Demat and Remat charges
Remat stands for rematerialisation while Demat stands for dematerialization.
Rematerialisation is the process through which you–the trader–can get your electronically held securities converted into physical certificates. You can process your request via Upstox.
The remat charges are Rs. 25 for every 100 shares or part thereof. Remat charges are subject to a maximum fee of Rs. 5,00,000 (Rs. 5 lakh) or a flat fee of Rs. 25 per certificate, whichever is higher.
Dematerialisation as the name suggests is the process through which a trader or investor can convert existing physical share certificates into electronic balances.
For Dematerialisation Rs.20/- per certificate and an additional charge of Rs.50/- per request.