Monthly CDSL Charges

[vmonu]

Hi all
Is the monthly CDSL charges deducted by Indiabulls legible? Does everyone have to pay the charges every month?

 

[nb_money]

Hi,

I am planning to open an account in Indiabulls and at present looking for any imformation before I register with them. I talked with an agent recently and he didnt mention about any demat account charges. Can u please tell me how much CDSL charges are they charging you at the moment ? And also can you confirm whether there is any DP transaction charges when you trade through them ?

Regards,
N.B.

 

[vmonu]

Hi

CDSL charges Rs.10 for every sell transaction, so the same amount is debited from Indiabulls Ledger Balance whenever we sell a share.
There is no AMC every year as Rs. 900 is lifetime charges.
Here is the complete list:

 

[alroyraj]

Hi vmonu once you buy any stock and it is held in demat account have to got any monthly CDSL charge if not then it might not be charged. Recently Angel and prev Sharekhan have started these new charges(inter settlement charges).

 

[vmonu]

Hi vmonu once you buy any stock and it is held in demat account have to got any monthly CDSL charge if not then it might not be charged. Recently Angel and prev Sharekhan have started these new charges(inter settlement charges).

Hi alroyraj
Till now Indiabulls have not charged any inter-settlement charges from me. They charge Rs.11 whenever i sell securities from my Demat account and that amount is deducted at end of every month from my trading account balance.

I don't know whether it will be applicable in future.