What is the Annual Maintenance Charge?
The Annual Maintenance Charge is the cost to maintain your demat account and thus, it is applicable only for the demat account maintained with us, i.e your trading account and commodity account will not have a maintenance charge.
AMC for maintaining a demat account at Zerodha:
- For individuals, it is Rs. 300 + 18% GST
- For partnership and LLP accounts, it is Rs. 300 +18% GST
- For corporate accounts, i.e. public and private limited companies, it is Rs. 1000 + 18% GST
- For IL&FS demat (accounts opened before 15th Sep 2015), it is Rs. 400 + 18% GST
The AMC is directly charged from your trading account balance once in a quarter.
Note: AMC is charged per quarter (at applicable AMC charges divided by 4) i.e. every three months starting from the date of account opening.