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AxisDirect Demat Account Charges, Review, Opening

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Axis Bank, India's 3rd largest private sector bank offers depository services (Demat Account) to retail customers in India. With over 11 lakh demat account (as of March 16), Axis Direct is 4rd largest provider of demat accounts after ICICI, HDFC and Sharekhan.

Some of the key features offered by Axis Demat Account include:

  • Easy online and offline access to securities you hold.
  • Seamless transaction with 3-in-1 acc
  • Easy to convert your physical holdings into electronic form and other way.
  • Easy online and offline transfers
  • Auto credit of dividends

Note: At Axis Bank, it's mandatory for a customer to have a saving account with Axis bank before opening Axis Bank Demat Account. The Demat account is linked with saving account.

AxisDirect Demat Acct Opening Fee

To open a new demat account with AxisDirect, customer has to pay demat account opening fee. Most share brokers also charge Annual Maintenance Charges (AMC). AMC is yearly fee charged to the customer to maintain the demat account with the broker. Find the AxisDirect Demat Account Opening Charges and AxisDirect AMC as below:

  • AxisDirect DP Account Opening Fee: ₹0
  • AxisDirect DP Account AMC: ₹650
  • Share Debit Transaction Fee: 0.04% or ₹19.5 whichever is higher
  • Is demat account mandatory?: No

AxisDirect Demat Account Charges

Axis Depository Service Charges for Resident Retail Customers
For Resident Retail Customers and Corporates
Particulars Charges
Account Opening Nil
Closure of Account Nil
First Year AMC Nil
Annual Maintenance Charges ₹650
Buy - Market and Off-Market Nil
Sell - Market and Off-Market 0.04% of the value of the transaction (Min ₹25 per instruction) whichever is higher.
Rejection / fails ₹10
Pledge Creation/Closure/Confirmation/ Invocation 0.04% (Min ₹50 per instruction)
Additional Account Statements ₹100

Information about AxisDirect demat account, AxisDirect demat account review, AxisDirect demat account charges, AxisDirect demat account opening, AxisDirect dp charges, AxisDirect demat charges, and AxisDirect dp id.

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Information on this page was last updated on Thursday, July 11, 2019


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