Do I have to pay yearly maintenance fees to avail SAMCO margin funding?

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The margin product comes with an annual subscription charges (AMC). This yearly fee is not refundable.

SAMCO CashPlus AMC: Rs 1000 per year
SAMCO StockPlus AMC: Rs 1500 per year
SAMCO InstaPlus AMC: Rs 1500 per year

In addition to SAMCO margin funding product AMC charges, they also charge daily interest and demat fees for pledge/un-pledge of shares for margin funding.

Topic: SAMCO Margin Funding - CashPlus, StockPlus & IntraPlus Explained Article

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