what is depository charge, how much,your demat department is also charge for it.
1.1. Trade Smart Online|| Link|January 17, 2015 10:46:14 AM
Hello Anurag, There are various charges included in depository charge. 1.Demat Transaction Charge: Rs.15/scrip for one day. Applicable only on sell side.
2.Annual Maintenance Charge: First year demat AMC is free and from next year onwards it is Rs.300 per year. 3. Dematerialization Charge: You need to pay R.100/Certificate when you convert physical shares to electronic form.
4. Off Market/Inter DP Transfer: When you transfer shares from our demat to other broker demat account, you will be charged Rs.25/scrip.