Comment on Account Opening Documentation & Charges

Hanan commented on 24 Sep 2015, 07:40 PM

Our answers, Farsheed. No problem with the number of questions. 🙂

1. Nope. No need to print the annexure. It’s just for your information.

2. Best is to send it to our processing center directly in Bangalore
#153/154, 4th Cross, Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore – 560078

3. Nominee can be added anytime, but we need the physical form. Regulations state that we need to collect everything in hard copy.

4. Yes, that’s the total amount you need to send for account opening. AMC is charged at the end of the financial year at Rs. 300 per annum.

5. When you transfer shares from your existing demat account to Zerodha, you’ll have to pay your existing DP. Zerodha doesn’t charge anything for receiving these shares. If you are closing that demat account you should be able to get the transfer done for free.

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