axis bankAxis Bank Demat Account Charges 2024

Axis Bank Demat Account Charges 2024

Account Name

Regular Account

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Axis Bank Customers
First Year: Nil
Second Year onwards: Flat Rs. 650/- per year
Non-Axis Bank Customers
First Year onwards: Flat Rs. 2,500/- per year

Demat Charges

Rs 5/- per certificate or Rs 50/- per request, whichever is higher

Remat Charges

Rs 20/- for every 100 securities or Rs 50/- per request, whichever is higher

Debit Taxation

0.04% of value of transaction or Rs 25/- per transaction, whichever is higher

Rejected Taxation

Rs 10/- per instruction

Account Name

Basic Services Demat Account (BSDA)

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Holding Value Upto Rs 50,000/-: Nil
From Rs 50,001 to Rs 2,00,000/-: Rs 100/-
Above Rs 2,00,000/-: Tariff for regular account will be applicable

Demat Charges

Same as per regular account

Remat Charges

Same as per regular account

Debit Taxation

0.06% of value of transaction or Rs 50/- per transaction, whichever is higher

Rejected Taxation

Same as per regular account

Account Name

2 in 1 Account

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Get waiver on the Annual Charges of Rs.750/- for the first year.
Transaction linked with Annual Maintenance Charges (AMC), from the 2nd year onwards (The higher you transact, the lesser you pay)
Preferential pricing for the Imperia, Preferred and Classic customers.

Others

Unique Features of HDFC Bank Demat Account
HDFC BANK is one of the leading Depository Participants (DP) in the country.
Account Opening charges are NIL.
It has with over 2.03 million Demat Accounts
It has a wide distribution of network of more than 3500+ Demat Centres.
You can get a waiver on the Annual Charges for the first year.
You can transact more and reduce your Annual Charges from second year onwards.
Accredited with ISO 9001 Certification.

Account Name

3 in 1 Account

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Get waiver on the Annual Charges of Rs.750/- for the first year.
Transact more and reduce your Annual Charges from second year onwards.
Preferential pricing for the Imperia, Preferred and Classic customers.

Others

Unique Features of HDFC Bank Demat Account
HDFC BANK is one of the leading Depository Participants (DP) in the country.
Account Opening charges are NIL.
It has with over 2.03 million Demat Accounts
It has a wide distribution of network of more than 3500+ Demat Centres.
You can get a waiver on the Annual Charges for the first year.
You can transact more and reduce your Annual Charges from second year onwards.
Accredited with ISO 9001 Certification.

Account Name

Regular Account

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Rs 700/-

Demat Charges

Rs 3/- per certificate or Rs 50/- per request

Remat Charges

Rs 25/- for every 100 securities (max. Rs 3 lakhs) or Rs 25/- per certificate, whichever is higher

Rejected Taxation

Rs 30/- per instruction

Others

Unique Features of ICICI Bank Demat Account
You can transfer securities 24 hours a day, 7 days a week through Internet & Interactive Voice Response (IVR) at a lower cost.
With 'Speak to transfer', you can also transfer or pledge instructions through our customer care officer.
Access your demat account by sending SMS to enquire about Holdings, Transactions, Bill & ISIN details.
Dedicated customer care executives specially trained at our call centre, to handle all your queries.
Countrywide network of over 1000 branches, you are never far from an ICICI Bank Demat Services outlet
Receive SMS alerts for all debits/credits as well as for any request which cannot be processed.

Account Name

Basic Services Demat Account (BSDA)

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Holding Value Upto Rs 50,000/-: Nil
From Rs 50,001 to Rs 2,00,000/-: Rs 100/-
Above Rs 2,00,000/-: Tariff for regular account will be applicable

Demat Charges

Rs 3/- per certificate or Rs 50/- per request

Remat Charges

Rs 25/- for every 100 securities (max. Rs 3 lakhs) or Rs 25/- per certificate, whichever is higher

Rejected Taxation

Rs 30/- per instruction

Others

Unique Features of ICICI Bank Demat Account
You can transfer securities 24 hours a day, 7 days a week through Internet & Interactive Voice Response (IVR) at a lower cost.
With 'Speak to transfer', you can also transfer or pledge instructions through our customer care officer.
Access your demat account by sending SMS to enquire about Holdings, Transactions, Bill & ISIN details.
Dedicated customer care executives specially trained at our call centre, to handle all your queries.
Countrywide network of over 1000 branches, you are never far from an ICICI Bank Demat Services outlet
Receive SMS alerts for all debits/credits as well as for any request which cannot be processed.

Account Name

Resident Individual/HUF

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Rs. 500/- p.a.

Demat Charges

Rs 2/- per certificate or Rs 30/- per request

Remat Charges

Rs 20/- per request

Debit Taxation

0.04% of value of transaction (min. Rs 20/-)

Rejected Taxation

Rs 30/- per instruction

Others

Unique Features of Yes Bank Demat Account
YES BANK offers a secure and convenient way to keep track of your shares.
With a wide range of depository-related services at competitive charges, YES BANK Demat Account makes it extremely convenient to manage shares and transactions.

