DP A/c with zero balance

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^^^ AJIT ^^^ (Querist)
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12 November 2009 Is any minimum balance of securities required to be maintained by a DP A/c holder like that in a Saving Bank A/c? If not, whether usual annual service/maintenance charges be applicable for a DP A/c having nil (zero) balance of securities or the charges be waived off proportionately for the period during which the DP A/c bears nil or zero balance?

Aditya Maheshwari

Aditya Maheshwari (Expert)
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13 November 2009 zero balance allowed. usual annual service/maintenance charges be applicable for a DP A/c having nil (zero) balance of securities also.

^^^ AJIT ^^^

^^^ AJIT ^^^ (Querist)
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15 November 2009 Thanks a lot Expert Sir.

Regards

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