Lifetime Free Demat Accounts in India - Free Demat AMC Brokers (2024)

FAQs

Lifetime Free Demat Accounts in India - Free Demat AMC Brokers? ›

AMC-free Demat accounts, also called zero Demat AMC accounts, do not levy annual maintenance charges, saving account holders from yearly fees. A Demat account is a mandatory requirement for investing in the Indian stock market.

AMC-free Demat accounts, also called zero Demat AMC accounts, do not levy annual maintenance charges, saving account holders from yearly fees. A Demat account is a mandatory requirement for investing in the Indian stock market.

Yes, 5paisa is a free Demat account. There are no charges for account opening or annual maintenance. Fixed brokerage fees apply, with 0.1% or Rs 20 per trade (whichever is lower) for equity delivery trades and 0.05% or Rs 20 per trade (whichever is lower) for Intraday and F&O trades.

Account Maintenance Charges: While some brokerages may charge an annual account maintenance charge, there are no annual account maintenance charges at Upstox, you can open and use your Upstox Demat account for free.

Zerodha Demat Charges 2024. Zerodha is the Depository Participant (DP) with CDSL to allow customers to open a Demat account online. The demat account opening charge at Zerodha is Free while demat account maintenance charge (AMC) is Rs 300 PA charged on a quarterly basis (in every 3 months).

Angel One trading and demat account opening fees are Rs 0 (Free). Angel One charges Rs 240 per year demat account AMC. Angel One demat debit transaction fee of Rs 20 per ISIN (Rs 50 per ISIN for BSDA Client) per debit transaction.

Over the years, our mission has evolved from just offering the best platforms to helping Indians do better with their money. To further that goal in mind, we've made account opening free for all resident Indians starting June 29, 2024.

Is Zerodha really brokerage free? ›

All equity delivery investments (NSE, BSE), are absolutely free — ₹ 0 brokerage.

With HDFC Bank, you can enjoy free Demat Account opening, and you can track your investments on-the-go with NetBanking.

second in terms would be Dhan as they offer 0 AMC account and 0 charges on equity delivery. good in terms of features and using it as my primary broker. they are improving very fast and constantly take feedback from users.

At Dhan, our pricing model is as follows: Account Opening, AMC & Platform Fees- Rs 0. Delivery Trade in Equity, ETFs & IPOs- Rs 0. Intraday Trade in Equity and All Futures- Rs 20 or 0.03% of trade value, whichever is lower.

4) We charge nothing for Depository Participant AMC if the value of your shares is less than ₹50,000. If it exceeds ₹50,000, then you have to pay just ₹75 per quarter. 5) If you pledge shares, you will have to pay ₹50 only per script. 5paisa offers the best services across various financial domains at the minimum cost.

AMC means annual maintenance charges for demat accounts. The account maintenance charges in demat could range from ₹300 to ₹900. Share India charges ₹300 as AMC charges.

Account opening = Rs 0 Annual maintenance charge (AMC) = Rs 0 Brokerage = Rs 20 or 0.05% per order (whichever is lower) Regulatory & statutory charges, penalties, and GST is extra and depends on the type of order.

AMC charges are charged only on a demat account. As far as you are using Zerodha Kite to do trade, i.e. open only a trading account or Zerodha commodity account then you don't have to pay any AMC fees and thus can avoid these charges.