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Beeline Demat Account Charges, Review, Opening

Beeline is an Ahmedabad-based Online Stock & Commodity Broker. Beeline is a registered broker of BSE, NSE and MCX. Beeline offers Equity, Currency and Commodity trading.

Beeline also provide Depository Services (demat account and its related services). Beeline is Depository Participant with NSDL (National Securities Depository Limited) since November 2015.

Beeline Broking NSDL Registration Number: IN-DP-162-2015 (17th Nov 2015)

Beeline Broking SEBI Registration Number: INZ000000638 (13th Nov 2014)

Beeline Demat Account enables customers to invest in Shares, Mutual Funds, IPO and Bonds for long term. Customer could manage the demat account online. The online demat account allows customers to view the holdings; handle market and off-market transactions of shares, convert physical shares in demat account and vice versa.    

Beeline depository services offers 2-in-1 Account (Trading + Demat account). This is the popular offering among the customers as it offer seamless transactions of shares between trading account and the demat account.

Opening the demat account is not mandatory for customer who do not wish to take the delivery of shares or planning to link demat account from some other provider.

Beeline Demat Account Schemes for Individual Resident

Beeline offers 1 demat account scheme for Individual Indian Residents:

  1. Lifetime AMC Scheme

    This scheme offers Lifetime Free AMC to Individual Resident Customers for onetime payment of Rs 876. Customer doesn't have to pay any annual charges in this scheme, unlike most other brokers who charge around Rs 1000 a year for AMC.

Key features of Beeline Demat Account:

  1. Online demat account management.
  2. Depository participant of NSDL since 2015.
  3. Offers NRI demat account.
  4. Life time free AMC available for onetime payment of Rs 876.

Beeline Demat Acct Opening Fee

To open a new demat account with Beeline, 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 Beeline Demat Account Opening Charges and Beeline AMC as below:

  • Beeline DP Account Opening Fee: Nil
  • Beeline DP Account AMC: Zero AMC with one time ₹876 fee
  • Share Debit Transaction Fee:
  • Is demat account mandatory?: No

Beeline Demat Account Charges

Beeline Broking Depository Service Charges for Resident Retail Customers
ID Transaction Charges
1 Demat Account Opening Charges ₹0 (Free)
2 Stamp Charges payable upfront (at actuals) NA
3 Annual Maintenance Charges (AMC):
  a. Individuals Lifetime Free with one time payment of ₹876 (Payable at account opening)
  b. Corporates ₹1800 (Payable upfront every year)
4 Transaction Charges per ISIN (Market Trades):
  a. Buy (Receive) ₹0
  b. Sell(Debit) ₹25 per Transaction
5 Inter Depository Transfer (Off-Market Trades):
  a. Buy (Receive) NIL
  b. Sell(Debit) ₹35 Per Transaction
6 Demat (Per certificate) ₹10 per Certificates + ₹40 postage charges
7 Remat (Per ISIN) ₹40 per certificate
8 Courier charges per Demat/ Remat request ₹40
9 Pledge Creation ₹35 per transaction
10 Pledge Closure ₹35 per transaction
11 Pledge Invocation ₹35 per transaction
12 Periodic Statement:
  a. By Email Free
  b. Physical  -
13 Adhoc / Non Periodic Statement Requests:
  a. By Email ₹7 per request
  b. Physical -
14 Delivery Instructions:
  a. First Delivery Instruction Book  
  b. Every Additional Booklet ₹15 per DIS request
15 Cheque Bounce/ Per cheque ₹30 per request
16 Failed Transactions ₹30 per transaction
17 Modification in CML ₹7 per request
18 Freeze-Unfreeze ₹30 per request

Frequently Asked Questions

  1. 1. Can I open demat account with beeline for my minor son/daughter?

    Yes, a demat account can easily open on a minor child's name. The account should be opened by the natural guardian (children's parents) or court-appointed guardians only. Supporting documents of parent or guardians should be provided at the time of account opening.

    A trading account can also be opened on Minor's name with help from parent/guardian. But only Equity Delivery trades are allowed in minor trading account. Customer cannot trade in F&O's in a minor's account.

    Discuss this question

  2. 2. How many people can be the joint holder in a demat account?

    Up to 3 people can be the joint account holder in a demat account.

    Discuss this question

  3. 3. Can I open a demat account on the name of my partnership firm (LLP)?

    Yes a demat account can be opened on the name of LLP or a register company.

    Discuss this question

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

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Information on this page was last updated on Tuesday, October 1, 2019


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