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In order to open a Portfolio Scheme Account, you also need to pay certain fees. In this section we walk you through the Portfolio Investment Scheme Account fees and charges. The table below should give you an idea of the Portfolio Investment Scheme fees and charges. In case you have any queries about the Portfolio Investment Scheme Account charges, please feel free to get in touch with us.
| Fees and Charges (w.e.f. 01/05/2014) | |
|---|---|
| PIS Issuance Charges | Rs. 1,000/- * |
| PIS Account maintenance charge | Rs. 1,500/- # |
| Reporting charge | Rs 150/- will be levied per trade date - separate for purchase and sale irrespective of transacted quantity or value^ |
*Issuance charge waived off for Priority Banking, Wealth and Privee customers.
^Reporting charge of Rs 100/- will be levied per trade date - separate for purchase and sale irrespective of transacted quantity or value for wealth customers. Reporting charge of Rs 75/- will be levied per trade date - separate for purchase and sale irrespective of transacted quantity or value for Privee customers.
For further details, download the Schedule of charges for NRI accounts
Mahesh is a Non Resident Indian (NRI) living in the UK. He is doing well in the business that he set up there....
