Deposit

₹500 Advance which will be adjusted against billing (Optional)

Tariff D - Deposit ₹2999 (refund of deposit ₹2000 on closure)

₹500

AMC

Scheme A: ₹400,
Scheme B: ₹500,
Scheme C: ₹350,
Scheme D: Nil,
Scheme E: ₹100,
Scheme F: ₹500,
Scheme H: ₹1000,
Scheme G: Nil(holding Value <= ₹50000) or 100(holding Value from ₹50001 to ₹200000)or 400(holding Value >₹200000)

Scheme A, C, E & H: Free for the 1st Year.

Client opting for digital statement: ₹300 per annum

Client opting for physical statement: ₹400 per annum

Dematerialisation Charges

₹5 per certificate (Min ₹50 per request for Tariff A,B,C,D,E,F & H) (Min ₹100 per request for Tariff G )

₹2 per certificate + ₹30 Courier Charges

Rematerialisation Charges

₹50 per certificate or ₹50 for every hundred securities

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

Transaction Charges (Credit) - -
Transaction Charges (debit)

Scheme A & B: Sales through Sharekhan: ₹0 Else 0.03% of value of tran(min ₹30),

Scheme C & D: Sales through Sharekhan ₹6 Per tran Else 0.03% of value of tran(min ₹30),

Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min ₹29, H:min ₹30) Else 0.03% of value of tran(min ₹49),

Scheme F: 0.03% of value of tran(min ₹30),

Scheme G: 0.03% of value of tran(min ₹49)

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

Pledge Creation Charges

0.03 % of the value of the Transaction (Min ₹100 per transaction)

₹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

Pledge Creation Confirmation Charges

Nil

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

Pledge Invocation Charges

Nil

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

Failed Instruction Charges

Nil

Nil

Other Charges
  1. Freeze /De-freeze - ₹25 per request
  2. Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
  3. Client Master changes ₹30 per request for Tariff G

Demat Rejection Charges ₹30 per rejection.

Delivery Instruction Booklet ₹1 per leaflet.

Basic Details

Basic Details of Brokers

Sharekhan Religare
Classic Account Standard Plan
Year of Incorporation 2000 1986
Active Exchange Memberships NSE, BSE, MCX, NCDEX NSE, BSE, MCX, NCDEX
Demat Services CDSL NSDL & CDSL
Website http://www.sharekhan.com https://www.religareonline.com
Contact Details 022-61150000 011-39125000
Total Number of Clients 5,04,796+ 1,54,300+
Total Number of Branches 2900 1500+

Charts and Data

Charts and Data

Sharekhan Religare
Classic Account Standard Plan
Live data source Yes NSE, BSE, MCX
Advanced Charting tools Yes No
Multi-Chart Setup Yes Yes
No.of indicators 30+ 30
No.of charts can be opened 10 2
Live Scanners Yes Yes
Customizable screeners Yes No
Trading from charts Yes No
Compare Symbol performance on Chart No No
Options charts Yes Yes
Continuous futures charts Yes Yes
Intraday historical data for charts 30 days 10 days
End of Day historical data for charts 10 years 5 years
Corporate action adjusted charts No No
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics No No
Price Ladder No No

Leverage

Leverage

Sharekhan Religare
Classic Account Standard Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

Sharekhan Religare
Classic Account Standard Plan
Cover Orders (CO) Yes No
Bracket orders / One Cancels Other (BO / OCO) Yes No
After Market Orders (AMO) Yes No

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Sharekhan Religare
Classic Account Standard Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.50,000 Rs. 2 lakh (for commodity, the charges are Rs 1-2 lakh)

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Sharekhan Religare
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