Siddartha Capital and Civil Capital urge investors to pay annual Demat fee by the end of Asadh

Siddhartha Capital Limited and Civil Capital Market Limited have both urged their customers to renew their Demat account by paying the annual fee of Rs. 100.

Both institutions have kept Asadh 31 as the last date to pay this renewal fee. Investors can directly pay the capital market at their respective offices or via the nearest branch of respectively associated banks.

The institutions will freeze Demat accounts of investors who fail to pay the annual fee within the specified date.

To avoid possible physical contamination at the height of the Covid-19 Pandemic, investors can also pay via online payment portals like IME Pay, eSewa, Khalti, Connect IPS, and Cell Pay. Physical distancing is recommended if visiting the banks is necessary.

Additionally, both institutions request Mero Share users to renew their Mero Share accounts within a year of account activation to avoid default Mero Share deactivation if they haven't done so.