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Religare Broking vs Sharekhan (Compare Religare Broking and Sharekhan)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Religare Broking vs Sharekhan, Below comparison of Religare Broking vs Sharekhan highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Religare Broking vs Sharekhan is given below:

Religare Broking Sharekhan
About The Brokers
Religare Broking :

"RSL is one of the market leading securities firms in India serving over 8 lakh clients across both Offline and Online platforms. Through its extensive branch network    >>> more

Sharekhan :

"Sharekhan is one of the pioneers of online trading in India. It offers a broad range of financial products and services including securities brokerage, mutual fund di   >>> more

Find More Information about the Broker :
Religare Broking :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Sharekhan :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Religare Broking :
 Full Service Broker
Sharekhan :
 Full Service Broker
Promo/offers
Religare Broking :
N/A
Sharekhan :
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
Advantage
Religare Broking :
  • It provides Instant discount plan.
  • Easy to use experience on the app and online trading
  • You can fund your account through physical cheque submission in the branch
  • They have a research plan for more than 300 companies
  • Derivatives trading, NRI services, mutual funds, IPOs, and online life insurance.
  • Multiple Registration bank account facility is available
  • Daily trading confirmation calls
Sharekhan :
  •  Free call and trade facility.
  •  Huge Branch & Partner network
  •  User-friendly website and easy to use trading platform
  •  Registered with both the exchanges - BSE and NSE.
  •  Provides you with the opportunity of commodity trading.
  •  The fixed deposit can be used as collateral for future and option trading.
  •  Sharekhan doesn't charge for DP transactions.
  • Sharekhan offers online and classroom training, seminars and workshops to investors. 
  • No charges for Online funds transfer .
  •  Provides services of dedicated Relationship Managers.
Disadvantage
Religare Broking :
  • Can be improved on the transparency of fees, brokerage and other charges.
  • High Brokerage charges
  • Minimum Brokerage charged
  • No Live Chat Facility
Sharekhan :
  •  Offer only 2-in-1 account.
  •  Shraekhan charges comparatively high brokerage.
  •  Minimum brokerage of 10 paisa is being charged per stock basis.
  •  Trading after market hours is not allowed.
  •  Classic account holders cannot trade commodities.
Why This
Religare Broking :
  • Religare is registered at both, National Stock Exchange and Bombay Stock Exchange. Also, provide products such as Equities, Currencies, Commodities, IPOs, Mutual Funds, Bonds/NCDs through NSE, BSE, MCXSX, USE.
  • Religare has been appreciated by various organizations for its top–class services and contributions to the industry.
  • Religare provides some of the best facilities in research. For example – It provides an easily accessible platform for stock market research called Tech scan.
  • It covered a significant part of India through its outlets and partnered with ten banks for providing various services to its clients
  • Dedicated Branch & Relationship manager
Sharekhan :
  •  Pan India Presence over 170 branches & 2300+ Franchise partners.
  •  DP transaction facility is available without any cost.
  •  Sharekhan allows fixed deposit as collateral for Future & Options.
  •  At Sherkhan you can Trade through call & trade service.
  •  Provide you scope to widen your portfolio by investing in Equities, IPO, Mutual Funds, ETFs, Commodities, F&O
Open Account

Religare Broking vs Sharekhan Account Opening & AMC Charges

Religare Broking Trading Account Opening Fee is Rs 500 and Sharekhan Trading Account Opening Fee is Rs 0 (Free) . Religare Broking Demat Account AMC is Rs 400 from second year onward and Sharekhan Demat Account AMC is Rs 400 (Free for 1st year) .

Religare Broking Sharekhan
Trading Account Opening Fee Trading Account Opening Fee :

Rs 500

Trading Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee Demat Account Opening Fee :

Nil

Demat Account Opening Fee :

Rs 0 (Free)

Demat Account AMC Demat Account AMC :

Rs 400 from second year onward

Demat Account AMC :

Rs 400 (Free for 1st year)

Trading Account AMC Trading Account AMC :

Nil

Trading Account AMC :

Rs 0 (Free)

Open Account Open Account

Religare Broking vs Sharekhan Brokerage Charges

Religare Broking Brokerage Charges Equity Delivery is 0.50% to 0.10% and Equity Intraday is 0.050% to 0.010% and Equity Options is Rs 70 per lot . Sharekhan Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.10% and Equity Options is Rs 50 per lot .

