What is Account Maintenance Charge (AMC)?
Financial institutions impose an annual fee known as the Account Maintenance Charge (AMC) in order to maintain and service different kinds of accounts.
What are the fees for maintaining a Demat account in MoneySukh?
First Year: There are no account maintenance fees for the first year with MoneySukh.
Starting in the second year, the annual maintenance charge (AMC) for the Demat account is ₹300 + 18% GST.
It's crucial to remember that this only applies to the Demat account. Additionally, MoneySukh provides free account opening fees for both Demat and trading accounts.
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