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What is Lifetime FREE AMC Demat Account with Alice Blue?

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Depository Participants like Alice Blue charge Annual Maintenance Charges (AMC) from the customer to service the demat account. This is charged irrespective to you do any transaction or not. AMC 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.

Alice Blue Lifetime Zero AMC Demat Account is the key offering from the broker. Alice blue doesn't charge any AMC fee from its customers. The AMC is totally free for all the customers. There is also no one-time fee or deposit needed at the time of account opening.

This is highly recommended demat account type as it saves you from the hassle of paying AMC every year.

Note that though the Demat AMC and account opening is free with Alice Blue, customers still have to pay transaction charges and taxes to the broker. The fee structure is provided above.

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