It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.
Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories.
Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,
IDBI Capital Market & securities Ltd. also known as IDBI Direct, is a widely known full-service Mumbai based stock broker with integrated banking facilities and is a truly owned subsidiary of IDBI Bank Ltd. It has made a gigantic reputation for itself within the brokerage industry and Indian trading by providing personalized support to their respective clients.
As of today, the company has a net worth of around three billion rupees and over two hundred employees are located across seventeen distinct branches, spread over seventeen cities around the nation.
As a retail broking division of the Indian centric financial services IDBI Capital offering remote-based trading with the help of internet across all the major financial segments such as Equities, F&O, Mutual Funds and Initial Public Offerings.
Also, to help the registered users, as well as investors of the company to swift investment-related decisions and better inform them about their respective online portal by
Charge | Yes Securities | IDBI Direct |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹999 | ₹500 (one-time) |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹500 | ₹450 p.a. |
Charge | Yes Securities | IDBI Direct |
---|---|---|
Plan Name | Invest Value Plan | Standard Plan |
Equity Delivery | 0.45% | 0.50% |
Equity Intraday | 0.05% | 0.05% |
Equity Futures | 0.05%, Intraday - 0.02% | 0.05% |
Equity Options | ₹75 per lot, Intraday - ₹25 per lot | ₹100 per lot |
Currency Futures | 0.05%, Intraday - 0.02% | N/A |
Currency Options | ₹75 per lot, Intraday - ₹25 per lot | N/A |
Commodity Options | N/A | N/A |
Mutual Fund | N/A | N/A |
Segment | Yes Securities | IDBI Direct |
---|---|---|
Equity Delivery | N/A | Nil |
Equity Intraday | N/A | Upto 4x |
Equity Future | N/A | Nil |
Equity Options | N/A | Nil |
Currency Future | N/A | N/A |
Currency Options | N/A | N/A |
Commodity Future | N/A | N/A |
Commodity Options | N/A | N/A |