hdfc demat & depository charges apart from the commissions and taxes on every trade also include a monthly depository fee which is always arbitrary and doesn''t make sense. I even asked them to provide receipts but they never comply !
My friend, you can contact HDFC Bank Depository services @ dphelp@hdfcbank.com for any query pertaining to your demat account. Guess you will get your response to the above concerns raised.
We are paying brokerage and other taxation charges.In addition to above depository charges are charged to trading account customers which eats the profits of small traders. May I know what is the percentage of depository charges are charged.It is an additional charges to customers.
I am also using the HDFC Securities for trading. But the problem is Brokerage is also very high. AMC charges are more and again they are collecting the Depository Charges from the small investors also.
Please suggest any good Trading and Demat account. Less brokerage and free Demat account.
I am using HDFC Securities from last few years. I will accept with you for brokerage charges. Here what my concern is - HDFC Sec is debiting as Depository charges. This is other than brokerage charges. They are deducting from my HDFC savings account.