More on Demat Account
What is a Demat Account?
What is a Basic Demat Account?
What is Dematerialization?
Documents Required for a Demat Account
Where to Open Demat Account?
Is Demat Account Free?
How to Use a Demat Account?
Importance of a Demat Account
Trading Account Types
Nominee in Demat Account
Aims & Objectives of a Demat Account
Benefits of a Demat Account
Disadvantages of a Demat Account
Zerodha Offline Account Opening
Upstox Account Opening
HDFC Demat Account
ICICI Demat Account
SBI Demat Account
Kotak Demat Account
Kotak Trinity Account
Axis Demat Account
5Paisa Demat Account
IIFL Demat Account
Zerodha Demat Account
Angel Broking Demat Account
Angel Broking Account Types
Upstox Demat Account
Upstox Demat Account Charges
Upstox AMC Charges
Anand Rathi Demat Account
Reliance Money Demat Account
SAMCO Demat Account
Finvasia Demat Account
What Documents are Required to Open Sharekhan Demat Account
Why should you have a demat account
How to Open Sharekhan Demat Account
Religare Demat Account
Edelweiss Demat Account
How to Transfer fund to Sharekhan Demat Account
Geojit Demat Account
Documents Required for Opening Demat Account in Upstox
Wisdom Capital Demat Account
Fyers Demat Account
Ventura Demat Account
Motilal Oswal Demat Account
What are the Religare Demat Account Charges
IIFL Demat Account Opening
Nirmal Bang Demat Account
How to Close IIFL Demat Account
Sushil Finance Demat Account
SMC Global Demat Account
Tradebulls Demat Account
Tradejini Demat Account
My Value Trade Demat Account
Indiabulls Demat Account
Tradeplus Demat Account
Trade Smart Online Demat Account
Zeroshulk Demat Account
Astha Trade Demat Account
Prostocks Demat Account
Master Trust Demat Account
Stoxkart Demat Account
How to Open NCDEX Account
How to Open MCX Account
How to Open NSE Account
How to Open BSE Account
How to Open NCDEX Account
Groww Demat Account
ICICI Direct Account Opening
ICICI Direct AMC Charges
What Documents are Required to Open IIFL Demat Account?
Who Can Open A Demat Account
Demat Account Annual Charges
Demat Account Features
Demat Account Types
Sharekhan AMC Charges
Sharekhan Account Opening
Demat Account Transfer
IIFL Free Demat Account
SAMCO AMC Charges
Demat Account Rules
Free Demat Account in Axis Bank
SBI Free Demat Account
SBI Demat Account Opening
Prabhudas Lilladher Demat Account
SBI Demat Account Charges
Angel Broking POA Form
Can I Invest In Stock Without PAN Card?
Edelweiss Demat Account Charges
Bajaj Finserv Charges
Motilal Oswal Demat Account Charges
Stoxkart Account Opening
Angel Broking AMC Charges
Angel Broking Demat Account Charges
Bajaj Finserv Demat Account
Angel Broking Account Opening
Demat Account Open
Choice Broking Demat Account
How to Transfer Shares to IIFL Demat Account
Demat Account Charges
Demat Account Login
5 Paisa Account Opening Documents
Angel Broking Account Opening Documents
HDFC Securities Account Opening
HDFC Securities AMC Charges
5paisa Demat Account Charges
Documents Required For Minor Demat Account
5paisa Demat Account Login
Fyers Account Opening
CDSL Demat Account
NSDL Demat Account
CDSL Demat Account Opening
Prabhudas Lilladher Demat Account Charges
Sharekhan Demat Account Charges
ICICI Demat Account Opening
ICICI 3 in 1 Account
Motilal Oswal AMC Charges
ICICI Demat Account Charges
Demat Account Opening Charges
Upstox Account Opening Charges
Alice Blue Demat Account
Alice Blue Account Opening Charges
Alice Blue AMC Charges
Paytm Money Demat Account
Paytm Money Demat Account Charges
Choice Broking Demat Account Opening
Choice Broking Account Opening Charges
Choice Broking AMC Charges
Why Demat Account is Required
Best Bank For Demat Account
Tradingo Demat Account
Demat Account in IDBI
Tradingo Demat Account Opening
Bajaj Finserv Demat Account Charges
PNB Demat Account
PNB Demat Account Charges
Open Demat Account with Depository
NSDL Demat Account Opening Form
CDSL Demat Account Charges
Government Demat Account
PNB Demat Account Opening
Fisdom Demat Acoount
List of Charges for Demat Account
How to Open Anand Rathi Demat Account
M Stock Demat Account
JM Financial Demat Account
JM Financial Demat Account Opening
Benefits of Motilal Oswal Demat Account
Motilal Oswal Demat Account Opening Online
Motilal Oswal Account Opening
Kotak Demat Account Benefits
PNB or Punjab National Bank is known for offering banking and other related services for years. Other than this, the bank is known for offering
Demat account services. So, if you are looking for a reliable Demat provider then have a look at the PNB Demat Account charges.