Religare Broking Sharekhan
Plan Name Plan Name :

Standard Plan

Plan Name :

Classic Account

Plan Name :

Sharekhan Prepaid

Equity Delivery Equity Delivery :

0.50% to 0.10%

Equity Delivery :

0.50%

Equity Delivery :

0.10%

Equity Intraday Equity Intraday :

0.050% to 0.010%

Equity Intraday :

0.10%

Equity Intraday :

0.015%

Equity Future Equity Future :

0.05%

Equity Future :

0.10%

Equity Future :

0.015%

Equity Options Equity Options :

Rs 70 per lot

Equity Options :

Rs 50 per lot

Equity Options :

0.05% or Rs 63 per lot

Currency Futures Currency Futures :

0.05%

Currency Futures :

0.10%

Currency Futures : -
Currency Options Currency Options :

Rs 30 per lot

Currency Options :

Rs 30 per lot

Currency Options : -
Monthly Fee Monthly Fee : - Monthly Fee : - Monthly Fee :

Rs 1,00,000 per year

Margin Trading Margin Trading :

0.025%

Margin Trading : - Margin Trading : -
Commodity Futures Commodity Futures :

0.05%

Commodity Futures :

0.03%

Commodity Futures : -
Commodity Options Commodity Options :

Rs 30 per lot

Commodity Options :

0.03%

Commodity Options : -
Open Account Open Account

Religare Broking vs Sharekhan Exchange Transaction Charges

Religare Broking Exchange Transaction Charges Equity Future is 0.004% and Equity Options is 0.06% on Premium . Sharekhan Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) .

Religare Broking Sharekhan
Equity Delivery Equity Delivery :

0.0037%

Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)

Equity Intraday Equity Intraday :

0.0037%

Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)

Equity Future * Equity Future :

0.004%

Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side)

Equity Options * Equity Options :

0.06% on Premium

Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium)

Currency Futures * Currency Futures :

0.004%

Currency Futures :

NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%)

Currency Options Currency Options :

0.06% on Premium

Currency Options :

NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium)

Commodity Commodity :

0.0035%

Commodity :

MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%)

Open Account Open Account

Religare Broking vs Sharekhan Other Charges

Religare Broking Minimum Brokerage is 1p per share and Call & Trade is Rs 10 per executed order (max Rs 50 per day) . Sharekhan Minimum Brokerage is Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share and Call & Trade is Rs 20 .

Religare Broking Sharekhan
Minimum Brokerage Minimum Brokerage :

1p per share

Minimum Brokerage :

Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share

Call & Trade Call & Trade :

Rs 10 per executed order (max Rs 50 per day)

Call & Trade :

Rs 20

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹12 + ₹5.5 (CDSL) per scrip

DP Charges (on sell side) :

Rs 0

Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges : -
Open Account Open Account

Religare Broking vs Sharekhan Features

Religare Broking and Sharekhan both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

Religare Broking Sharekhan
Trading Platform Trading Platform :

Odin Diet, Web, Dynami

Trading Platform :

TradeTiger, Sharekhan Mobile

Placing orders through charts Placing orders through charts :

No

Placing orders through charts :

Yes

Trading Alerts Trading Alerts :

No

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips : - Research and Advice / Trading Tips :

Yes

Detailed Education Initiatives Detailed Education Initiatives :

No

Detailed Education Initiatives :

Yes

Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program : - Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

Yes

Margin Against Shares (Equity F&O) :

Yes

Open Account Open Account

Religare Broking vs Sharekhan Demat Account Charges

A comparative table of various demat account charges between Religare Broking and Sharekhan is below:

