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The yearly maintenance charge (AMC) is the charge that you pay to maintain your Demat account with your broker. Zerodha deducts the AMC charges quarterly.
The AMC charge is “0” if your account is a BSDA account( Basic Service Demat Account). For the BSDA account, the condition is you need to have only one Demat account and the holding value including stocks, mutual funds, and bonds should be less than 2 lakhs.
For the Non-BSDA account, the AMC charge is as below.
| Account type | Quarterly Charges | Per year |
| Individuals, HUFs, and partnership firms | Rs75 + 18% GST | Rs300 + 18% GST |
| NRIs | Rs125 + 18% GST | Rs500 + 18% GST |
| Corporates, i.e. LLPs and private & public companies | Rs250 + 18% GST | Rs1000 + 18% GST |