Sharekhan — Wrong and Illegal AMC charges applied on dormant account

Address:

Mumbai

I have opened DMAT account with Sharekhan in 2017. While opening the account agent told me that first year it's completely free and from second year onwards you need to pay some commission only when you do trading in stocks, also it will be completely free for mutual funds. He didn't mention anything about annual maintenance charges. I have not even used my account for any trading except single share one time in 2017.Now they have claimed AMC charges of INR 1947.48/- May'21 DP Bill. My account was not being in use and was dormant or temporarily blocked. Also, while opening the account, the agent came to my office and asked to do some signatures on document, which doesn't include details of annual maintenance charges. Please waive off my AMC charges and close the account.