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Does Choice Broking have annual charges?

Zerodha (Trade with the best stock broker)

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.

Yes, Choice Broking charges an annual maintenance charge of Rs 200 + GST for maintaining the Demat account with the broker.

The company also offers special AMC Plans to individual customers apart from the basic standard plan as per below: 

  1. Lifetime AMC Free Plan (One Time - Non-refundable): Rs 1,500 + GST
  2. Lifetime AMC Free Plan (One Time - Refundable): Rs 3,000 

Note:

  • The first year AMC for individuals is free.
  • For corporates, the AMC charges of Rs 1000 + GST per Annum Plan are applicable from the 1st year.
  • The corporates can also avail of Lifetime AMC Plan at Rs 5,000 + GST that is applicable only for an escrow account.


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