Religare Broking Sharekhan
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

NIL

Account Opening Fee :

Actual Stamp Paper Charges

Advance Deposit Advance Deposit :

Rs 500

Advance Deposit :

Rs. 500 Advance which will be adjusted against billing (Optional)

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

AMC AMC :

  1. Client opting for digital statement: Rs 300 per annum
  2. Client opting for physical statement: Rs 400 per annum

AMC :

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

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

Dematerialisation Charges Dematerialisation Charges :

Rs 2 per certificate + Rs 30 Courier Charges

Dematerialisation Charges :

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

Rematerialisation Charges Rematerialisation Charges :

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

Rematerialisation Charges :

Rs 50 per certificate or Rs 50 for every hundred securities

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

  1. Delivery given to Religare Pool Account: Rs 15 (Client with POA Religare), Rs 25 (Client without POA Religare)
  2. Any other Account: Rs 30 per debit or 0.02% of the value of transaction whichever is higher

Transaction Charges (debit) :

  1. Scheme A & B: Sales through Sharekhan: Rs 0 Else 0.03% of value of tran(min Rs 30),
  2. Scheme C & D: Sales through Sharekhan Rs 6 Per tran Else 0.03% of value of tran(min Rs 30),
  3. Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min Rs
  4. 29,H:min Rs 30) Else 0.03% of value of tran(min Rs 49),
  5. Scheme F: 0.03% of value of tran(min Rs 30),
  6. Scheme G: 0.03% of value of tran(min Rs 49)

Pledge Creation Charges Pledge Creation Charges :

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

Pledge Creation Charges :

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

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

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

Pledge Creation Confirmation Charges :

Nil

Pledge Invocation Charges Pledge Invocation Charges :

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

Pledge Invocation Charges :

Nil

Failed Instruction Charges Failed Instruction Charges :

Nil

Failed Instruction Charges :

Nil

Other Charges Other Charges :

  1. Demat Rejection Charges Rs 30 per rejection.
  2. Delivery Instruction Booklet Rs 1 per leaflet.

Other Charges :

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

Open Account Open Account

Religare Broking vs Sharekhan Basic Details

Religare Broking Year of Incorporation is 1994 and Total Number of Clients is 167249 and Total Number of Branches is 1500 . Sharekhan Year of Incorporation is 2000 and Total Number of Clients is 757371 and Total Number of Branches is 2800 .

Religare Broking Sharekhan
Year of Incorporation Year of Incorporation :

1994

Year of Incorporation :

2000

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX, NCDEX

Active Exchange Memberships :

NSE, BSE, MCX, NCDEX

Demat Services Demat Services :

Yes

Demat Services :

Yes

Website Website : https://www.religareonline.com Website : http://www.sharekhan.com
Contact Details Contact Details :

011-39125000

Contact Details :

022-61150000

Total Number of Clients Total Number of Clients :

167,249

Total Number of Clients :

757,371

Total Number of Branches Total Number of Branches :

1500

Total Number of Branches :

2800

Products * Products : - Products :

Investment banking, institutional broking

Open Account Open Account

Religare Broking vs Sharekhan Orders

Orders

Religare Broking Sharekhan
Cover Orders (CO) Cover Orders (CO) :

No

Cover Orders (CO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

No

Bracket orders / One Cancels Other (BO / OCO) :

Yes

After Market Orders (AMO) After Market Orders (AMO) :

No

After Market Orders (AMO) :

Yes

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

Yes

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

Yes

Good Till Cancelled (GTC) :

Yes

Open Account Open Account

Religare Broking vs Sharekhan Research and Advice / Trading Tips

Research and Advice / Trading Tips

Religare Broking Sharekhan
Equity Trading Recommendation * Equity Trading Recommendation : - Equity Trading Recommendation :

Yes

Equity Investment Recommendation * Equity Investment Recommendation : - Equity Investment Recommendation :

Yes

Recommendation basis risk Profile * Recommendation basis risk Profile : - Recommendation basis risk Profile :

Yes

Comparison * Comparison : - Comparison :

