Account Opening Charges

• One-time fee for opening a new Demat account with a Depository Participant (DP).
• Charges may vary depending on the DP’s policies and promotions.
• Some banks and brokers offer free or discounted account opening.
• Fees are generally non-refundable after processing.
• Paid at the time of submitting the application form.

Annual Maintenance Charges (AMC)

• Recurring yearly fee for maintaining the Demat account.
• Amount varies based on DP, account type, and service features.
• Premium or value-added accounts may have higher AMC.
• Charges are auto-debited from the linked bank account or trading account.
• Some DPs offer zero AMC for the first year as an incentive.

Transaction Charges

• Fees charged for every credit or debit transaction in the Demat account.
• Separate charges for buying (credit) and selling (debit) of securities.
• Rates depend on the volume and frequency of transactions.
• Off-market transfers and inter-depository transfers may have higher charges.
• Transaction charges are deducted at the time of processing.

Dematerialization and Rematerialization Charges

• Charges for converting physical certificates to electronic form (dematerialization).
• Separate fee for converting electronic holdings back to physical certificates (rematerialization).
• Charges depend on the number of certificates or quantity of shares.
• Payable at the time of submitting the request to the DP.
• Some DPs may charge courier or handling fees for document processing.

Other Service Charges

• Charges for duplicate account statements or additional transaction slips.
• Fees for pledging or unpledging securities for loans or collateral.
• Modification of account details such as address or nominee may incur charges.
• Service requests like freeze, unfreeze, or closure of the account may be chargeable.
• GST and other statutory taxes are applicable on most service charges.