Demat stands for dematerialization. Dematerialization as the name suggests is the process through which a trader or investor can convert existing physical share certificates into electronic shares.

For dematerialization, the applicable charges are ₹200 per share certificate, plus ₹50 for courier services, along with 18% GST. 


Remat stands for rematerialization. 

Rematerialization is the process through which you, the trader, can get your electronically held securities converted into physical certificates by processing your request via Upstox.

For rematerialization (remat), charges are calculated as follows:
  • ₹25 is charged for every 100 shares (or part thereof).
  • For larger volumes, the total remat charges will be capped at ₹5,00,000.
Alternatively, if the charge per certificate is higher than the above calculation, a flat fee of ₹25 per certificate will apply.


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