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Trustline Demat Account Charges, Review, Opening


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Trustline Securities Ltd is a Noida based financial service provider since 1989. Trustline primarily is in the business of brokerage. The company offers online and offline trading at BSE, NSE, MCX, and NCDEX. Trustline also provides services like Demat Account, MF's, Insurance, Corp FD's, Bonds and Investor Advisory services through its parent company Trustline Securities.

Depository Services (Demat Account) is a key offering by Trustline. The Trustline demat account offers a safe, secure and hassle-free investment in Shares, Mutual Funds, IPOs, Bonds, NCDs etc to its customers. A demat account is similar to a bank account where customer holds shares, mutual funds, bonds etc in digital format.

Trustline Securities offer a 2-in-1 account to its customers. This includes a demat account and a trading account linked together for seamless transactions of shares between these two accounts.

Trustline, a DP Service Provider

Trustline Securities Ltd is the depository participant (DP) of CDSL (Central Depository Services India Limited), and NSDL (National Securities Depository Limited).

CDSL and NSDL are the only two designated depositories in India. They actually hold the demat accounts and securities in them. DP's like Trustline are their members to service the demat accounts of their clients. DP's take fee from the customers to servicing the demat account. CDSL and NSDL also charge a fee on each demat account transaction.

Trustline Securities DP Membership Info:

  • CDLS - SEBI Registration Number: IN-DP-CDSL-154-2001
  • CDSL - Trustline Securities CDSL DP ID: 12024200
  • NSDL - SEBI Registration Number: IN-DP-NSDL-322-2009
  • NSDL - Trustline Securities NSDL DP ID: IN303743

10 Reasons to open Demat Account with Trustline Securities

  1. Zero account opening charges.
  2. Lifetime FREE AMC Demat Account is available by paying Rs 1000 one-time fee. Limited time special offer is available to get 50% off this onetime fee.
  3. Manage your demat account online. 24*7 by accessing it through an online portal.
  4. Visit one of the 400+ branches to get services related to the demat account.
  5. Basic Service Demat Account (BSDA) is available for holding a value up to Rs 50,000.
  6. Corporate benefits like dividends, bonus, interest etc directly deposited in your demat.
  7. Invest online in Equity, MFs, Corporate FDs, and Insurance etc.
  8. Trustline is a depository participant of both CDSL and NSDL. You could choose one of these.
  9. Online trading is available at BSE, NSE, and MCX.
  10. Free research-based analysis and dedicated relationship manager to all the customers.

Trustline Demat Account Opening Charges

To open a new Demat account with Trustline, 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 FeeRegular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account Annual Charges (AMC)Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0

Trustline Demat Charges

Trustline trading and demat account opening fees are Rs 0 (Free). Trustline charges Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 per year demat account AMC. Trustline demat debit transaction fee of

  • Regular Demat: 0.03% of the value of the security (Min ₹20)
  • LIfetime free AMC Demat: 0.03% of the value of the security (Min ₹18)
per debit transaction.

ID Transaction Charges
1 Demat Account Opening Charges Rs 0 (Free)
2 Transaction Charges (Buy)
3 Transaction Charges (Sell)
  • Regular Demat: 0.03% of the value of the security (Min ₹20)
  • LIfetime free AMC Demat: 0.03% of the value of the security (Min ₹18)
4 Annual Maintenance Charges (AMC)
  • Regular Demat: ₹300
  • LIfetime free AMC Demat: ₹0
5 Demat + Courier charges ₹50 per script (Up to 25 certificates) + ₹5 per additional certificate
6 Remat ₹100 per security (per 100 qty.)
7 Pledge Creation 0.05% of the value of the security (Min ₹100 per Scrip)
8 Pledge Creation Confirmation 0.05% of the value of the security (Min ₹100 per Scrip)
9 Pledge Invocation 0.05% of the value of the security (Min ₹100 per Scrip)
10 Failed Transactions ₹30 per instruction
11 Other Charges
  • Delivery Instruction Booklet: ₹25 per booklet (10 leaves)
  • Modification of clients masters: ₹25 per instance

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Frequently Asked Questions

  1. 1. What is LifeTime FREE AMC Demat Account with Trustline Securities?

    Depository Participants like Trustline Securities charge Annual Maintenance Charges (AMC) from the customer to service the demat account. This is charged irrespective to you do any transaction or not. This is a fixed yearly fee customer have to pay to keep the demat account active. This Demat AMC ranges from Rs 300 a year to Rs 1200 a year based on the DP service provider.

    Trustline Lifetime Zero AMC Demat Account allows to pay the onetime fee of Rs 1000 at the time at the time of account opening and do not pay any AMC thereafter. Note that a limited time special offer saves an additional 50% on this fee.

    This is highly recommended demat account type as save you from the hassle of paying AMC every year.

     

  2. 2. Is it mandatory to open a demat account along with a trading account with Trustline Securities?

    No. For traders who are planning to trade only in F&O (Equity, Commodity or Currency), the demat account is not required.

     

  3. 3. Who can open a demat account with Trustline Securities?

    Individual (an adult or a minor), Corporate, Partnership Firm, Trust, HUF, Unincorporated Association or a Body of Individuals, Banks/Institutional Investors, Foreign Institutional Investors (FII), Army/Government Bodies and Registered Society.

     

  4. 4. Can I open Minor Demat Account with Trustline?

    Yes, you could open a minor demat account with Trustline Securities. Note that in the case of a Minor account (demat or trading), the legal guardian (either of the parents) has to be appointed. The documentation of the guardian has to be provided at the time of account opening.

     

  5. 5. Can I open a joint demat account with Trustline?

    Yes, a joint demat account can be opened with Trustline. They allow up to 3 joint holders in one demat account.

     

Zerodha (Flat Rs 20 Per Trade)

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 Thursday, November 23, 2023

Zerodha (Flat Rs 20 Per Trade)

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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