What are the Transaction Limits of a Demat Account ?
are no such limits. You can hold any value of securities or shares in your demat
account. With regards to Basic Service Demat Account (BSDA), the upper limit is
2 lacs. Although as a retail investor, you should not be worried about limits
Maintenance fees is levied on an annual
Every year, you
must pay a charge for demat account which is termed as Annual Maintenance
Charges (AMC. Annual maintenance demat charges are waived off in the case
of BSDA if the amount is less than Rs. 50,000. Those with holdings worth Rs
50,001-2 lakh would have to pay somewhere between Rs 100 and Rs 750, depending
on how many transactions they make. Some DPs may levy quarterly fees, while
others may levy a lifetime cost of Rs 2000 or more. The yearly charge may
increase to Rs 2,000-2,500 if the transaction value exceeds Rs 2 lakh.
Charges for transactions
Some DPs charge a
set amount for the month or a fee depending upon the number of
transactions you make. Though these fees vary, certain discount brokerages
(DPs) charge around Rs 1.5 for each share you trade.
Indira securities provides the best demat account facilities across Central India. It facilitates the users with best trading experience. Whether you want to invest in Stocks, Mutual Funds, Commodities or Bullion market, Indira securities is one-stop brokerage firm for all trading and investment needs.