uTrade AlgosOpening a demat account with Share India is absolutely free, with zero account opening charges. The charges to consider are the Annual Maintenance Charges (AMC). At the time of opening an offline demat account, the user gets the option to choose the Schedule of AMC Charges via filling and submitting SCHEDULE OF SERVICES CHARGES FOR DP SERVICES along with the rest of the documents.
| Services | SCHEME – A | SCHEME – B | SCHEME – C | ||
| Account Maintenance Charges | Online mode (for Individual Account Only) ₹0 for first year (365 days) ₹200/annum (after 365 days) |
For Individual Account offline or online First 365 days: ₹1,000/- (Non Refundable) After 365 days : Nil |
Value of Holdings in the Demat Account (Debt as well as other than debt securities) combined | Maximum AMC | |
| Offline mode For Individual Account ₹200/- per annum For Corporate Account ₹1500/- per annum |
For Non-Individual Account offline or online First 365 days: ₹10,000/- (Non Refundable) After 365 days : Nil |
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| Up to ₹4 Lakhs | Nil | ||||
| More than ₹4 Lakhs but up to ₹10 Lakhs | ₹100/- | ||||
| More than ₹10 Lakhs | Not a BSDA. Regular AMC may be levied | ||||
This makes Share India’s demat account an affordable choice for your trading and investment journey! Detailed information about our Demat Account Charges can be checked here.