Why should I open an account with SAS Online

Posted on 6th Apr 2016
by Admin


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Why should I open an account with SAS Online or why should I trade with SAS Online or why should I choose SAS Online as my Broker?

SAS Online

Here is the reasons why you should open an account with SAS Online:

Pay Lowest Brokerage in the Industry:

Pay a flat fee of Rs 9 per executed order for trade across equity, commodity or currency segment. Pay 0.01% or Rs 9 whichever is lower for Intraday and 0.1% or Rs 9 whichever is lower for delivery.

Attractive Monthly/Unlimited Trading Plans:

SAS Online offers unlimited trading plans, Trade unlimited in NSE Cash, BSE Cash and NSE F & O segment just for Rs 999 PM[Equity Plan],unlimited trading in commodities for just Rs 999 PM[MCX Plan] and unlimited trading in currency derivatives for just Rs 499 PM [Currency Plan].

SAS Online review and Plans(9 Rs Per Trade)>>More Details
If you like to open an account with SAS Online, Please leave your information here and SASOnline representative is going to contact you ASAP.

Leverage on Intraday Trading and higher leverage via Cover orders and Bracket orders

SAS Online offer Intraday Margin with product code as MIS as follows:

Segment Intraday Margin under product code MIS
Equity / Cash 5-9 times of available cash margin on all F&O stocks
Futures 2 times of available cash margin or 50% of SPAN + Exposure margin
Options (Only Selling) 2 times of available cash margin or 50% of SPAN + Exposure margin
Currency Futures 2 times of available cash margin or 50% of SPAN + ELM
Commodities Future 2 times of available cash margin or 50% of SPAN margin

Cover Order Margins

Segment Intraday Margin under product code MIS
Equity / Cash Upto 20 times on all F&O stocks
Futures 5 times of available cash margin or 20% of SPAN + Exposure margin
Commodities Future 5 times of available cash margin or 20% of SPAN margin

Get Margin against shares

SAS Online offer margin lending against shares in your account. You will get collateral benefit for shares (only F&O stocks) kept in your trading account. You need to have 25% cash balance of collateral value in your account to avail collateral benefit.

Below mentioned are the details of collateral benefits provided in different segments.

Segment Benefit provided
Equity / Cash Intraday (MIS)
Futures Intraday (MIS) & Carryforward (NRML)
Options Selling only - Intraday (MIS) & Carryforward (NRML)
Currency Futures Intraday (MIS) & Carryforward (NRML)
Commodities Future Selling only - Intraday (MIS) & Carryforward (NRML)

Referral Credit:

Every trade executed by a referral ensures that you get 20% of brokerage generated into your account.

Easy fund Transfer( Pay in/pay out of funds)

Payment Gateway:This is an Instant mode of fund transfer by using SAS NEST Trader or fund transfer tab on their website with charges of Rs 9 per transaction. Funds can be transferred from around 20 major Banks of India.

NEFT/RTGS: By depositing funds by way of NEFT/RTGS to your trading account.

Funds transferred from HDFC bank account will result in instant credit, takes 3-4 hours depending on your bank.This is free mode of transferring funds.

The account details of SAS Online for Equity trading Account is as follows:

  • Account Name: South Asian Stocks Ltd.
  • Account Number: 00030340037242
  • Bank/Branch: HDFC Bank,G-3-4,Suryakiran Building,19,Kasturba Gandhi Marg,New Delhi-110001
  • Account Type: Current Account
  • IFSC Code: HDFC0000003

Cheque Deposit: By depositing a cheque in favour of “South Asian Stocks Limited” to be payable at Delhi. It takes 3-5 working days and its free.

You can either deposit it in their HDFC account or courier it at SAS Online , 3rd Floor, Building No.5, Local Shopping Complex, Rishabh Vihar, Near Karkarduma Metro Station. East Delhi – 110092.

Fund Withdrawal: You can place a withdrawal request for your funds by login to SAS Online Back Office.

SAVE 70% ON YOUR BROKERAGE

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User Comments

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1. Saleem s  Apr 7, 2016 12:52:50 AM IST Reply
What type of reports i can get from SAS Online back office?

ProStocks, The Flat Rate Discount Stock Broker

Fix Price - Rs 15 Per Trade


Rs 899/Month,8999/Year for
Equity Cash and F&O

Rs 499/Month,4999/Year for
Currency Derivatives

Lowest Transaction Charge
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Flat Rs 20 Per Trade for F&O

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