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Hi Zerodha Team,

My question is slightly similar to below but still want to clarify once. I have Demat Account with HDFC. So if I make Zeroda beneficiary on that account will there be charges to me for this? Also, if I make Zeroda as beneficiary on HDFC Demat Account, can I buy and sell both using Zeroda and brokerage will go to Zeroda only and no brokerages to HDFC and HDFC will charge only Annual maintenance charge? Please correct me if I am wrong here. Also, HDFC has a condition that if we do more than 10 transactions/month then AMC gets reduced from Rs 750 to rs 500. So will the trades done via Zeroda as beneficiary on HDFC Demat get counted in those 10 transctions of HDFC Demat or not? Also, what will be delivery charges in transferring shares to HDFC Demat account once Zeroda is beneficiary

Thanks

Girish u posted ur query here in Jan 2015. Now Sept 2015 end. Have u got reply from zerodha? where is reply?