How is Demat maintenance charge levied?
Demat Maintenance charges are applied for maintaining your demat A/c with CDSL. It is known as Demat AMC (Annual Maintenance Charges).
With effect from 1st January 2021, the revised
charges which shall be applicable to 5paisa demat account holders are shown
*As per SEBI
guidelines, BSDA clients who hold more than 1 account across depositories
irrespective of the holdings, Rs. 25 per month. + 18% GST AMC will be charged.
The applicable charges will be debited to your trading account at the
end of every calendar month, depending on your holding value as on the last day
of the respective month and the number of account as reported by the depository
The aforementioned slabs are applicable to only BSDA clients. All the FSDA clients shall be levied an amount of Rs.25 + 18% GST per month towards the Demat AMC (Annual Maintenance Charge)