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Anand Rathi Demat Account Charges, Review, Opening

19.57% 102,313 Clients

Anand Rathi is a Mumbai based full-service share broker. Besides trading services, the company also offers other financial services like Mutual Funds, IPOs, Wealth Services and Portfolio Management. The company caters to all types of investors including retail investors, HNIs, partnership firms and corporates.

Anand Rathi also offers depository services. It is a depository participant with CDSL and NSDL. This allows it to offer Demat account opening and other related services to its customers. Anand Rathi customers can open a trading and a demat account with the company. These accounts are linked to facilitate ease of trading.

Research is another strong offering of the company. It has a dedicated team of experts who conduct fundamental and technical research on stocks, markets and economy. The team publishes a variety of reports to provide trading advice to the customers.

Anand Rathi also provides access to good platforms. The customers of the company can choose from a range of platforms and tools. The platforms are available on the web, desktop and mobile. These platforms act as a single stop to trade in multiple types of securities across BSE, NSE and MCX. Besides online trading, customers can also use the call & trade facility to trade in the securities of their choice.

Key Facts About Anand Rathi

  • One of the most experienced stockbrokers in the Industry
  • Offers Trading, Mutual Funds, IPOs, Wealth Services and Portfolio Management
  • Over 1200 branch offices across India
  • Employs over 2500 professionals
  • Member of BSE, NSE, MCX, NSDL and CDSL
  • Offers Call & Trade facility
  • A dedicated research team for Investment Advisory

Anand Rathi Demat Account

Anand Rathi is the depository participant (DP) of NSDL and CDSL. A customer can open a demat account with CDSL or NSDL through Anand Rathi. The Demat accounts are opened and managed by CDSL and NSDL. Anand Rathi acts as an intermediary between the customers and the Central Depository.

Anand Rathi Securities DP Membership Info: IN-DP-437-2019

10 Reasons to open Demat Account with Anand Rathi

  1. Zero Account opening charges.
  2. Facility to open both Repatriable Demat Account and Non-Repatriable Demat Account for NRIs.
  3. Fast and Easy account opening process.
  4. Single account to hold securities from BSE, NSE, and MCX.
  5. Invest in Mutual Funds and IPOs
  6. Free research-based investment advice
  7. Flexibility to freeze the account.
  8. Service through 1200 branch offices
  9. Online management of account
  10. Invest online in bonds, corporate deposits and insurance

Anand Rathi Demat Account Opening Charges

To open a new Demat account with Anand Rathi, 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.

Demat Account Opening FeeRs 0
Demat Account Annual Charges (AMC)Rs 450 from second year onward

Anand Rathi Depository Service Charges for Resident Retail Customers

SrPlan 1 - 1st Year FreeCharges
1 Account Opening Charges Nil
2 Account Closing Charges Nil
3 Annual Maintenance Charges (AMC) Rs 0 in case of Life time free AMC with balance of Rs 3000 (refundable) OR Rs 450 (2nd year Onwards)
4 Purchases through AR Nil
5 Sales through AR Rs 15 per ISIN (For POA Client);Rs 25 per ISIN (For Non POA Client)
6 Sales not through AR/Off-Mkt Transfer Minimum Rs 25 and Maximum Rs. 500 or 0.025% of the market value
7 Custodial Charges Nil
8 Demat Charges Rs 3 per certificate + Rs 35 per request In case of bulk, above 100 certificate Rs 5 & Actual Courier Charge
9 Remat Charges Rs 15 per certifcate or Rs 15 for every 100 certificates whichever is higher + Rs 20 Courier charge
10 Pledge Creation/Closure 0.01% of value or minimum Rs 50 per request
11 Documentation Charges Nil
12 Transaction Statement FREE monthly
13 Internet Facility Complimentary
14 Bounce cheque Charges Rs 250
15 Additional statement Rs 15
16 Rejection Charges Rs 25

Frequently Asked Questions

  1. 1. What is Anand Rathi Demat account and Why do I need it for trading?

    A Demat account is like your bank account that is used to hold securities like shares, Mutual Funds etc. It is an online repository.

    You need a Demat account for trading. When you buy shares, the shares are held in this Demat account. It is debited from the account when you sell it.


  2. 2. I have a Demat account with another broker. Do I need to open another Demat account with Anand Rathi?

    Yes, as per new SEBI regulations, it is mandatory to open a Demat account with a trading account.

    You need to transfer the holdings from the old Demat account to the newly opened Demat account with Anand Rathi to sell from Anand Rathi. Alternatively, if there is no AMC levied on the old Demat account, you can retain the holdings there and sell through the existing trading account.


  3. 3. Can I open a Minor Demat Account with Anand Rathi?

    Yes, you can open a minor demat account. For opening a Minor Account, either of the parents needs to be appointed as a legal guardian. The legal guardian's documents need to be provided for account opening.


  4. 4. How to modify Anand Rathi demat account details?

    You can modify your Demat account details like contact number, Bank and Address details. To change your Anand Rathi account details, you need to take the following steps-

    • Download the 'Account Modification' form. The form is available at Quick Links Downloads.
    • Fill in the existing as well as New Details along with other required information.
    • You need to attach documents to change bank and address details as-
      • Bank details: Copy of cheque with the name printed, a copy of bank passbook, a copy of bank statement of accounts duly attested by bank authorities not older than 4 months with a cancelled cheque.
      • Address details: Copy of Ration card, Passport, Voter ID card, Driving license, Bank passbook, Electricity bill (not more than 3 months old)
    • Send the form to company address or submit it at your nearest Anand Rathi branch office.


  5. 5. How to activate a dormant Anand Rathi Demat Trading account?

    If your Anand Rathi Demat or Trading account is dormant due to no trading activity or for no other reason, you can activate it again anytime. To activate your Anand Rathi Demat and Trading account, you need to take following steps-

    • Download the 'Dormant Activation' form. The form is available at Quick Links Downloads.
    • Take a printout of the form and fill up your account details and check the boxes for account activation.

    Send the form to company address or submit it at your nearest Anand Rathi branch office.


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Information on this page was last updated on Monday, August 2, 2021


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