Compare Brokers Articles Complaints Compare Side-by-Side About Brokers

SAMCO Demat Account Charges, Review, Opening

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?

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

SAMCO Demat Acct Opening Fee

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

SAMCO DP Account Opening Fee: ₹0
SAMCO DP Account AMC: ₹400
Share Debit Transaction Fee: ₹25 or 0.02% of transaction (whichever is higher)
Is demat account mandatory?: No

SAMCO Demat Account Charges

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)

FAQ's

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.

Discuss this question
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'.

Discuss this question

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