Review & Brokerage Of Aditya Birla Money


Aditya Birla Money Limited. (ABML) is a subsidiary of Aditya Birla Capital Ltd.

Aditya Birla Money is listed on BSE & NSE since 2008.

Aditya Birla Money is currently engaged in the business of stock broking and it is registered as a share broker with SEBI.

It offers equity and derivatives trading through BSE & NSE.

It also holds PMS license from SEBI and offers portfolio management services to their client in PAN India.

Also Read : Best Full Service Stock Brokers In India


Brokerage Of Aditya Birla Money

Segment Brokerage Rate
Delivery 0.30%
Intraday 0.03%
Futures 0.03%
Options Rs.50 Per lot
These brokerage rates are the standard rates offered

Account Opening Schemes

  • A/C opening Charge: Rs.750
  • Online cum Offline trading & Demat A/C
  • Margin Cheque : Preferred, not mandatory

Trading customer scheme :

  • Applicable to customers who has a equity trading account with any of the brokers
  • Free account opening
  • Margin cheque of minimum Rs.5000 mandatory
  • Contract note or any proof that the customer has traded at least once in last 3 months is required

Aditya Birla Group Employee scheme

• Applicable to employees of the Birla group companies
• Account opening fee is Zero
• Margin cheque of minimum Rs.1000 mandatory. Stamp duty of Rs.200 to be debited.
• Proof of employment ( ID card / Employer letter ) mandatory

Portfolio scheme :

  • Applicable for clients who have a minimum portfolio of Rs. 5 lakh in any in of the investment alternative like PPF, Insurance etc.
  • Account opening fee is Zero

Margin cheque scheme :

  • Applicable for clients who give margin cheque of at least Rs.50K along with A/c opening form (AOF)
  • Account opening fee is Zero

PMS customer scheme :

  • Free account opening
  • Margin cheque of minimum Rs.5000 mandatory
  • Personal manager
  • No locking period
  • 3% per month return in share market and Annualized Gross return 4-5% Per month

Documents Required

  1. Copy of PAN card
  2. Proof of Residence :
    • Copy of Passport or
    • Driving License or
    • Bank Statement ( not older than 2 months ) or
    • Electricity bill ( not older than 2 months ) or
    • Voter ID
  3. Bank account proof :
    • Bank statement of six months or a cheque with proposed margin
    • Two passport size photographs

Advantages Of Aditya Birla Money Trading A/c

• Trading cum Demat account
• Trade online and also through a dealer
• Facility to link multiple bank accounts
• Link multiple Demat accounts
• Trade in Equities, Derivatives, Commodities & Currency trading
• Buy today – Pay tomorrow
• No locking period
• Buy today – Sell tomorrow on more than 500 scrips
• Exposure against margins on trading upto 20 times in intraday and upto 8 times in delivery.
• Lowest transaction & maintenance costs on Demat account.
• Highly competitive brokerage charges.
• Annual maintenance charges in 1st year are free.

  1. Provide facility of portfolio manages the fund of the client actively.
  2. Daily and intraday research calls
    • Premarket, Intraday, Weekly, Long term recommendations
    • Covers about 240 stocks every month
  3. Success rate of around 75% on all intraday calls covered between October 2008 to March 2009

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elan
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elan

i want annual maint. charges for demate for trading cum deamate a.c

patrz
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patrz

It is the best time to make a few plans for the future and it is time to be happy. I have read this post and if I could I want to suggest you some interesting things or tips. Perhaps you could write next articles relating to this article. I wish to learn even more issues approximately it!

Sushanta Saha
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Sushanta Saha

I desire to learn about all the investing procedure in Mutual fund scheme.

nishat ali
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To open Demat and Trading account in Adity Birla Money Ltd.
Call :- 9810646806

Virender Sharma
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Is Aditya Birla Money as good as it sounds to be. Been reading a lot of reviews and looking to open account with it. Thanks for the article.