Achiievers Demat Account Opening Charges and Details

 
 
 
 
 

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Achiievers Demat Account Opening Charges and Details

“Making Money Differently” is the tagline which tells us that Achiievers Equities Limited is fully dedicated to provide you every unique and best trading services in a very affordable price. It was established in 1999 with the name ‘Loknath Enterprises’ as a financial services provider and converted as ‘Achiievers Equities Limited’ on 15th October 2009. To be a full-service broker of India is the one of the main objectives of the Achiievers equities. Currently, it is a discount broker and it facilitates you to invest in equity, derivative, currency, commodity, mutual fund and IPO. Achiievers provides leverage on equity intraday, equity future, currency option and commodity future segments.
It offers free demat account opening on its platform. In 2018, company has started online KYC system which results that now you can open account in just 15 minutes. Achiievers follows the principle of integrity, responsibility, transparency, unity, honesty and excellence.

Achiievers Equities Limited Demat Account Opening Charges

Given below are the relevant charges on demat account:

Account

Charges

Demat Account Opening Charges

Free

Demat Account AMC

Rs.400

 

Achiievers Equities Limited Demat Charges

Achiievers Equities Limited does not charges anything for demat account opening but there are various other charges as dematerialization charges, transaction charges, pledge charges etc.

Transaction

Individual (Regular)

Individual (BSDA)

Non-Individual

Account Opening Charges

NIL

NIL

NIL

Annual Maintenance Charges (AMC)

Rs 400 p.a.

NIL

Rs 900 p.a.

Dematerialization Charges

Rs 3 per Certificate + courier charges of Rs 40 per Demat request for every 500 grams

Rs 10 per Certificate + courier charges of Rs 100 per Demat request for every 500 grams

Rs 3 per Certificate + courier charges of Rs 40 per Demat request for every 500 grams

Transaction Charges Market/Off market/Inter depository

Rs 12 + CDSL charges at actual

Rs 50 + CDSL charges at actual

Rs 12 + CDSL charges at actual

Pledge Charges (Creation/Closure)

0.02% of the transaction charges subject to a minimum of Rs 50 + CDSL charges at actual

0.05% of the transaction charges subject to a minimum of Rs 100 + CDSL charges at actual

0.02% of the transaction charges subject to a minimum of Rs 50 + CDSL charges at actual

Pledge Charges for Invocation

0.05% of the transaction charges minimum of Rs 50

0.10% of the transaction charges minimum of Rs 100

0.05% of the transaction charges minimum of Rs 50

Re-materialization Charges

Rs 25 per certificate or 0.05% of the value whichever is higher + CDSL charges

Rs 100 per certificate or 0.10% of the value whichever is higher + CDSL charges

Rs 25 per certificate or 0.05% of the value whichever is higher + CDSL charges

Failed / Rejection Charges

Rs 50 per transaction

Rs 100 per transaction

Rs 50 per transaction

Demat Rejection charges

Rs 35 per rejection for every 500 grams

Rs 35 per rejection for every 500 grams

Rs 35 per rejection for every 500 grams

Statutory & processing charges at the time of account opening

NIL

Rs 100

NIL

 

  • Charges for the modification of client details – Rs.30
  • CDSL charges for non-individuals as AMC (Lifetime) – Rs.500
  • Charges for additional delivery instruction booklet containing 10 leaves – Rs.50


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Frequently Asked Questions


In equity cash and derivative segment, you can use shares as margin facility.
At 3.15 pm, Achiievers square off all open intraday positions.
AMC of the demat account is Rs.400 + service tax @ 12.36%.
Achiievers will charge Rs.75 per month for each segment on giving daily research recommendations on SMS.
No, Achiievers provides only 2-in-1 account i.e. integrated demat and trading account.
Integrated savings, demat and trading account is known as 3-in-1 account. It promotes secure trading with 100% paperless work.
Yes, Achiievers provides trade on phone facility. You can call at the given below phone number and our professional will place the order from your side and it is absolutely free for the clients. • For equity, kindly call at 03366063021/22/23/24 • For Commodity, kindly call at 03366063008/3009/3010
Now, you can use your gold to get education loan, business loan and farmers loan, Achiievers offers quick gold loan with maximum loan value, zero processing fees, lowest interest rate, quick & hassle-free process.
Allowed Not-allowed Mega value plan to normal/default brokerage plan Normal to mega value plan Rs.15 per executed order to normal/default Normal to Rs.15 per executed order Mega value plan to Rs.15 per executed order and vice-versa
Segments Margin limit (Exposure) Equity Intraday 5 times Equity Cover Order 20 to 30 times Futures 2 times Futures Cover order 4 times Commodity 4 times Currency 2 times Options As per the actual margin

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