SBIcap Securities vs Prabhudas Lilladher Comparison: 2024
About SBIcap Securities
SBI cap securities is the broking arm of the decades old and one of the top financial bodies SBI Capital Market ltd. Having the leverage of such an influential bank as a parent body, SBI Securities Ltd. or SSL is one of the leading stock brokers in India. They deal with a variety of depository participant (DP) services as well as equity, derivatives, broking and E-broking services to cater to both national and NRI clientele. SSL has been assigned the title of 'BQ1' (The Highest grade) by CRISIL for its operational qualities and services.
SBI Cap Securities: Overview
Founded in 2006 by Arun Mehta, SSL is a Mumbai-based Full service broker which offers trading in Equity delivery, Equity intraday, Commodity options, Equity futures, Equity options, Currency options and Currency futures. The minimum broking charge is Rs.10 per transaction.
It offers a 3-in-1 account feature, like other financial broking firms for direct
About Prabhudas Lilladher
Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.
PL India: Formation & Glimpse
Shahrukh Khan is a legend in the Indian film industry. We all know his name and movies irrespective of our age and liking. Did you know that there are legendary pioneers in financial markets as well?
That brings us to today’s topic, "Prabhudas Lilladher".
Let us start by answering the first question: Who is Prabhudas Lilladher?
Prabhudas Lilladher or more popularly known as PL India is one of the oldest stockbroking houses in India. The company was registered in the year 1944 by Prabhudas Lilladher as a stock broking company in India.
But, over the years the company has seen a gradual growth and expanded to become a one-stop-shop for companies all financial needs.
The company’s headquarters is at Mumbai but it has spread its presence in over 30+ cities of India.
Moreover, PL India is
SBIcap Securities vs Prabhudas Lilladher Account Opening Charges: 2024
| Charge | SBIcap Securities | Prabhudas Lilladher |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹850 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹350 | ₹250, free for 1st year |
SBIcap Securities vs Prabhudas Lilladher Brokerage Charges and Plans : 2024
| Charge | SBIcap Securities | Prabhudas Lilladher |
|---|---|---|
| Plan Name | eZ-trade Plan | N/A |
| Equity Delivery | 0.50% | 0.2% |
| Equity Intraday | 0.05% | 0.02% |
| Equity Futures | 0.05% | 0.02% |
| Equity Options | ₹100 per lot | 0.02% |
| Currency Futures | 0.03% | 0.02% to 0.01% |
| Currency Options | ₹30 per lot | ₹15 per Lot |
| Commodity Options | NA | 0.02% |
| Mutual Fund | N/A | N/A |
SBIcap Securities vs Prabhudas Lilladher Margin / Exposure: 2024
| Segment | SBIcap Securities | Prabhudas Lilladher |
|---|---|---|
| Equity Delivery | 2x | N/A |
| Equity Intraday | Upto 5x | N/A |
| Equity Future | Nil | N/A |
| Equity Options | Nil | N/A |
| Currency Future | Nil | N/A |
| Currency Options | Nil | N/A |
| Commodity Future | N/A | N/A |
| Commodity Options | N/A | N/A |