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 Dematerialisation, the charges are ₹20/- per certificate and an additional charge of ₹50/- per request.
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.
The Remat charges are ₹25 for every 100 shares or part thereof. Remat charges are subject to a maximum fee of ₹5,00,000 or a flat fee of ₹25 per certificate, whichever is higher.
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