Demat Account Charges

Find charges for the best Demat Account for small investors (Get Free Demat Account without AMC)

Demat Account Charges in ProStocks (Zero AMC Demat Account)
ID Transaction Detail Fee for PoA Clients
1 Demat Account Opening Charges ₹0
2 Stamp Charges (payable upfront at actuals) ₹0
3 Annual Maintenance Charges (AMC):
  Individuals ₹0 (with ₹1000 one time refundable deposit)
  Corporates ₹0 (with ₹1000 one time refundable deposit) + ₹500 CDSL fee at actual
4 Transaction Charges per ISIN (Market Trades):
  Buy (Receive) ₹0
  Sell (Debit) ₹8 + ₹5.50 flat for every debit transaction
5 Transaction Charges per ISIN (Off Market Trades):
  Buy (Receive) ₹0
  Sell (Debit) 0.02% or ₹20 whichever is higher
6 Dematerialization ₹50 per setup
7 Rematerialization ₹50 per setup + CDSL charges
8 Courier charges per Demat/ Remat request ₹50
9 Pledge ₹50 per setup
10 Unpledge ₹50 per setup
11 Pledge Invocation ₹50 per setup
12 Periodic Statement:
  By Email Free
  Physical ₹50 (courier charges)
13 Adhoc / Non Periodic Statement Requests:
  By Email ₹10 per request
  Physical ₹50 per request (up to 10 pages). Every additional page at ₹5 + ₹50 (courier charges)
14 Delivery Instructions:
  First Delivery Instruction Book Free (5 leaves)
  Every Additional Booklet ₹100 (10 leaves)
15 Cheque Bounce/ Per cheque ₹250
16 Failed Transactions ₹50 per ISIN
17 Modification in CML ₹25 per request
18 KRA Upload / Download ₹50
19 GST @18% will be applicable on all above charges.

* Demat Account Definitions:

  • Demat: DematAccount is an online account to hold the shares in electronic form. They are similar to bank account used to hold money.
  • BSDA: Basic Service Demat Account, a type of account which offers limited services at reduced costs.
  • PoA: Power of Attorney, a legal document giving authority to broker to settle the trades though holding in clients demat account.
  • DIS: Delivery Instruction Slip, Similar to conventional cheque book for demat account. Its is used offline demat account transactions.
  • DPC: Delayed Payment Charges
  • Dematerialisation: Process to converting physical certificates to electronic form.
  • Rematerialisation: Process of converting electronic shares to physical certificates.
  • NSDL: National Securities Depository Limited, the 1st central securities depository. It offer services to hold shares in electronic form on behalf of the customer.
  • CDSL: Central Depository Services (India) Limited, the 2nd securities depository. It also offers service to hold shares in electronic form.

FAQs

ProStocks offer Zero AMC Demat Account. Unlike other brokers, customer doesn't have to pay for annual fee. The ProStocks Demat Account without AMC is for all its customers including Individual, Corporate and NRI.

ProStocks DP ID is 12083200

Note: A Depository Participant ID is a unique 8 digit number given to a depository participant (i.e. ProStocks) by the depository (CDSL or NSDL).