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Trustline Demat Account Charges, Review, Opening

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

Zero account opening charges.
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.
Manage your demat account online. 24*7 by accessing it through an online portal.
Visit one of the 400+ branches to get services related to the demat account.
Basic Service Demat Account (BSDA) is available for holding a value up to Rs 50,000.
Corporate benefits like dividends, bonus, interest etc directly deposited in your demat.
Invest online in Equity, MFs, Corporate FDs, and Insurance etc.
Trustline is a depository participant of both CDSL and NSDL. You could choose one of these.
Online trading is available at BSE, NSE, and MCX.
Free research-based analysis and dedicated relationship manager to all the customers.

Trustline Demat Acct Opening Fee

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

Trustline DP Account Opening Fee: Regular: ₹0, Lifetime Free AMC: ₹1000
Trustline DP Account AMC: Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
Share Debit Transaction Fee: 0.03% of the value of securities (Minimum ₹15)
Is demat account mandatory?: No

Trustline Demat Account Charges

Trustline Demat Fees
Particulars	Plan A (Regular Demat)	Plan B (Lifetime Free AMC)
Account Opening	Nil
Annual Maintenance Charges (AMC)	₹300	Nil
One Time Fee (Lifetime AMC)	Nil	₹1000
Document + Stationary Charges	₹50	₹50
POA Stamp + Notary Charges	Nil
Incoming of Shares	Nil
Outgoing of Shares (Off Mkt / Inter-DP) – Per Instruction & Per Scrip	0.03% of the value of the security (Min ₹20)	0.03% of the value of the security (Min ₹18)
Pledge Creation/Closure/Invocation – Per Instruction & Per Scrip	0.05% of the value of the security (Min ₹100 per Scrip)
Demat Processing Charges	₹50 per script (Up to 25 certificates) + ₹5 per additional certificate
Remit Processing Charges	₹100 per security (per 100 qty.)
Delivery Instruction Booklet	₹25 per booklet (10 leaves)

FAQ's

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.

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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.

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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.

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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.

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Can I open a joint demat account with Trustline?

Yes, a joint demat account can be opened with 2 or 3 joint holders.

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