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3rd January 2017, 12:12 PM
Super Moderator
 
Join Date: Aug 2012
Re: Central Bank Of India Demat Account Charges

Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India.

Central Bank of India DEMAT account is Investor’s account which is similar to Savings Bank/Current accounts with a Bank through which purchase and sale of securities can be done.

Charges info
Sr No Particulars Charges(Rupees)
1 Account Opening Charges NIL
2 Account Maintenance Charges
Staff 150
General Public 300
Corporate/HUF 1000
3 Documentation Charges Actual Stamp Cost borne by the holder
Rs 100 in Maharashtra(Differs as per State rules)
4 Custody Charges NIL
5 Purchase(Market/Off Market) NIL
6 Sale(Market/Off Market) 0.03% of the market value (Minimum Rs. 20.00 per transaction)
7 Dematerialisation Rs 3.00 per certificate and Rs 35 per request
8 Postage for Demat Actual Postage Charged
9 Dematerialisation Return Actual Postage Charged
10 Rematerialisation Rs 15.00 per 100 securities or Rs 15.00 per certificate
whichever is higher
11 Rematerialisation Return Actual Postage Charged
12 Creation/ Confirmation of creation of Pledge 0.03% of market value(Minimum Rs 30.00 per transaction)
13 Closure/Confirmation of closure of Pledge 0.03% of market value(Minimum Rs 30.00 per transaction)
14 Pledge Invocation 0.02% of market value(Minimum Rs 30.00 per transaction)
15 Account Closing Charges NIL
16 Failed Instruction Charges RS 25 per instruction
17 Freeze/Unfreeze RS 25 per instruction
18 DIS Subsequent Issue Rs 10 per book
19 KYC KRA CHARGES Rs 30.00 For upload - Rs 35.00 for download
or actual as charged by CVL-KRA
20 Securities Lending NIL
21 Securities Borrowing Rs. 50.00
22 Other Charges All taxes/Service Tax/levies/cess as applicable


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