Frequently asked questions
An annual maintenance charge is payable to the Depository Participant (DP) for Demat account.
Yes, you can open a Demat account for free with the Bajaj Broking Freedom Pack. It is free for the first year, and second year onwards, the account holder needs to pay Rs. 431 per annum.
Your shares are kept electronically in your Demat account. There is no required minimum balance because shares, not money, are kept in Demat accounts.
The brokerage charges for Bajaj Broking Demat account starts at as low as Rs. 5 per order.
You can enjoy the benefit of zero account opening charge when you open a Demat account online with Bajaj Financial Securities Limited. This means you can start investing in the stock market without paying any upfront fee.
The different types of Demat account charges are:
- Account opening charges
- Account maintenance charges
- Charges for off-market transfer
- Pledge/ unpledge charges
- Dematerialisation/ rematerialisation charges
When you open a Demat account with Bajaj Financial Securities Limited, you can enjoy zero brokerage on equity delivery.
Demat AMC stands for Demat account annual maintenance charge, which is a fee charged by Depository Participants (DPs) to maintain a Demat account. This fee is levied annually for the maintenance of the account, and it covers the cost of offering services related to the account. These charges may vary depending on the service provider and the services availed.