Yes

Free Tips * Free Tips :

Yes

Free Tips :

Yes

Daily Market report * Daily Market report :

Yes

Daily Market report :

Yes

ETF research * ETF research : - ETF research :

Yes

Quarterly Results * Quarterly Results :

Yes

Quarterly Results :

Yes

Open Account Open Account

Religare Broking vs Sharekhan Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Religare Broking Sharekhan
Availability for franchisee / AP Availability for franchisee / AP :

Yes

Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP :

Rs. 2 lakh (for commodity, the charges are Rs 1-2 lakh)

Investment required for Franchisee / AP :

Rs.50,000

Open Account Open Account

Religare Broking vs Sharekhan Product & Services

Religare Broking and Sharekhan both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

Religare Broking Sharekhan
Delivery Based Trading * Delivery Based Trading : - Delivery Based Trading :

Yes

Margin Trading * Margin Trading : - Margin Trading :

Yes

Call in Trade * Call in Trade : - Call in Trade :

Yes

Trading in Both the exchanges * Trading in Both the exchanges : - Trading in Both the exchanges :

Yes

Limit Order * Limit Order : - Limit Order :

Yes

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account : - 3-in-1 On-line Trading Account :

No

NRI Services * NRI Services : - NRI Services :

Yes

SMS Alerts * SMS Alerts :

Yes

SMS Alerts :

Yes

Offers Multiple Plan * Offers Multiple Plan : - Offers Multiple Plan :

Yes

IPO Investment * IPO Investment : - IPO Investment :

Yes

Portfolio Analysis * Portfolio Analysis : - Portfolio Analysis :

Yes

Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator : - Brokerage Calculator :

No

Margin Calculator * Margin Calculator : - Margin Calculator :

No

Stop Loss Order * Stop Loss Order : - Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss : - Bracket Orders & Trailing Stop Loss :

Yes

Equity Future & Option Trading * Equity Future & Option Trading : - Equity Future & Option Trading :

Yes

Currency Future & Option Trading * Currency Future & Option Trading : - Currency Future & Option Trading :

Yes

Market Trading * Market Trading : - Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan : - Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading : - Aumtomated Trading :

No

Open Account Open Account

Religare Broking vs Sharekhan Customer Services

Religare Broking and Sharekhan both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

Religare Broking Sharekhan
Toll Free Number * Toll Free Number : - Toll Free Number :

Yes

Live Chat Facility * Live Chat Facility : - Live Chat Facility :

Yes

Email Facility * Email Facility : - Email Facility :

Yes

Branch Offices * Branch Offices : - Branch Offices :

Yes

Customer Care * Customer Care : - Customer Care :

Yes

Community Service * Community Service : - Community Service :

Yes

Relationship Manager * Relationship Manager : - Relationship Manager :

Yes

24/7 Support * 24/7 Support : - 24/7 Support :

No

Open Account Open Account

Religare Broking vs Sharekhan Other Investement

Religare Broking and Sharekhan both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

Religare Broking Sharekhan
Commodity Trading * Commodity Trading : - Commodity Trading :

Yes

Investment in ETFs * Investment in ETFs : - Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds : - Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds : - Investment in Bonds :

Yes

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments : - Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services : - Insurance Services :

No

Banking Services * Banking Services : - Banking Services :

No

Open Account Open Account

Religare Broking vs Sharekhan Trading Platform

Religare Broking and Sharekhan both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

Religare Broking Sharekhan
Web Platform * Web Platform : - Web Platform :

Yes

Android Mobile App * Android Mobile App : - Android Mobile App :

Yes

Desktop Windows * Desktop Windows : - Desktop Windows :

Yes

Desktop Mac * Desktop Mac : - Desktop Mac :

No

I-Pad App * I-Pad App : - I-Pad App :

Yes

Virtual Trading * Virtual Trading : - Virtual Trading :

Yes

iPhone Mobile App * iPhone Mobile App : - iPhone Mobile App :

Yes

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Open Account Open Account

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