Anand Rathi Demat Account Charges

Are you looking to open a demat account with the full service stockbroker named Anand Rathi but unaware of the charges associated with the account opening? Well, worry not as we talk about Anand Rathi Demat Account Charges in great detail in this article. 

Here, we will look at the Anand Rathi demat account opening charges and demat account maintenance charges that are normally charged by the stockbroker. 

If you want to know how much pressure having a demat account with Anand Rathi is going to put on your pocket then keep reading this article till the end. \

Anand Rathi Demat Account Opening Charges

Demat account is the gateway to investing in the share market but every stockbroker comes with its own fees and charges to offer different services. When it comes to the open Anand Rathi demat account, then one must consider the demat account opening charges.

Although Anand Rathi is a full-service stockbroker, it does not impose any fees for account opening.

Yes, you read it right. You can open Anand Rathi demat account absolutely free of cost and don’t charge a single rupee for opening your account. 

Anand Rathi AMC Charges

Alright, the demat account opening charges are nil but what about the account maintenance charges, also known as AMC? 

Well, as we said before, you can open an Anand Rathi demat account absolutely free of cost meaning you neither have to pay any account opening charges nor any AMC charges for demat account. 

However, from the second year onwards, you will have to pay ₹450 + 18% GST as the AMC. This AMC can be waived off for the lifetime if you:

• Pay a refundable amount of ₹3000 and maintain it till the time you have a demat account with Anand Rathi. It saves you from paying any AMC and you get this amount refunded once you close your Anand Rathi demat account. 
• If you think paying ₹3000 might be a little extra then you can simply exempt yourself from paying any AMC for the lifetime by paying a non-refundable amount of only ₹999. 

 

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 Conclusion

Anand Rathi’s zero accounts opening charge and a reasonable AMC from the second year with a couple of options to waive it off, make Anand Rathi a stockbroker worth trying. 

However, before choosing it as a stockbroker, it is important to check other fees like Anand Rathi brokerage charges, its trading app, and other features.

We hope this article has made your stance about Anand Rathi clear as mud now that you know all the details about the charges you would be paying while trading with this stockbroker. 

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