What is the AMC for a Demat account each year?
Annual Maintenance Charges or AMC is charged in order to maintain your Demat account. The amount of AMC that you have to pay depends on the stock broker you are with. It ranges from Rs150, most charge Rs 300 and some even charge as much as RS 800/900 going upwards from the second year, depending upon the type of demat account you choose- individual or joint accounts, NRI demat accounts, demat...
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