These charges, known as Demat AMC (Annual Maintenance Charges), apply to maintaining your demat account with CDSL. The applicable charges will be debited from your trading account at the end of each calendar month based on your holding value as of the last day of that month and the number of accounts as reported by the depository.
Revised Charges for 5paisa Demat Account Holders (with effect from 1st January 2021):
For BSDA Clients (Basic Services Demat Account):
|
Holding Value of Securities on the Last Day of the Month |
Number of Demat Accounts Across Brokers |
Demat Maintenance Charges Per Month (Exclusive of GST) |
|
Up to Rs. 50,000 |
Up to 1 |
Zero |
|
Rs. 50,000 - Rs. 2,00,000 |
Up to 1 |
Rs. 8 |
|
Above Rs. 2,00,000 |
Up to 1 |
Rs. 25 |
|
Less than Rs. 2,00,000* |
More than 1 |
Rs. 25 |
*As per SEBI guidelines, BSDA clients who hold more than one account across depositories, irrespective of the holdings, will be charged Rs. 25 per month plus 18% GST.
For FSDA Clients (Full Service Demat Account):
All FSDA clients will be levied an amount of Rs. 25 per month plus 18% GST towards the Demat AMC (Annual Maintenance Charge).
By understanding these charges, you can better manage your demat account and anticipate the costs associated with maintaining it.