[Resolved]  Angel Broking Demat Account — AMC charges it was told free for first year.

Address:

Mumbai City, Maharashtra

I had opened Demat A/c from Angel Broking Ltd in March 2012 on a condition that no charges will be levid on my account for first year and on behalf they have asked me to give Rs.25000 as a margin cheque for 15 days. I had given the margin cheque of Rs.25000/- for 15 days. Now they have levid AMC Charges and asking me on 10-Sep-12 to pay Rs.434.61/- by 13-Sep-12 otherwise your account will get liquidated. I spoke to their executive for reason of leving the charges. They are telling that you have not traded till yet. So this charges are levid on your account. This things were not told to me during the opening of the account. There was commuciation gap which they have maintained with me during opening the Demat account. Relationship manager name was Ajay and now he has left the job. I am having my account with Fort Branch, Mumbai.