The Demat AMC of ₹ 300 + GST will be levied from the second year onwards. In the first year, the AMC will be ₹225 + GST (This is because 1st Quarter AMC is waived off in the 1st year of account opening).
This amount will be debited from your Trading Account Ledger on a quarterly basis. Each quarter, an amount of ₹75 + GST (₹88.5) will be debited from your FYERS account.
However please note, all clients that have opened their Demat accounts with us on or before 31st March 2020 will be continued with zero AMC.