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Share India Demat Account Fees

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Share India Demat Account Fees

A demat account is an acronym for a dematerialised account which allows you to store shares and other securities in a single location. A demat account allows you to convert your shares in physical form into electronic form; this process is known as the dematerialisation. On the other hand, rematerialisation will enable you to convert your electronic shares into physical forms. 

All the demat accounts in India are maintained by the National Securities Depository Limited (NSDL) and the Central Depository Services Limited (CDSL). A depository participant (DP) allows you to open demat accounts either with CDSL or NSDL. Predominantly, CDSL helps you to buy and sell on the Bombay Stock Exchange Limited (BSE), while NSDL helps you to participate on the National Stock Exchange Limited (NSE). 

You can open a demat account within a few minutes. All you need is to complete your KYC form. It is up to you whether you choose offline or online KYC. Make sure that your demat account is linked with your bank account. 

If you want to open a demat account easily and quickly, you must choose an intuitive online stock trading app interface. With the Share India trading app by Share India, you can open a  demat account with efficiency. You can even use the Share India website to open a demat account. Share India is one of India’s leading stockbroking firms with over 27 years of existence, trusted by thousands of customers. 

Using the Share India Trading app, you can keep checking about share price movements on the BSE and NSE. In addition, you can participate in multiple investment options across equity shares, IPOs, mutual funds, SIPs, ETFs, etc. 

Before you open a demat account, you must look for various demat account charges like demat maintenance charges, transaction charges, custodian fees, etc. This article will help you understand the charges that come with demat accounts. 

  1. For a demat account opening, you will have to pay nothing. 
  2. When it comes to account maintenance charges, you will have to pay nothing after the first year of opening. After that, you will have to pay Rs. 300 per annum. 
  3. For dematerialisation charges, there is INR 50/- per DRF and INR 5/- per certificate. 
  4. The rematerialization fee is  INR 25- per certificate, plus courier fees.
  5. Transaction Fees  (NIL INR 15/- Per Charge)
  • Receipt/ Purchase
  • Delivery/ Sale 
  1. For Pledge Charges (Per Transaction) and Creation (Invocation/Closure), there will be INR 20/-
  2. For Margin Pledge Per Transaction / Release of Margin Pledge (Each Leg), there will be INR 15/-
  3. For the instruction booklet (1st book free), there will be INR 20 + INR 40courier charges (5 leaves). 

Along with these charges, there are other demat account charges. 

  • There is Rs. 20 for every intimation per instruction in the Failed Instruction Intimation.
  • When it comes to the additional statement of holding or transaction, you will have to pay Rs. 200 for up to ten pages and Rs. 15 per page above ten pages.
  • In demat rejection, you will have to pay postage charges at Rs. 50/- for the share certificate dispatching to customers.
  • If there is any modification in the client master, you will have to pay Rs. 100 offline for every request.
  • There are additional charges for any other services that are not mentioned above.
  • There are taxes and government fees or charges that are applicable occasionally but not regularly.
  • There are charges for DP services when you have trading accounts with Share India.
  • There are 24% p.a. as late payment charges. 
  • You may go through suspension/freezing of the depository services when there is non-payment of the outstanding bill until the actual clearance of the debit balance.
  • On the platform of Share India, all the charges, as mentioned earlier, need to be revised after offering 30 days’ prior notice.
  • There may be applicable GST rates on all these charges.

According to SEBI (Securities and Exchange Board of India), it is mandatory to open a demat account before you can start investing and trading in the stock market in India. You will get a wide variety of investment options to buy and sell stocks and other securities and protect your interests because of SEBI. The regulatory body is responsible for protecting the interests of traders and investors. It is owned by the Ministry of Finance, Government of India. Therefore, you must always consider demat account charges before you move towards having  it opened for you. 


Share India has been serving its users with diversified products and services in the financial industry for more than 27 years. The Share India Trading app is available on both the Google Play Store and the Apple AppStore. You must always look for several changes related to the demat account from opening to use  since your investments are subject to changes because of different demat charges. 

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