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Curently Transaction charges are charged on a monthly basis which includes NSDL / CDSL Charges as other statutory charges like Service Tax and Cess. Details of the same are provided in the monthly "Transaction cum Billing" Statement
Dematerialisation charges are charged on a monthly basis for the DRF and certificates submitted to us.
Annual Maintenance charges are charged on a yearly basis. The same is charged at the expiry of every 12 months for the next year.
All such charges are debited to the Savings / Current Account to which you have authorized the bank to debit the charges.
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Disclaimer:
Whatever have been stated above are in the good interest of the Investor / Demat Applicants / holders to provide a brief picture about the depository system. You are requested go through the guidelines of the depositories before taking any further action. For detailed guidelines, you are requested to approach your nearest HDFC Bank branch. HDFC Bank will not be responsible for any misunderstanding / act based on the above. Also HDFC Bank might ask for additional information / documentation than what has been stated above to process your application / instruction.
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