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Master Trust Demat Account Charges, Review, Opening


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Master Trust is a financial services provider based in Mumbai, India. The broker allows trading across Equity, Derivatives, Currency and Commodity segments at BSE, NSE, MCX and NCDEX in India.

Master Trust has started operations in 1985. Master Trust offers both flat-rate and percentage-based brokerage plans. Customers can choose from flat Rs 20 and the standard brokerage plan (0.30% brokerage) with Master Trust. The broker also offers My Plan for active investors and traders wherein it offers a 25% discount on the existing plans with other brokers. Master Trust charges Rs 1000 per annum for Standard and My plan.

Master Trust offers web trading terminal, Exe based trading terminal and Mastermobile trading platforms for the customers. You can open both online and offline account with Master Trust.

Master Trust Demat Account Opening Charges

To open a Demat account with Master Trust, the clients have to pay Demat account opening and AMC charges. Here is the table mentioning Demat account opening and AMC charges across all the three subscription plans-

Demat account opening and AMC charges

Service

Charges

Demat Account Opening Fee

Free Demat account opening for Standard and My Plan subscribers

Demat Account Annual Maintenance Charges (AMC)

20:20 Plan- Rs 300; Standard & My Plan- Free

Benefits of the Demat Account with Master Trust:

  • Free Demat account opening with Standard and My Plan subscription
  • Keep the securities in dematerialised form
  • Invest in IPOs & Mutual Funds
  • Easy transfer of securities
  • Auto credit/ debit of shares
  • Online access to demat account

Master Trust Demat Account Opening Charges

To open a new Demat account with Master Trust, 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.

ServiceCharges
Demat Account Opening FeeNil
Demat Account Annual Charges (AMC)Rs 300

Master Trust Demat Charges

Master Trust trading and demat account opening charges are Rs 100. Master Trust charges Rs 300 per year demat account AMC. Master Trust demat debit transaction charge of Rs

  • Rs 12 in Scheme A
  • Rs 16 in Scheme B
  • Rs 15 (with in DP) and Rs 25 (outside DP) in Scheme LF
  • Mkt Delivery within DP - Nil and outside DP Rs - 25 in Scheme 800
  • Rs 50 (with in DP) and Rs 100 (outside DP) in Scheme BSDA.
per debit transaction.

ID Transaction Charges
1 Demat Account Opening Charges Rs 100
2 Transaction Charges (Buy)
3 Transaction Charges (Sell)
  • Rs 12 in Scheme A
  • Rs 16 in Scheme B
  • Rs 15 (with in DP) and Rs 25 (outside DP) in Scheme LF
  • Mkt Delivery within DP - Nil and outside DP Rs - 25 in Scheme 800
  • Rs 50 (with in DP) and Rs 100 (outside DP) in Scheme BSDA.
4 Annual Maintenance Charges (AMC)
  • Scheme A: Nil
  • Scheme B: Rs 300 per annum
  • Scheme LF: Nil
  • Scheme BSDA: Nil
  • Scheme 800: Rs 800 per annum
5 Demat + Courier charges
  • Rs 20 per request + Rs 3 per certificate for Scheme A, B, LF and Scheme 800.
  • Rs 50 per request + Rs 10 per certificate for Scheme BSDA.
6 Remat
  • Rs 20 for every 100 securities or part thereof; or a flat fee of Rs 20 per certificate whichever is higher will be payable for scheme A, B ,LF and Scheme 800.
  • Rs 50 for every 100 securities or part thereof; or a flat fee of Rs 50 per certificate whichever is higher will be payable for scheme BSDA.
7 Pledge Creation
  • Rs 50 in Scheme B, LF and Scheme 800.
  • Rs 40 in Scheme A Rs 100 in Scheme BSDA.
8 Pledge Creation Confirmation

Nil

9 Pledge Invocation
  • Rs 20 in Scheme A
  • Rs 25 in Scheme B, LF and Scheme 800.
  • Rs 50 in Scheme BSDA
10 Failed Transactions

Rs 20 per instruction

11 Other Charges
  • Re-Issuance of DIS Booklet: Rs 10 (cotaining 10 leaves).
  • Non periodic statement and other communication charged: Rs 20 per mail
  • Additional Statement of Holding/Transaction: Rs 2 per page + postage
  • In case of demat rejection postage shall be charged at Rs 30 for dispatch to the client for removal of objection.
  • Any modification in client master will be charged @ Rs 20 per modification.

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Frequently Asked Questions

  1. 1. How to add a nominee to Mastertrust Demat Account?

    Master Trust allows adding a Nominee only in case of offline account opening. The applicant has to attach the Nomination Form while filing the Demat account opening form. The forms along with the documents are sent to the registered office of Master Trust in Uttar Pradesh.

    The nominee you have added for Master Trust Demat account will be applicable for Trading, Commodity and Mutual fund account as well.

     

  2. 2. Where should the applicant send application forms?

    Applicants should send application forms to the following address of Master Trust along with the required documents for account opening via a post or courier:

    Master Capital Services Ltd

    C-56, Sector -63, Noida

    Opposite Fortis Hospital

     

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Information on this page was last updated on Monday, May 16, 2022

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


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