https://www.desidime.com/comments/permalink/10378678
I Think Quarterly AMC Charges.
Zerodha Negative Bal. -29.5 charge
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Suddenly -29.5 bal is reflecting into my zerodha account, I don't use this app anymore. No trade since 2 years. Can anybody tell me what it is? the statement doesn't clarify the transaction, it mentions NA.
Update
The NA in particular has changed to "Address modification charges" but I haven't requested any address change!
Update
The NA in particular has changed to "Address modification charges" but I haven't requested any address change!
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https://www.desidime.com/comments/permalink/10378712
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https://www.desidime.com/comments/permalink/10378726
These are AMC charges charged quarterly. I have faced this couple of times. If I keep balance, they settle down back to bank account frequently and then deduct this amc charges which turns balance to negative, on top of that they have charged interest/fine on that also. Mostly these are around 88-100 rupees per quarter
https://www.desidime.com/comments/permalink/10378785
That's daylight robbery. Any workaround without account closure? I have heard they can't charge us unless one is trading past a certain amount.
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https://www.desidime.com/comments/permalink/10379709
Update
Ok now I can see the statement which has changed from NA to "Address modification charges" but I haven't requested any change in address!
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These are AMC charges charged quarterly. I have faced this couple of times. If I keep balance, they settle down back to bank account frequently and then deduct this amc charges which turns balance to negative, on top of that they have charged interest/fine on that also. Mostly these are around 88-100 rupees per quarter