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SAMCO Demat Account Charges, Review, Opening


3.37% 79,777 Clients

Incorporated in 2015, SAMCO Securities Ltd is a Mumbai, India based stockbroker. SAMCO is registered with SEBI and member of BSE, NSE and MCX exchanges.

SAMCO is also a depository participant (DP) of Central Depository Services India Limited (CDSL). Through CDSL, SAMCO offers demat account related services.

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

SAMCO customers can manage their demat account online through its back-office.

  • SAMCO Depository Participant (CDSL) Registration Number: IN-DP-CDSL-443-2008.
  • SAMCO DP ID: 54200

Opening the demat account is not mandatory with SAMCO. But it is recommended to open it.  

Why you should open a Demat Account with SAMCO?

  1. Rs 0 Demat Account Opening Fee
  2. Instant paperless account opening process
  3. Manage your demat account online
  4. Depository participant of CSDL
  5. Apply in IPO's online through your bank by linking your demat account
  6. The low AMC of Rs 400 per year
  7. The low demat debit transaction charge of Rs 10 per transaction

SAMCO Demat Account Opening Charges

To open a new Demat account with SAMCO, 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 FeeRs 0 (Free)
Demat Account Annual Charges (AMC)Rs 400
Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

SAMCO Demat Account Charges

ID

Transaction

Charges

1

Demat Account Opening Charges

Rs 0

2

Stamp Charges payable upfront (at actual)

Rs 50

3

Annual Maintenance Charges (AMC):

 

a. Individuals

Rs 400 Per Year + GST (Payable upfront every year)

 

b. Corporates

Rs 800 + GST (Payable upfront every year)

4

Transaction Charges per ISIN (Market Trades):

 

a. Buy (Receive)

Rs 0

 

b. Sell (Debit)

Rs 10 (including CDSL Fee)

5

Inter Depository Transfer (Off-Market Trades):

 

a. Buy (Receive)

NIL

 

b. Sell(Debit)

0.02% or Rs 25 whichever is higher (including CDSL Fee)

6

Demat (Per certificate)

Rs 10 + Rs 50 Courier charges

7

Remat (Per ISIN)

CDSL Charges + Rs 50 Courier charges

8

Courier charges per Demat/ Remat request

Rs 50

9

Pledge per ISIN

Rs 60 (Including CDSL Charges)

10

Unpledge per ISIN

Rs 60 (Including CDSL Charges)

11

Pledge Invocation per ISIN

Rs 60 (Including CDSL Charges)

SAMCO Special Offer

Free Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year

  • Free Account Opening
  • 100% free brokerage for 1st month
  • Free Demat AMC for 1st Year
  • Pay flat Rs 20 for Equity Delivery, Intra-day and F&O Trades.

It is a limited-time offer. Open Instant Account online and start trading the same day.

Frequently Asked Questions

  1. 1. Where do I check my demat holdings with SAMCO?

    You could check you Demat account holdings by login into the back office SAMCO STAR. Once login, visit the portfolio section to view the shares in your demat account.

     

     

  2. 2. How to Pledge / Unpledge shares for margin against shares with SAMCO?

    To pledge shares or unpledged them; visit the back office application SAMCO START. Once login, visit the portfolio section to choose the shares you would like to pledge / unpledge.

    The portfolio also shows if there are holdings which are pledged as collateral under column 'Margin / Collateral Holdings'.

    The collateral holdings can also be seen in the NEST Trader. Go to the menu option and click on 'View Order / Trade Reports' and select 'View Holdings/Collateral Values'.

     

     

Information on this page was last updated on Wednesday, October 20, 2021


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