Charges/Tariff* for Demat Services

 

 

A/c’s of Individuals

A/c’s of Corporates

Annual Charges

Rs.250/-

Rs.800/-

Dematerialisation

Rs.2/- per certificate min of Rs.10/- plus postage charges.

Rs.2/- per certificate min of Rs.10/- plus postage charges.

Rematerialisation

Rs.25/- per certificate plus postage

Rs.25/- per certificate plus postage

Pledge/Unpledge/ invocation

Rs.50/- per ISIN

Rs.50/- per ISIN

Transaction:  Per Debit Transaction

Rs.20/-

Rs.20/-

Delivery Instruction Book

Rs. 1 per leaf

Rs.1 per leaf

Cheque Return Charges (for Non Customer)

Rs.25 per cheque/per incidence of return

Rs.25 per cheque/per incidence of return

Statement Charges

One monthly statement free. Additional statement @ Rs5/- per page

One monthly statement free. Additional statement @ Rs.5/- per page

 

 

                                *Subject to change

 

 

 

 

 

Note: Details on Charges/tariff in respect of accounts of Clearing Member may be obtained from designated branches.


All the above charges are exclusive of Postage, other charges, Service Tax or surcharge, if any, stipulated by Government Bodies / Statutory Authorities from time to time.

                  

Depository Customer has to provide a debit authorization for recovery of depository fees.

                  

Annual maintenance charges are non-refundable and are levied upfront for a period of one year at the beginning of the financial year

                  

Value of transaction will be in accordance with rates provided by the Depository

                  

All the instructions for transfer must be received at the designated branches of the bank latest by 4.00 pm for the next day's pay-in.

                  

The Billing/ Recovery interval of the charges is at the sole discretion of Karnataka Bank Ltd.

                  

All instructions for transfer must be received at the designated branches of the bank at least 1 day before the 'execution' date. Same day execution / late instructions will be accepted on a "best effort basis" at the sole risk and responsibilities of the BO [account holder(s)]. The bank will not be held responsible for non-execution of any "same day" instruction. The bank also reserves the right to charge additional fee/s for processing 'same day execution' instructions.

                  

Please note that in case we are unable to recover charges due to inadequate balances in the bank account / invalid bank account /inadequate advance deposit, the bank reserves right to " freeze" depository account for "debit transaction".

 

Any non-Customer (i.e. the one not holding any regular operative account with our bank) has to keep with us a refundable, interest free, Advance Security Deposit of a sum of Rs.5000/-

                  

Any other charges specified by CDSL/or by the Bank from time to time.