Can client avoid paying AMC charges by closing Demat account?

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• What are Annual Maintenance Charges?/What are AMC charges for a Demat account?

  AMC (Annual Maintenance Charges) are fees charged by the Depository Participant (DP) for maintaining your Demat account and providing related services such as account maintenance, statement generation, and record keeping. AMC charges are generally ...

• How can check whether AMC charges have been paid?

  You can check the payment status of AMC charges by reviewing your account ledger, transaction statement, or billing details available through your trading and Demat account platform.

• Is there any closure charges for closing account?

  There are no charges for closure of account

• What can client do to avoid the situation of payout?

  Client can trade/invest in the account once in 30 days to avoid the situation of Auto payouts.

• Can client link multiple demat account with his trading account?

  Yes. Client can link multiple demat account with Trading account. To link an additional demat account with the trading account, needs to submit the required documents as per the process outlined. Please find enclosed: Duly filled Change in Account ...