#1
2nd January 2017, 05:37 PM
| |||
| |||
Central Bank Of India Demat Account Charges
Hi buddy I am thinking to open Demat Account in Central Bank Of India so can you here tell me its Charges info ??
|
#2
3rd January 2017, 12:12 PM
| |||
| |||
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 |
|