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Zerodha Account Opening
Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
Zerodha charges AMC for a Demat account even when you are not using it unless your Demat account qualifies as a Basic Service Demat Account at Zerodha (BSDA).
For an account to qualify as a BSDA, you need to satisfy two conditions:
Holding Value | AMC charges |
---|---|
Upto Rs 50,000 |
Nil |
Rs 50,000 - Rs 2,00,000 |
Rs 100 |
Above Rs 2,00,000 |
Rs 300 |
At any time, if you open a new Demat account with another broker, an AMC of Rs 300 gets charged to you even when there are no holdings in the existing Demat account at Zerodha. If the value of holdings exceeds the above limits, AMC gets applied as per the above table.
To open a BSDA account at Zerodha, tick the highlighted box in the account opening form as Yes.
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Topic: Zerodha Demat Account Review
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