Citibank Demat Account Charges & Features

Citibank Demat Account is an efficient way of guarding your shares and other eligible securities, by holding them in an electronic, Dematerialised form.

Citibank Demat Account Opening Charges – Nil
Annual Maintenance Charges* – Rs. 250
Transfer-in (On-market and Off-market) – Nil
Transfer-out (On-market and Off-market) – 0.06% (Min. Rs. 17)
Custody Charges – Nil
Dematerialisation – Rs. 50 per Demat request
Rematerialisation – Rs. 50 per Remat request
Transaction cum Holding Statement – Monthly free (if there are transactions
in the account, else quarterly)
Pledge Closure – 0.02%
Pledge Invocation – Nil

Citibank Demat Account Features

Integrated with your Citibank Account
The Demat Account is integrated with your Citibank account. This helps in receiving automatic credit of dividend to your Bank account.

24 hours access to the account on all days
View the Demat Account details at any time on Citibank Online.

Online Demat Transactions
The Citibank Demat Account also allows you to transact online – using Citibank Online and/or CitiPhone. Transfer the shares to any broker or any other beneficiary Demat Account of your choice*. Check the status of your transactions online and cancel the instructions There are no additional costs for such transactions.

Alerts
Get instant alerts on your mobile phone or on E-mail for Demat transactions initiated through Citibank Online or CitiPhone.

Providing Liquidity
Need immediate funds? Don’t want to sell your investments? Avail an overdraft against select approved securities in your Demat Account. You get a special rate of interest if your Demat Account is with Citibank.

Share Gateway for Online Trading
Use the Share Gateway online connectivity with kotakstreet.com and block/transfer shares. Go ahead and sell these shares using their online trading facility.

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