Since PNB only offers Demat account and saving account benefits without the
trading platforms. To offer the hassle-free trading experience to its clients it has tied up with some of the renowned stockbrokers the list of which is provided below:
Geojit IDBI Bank
full-service stockbrokers have their individual identity in the stock market and offer with advanced and basic features to make the life of individual investors simple. best trading apps in India
Since it has a tie-up with another stockbroker, how does it charge fees on the Demat account?
Is it specific to the user of the
PNB Demat account or depends on the trading app chosen by the investor?
Let’s clear all the doubts by delving into detail to know the
Charges for Demat account.
Demat Account Charges in PNB Bank
As discussed above, PNB is known for offering the Demat and saving account services and thus it comes up with the specific opening and maintenance charges.
But when you do the
comparison of demat account charges, then do these charges seem high as compared to other brokers or being the nationalized bank it offers service for FREE?
Other than this, what other charges does it impose to offer other services like dematerialization charges, pledging of shares in the Demat account, etc?
Generally, these charges are generally least considered but let’s begin with the complete details to know the cost of the Demat account with the PNB.
PNB Demat Account Opening Charges
After discussing the additional charges on the PNB Demat account, let’s now find out the charges associated with PNB Demat account opening.
So, here again like many other stockbrokers, you can enjoy the benefit of opening a Demat account with a reliable depository participant without paying any charges.
Other than this by
opening a Demat account with PNB you can reap the leverage of a free trading account with the SMC Online and other stockbrokers mentioned above.
This further gives you the benefit to access their trading app for FREE!
PNB Demat Account Annual Charges
Last but not least are the Annual charges, these charges are generally meant to maintain and keep the account active.
The detailed information of the
AMC for Demat Account in PNB is given below:
As seen above, AMC charges in the PNB is
₹250/- per annum while for the Senior Citizen the stockbroker offers certain relaxation where one has to pay the amount of ₹115/- per annum.
Here, unlike other stockbrokers, one needs to pay the fees right from the first year.
So, make sure you have all the valid proof and
documents required for Demat account and reap the benefit of trading with the reliable and renowned bank of India.
So, here the PNB Demat account opening charges are zero, and further, it offers you the benefit of linking the trading account with the famous stockbrokers for FREE.
Other than this, the depository participant is registered with
NSE, BSE, and MSEI thus opening a gateway to trade across segments.
But looking at the other side, the stockbroker does not offer a direct application or has a specific identity in the stock market.
This reduces its credibility as the Demat account service provider.
So, before moving ahead, it is good to consider the pros and cons of having a Demat account with PNB.
Make a decision now and proceed further with the Demat account online.
In case, you are facing issues, get in touch with us and we will help you in opening a Demat account online for FREE!
More on Demat Account