Account opening and demat amc

[Bhuvan]

@NewbeeTrader

I have opened new account on Feb 2018 and paid 300₹. I thought this amount was for 1year demat AMC charge. Last week I got charged 118₹ towards demat AMC. So I paid this 300₹ just for 2 months?

The Rs 300 you paid when you opened an account was the account opening fee. AMC is charged on a pro-rata basis at the end of the financial year. More here.