Comment on Account Opening Documentation & Charges

Venu Madhav commented on 07 Apr 2015, 08:25 PM

The purpose of the ECS is to take an authorisation from you to debit your AMC charges once in a period of 6 months. The demat charges may either be debited from your bank account (ECS Authorisation) or from your trading account (Next sheet which iss “Authorisation to debit Demat account operating charges”)

Since your trading account’d be with Zerodha, you can choose to sign the Voluntary page and ignore the ECS page.

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