Account Name

Global Indian Banking (Non Resident)

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Rs. 1000/- p.a.

Demat Charges

Rs 2/- per certificate or Rs 30/- per request

Remat Charges

Rs 20/- per request

Debit Taxation

0.04% of value of transaction (min. Rs 30/-)

Rejected Taxation

Rs 30/- per instruction

Others

Unique Features of Yes Bank Demat Account
YES BANK offers a secure and convenient way to keep track of your shares.
With a wide range of depository-related services at competitive charges, YES BANK Demat Account makes it extremely convenient to manage shares and transactions.

Account Name

Corporate

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Rs. 500/- p.a.

Demat Charges

Rs 2/- per certificate or Rs 30/- per request

Remat Charges

Rs 20/- per request

Debit Taxation

0.04% of value of transaction (min. Rs 25/-)

Rejected Taxation

Rs 30/- per instruction

Others

Unique Features of Yes Bank Demat Account
YES BANK offers a secure and convenient way to keep track of your shares.
With a wide range of depository-related services at competitive charges, YES BANK Demat Account makes it extremely convenient to manage shares and transactions.

Account Name

Basic Services Demat Account (BSDA)

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Holding Value Upto Rs 50,000/-: Nil
From Rs 50,001 to Rs 2,00,000/-: Rs 100/-
Above Rs 2,00,000/-: Rs 100/-

Demat Charges

Rs 2/- per certificate or Rs 30/- per request

Remat Charges

Rs 20/- per request

Debit Taxation

0.06% of value of transaction (min. Rs 30/-)

Rejected Taxation

Rs 30/- per instruction

Others

Unique Features of Yes Bank Demat Account
YES BANK offers a secure and convenient way to keep track of your shares.
With a wide range of depository-related services at competitive charges, YES BANK Demat Account makes it extremely convenient to manage shares and transactions.

Account Name

Regular Account

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Rs.40 per month + Service Tax

Demat Charges

Rs.15 per certificate + Postal Charges of Rs.40 per request

Remat Charges

Rs. 15 per certificate Or Rs.15 per 100 shares (Whichever is higher)+ Postal Charges of Rs. 40 per request

Debit Taxation

0.04% (Minimum Rs.25) per debit transaction

Rejected Taxation

Nil

Others

Unique Features of DCB Bank Demat Account
Low annual maintenance charges.
Low transaction fees.
Access your holdings and execute delivery instructions online anytime- anywhere at your convenience through CDSL's Internet facility - 'easiest'.
Pledging and hypothecation of de-materialized securities.

Account Name

Regular Account

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Rs.285/- for individual accounts
Rs.1140/- for corporate accounts.

Demat Charges

Rs.12/- per certificate + mailing charges of Rs. 50 per request

Remat Charges

A fee of Rs.30/- for every hundred securities or part thereof + mailing charges Rs.50/-

Debit Taxation

0.025% of the value of shares (Subject to a minimum of Rs.35)

Rejected Taxation

Please contact nearest branch

Account Name

Regular Services Demat Account(RSDA)

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Rs.400/- per annum collected quarterly for individual accounts
Non Individual accounts - Rs 1000/- per annum collected quarterly

Demat Charges

Rs.5/- per certificate plus mailing charge Rs. 100/- per request.

Remat Charges

(a) Rs. 25/- per certificate per request
(b) Rs.25/- for every hundred securities or part thereof subject to max fee of Rs 500000/- whichever is higher plus mailing charge Rs.100/-

Debit Taxation

(a) Rs 25/- per instruction & (b) Rs 15/- per instruction for resident Fed-e-Trade customers
Non Individual accounts - 0.0150% with a minimum of Rs 25/- and maximum of Rs 400/- per instruction for market value of securities

Rejected Taxation

Please contact nearest branch

Account Name

Basic Services Demat Account(BSDA)

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

a) Nil for holding value up to Rs.50,000/-
b) Rs.100/- p.a. for holding value from Rs.50,001 to Rs.2,00,000/-
c) For holding value above Rs.2,00,000/- the tariff for Regular Service Demat Accounts (RSDA) will be applicable
Non Individual accounts - Rs 1000/- per annum collected quarterly

Demat Charges

Rs.5/- per certificate plus mailing charge Rs. 100/- per request.

Remat Charges

(a) Rs. 25/- per certificate per request
(b) Rs.25/- for every hundred securities or part thereof subject to max fee of Rs 500000/- whichever is higher plus mailing charge Rs.100/-

Debit Taxation

Rs 100/- per instructionfor resident Fed-e-Trade customers
Non Individual accounts - 0.0150% with a minimum of Rs 25/- and maximum of Rs 400/- per instruction for market value of securities

Rejected Taxation

Please contact nearest branch

Account Name

Regular Account

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Rs. 860/- per demat account per annum, for Corporate
Rs. 360/- per demat account per annum for others

Demat Charges

Rs. 3/- per certificate, plus Rs. 25/- per Demat Request for courier charges

Remat Charges

Rs.15/- per Certificate

Debit Taxation

0.02% of the value of the transaction.

