If I do not operate for a few months, will I still be charged account maintenance?
Even if there are no transactions executed in your account, you will be charged with the Account Maintenance Charges but if your Basic Service Demat Account value does not exceed Rs. 50,000 a year then you will not be charged AMC. This facility, however, can only be availed with one broker at a time. So if you are already availing this facility with some other broker and you have a demat account at Swastika, then will have to charge an AMC.
Can I open Joint Demat account with Swastika?
Yes, it is possible to open a joint demat account with Swastika with a maximum of three holders. The trading account should be registered in the first holders’ name and communication will be provided to the first holder only. A maximum of three ...
What are the documents required to open a demat & trading account with Swastika?
For Indian resident individuals To open a demat & share trading account you need the following documents Your PAN Card Your valid Government approved address proof (any one of the following)- Aadhar Card Driver's Licence Passport Voter's ID Ration ...
Is there an account opening fee?
We do not charge the account opening fee. However, we do offer trading and Demat account plans to choose from. They are as follows- PLANS STANDARD PRO ULTIMATE ACCOUNT MAINTENANCE CHARGE ₹250/P.A. NO AMC NO AMC AMOUNT PAYABLE ₹250 + GST & ₹150 for ...
I already have a Demat Account. Can I only open a Trading account with you?
Yes, you can easily open a trading account with Swastika by linking your existing demat account. But we would recommend you to open a new DEMAT account at Swastika. This would provide you with a seamless and paperless online investment experience. ...
I already have a demat account. Do I still need to submit my documents?
Since you already have a Demat A/c, you do not have to resubmit your documents. You should probably be KRA registered. KRA is KYC (Know Your Client) Registration Agency. You have to let us know PAN so that we can check. If you are KRA registered we ...