What is LifeTime FREE AMC Demat Account offered by iTradeOnline?

Depository Participants like iTradeOnline (Trustline Securities) charge Annual Maintenance Charges (AMC) from the customer, irrespective to you do any transaction or not. This is a fixed yearly amount customer have to pay to keep the demat account active. This Demat AMC amount ranges from Rs 300 a year to Rs 1200 a year based on the DP service provider.

iTradeOnline offers a lifetime zero AMC demat account. To get this facility customer has to pay one-time fee of Rs 1000 at the time of opening a demat account. Note that 50% (Rs 500 off) disount is available for limited time.

The customer doesn't have to pay yearly fees (know as AMC) in this plan.

Note that you could opt for plan anytime by submitting an application.