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Achiievers Demat Account Charges, Review, Opening

Incorporated in 1999, Achiievers is an online discount broker in India. It has a wide product range offering equity, mutual funds, derivatives, currency, commodity and loan product to the customers. The discount broker offers a 2-in-1 account to its customers.

Key Facts About Achiievers

Online discount brokerage company with around 20 years experience
Offers a range of trading services and investment products
Offers unlimited daily, monthly and lifetime plans
1,000+Crores turnover/day in retail trading
20,000+ clients across the country
850+ locations pan India presence

Achiievers Demat Account

Achiievers is a member of CDSL and the membership allows it to offer depository or demat services to its customers. To trade and invest in the stock market, you must have a Demat account. Just as you can keep money in the bank account, you can hold the securities in electronic format in the Demat account.

Achiievers Demat Account Key Features

Reduces chances of physical theft, damages or losses
Eliminates the risk of bad deliveries or fake posing
Hold all the securities at one place
Take less time in completing the transactions electronically
Transferring of shares is an easy task
Can pledge the securities to avail the loan against them
Get refunds, dividends, and interest directly to the Demat linked bank account
Can access the Demat account using multiple modes

Achiievers Demat Account Opening Charges

To open a new Demat account with Achiievers, the customer may have to pay Demat account opening charges. The broker may also charges Annual Maintenance Charges (AMC), a yearly fee to maintain the Demat account.

Service	Charges
Demat Account Opening Fee	Nil
Demat Account Annual Charges (AMC)	Rs 400

Sr	Particular	Individual (Regular)	Individual (BSDA)	Non-Individual
1	Account Opening Charges	NIL	NIL	NIL
2	Annual Maintenance Charges (AMC)	Rs 400 p.a.	NIL	Rs 900 p.a.
3	Dematerialization Charges	Rs 3 per Certificate + courier charges of Rs 40 per Demat request for every 500 gms	Rs 10 per Certificate + courier charges of Rs 100 per Demat request for every 500 gms	Rs 3 per Certificate + courier charges of Rs 40 per Demat request for every 500 gms
4	Transaction Charges Market/Off market/Interdepository	Rs 12 + CDSL charges at actual	Rs 50 + CDSL charges at actual	Rs 12 + CDSL charges at actual
5	Pledge Charges (Creation/Closure)	0.02% of the transaction charges subject to a minimum of Rs 50 + CDSL charges at actual	0.05% of the transaction charges subject to a minimum of Rs 100 + CDSL charges at actual	0.02% of the transaction charges subject to a minimum of Rs 50 + CDSL charges at actual
6	Pledge Charges for Invocation	0.05% of the transaction charges subject to a minimum of Rs 50	0.10% of the transaction charges subject to a minimum of Rs 100	0.05% of the transaction charges subject to a minimum of Rs 50
7	Re-materialization Charges	Rs 25 per certificate or 0.05% of the value whichever is higher + CDSL charges	Rs 100 per certificate or 0.10% of the value whichever is higher + CDSL charges	Rs 25 per certificate or 0.05% of the value whichever is higher + CDSL charges
8	Failed / Rejection Charges	Rs 50 per transaction	Rs 100 per transaction	Rs 50 per transaction
9	Demat Rejection charges	Rs 35 per rejection for every 500 gms	Rs 35 per rejection for every 500 gms	Rs 35 per rejection for every 500 gms
10	Adhoc/Non periodic statement request	Rs 25 per request upto 10 pages. Every additional 5 pages or a portion thereof will Be charged at Rs 5 + courier charges	Rs 100 per request upto 10 pages. Every additional 5 pages or a portion thereof will Be charged at Rs 20 + courier charges	Rs 25 per request upto 10 pages. Every additional 5 pages or a portion thereof will Be charged at Rs 5 + courier charges
11	Statutory & processing charges at the time of account opening	NIL	Rs 100	NIL
12	Lifetime Offer (AMC & Transaction)	Upfront at the time of Account opening Rs 5000 + Serv. Tax, enrolls all account holders for free AMC & transaction charge for the next 15 Years (CDSL Charges at actual)	N.A.	Upfront at the time of Account opening Rs 10000 + Serv. Tax, enrolls all account holders for free AMC & transaction charge for the next 15 Years (CDSL Charges at actual)
13	Lifetime Offer Ã¢â‚-â€œ (AMC)	Upfront at the time of Account opening Rs 2499 + Serv. Tax, enrolls all account holders for free AMC for the next 15 Years (CDSL Charges at actual, Transaction charges as per regular tariff)	N.A.	Upfront at the time of Account opening Rs 4999 + Serv. Tax, enrolls all account holders for free AMC for the next 15 Years (CDSL Charges at actual, Transaction charges as per regular tariff)

Value of Holding (Amount)	Annual Maintenance Charges (Rs)
Upto 50000	NIL
50001-200000	100 p.a.
200001 and above	Charges are applicable to regular Demat Account

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Achiievers Demat Account Charges, Review, Opening

Key Facts About Achiievers

Achiievers Demat Account

Achiievers Demat Account Key Features

Achiievers Demat Account Opening Charges

Achiievers Equities Demat Charges

BSDA Scheme

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