What is Account Maintenance Charge (AMC)?
Account Maintenance Charge (renamed from annual maintenance charge) is the charge to maintain the demat account with Zerodha.
The AMC for maintaining a demat account at Zerodha are as follows:
|Type of account||Annual charges||Quarterly charges|
|Individual, HUF, and partnership firms||₹300 + 18% GST||₹75 + 18% GST|
|NRI||₹500 + 18% GST||₹125 + 18% GST|
|Corporates, i.e. LLPs and private & public companies||₹1,000 + 18% GST||₹250 + 18% GST|
|IL&FS demat (accounts opened before 15th Sep 2015)||₹400 + 18% GST||₹100 + 18% GST|
AMC is charged per quarter, i.e., every 90 days starting from the account opening date, and is deducted from the Zerodha account. AMC is posted on the funds statement, and the amount can be seen by visiting console.zerodha.com/funds/statement.
The AMC for a Basic Service Demat Account (BSDA) account is charged based on the value of the holdings and is as follows:
|Holding value||Annual charges||Quarterly charges|
|Up to ₹50,000||No AMC||No AMC|
|₹50,001 to ₹2,00,000||₹100 + 18% GST||₹25 + 18% GST|
|Above ₹2,00,000||₹300 + 18% GST||₹75 + 18% GST|
To learn more about BSDA, see How to open a Basic Service Demat Account (BSDA) at Zerodha?