These Two Institutions Urges Investors to Pay Annual Demat Fee by the End of Asadh

Laxmi Capital Market Limited (LAXMICAP) has urged their customers to renew their Demat account by paying the annual fee of Rs. 100.

The institution has kept Asadh end as the last date to pay this renewal fee. The institutions will freeze Demat accounts on Shrawan 01 of investors who fail to pay the annual fee within the specified date. The investors can visit nearest branches of the Laxmi Bank Limited or Laxmi Capital Market Limited. The beneficiary name and account number should be clearly mentioned while paying. The bank details are as follows:

Bank name: Laxmi Bank Limited, Hattisar, Kathmandu
Account number: 00511009968

Investors can pay via online payment portals like Fonepay/QR payment, eSewa, IME Pay and Meroshare Dashboard.

Notice

Similarly, Nepal SBI Bank Limited (SBI) has also urged their customers to renew their Demat account by paying Rs. 100 annual fee by the end of Ashadh.

The institutions will freeze Demat accounts of investors who fail to pay the annual fee by Ashadh 32. The investors can visit nearest branches of Nepal SBI Bank Limited for payment details. The beneficiary name and account number should be clearly mentioned while paying. The company has also urged the Mero Share users to renew their Mero Share accounts. The bank details for Demat and Mero Share renewal are as follows:

For Demat Renewal:
Account Number: 17695247003032
Account Name: DP-FEES/CHARGES ANNUAL OPERATION
Name of the bank holding the account: Nepal SBI Bank Limited, Kesharmahal

For Mero Share Renewal:
Account Number: 17695247003015
Account Name: DP-FEES/CHARGES ANNUAL MERO SHARE
Name of the bank holding the account: Nepal SBI Bank Limited, Kesharmahal

Investors can pay via online payment portals like eSewa, Khalti, Connect IPS, Prabhu Pay and IME Pay.

Notice for SBI