What if I don't pay AMC charges?

AMC charges are a vital aspect of maintaining a Demat account, and it is crucial to understand the implications of non-payment. In the event that you fail to pay the AMC charges, your account may be declared dormant. This means that you will no longer be able to access your shares or make any transactions until the outstanding charges are settled.

A common question among Demat account holders is whether they need to pay AMC charges even if they don't hold any shares in their account. The answer to this question is yes, paying AMC charges is mandatory regardless of whether there are any shares in your account or not. These charges are levied to cover the costs associated with maintaining and managing your Demat account.

It's important to remember that AMC charges are not just a one-time fee but an annual fee that you must pay to keep your account active. Even if you haven't made any transactions or held any shares in your account during the year, you are still obligated to pay the AMC charges.

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