+ Expand AllDemat Account Charges

  • Q For whom is this applicable to?
    A
    This is applicable to online trading customers.
  • Q What are the Demat charges?
    A

    Click here to view the schedule of DP charges.

    Sr.No. Account Head Rate Minimum Payable
    1 Dematerialisation Rs.50/- per request and Rs.3/- per certificate --
    2 Rematerialisation Rs.10/- for 100 shares Rs. 15/-
    3 Debit Transactions

    - On Market

    - Off Market
    0.04% of the value of securities

    (Plus NSDL charges as applicable)
    Rs. 27/-

    (Plus NSDL charges as applicable)
    4 Account Maintenance Charges

    - Resident Indian

    - NRI


    Rs. 50/-per month

    Rs. 75/-per month
    --
    5 Pledge Charge 0.05% of the value of securities Rs. 30/-
    6 Invocation of Pledge 0.04% of the value of securities Rs. 30/-
    7 Charge for Client Master charge intimation Rs.25/- --
    Notes:
    • There are no charges payable at the time of opening the account. All other charges will be billed on a monthly basis.
    • In case of delays in the payment of charges, the demat account can be frozen for all operations till such time all dues are cleared. Please refer clause VIII mentioned in the agreement signed by you.
    • All market instructions for transfer must be received latest by 4.00 p.m. on the previous working day prior to the pay in day as per SEBI Guidelines. All off market instructions for transfer must be received at least 24 hours before the execution date. Late instructions would be accepted at the account holder's sole risk and responsibility.
    • Charges are subject to revision at the company's sole discretion and as per revisions in NSDL charges.
    • Any service not quoted above will be charged separately.
    • Value of transaction will be accordance with rates provided by the Depository or actual transaction value, whichever is higher.
    • Service tax and other statutory charges if applicable will be levied separately.
    • Quarterly statements of transaction may not be sent to the clients, if there is no transactions and no securities balance in the account. Annual Maintenance Charges will NOT be levied in such cases.
Why Demat Account?
  • Mandatory by SEBI
  • Easy Portfolio Management
  • Security of Equity Investments.
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