Terms & Conditions


Brokerage for Equity and Equity Derivatives Rs. 20 per order executed



For newly registered clients of ASL:

Existing clients of ASL:

AQB details provided by Axis Bank will be considered as final while providing the above brokerage rates under SA75000 brokerage plan. For any queries concerning AQB data, the client will have to take up directly with Axis Bank.




Commodity Currency
Futures : 0.03% each side
Options : Rs. 50 per lot
Minimum charges : Rs.25 per Order
Futures : 0.03% each side
Options : Rs. 20 per Lot
Minimum Charges : Rs. 10 per Order

DESCRIPTION OF CHARGES REGULAR ACCOUNT BASIC SERVICES DEMAT
ACCOUNT (BSDA)
BASIS OF RECOVERY
Account Opening Charge Nil Nil NA
Account Closing Charge Nil Nil NA
Annual Maintenance Charge** Axis Bank Customer:
First Year – No AMC
Second Year Onwards: Flat Rs. 750/- p.a
Holding Value;
1. Upto Rs. 50,000/- :- NIL
2. From Rs. 50,001 to Rs.
200,000 :- Rs. 100/-
3. Above Rs. 200,000 :- Tariff
for regular accounts will
be applicable
AMC for existing Demat Accounts to
be recovered up-front every year.
New Accounts would be charged on
pro-rata basis from the Next Day of
Account Opening
Non-Axis Bank Customer:
First Year – Rs. 350/- p.a
Second Year Onwards: Rs. 750/- p.a
Demat Charges Rs. 100/- per certificate Same as per regular
account
To be recovered through monthly
bill
Remat Charges Rs.200/- for every 100 securities or part thereof. Same as per regular
account
To be recovered through monthly
bill
       
Courier Charges per Demat/ Remat/ Demat Rejection Rs.100 Rs.100 To be recovered through monthly
bill
Credit Transactions NIL NIL NA
Debit Transactions 0.04% of the value of the transaction or Rs.25/- (per Instruction) whichever is higher. 0.06% of the value of the
transaction or Rs.50/- (per
Instruction) whichever is
higher.
To be recovered through monthly
bill
Failed / Rejected Instruction Rs.10/- per Instruction Same as per regular
account
To be recovered through monthly
bill
Ad-hoc Statement Rs.100/- per physical Statement Same as per regular
account
To be recovered upfront
DIS Booklet Charge First DIS Book (10 Leaves):
NIL
Additional Booklet (10 Leaves):
Rs. 100/-
Rs. 200/- per Booklet from DIS
re-issuance
To be recovered through monthly
bill
Account Modification Charges Modification in CML:
Rs. 25/- per request
KRA Upload/ Download:
Rs. 50/-
Rs. 100/- To be recovered through monthly
bill
PLEDGE SERVICES
Creation / Closure/ Invocation 0.04% of the value of the transaction   or   Rs.   50/- (per instruction) whichever is higher. 0.06% of the value of the
transaction or Rs. 50/- (per
instruction) whichever is
higher.
To be recovered through monthly
bill
SPEED-e (Applicable for NSDL)
SPEED-e Annual Maintenance charges NSDL Charges (at actual) NSDL Charges (at actual) To be recovered through monthly
bill
SPEED-e Debit Transactions Rs.25/- per Instruction 0.06% of the value of the transaction or Rs.50/- (per Instruction) whichever is higher. To be recovered through monthly
bill
Freezing Instruction on SPEED-e Rs. 125/- per Instruction Same as per regular
account
To be recovered through monthly
bill
       
Quarterly (Physical) Statement Rs. 50/-  Rs. 50/-  To be recovered through monthly
bill
MUTUAL FUNDS
Debit Transactions Rs.25/- per Instruction Rs.50/- per Instruction To be recovered through monthly
bill
Conversion of MF units represented by SOA into dematerialized form NIL NIL To be recovered through monthly
bill
Rs.50/- per request as courier charges for mutual fund units. Same as per regular
account
To be recovered through monthly
bill
Reconversion of MF units into SOA Rs.50/- per Instruction Same as per regular
account
To be recovered through monthly
bill
Redemption of MF units through Participants Rs.25/- per Instruction Same as per regular
account
To be recovered through monthly
bill
Pledge confirmation Rs.25/- per Instruction Same as per regular
account
To be recovered through monthly
bill
Additional Points/Notes:
Non-recovery of Demat Service charges - Discontinuation of Depository Services
- Rs.200/- Reactivation charge
   
Cheque Bounce Charges Rs.350/-    

For Axis Bank Ltd Demat Charges Pls click here


Clients may write to helpdesk@axisdirect.in.