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 date. However, from
Second Year onward AMC is applicable @Rs. 300 + GST@18%. i.e. Rs. 354 p.a.
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?
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” section ...
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. Depository NSE ID BSE ID NSDL IN557569 IN654383 CDSL 1202290000430219 1202290000045861
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. Customer can convert their physical certificate into ...
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 rematerialization of securities?
Re-materialization is the process by which a customer can get his Securities holding in electronic form (In Demat Account) converted into physical certificates. Customer can convert their shares lying in Demat Account into physical certificate by ...