What is the AMC in mastertrust for a Demat account?

What is the AMC in mastertrust for a Demat account?

Annual Maintenance Charges for Demat Account is free for the First Year from the Account Opening. However, from Second Year onward AMC shall be applicable for Demat Account, i.e. Rs. 300 + GST@18%. i.e. Rs.354

Annual Maintenance Charges for corporate account is Rs.2500 + GST @ 18% i.e. 2950


    • Related Articles

    • What is the process for transfer of Shares from my mastertrust account to other Demat account?

      In order to transfer your shares from one Demat account to another account you need to fill Delivery Instruction Slip (DIS) which you must have received at the time of account opening. Kindly mention the target Demat account details in “Off Market” ...

    • What is CM BP ID of mastertrust?

      CM BP ID stands for Clearing Member Business Partner ID. Below is the CM BP ID of mastertrust. For NSDL [Exchange NSE] IN557569                                  [Exchange BSE] IN654383  For CDSL                         [Exchange ...

    • What are the charges for Dematerialization of the Shares?

      For Regular Account: Rs.20/- per DRF + Rs.3/- per certificate For Basic Service Demat Accounts: Rs.50/- per DRF + Rs.10/- per certificate

    • What is Dematerialization of Securities?

      An Investor can keep his shares in Demat account only in Electronic form. Dematerialization is the process by which Customer can get his physical Shares Certificates converted into electronic Form.

    • What is 'Off Market' transaction of Shares/Securities?

      Off Market transaction is one which is settled outside of the trading platform where there is no role of any broker and the settlement takes place between two parties/persons. It is applicable in that case where the Client wants to transfer shares ...