I want to open DMATE A/C plz give me full detail without investing wat would be holding cost of account in yr?

Question

with sutaible example suppose i m having Rs 10000 and want to invest iv Infosys share

Answer 1

Get the question correct first. You need to in touch with banks like ICICI, etc for open a Demat A/c. There will be nominal charge for year (750Rs for year in ICICI). Then you can deposit money and buy the shares, which ever company you want. There won't be any restrictions for amount you need to put in the a/c. But every trading(Buy/Sell), there are transaction charges will be applicable.

Answer 2

It is not DMATE A/C, but DEMAT A/C.
It is just like opening a saving Account, but is limited to nationalised bank. U have to check with the branch, u have on mind , whether they provide the service of Demat a/c.

This money u put in demat A/c will be used if u sell ur share, which means the money is through not like a cheque bouncing case.

The other details of min- balance Pl check up as there was supposed to be a change to increase.

Answer 3

u must have a normal savings or current a/c with the back to open a demat a/c.

it is free in hdfc in festival season to open a demat a/c.

usually there is a change in the terms n conditions from bank to bank.

better go n find out with one of nationalisied bank..

u must have a PAN(permanent account number) card to open a dema a/c.

Answer 4

Visit www.sharekhan.com this 'll assist u to open a DEMAT account

Answer 5

and it takes about a month to get ur DEMAT account to get going,mine is in process applied for a month ago.
it will also help to trade online,buy bonds,SS in a P.O.

Answer 6

with out trading a/s you can open demat a/c. first year free, from IInd year you have to pay rs500 per year

Answer 7

You can open a a/c in ICICI Bank where u can also trade your self.