What are the benefits of opening Demat Account with ProStocks?

: Demat; 07 October 2016; Hits: 13084

What are the benefits of opening Demat Account with ProStocks?

Having a demat account with ProStocks saves you the hassle of transferring shares every time you sell, as these shares will be automatically adjusted from your demat account making your trading experience superior.

ProStocks offers life time zero AMC Demat Account saving you money every year. ProStocks collects Rs 1000 refundable deposit towards demat account and returned back as and when client closes their account.

Credit of shares in your demat account is completely free and debits are charged Rs 20 plus GST per ISIN (per instruction).

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Rakesh

Comments (3)

Guest - Sathya Swaroop Sunny
about 7 years ago

Credit of shares in your demat account is completely free and debits are charged Rs 13.50 plus service tax per ISIN ( per instruction).
Can I get some more explanation on this statement. Is at an extra charge to Rs.1000.
Also in your calculator, the Krishi cess, educational cess etc.. are not costed...
Shouldnt that be added too...

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Team ProStocks
Guest - Sathya Swaroop Sunny

about 7 years ago

Rs 1000 is refundable deposit and not charges. Account opening is free. Trading and Demat Account AMC is life time free. Credit in your demat account is free.
Debit on account of Sell of shares on stock exchange is charged Rs 13.50 (Rs 5.5 CDSL charges Plus Rs 8) plus service tax of 15% including Cess.
Our Brokerage calculator takes Service Tax rate of 15% inclusive of Cess.

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Guest - Aashutosh
about 4 years ago

May I know the charges while selling an equity stock which was bought as an equity delivery for which zero brokerage was there at the buying time.

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