Rejected Taxation

Please contact nearest branch

Account Name

Individual

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Rs.250/-

Demat Charges

Rs.2/- per certificate min of Rs.10/- plus postage charges.

Remat Charges

Rs.25/- per certificate plus postage

Debit Taxation

Rs.20/-

Rejected Taxation

Please contact nearest branch

Account Name

Corporate

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Rs.800/-

Demat Charges

Rs.2/- per certificate min of Rs.10/- plus postage charges.

Remat Charges

Rs.25/- per certificate plus postage

Debit Taxation

Rs.20/-

Rejected Taxation

Please contact nearest branch

Account Name

Regular Account

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Resident Individual: Rs.250/- per annum (up front)
Others : Rs.500/- per annum (up front)

Demat Charges

Rs.30/- per certificate/per company and Rs.5/- for every additional certificate

Remat Charges

Rs.20/- per instruction + NSDL charges

Debit Taxation

Rs.4.50/- per debit instruction

Rejected Taxation

Rs.25/- per instruction

Account Name

All Accounts

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

A detailed structured tariff customised to each type of investor is available at branches of Kotak Mahindra Bank.

Demat Charges

A detailed structured tariff customised to each type of investor is available at branches of Kotak Mahindra Bank.

Remat Charges

A detailed structured tariff customised to each type of investor is available at branches of Kotak Mahindra Bank.

Debit Taxation

A detailed structured tariff customised to each type of investor is available at branches of Kotak Mahindra Bank.

Rejected Taxation

A detailed structured tariff customised to each type of investor is available at branches of Kotak Mahindra Bank.

Account Name

All Accounts

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Please contact nearest branch of Lakshmi Vilas Bank Ltd

Demat Charges

Please contact nearest branch of Lakshmi Vilas Bank Ltd

Remat Charges

Please contact nearest branch of Lakshmi Vilas Bank Ltd

Debit Taxation

Please contact nearest branch of Lakshmi Vilas Bank Ltd

Rejected Taxation

Please contact nearest branch of Lakshmi Vilas Bank Ltd

Others

Customers can walk in to the branches of Lakshmi Vilas Bank Ltd for the following type of services:

  • DEMAT and Trading Account Opening.
  • Transfer of Shares(Market & Off Market)
  • Dematerialization (DEMAT) of shares ( Physical to electronic form)
  • Account/ISIN/Quantity level freeze and unfreeze of Accounts
  • Change of address and change of bank details
  • Nomination related queries-Change of nomination/deletion of nomination
  • Creation of pledge/Hypothecation, Closure of Pledge/Hypothecation
  • Rematerialization of shares in their account. (Electronic form to Physical form)
  • Transmission of Shares/Transposition of shares
  • Securities Lending and borrowings
  • Closure of DEMAT Accounts.
  • General enquires on statement of holdings of their DEMAT account/bills etc.
  • Other related queries on DEMAT

Account Name

3-in-ONE Trading Account

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Rs.200 plus service tax for all BOs. For Corporate accounts Rs.1000 plus service tax

Demat Charges

Rs.75/- plus service tax as minimum upto 2 certificates and additional Rs.10 for every other certificate.

Remat Charges

Rs.100 per request

Debit Taxation

Rs.25 plus service tax

Rejected Taxation

Please contact nearest branch

Others

South Indian Bank Ltd. offers the following facilities in a Demat Account:

  • Dematerialisation, i.e getting physical securities converted into electronic form.
  • Rematerialisation i.e getting electronic securities available in BO Account converted back to physical form.
  • Maintain record of holdings in the electronic form.
  • Settlement of trades by delivering/receiving securities from /in BO Accounts.
  • Settlement of Off-market trades i.e transactions between BOs entered outside the Stock Exchange.
  • Receiving electronic credit in respect of securities alloted by issuers under IPO, bonus and rights shares etc.
  • Destatementisation of mutual funds

Account Name

Regular Account

Account Opening Charges

Nil

Account Closing Charges

Nil

Account Maintenance Charges

Resident Individual & HUF - Rs. 250 p.a., Others - Rs. 500 p.a., SB Premium A/c Holders - Nil, Senior Citizens - Rs. 125 p.a.

Demat Charges

Rs. 2 per Certificate subject to minimum of Rs. 10 plus Rs. 50 Postage Charges.

Remat Charges

Rs. 15 + NSDL Charges + Postage Rs. 50 Subject to a maximum cap of Rs. 5,00,000.

Debit Taxation

Rs. 15 + NSDL Charges

Rejected Taxation

Rs. 10 per transaction.