Monday, September 18, 2017

FundsIndia - Demat Account Charges | Regular vs Basic Services Demat Account Differences Review

FundsIndia offers two types of demat accounts:

  • Regular account -  provides access to all the facilities provided by FundsIndia on its equity platform
  • Basic Services Demat Account - this type of account is provided for investors who would be investing relatively lower amounts
Nature of servicesRegular accountBSDA account
Transaction charges₹10 + taxes₹30 + taxes
Demat charges per certificate₹100 (min ₹200 per request)₹200
Remat charges per certificate₹100 (min ₹200 per request)₹200
Annual maintenance charges₹200Holdings up to ₹50,000 – No charges 
Holdings more than ₹50,000 but less than ₹2 Lakhs – ₹100 
Holdings more than ₹2 Lakhs – ₹200