Angel One charges no Annual Maintenance Charge (AMC) for the first year. From the second year onward, non‑BSDA Demat accounts are charged ₹60 + GST every quarter (₹240 + GST/year). BSDA accounts are free if holdings are under ₹4 lakh and charged ₹100 + GST/year if holdings are between ₹4–10 lakh.

What is the AMC after the first year?

Non‑BSDA accounts are charged ₹60 + GST every quarter, totaling ₹240 + GST per year. This fee applies from the second year onward. BSDA accounts have lower charges, depending on portfolio value. :contentReference[oaicite:0]{index=0}

Is the first year AMC really free?

Yes, the first year is completely free for all Demat accounts. AMC charges begin only from the second year. :contentReference[oaicite:1]{index=1}

What is BSDA and its AMC?

BSDA (Basic Services Demat Account) is a low-cost account for small investors. If your holdings stay under ₹4 lakh, AMC is free. If holdings are between ₹4–10 lakh, AMC is ₹100 + GST per year. :contentReference[oaicite:2]{index=2}

How much is AMC per year for non‑BSDA accounts?

For non‑BSDA accounts, quarterly AMC is ₹60 + GST, which adds up to ₹240 + GST annually. :contentReference[oaicite:3]{index=3}

Can I avoid AMC completely?

Yes, if you open a BSDA and keep holdings under ₹4 lakh, you will not incur any AMC. Also, first year is free for all account types. :contentReference[oaicite:4]{index=4}

Where can I check AMC charges in the app?

You can view AMC charges in the Angel One app under: Account → Trades & Charges → Other Charges. It shows your current status and billing. :contentReference[oaicite:5]{index=5}