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what is the minimum amount required to open a demat account? March 04 2021Demat account opening, how to open Demat account

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Demat account has been a point of discussion in the past blogs. Every individual which has fair knowledge about share market knows that holding a demat account is mandatory in order to trade in the share market. Any investor in India who intends to own securities such as stocks, bonds, or mutual funds must first open a demat account. Demat accounts are electronic records that track the ownership of tradable assets. Demat is the short form for dematerialized.

Opening a demat account is really an easy process wherein you just have to provide the necessary details asked and you’re good to go. Although you need to pay charges to open a demat account.


Until a few years ago, investors had to pay a handsome amount to open a demat account. Now a days demat account opening charges are drastically reduced.

The Account Maintenance Charge is a charge which is levied on the account holder by the service provider in order to maintain the demat account. The Annual Maintenance Charges (AMC) vary significantly. Some DPs charge investors a flat fee of Rs 300-500 per year, while others waive annual maintenance fees for the first year to draw customers then they start charging from the second year onwards.

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Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number/Email id with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors...

REGISTRATION NOS:

INDIRA SECURITIES PVT.LTD. (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015

DISCLAIMER:

"INVESTMENT IN SECURITIES MARKET ARE SUBJECT TO MARKET RISKS, READ ALL THE RELATED DOCUMENTS CAREFULLY BEFORE INVESTING."

INVESTORS GRIEVANCE

Jyoti Singh. Email: compliance@indiratrade.com. Call : 0731-4797275