RELIGARE DEMAT ACCOUNT

Incorporated in 1986, Religare Securities Ltd (RSL) is a subsidiary of Religare Enterprises Limited, New Delhi based diversified financial group. Religare Securities offers retail broking, depository services and other related investment services to customers located across India. Religare has physical presence in over 500 cities though its branches and sub-brokers. This makes Religare one of the largest brick and mortar stock broker offering personalize services to over 10 lakh customers. The services offered by Religare includes trading in equity, equity derivatives, currency derivatives, commodity, demat account and its related services, Mutual Funds, NCD, IPO ect. Religare is member of BSE, NSE, MCX and NCDEX exchanges. Religare offers demat account service through NSDL and CDSL. Online Trading though its installable trading terminal, website and mobile trading application are the latest push from the broker to cater do-it-yourself type of customers. Religare offers one of the best online trading platform in India stock market.

RELIGARE DEMAT ACCOUNT OPENING FEE

To open a new demat account with Religare, customer has to pay demat account opening fee. Most share brokers also charge Annual Maintenance Charges (AMC). AMC is yearly fee charged to the customer to maintain the demat account with the broker. Find the Religare Demat Account Opening Charges and Religare AMC as below:

  • Religare DP Account Opening Fee: Nil: ₹0 (Free)
  • Religare DP Account AMC: ₹400 from second year onward
  • Share Debit Transaction Fee: 0.03% or ₹30 whichever is higher
  • Is demat account mandatory?: No : No

HOW TO OPEN RELIGARE DEMAT ACCOUNT

To trade in stock or commodity exchanges in India, customer need a trading account. Religare offers trading and demat account combo which offers seamless transactions between these two accounts.

You can open an account with Religare two way:

Online Account Opening – The fastest and most preferable way of account opening which takes just few minutes. With the PAN Number provided, most of customer information is pulled from centralized eKYC systems and filled in the form automatically.

Visiting Branch of Religare – Alternatively you could also visit Religare branch or call them to arrange a form pickup from home.

Read Religare Account Opening Process Review to find information about Religare broker, Religare branches, Religare sub broker, Religare support, Religare customer care, Religare user reviews, Religare user manual, Religare website, Religare review and Religare toll free number

RELIGARE DEMAT ACCOUNT CHARGES

Religare Depository Service Charges for Resident Retail Customers
Sr Services (CDSL) Charges
1 Account Opening Charges Nil
2 Annual Maintenance Charges (AMC) ₹400 p.a.
3 Credit Nil
4 Debit
Delivery Given to Religare Pool/Margin Account ₹12 for Client with POA / ₹25 for Client without POA
Delivery Given to any other Account ₹30 per debit or 0.02% of the value of transaction whichever is higher
5 Demat Processing Charges ₹2 per certificate
6 Conversion of Mutual Fund units represented by SOA into Demat ₹20 per request
7 Courier Charges for Demat/Remat/Repurchase/ Redemption ₹30 per request
8 Conversion of Mutual Fund units represented by SOA/Reconversion of Mutual Fund units into SOA ₹30 per request
9 Demat Rejection Charges ₹30 per rejection
10 Rematerialisation/Repurchase/Redemption of Mutual Fund/Reconversion of Mutual Fund units into SOA Charges ₹20 per request + NSDL Charges
11 Pledge Creation/ Closure/ Confirmation/ Invocation ₹50 per request or 0.02% of the value of securities whichever is higher
12 Freeze/Unfreeze Instruction ₹50 per request
13 Delivery Instruction Booklet ₹1 per leaf

OPEN ACCOUNT IN RELIGARE IN 2 EASY WAY

1. Religare Insta Account (Online Account Opening)

2. Visit Religare Branch or Sub-broker office


To open an account with Religare for trading, follow one of the steps:

  1. Religare Insta AccountReligare offers online instant account opening process through eKYC (Electronic Know Your Customer). 5 Steps involve in Insta Account Opening process includes:
  • Free trading through Phone (Dial-n-Trade)
  • Profile Creation
  • Bank & Income Details
  • Trading & Product Plan
  • Document Upload
  1. Visit Local Branch or Sub-broker OfficeVisit your nearest branch office of a Religare or its sub-broker to open an account. If you call them, they will also arrange a personal visit to your home for account opening.