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    AMC Charges for Demat Account

AMC Charges for Demat Account

AMC Charges for Demat Account
  • Published Date: January 03, 2021
  • Updated Date: January 29, 2025
  • By Team Choice

What is the AMC Charges for Demat Account?

AMC for Demat Account or Annual Maintenance Charges for Demat account is the fees that you pay the broker for maintaining your Demat account.  If you want to save your extra changes you can open a Demat account with zero AMC.


Why Does The Broker Charge AMC for Demat Account?

A Demat Account is like a savings account so just like the bank which charges for maintaining the savings account the broker charges a minimal amount for maintaining your Demat account. These AMC charges have to be paid whether you use the account or not.

Note: Account Maintenance Charges are only applicable for Demat Account.


Open a 100% Free Demat Account

  1. No AMC Charges for First Year
  2. Zero Account Opening Fee
  3. Lowest DP Charges (Rs.10 only)
  4. Free Call for Trade Facility
  5. Low Brokerage Charges

After The First Year You Can Select From The Below 3 Plans :

  1. Rs.200/- + GST Yearly Plan
  2. Rs.1500/- + GST – Lifetime AMC Covered
  3. Rs.3000/- Full Refundable AMC (Full amount will be refunded when you close the account with us)

*In case no scheme is selected by you then by default AMC as per the annual plan will be charged at the end of the first year. For a Corporate Account, the AMC charges applicable from the 1st year are – 1000/- + GST per Annum Plan.

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