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Demat account opening charges
Enjoy lowest demat account charges from Karvy Stock Broking Ltd!
Rs. 650/- Minimum or as decided by KSBL from time to time or as applicable to any scheme.
Other Charges: Exchange Transaction charges, SEBI Turnover Fees, Handling Charges, Stamp duty, Service Tax, Securities Transaction Tax, Clearing Member charges, any other Statutory charges/levies as applicable.
Handling Charges, over and above brokerage would be levied, where the brokerage generated per contract per Exchange segment is less than Rs. 25, to make sum of brokerage plus handling charges equal to Rs. 25.
An Administrative Charge of Rs. 10/- would be levied per each offline executed order (orders executed through our service desk / Branch Office) with a maximum of Rs. 50/- per day.
| Annual Maintenance | Resident India | NRI |
|---|---|---|
| Rs. 500/- | Rs. 1500/- | |
| Transaction Fees (Applicable only when securities move out of Demat Account) |
1. If sold through KSBL:
2. Rs. 30 per transaction up to a value of Rs. 30000 or part thereof, Rs. 10 for every additional value of Rs. 30000 or part thereof, Subject to Minimum of Rs. 30 and Maximum of Rs. 1000 per transaction. |
|
| Dematerialization Charges | a. Rs. 5 per Certificate b. Courier Reimbursement Charges - Rs. 40 per DRF |
|
| Rematerialization Charges |
a. Flat fee of Rs. 20 for every 100 securities or part thereof b. Flat fee of Rs. 20 per Certificate, whichever is higher |
|
| Pledge (Creation/Closure/Invocation/Confirmation) |
0.03% of value of the pledge. Minimum Charge Rs. 100 per scrip. Maximum Rs. 1000 |
Note:
- Above charges are exclusive of service tax, securities transaction tax and other levies by Government Bodies / Statutory Authority as applicable from time to time, unless otherwise specified.
- Charges are subject to revision at the Company’s sole discretion as informed by circulars sent by ordinary post / courier.
- Charges quoted above are for the services listed. Any service not quoted above will be charged separately.
