What are Account Maintenance Charges in Sharekhan?
Sharekhan is a well-known stock brokerage company in India that provides its clients with a variety of trading and investment services. Understanding the various account maintenance fees is crucial when thinking about creating an account with Sharekhan in order to make wise investment choices.
The Account Maintenance Charges of Sharekhan are listed below:
Segment | Charges |
Account Opening Charges | ZERO |
Research access across all segments (Equity, Commodity, Currency) | FREE |
Dial-N-Trade | FREE |
DP Annual Maintenance Charges | ZERO for the 1st year and ₹100 to 500 depending on the scheme from next year |
Change of Address | FREE |
Change of Bank | FREE |
Updation of Nominee | FREE |
Fund Transfer Charges | FREE |
Conclusion
Sharekhan offers a clear pricing structure with no fees for starting trading accounts and no annual maintenance fees for trading accounts. However, if you register a trading account with them, the Demat account’s yearly maintenance fee of Rs 400 is waived for the first year.
Making knowledgeable choices regarding your Sharekhan investments requires that you have a thorough understanding of these fees.