Demat Account Charges


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Uploaded on Jun 3, 2022

Share market investment is a good option to get the best return on financial investment, for trading, you should know the best trading account in India, Know the charges that are applicable for opening and maintenance to get an idea about selecting a better platform for future trading option, Here you get to know Different types of Demat account charges.

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Demat Account Charges

DEMAT ACCOUNT CHARGES 1. Account Opening Charges For opening Demat and Trading account brokerage firm place some charges fees known as Account Opening Charges. • This is one time fee • Some bank are also takes closing charges. 2. Brokerage Charges In share market transactions for buying and selling shares, brokerage firms place few charge amount/fees know as Brokerage Charges. There are four category of share trading 1. Intraday 2. Delivery 3. Futures 4. Options for all of these brokerage firm charged various fees, for different brokerage firms their are different brokerage charges, brokerage charges are for both sides buying and selling shares BROKERAGE CHARGES WITH EXAMPLE Now let's understand brokerage charges with an example If you buy and sell shares in one day its called intraday trading, ABC Company charged an intraday brokerage of 0.02% and you buy 1,00,000 RP shares, then you pay brokerage charge is 20rpor in intraday, you get value return 1,01,000 rp price. On selling shares its charged 0.02%, then its brokerage charge is 20.2 rp. so your total brokerage charge is 40.2rpand on total amount brokerage firm charge 18% GST. Then your total brokerage charge = 40.2*18/100=47.2, so after adding GST your total brokerage charge is 47.4rp 3.FUND TRANSFER CHARGE In trading accounts, there are different ways of fund transfer Payment gateway • Payment gateway • NEFT/RTGS/IMPS • Cheque If you transfer funds in your trading account from a payment gateway method then the brokerage firm charged a fee known as the fund transfer charge. Otherwise transferring funds from NEFT/RTGS/IMPS, Cheque then brokerage firm does not take any charges. 4. ANNUAL MAINTENANCE CHARGE(AMC) For maintaining your trading account brokerage firm charges a few amounts, based on annually known as the Annual maintenance charge, which differs from Rs. 150/annum to Rs. 900/annum. If In some situations, traders and investors have minimum capital investment for these there is BSDA ( BAsic service Demat account), these ways they can save their Annual maintenance service charge. 5. DP CHARGES DP charges are for only delivery for the sell side, different brokerage firm have their different DP charges, normally DP charges are between Rs.12 to Rs. 30 6. CALL AND TRADE CHARGES After opening a Demat account you can buy and sell shares in three different ways 1. Demat account opening the app 2. Demat account website or desktop software 3. Call direct brokerage firm and relationship manager also known as call and trade Some brokerage firms charged differently for call and trade services like Rs. 20/trades or 15/trades Few brokerage firms provides call and trade services free for investors. For Buying and selling shares, there are different charges also place 1. Brokerage charges 2. Transaction charges 3. SEBI turnover charges 4. Stamp Duty charges etc