Central Bank of India Revised Fee Structure for Demat
Central Bank of India Revised Fee Structure for Demat from Download
The Central Bank of India revised fee structure for Demat accounts outlines the official service tariffs levied on retail, corporate, and staff accounts. [1]
The primary schedule of charges is detailed below:
1. Account Opening & Annual Maintenance Charges (AMC)
- Account Opening: NIL.
- Staff AMC: ₹150.00 per annum.
- General Public AMC: ₹300.00 per annum.
- Corporate / HUF AMC: ₹1,000.00 per annum.
- Basic Services Demat Account (BSDA): Capped as per standard SEBI guidelines based on holding value. [1, 2, 3]
2. Transaction & Trading Fees
- Purchase Transactions (Market/Off-Market): NIL. [1]
- Sale Transactions (Market/Off-Market): 0.03% of market value (Subject to a minimum of ₹20.00 per transaction). [1]
- Failed Instructions: ₹25.00 per instruction. [1]
- Freeze / Unfreeze Instructions: ₹25.00 per instruction. [1]
3. Processing, Physical Documents & Pledge Fees
- Dematerialisation Processing: ₹3.00 per certificate plus a flat ₹35.00 per request (Actual postage costs apply). [1]
- Rematerialisation Processing: ₹15.00 per 100 securities or ₹15.00 per certificate, whichever is higher. [1]
- Pledge Creation / Closure: 0.03% of market value (Minimum ₹30.00 per transaction). [1]
- Pledge Invocation: 0.02% of market value (Minimum ₹30.00 per transaction). [1]
- Subsequent DIS (Delivery Instruction Slip) Issue: ₹45.00 per book. [1]
- KYC KRA Charges: ₹30.00 for upload and ₹35.00 for download. [1]
4. Important Billing Notes
- Upfront Collection: Annual maintenance charges are non-refundable and debited upfront at the beginning of the financial cycle.
- Account Freezes for Dues: If fees cannot be recovered due to an insufficient balance in your linked Central Bank of India savings account, depository services will be temporarily disabled. A ₹200.00 fee applies to reactivate the account.
- Taxation: All government statutory levies, GST (18%), and cess are charged additionally on top of these base fees. [1, 2]
For official verification of these rates, you can scan the consolidated schedule on the Central Bank of India Demat Tariffs web page. [1]
If you are reviewing your account setup, let me know:
- Do you qualify for a Basic Services Demat Account (BSDA) based on your portfolio value?
- Would you like assistance calculating the total transaction cost for a specific share sale volume?
- Are you checking these rates for an individual account or a corporate/HUF structure?
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