Secondary Demat account scheme on Zerodha

General
2

Hey @Amey1, No, stocks won’t get moved automatically between the demat accounts

you can easily transfer shares between accounts online through Console. The buy average gets automatically updated for stocks transferred between primary and secondary demat accounts, so you don’t need to update it manually.

What are the charges for a secondary demat account?

Account Maintenance Charges (AMC): ₹300 + 18% GST for each account separately

  • ₹300 + 18% GST for your primary account
  • ₹300 + 18% GST for your secondary account

Off-market transfer charges: ₹13 + 18% GST = ₹15.34 per transfer transaction between your primary and secondary demat accounts.

You can refer to the FAQs for the secondary demat here

You can check the discussions here

1 Like