+ Expand AllDemat Account Charges

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.
• 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 subject to prior intimation to the clients or on revision in
  Depository charges.
• Any service not quoted above will be charged separately.
• Value of transaction will be in accordance with rates provided by the Depository or actual transaction value, whichever is
  higher.
• STT, GST and all other applicable statutory taxes will be charged as per current applicable rate.
• 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.
• In accordance with the SEBI circulars (Ref # SEBI Circular No. CIR/MRD/DP/22/2012 dated August 27, 2012 and SEBI
  Circular No. CIR/MRD/DP/20/2015 dated December 11, 2015), DP’s were advised to convert all such eligible demat
  accounts into BSDA unless such Beneficial Owners (BOs) specifically opt to continue to avail the facility of a regular demat
  account. For availing BSDA facility, the individual shall have only one BSDA in his/her name across all depositories. In case
  the BSDA account holder converts such account into Non-BSDA (regular account) account or the account holder ceases to
  meet the eligibility criteria for BSDA account, the charges applicable to Non-BSDA (regular account) shall be levied.
• For BSDA account holder, the Account Maintainence Charges (AMC) structure shall be on a slab basis; if the value of holding is
  (a) Upto Rs 50,000 there will be NIL AMC and
  
  (b) For value of holding from Rs. 50,001 to Rs 2,00,000, AMC will be upto Rs 100 per annum
• For demat accounts having NIL transactions during the year, statement of holding will be sent only once in a year w.e.f.1st
  October 2012.
• As per NSDL’s circular dated August 30, 2013, NSDL will levy Rs. 500 as Annual Maintenance Charges for Corporate Accounts,
  effective 1st October, 2013. NSDL Charges would be levied to the respective account as regulatory charges and will be in addition to the DP charges levied by Kotak Securities Limited as per the schedule of charges.