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Demat Account

TMB is a accredited depository participants with the NSDL (National Depository Services Limited). Our charges are extremely nominal and service is quick. We offer three different types of demat accounts to suit your different volumes and frequency of activity in the account.

TMB Demat Scheme 800 - Schedule of Charges :

Activity Charges / Rate
For detailed conditions please refer below.
Fixed Upfront Charge Rs. 800 p.a.
Annual Maintenance Charges Nil
Transaction Charges (Market &Off Market)
for Sell Rs. 8.00 (Inclusive of NSDL Charges) per instruction.
for Buy Nil

 

TMB Demat Scheme 1000 - Schedule of Charges :

Activity Charges / Rate
For detailed conditions please refer below.
Fixed Upfront Charge Rs. 1,000 p.a.
Annual Maintenance Charges Nil
Transaction Charges (Market &Off Market)
for Sell 0.03% of Market value of security dealt with / transacted.
for Buy Nil

 

TTMB Demat Scheme 1500 - Schedule of Charges :

Activity Charges/ Rate
For detailed conditions please refer below.
Fixed Upfront Charge Rs. 1,500 p.a.
Annual Maintenance Charges Nil
Transaction Charges (Market &Off Market)
for Sell NSDL Charges Only (Rs. 5.00 at present).
for Buy Nil

 

TMB Demat Account Services - Schedule of Charges :

Activity Charges / Rate
For detailed conditions please refer below.
Account Opening Nil
Stamp Duty during Account Opening At Actuals.
Annual Account Maintenance Charge (Upfront) Resident Individual & HUF - Rs. 250 p.a., Others - Rs. 500 p.a., SB Premium A/c Holders - Nil, Senior Citizens - Rs. 125 p.a.
Demat Rs. 2 per Certificate subject to minimum of Rs. 10 plus Rs. 50 Postage Charges.
Transaction Charges Sell(Market / Off Market) - Rs. 15 + NSDL Charges, Buy - Nil.
Pledge Creation 0.02% of Market value with the minimum of Rs. 25 per transaction plus NSDL Charges Extra.
Pledge Closure 0.02% of Market value with a minimum of Rs. 20 per transaction.
Remat Rs. 15 + NSDL Charges + Postage Rs. 50 Subject to a maximum cap of Rs. 5,00,000.
Securities Lending / Borrowing Rs. 25 per transaction.
Failed Instruction Charge Rs. 10 per transaction.
Freezing / De-freezing Charge Rs. 15 per transaction.
Pledge Invocation Rs. 20 per instruction.
Delivery Instruction Slip First Book Free. Rs. 15 per book second book onwards.

 

Present NSDL - Schedule of Charges :

Activity Charges / Rate
For detailed conditions please refer below.
Sell (Market & Off Market) Rs. 5.00 per Transaction (Nil for Commercial paper and Short Term debit instrument).
Rematerialisation Rs. 10 per Certificate.
Pledge Creation / Confirmation Rs. 25 per Certificate.
  • The value of shares and charges are calculated as per NSDL formula and rates.
  • There will be a charge of Rs. 100 for dishonour of any cheque or unsuccessful attempt to recover payment through direct debit or ECS. The depository services are liable for discontinuation if TMB is unable to recover charges from the customer, for any reason whatsoever. In such cases, there will be a charge of Rs. 250 for resumption of services and the services will be resumed after a minimum of three working days from the date of receipt of request at TMB Demat Service Office at Chennai.
  • Any service that is not indicated above will be charged separately as per the rates applicable from time to time.
  • TMB reserves the rights to revise the tariff structure from time to time, with a notice of 30 days.
  • In the event of closing the demat account or shifting of the demat account from one Participant to another, the AMC collected upfront on annual basis by the Participant, shall be refunded by the Participant to the Clients for the balance of the quarter/s.
  • The above mentioned charges are exclusive of Goods & Service Tax (GST) and any other charges levied by Government Bodies / Statutory authorities, etc from time to time.

TMB gladly introduces one more facility called SPEED-e and IDeAS from Nov 23, 2006. This facility will facilitate our clients to submit delivery instructions (Debit instructions) and view their demat account maintained with us online. More complete details of this new service are available under this Speed-e and IDeAS Service Document.

The bank has entered into tie-up arrangement with M/s. Religare Securities Ltd. for opening online share trading accounts with competetive brokerage structure. For more information please visit Online Share Trading Platform.

The bank has entered into tie-up arrangement with M/s. Religare Securities Ltd. for opening offline share trading accounts with competetive brokerage structure. Note: From such Religare Trading Accounts, the bank receives 50% of the commission received from the customer.

Please click this link for answers to your questions regarding transferring MF Holdings in Demat Account. FAQ on Holding of Mutual Fund Units in Demat Accounts of our Bank.

  • Click Here Demat Account Opening Form
  • Click Here Physical Shares Dematerialisation Request Form
  • Click Here Demat Account Customer Rights and Obligations