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Trustline Demat Account Charges, Review, Opening

-5.24% 10,860 Clients

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