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Zerodha Trade@20
PhonePe Wealth being a registered CDSL depository participant offers demat account opening services. You can open a free demat account with Share.Market by PhonePe at zero fees. And, the annual demat maintenance fee is Rs 180, Rs 15 per month charged on a quarterly basis. The demat account is used to safely store investments in stocks and other securities. Check complete Share.Market Demat Account Charges 2024 including Demat account opening charges, annual maintenance charges/Demat AMC, DP charges, Demat debit charges, transaction charges, failed instruction charges, and more.
| Transaction | Charges |
|---|---|
| Trading Account Opening Charges | Free |
| Trading AMC | Free |
| Demat Account Opening Charges | Free |
| Demat AMC | Rs 15 per month (Free for 1st Year) |
| # | Type | Details |
|---|---|---|
| 1. | DP Source | CDSL |
| 2. | Demat Account Annual Maintenance Charges(AMC) | ₹15 pm |
| 3. | Statutory Charges (Stamp Charges payable upfront) | NIL |
| 4. | Advance Deposit | NIL |
| 5. | Transaction Charges (Market Trades) | |
| Buy (Receive) | ₹ 0 | |
| Sell (Debit) | ₹13.50 | |
| 6. | Demat & Remat Charges | |
| Demat | ₹150 per certificate + Courier Charges | |
| Remat | ₹150 per certificate + Courier Charges | |
| 7. | Pledge Charges | |
| Pledge Creation | ₹20 | |
| Pledge Creation Confirmation | Nil | |
| Pledge Closure | ₹20 | |
| Pledge Closure Confirmation | Nil | |
| Pledge Invocation | ₹20 | |
| 8. | Failed Instruction Charges | ₹50 |
| 9. | Other Charges Demat | Nil |
| 10 | Remarks | Nil |
