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Absolutely free demat account. Dhan is a CDSL depository participant that allows clients to open a Demat account to hold stocks, securities, and ETFs - all in one place. At Dhan, the demat account is free with Rs 0 account opening charges and there is no demat account maintenance fee either. Apart from the account opening and annual maintenance fees, a broker may charge various other fees for the demat account. Do you want to open a Dhan Demat account? Here is a complete list of 2023 Dhan Demat account charges such as transaction charges, pledging charges, demat and Remat charges, failed instruction charges, and others.
| Transaction | Charges |
|---|---|
| Trading Account Opening Charges | Free |
| Trading AMC | Free |
| Demat Account Opening Charges | Free |
| Demat AMC | Free |
| # | Type | Details |
|---|---|---|
| 1. | DP Source | CDSL |
| 2. | Demat Account Annual Maintenance Charges(AMC) | Zero |
| 3. | Statutory Charges (Stamp Charges payable upfront) | Nil |
| 4. | Advance Deposit | Nil |
| 5. | Transaction Charges (Market Trades) | |
| Buy (Receive) | ₹ 0 | |
| Sell (Debit) | ₹12.5 per transaction | |
| 6. | Demat & Remat Charges | |
| Demat | ₹250 per certificate + courier charges | |
| Remat | ₹250 per certificate + courier charges | |
| 7. | Pledge Charges | |
| Pledge Creation | ₹12.5 per transaction | |
| Pledge Creation Confirmation | Nil | |
| Pledge Closure | ₹12.5 per transaction | |
| Pledge Closure Confirmation | Nil | |
| Pledge Invocation | ₹12.5 per transaction | |
| 8. | Failed Instruction Charges | Nil |
| 9. | Other Charges Demat | Nil |
| 10 | Remarks | Nil |
DP charge is a flat transaction fee that is charged every time when you sell shares from your Demat account. At Dhan, the DP charge is Rs 12.50 per ISIN or per scrip + GST. The DP charge remains fixed on each sell order regardless of the number of shares or quantity sold.
No, Dhan discount stock broker not just provides its clients a free trading cum demat account but also charges zero maintenance fee on demat account for lifetime.
