Introducing Lifetime Demat & Meroshare Account... when you subscribe to this unique product, we will cover the renewal expenses for both Demat and Meroshare Accounts for your entire lifetime!
|Annual Meroshare Renewal Charge||Rs. 50|
|Annual Demat Account Renewal Charge||Rs. 100|
|Total Annual Renewal Charges||Rs. 150|
|Average age of Investor Entry||25 years|
|Average Lifespan of a Nepali||70 years|
|Average No. of Active Investment||45 years|
|Total Cost of Annual Renewal Charges||Rs. 6,750|
|Price of Lifetime Demat & Meroshare Account||Rs. 2,022|
Demat Account is an account where the records of your investments in stock markets are kept. This account holds details of all your stock purchases (either from IPO, FPO or secondary purchases), mutual funds and other stock market products like debentures.
Meroshare Account is an information portal to your connected Demat Account. It shows all the stock records and transactions from a linked Demat Account. You can also apply for new issues (IPO, FPO) of new stocks, mutual funds or debentures from a Meroshare Account.
Because of this, a Meroshare account not only needs to be linked with a Demat Account, but also with your C-ASBA bank account.
We understand the frustrations that you could have when you are not able to trade to meet your certain investment objectives just because of an unpaid Demat or a Meroshare Account.
We will renew your Demat Account at the beginning of each Fiscal Year (before it is due) and renew your Meroshare Account 15 days before the Meroshare expiry.