Account Maintenance Charge (AMC) is a fixed quarterly charge that is billed to your account.
Account maintenance charges for the first year are 0. However, the following are the charges for customers from 2nd year onwards.
- Non-BSDA (Basic Services Demat Account) Clients – Rs. 60+ GST billed every quarter.
- For BSDA Clients –
If the holding value is less than 4 lakh, AMC is 0.
If the holding value is between 4 lakh and 10 lakh, AMC is Rs. 100+GST billed every year.
You can check the AMC levied to your account by navigating to Account → Trades and Charges → Other Charges screen on the app.