indiainfoline demat account closure

98°
Deal Cadet
samba113

I have old demat account which is 10 years old and always not in active state.I asked closure request now they asking 30k as demat charges.


Anyone has any idea how to close this account.


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Deal Cadet Deal Cadet
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Do you have any shares holding with them? If not then keep as it is.

Deal Cadet Deal Cadet
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I don't have any shares. They keeping add annual charges every year right?

Deal Major Deal Major
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samba113 wrote:

I don't have any shares. They keeping add annual charges every year right?

had u opened at the time of reliance power IPO

they had sent a notice regarding AMC charges being started by them you should have closed that time only to avoid these late penalties
Deal Subedar Deal Subedar
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Aap bhul jao, pay karne ki jarurat nahi. Jitna add karna hai kare aap bas ek mail bhej do ready to pay only amc and ready to close my account kindly treat this mail as closure request 

Hunk Hunk
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samba113 wrote:

I don't have any shares. They keeping add annual charges every year right?

Then forget about this demat account. It's already dormant. Get another low cost demat account and invest that 30000 in good stocks. 😀🐒

Helpful Helpful
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bikidas2060 wrote:

Then forget about this demat account. It's already dormant. Get another low cost demat account and invest that 30000 in good stocks. 😀🐒

Is their AMC 3000/year ?? 😳

Comrade Comrade
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Can't they do something like filing a case then why are they even doing these things to push there customers away

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