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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.

Is demat account chargeable?

Yes, a demat account can be chargeable, but the charges depend on the broker and the type of demat account you open.

Common Charges in a Demat Account:

  1. Account Opening Charges: Some brokers charge a one-time fee to open the account, though many now offer free account opening.
  2. Annual Maintenance Charges (AMC): A yearly fee (₹0 to ₹1,000) for maintaining the account. Some brokers offer lifetime free AMC or waive it for the first year.
  3. Transaction Charges: Charges for selling (debiting) shares from your demat account. Typically ₹10–₹25 per transaction.
  4. Custodian Fees: Rare nowadays, but some brokers may charge this for holding securities.