How to convert the Demat account to a Basic Service Demat Account(BSDA) at 5paisa?
For converting the Demat account to a BSDA account, you need to courier the BSDA conversion form with a self-attested PAN card to our head office. Below are the details-
Head Office Address:
5 Paisa Capital Limited
Sun Infotech Park, Road No. 16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate, Thane (MH)- 400604
Note- Please be informed the BSDA conversion is subject to CDSL approval.
To download the BSDA form, click here!
What is a Basic Service Demat Account (BSDA) and how can one be opened at 5paisa?
Basic Service Demat Account (BSDA) is a Demat account which can be opened by any individual. It provides limited services at reduced costs to retail investors. The Annual Maintenance Charge structure will be based on value holdings in the accounts or ...
What is a Account Maintenance Charge (AMC) associated with 5paisa Demat account?
Demat Maintenance charges are applied for maintaining your Demat A/c with CDSL. It is known as Demat AMC (Annual Maintenance Charges). With effect from 1st January 2021, the revised charges which shall be applicable to 5paisa demat account holders ...
Demat Debit and Pledge Instruction (DDPI)
Demat Debit Pledge Instruction (DDPI) is a process through which you can pledge your securities in a Demat account as collateral to secure a margin and you may sell your purchase transaction without Sell Authorization or T-pin. A POA/DDPI is a ...
How to open a 5paisa Demat account offline?
If your mobile number is linked to the Aadhaar card, and you are a resident Indian individual then the Demat account process can be initiated online. Note- As per the regulations, new accounts cannot be opened if the PAN card number is not linked ...
How is Demat maintenance charge levied?
Demat Maintenance charges are applied for maintaining your demat A/c with CDSL. It is known as Demat AMC (Annual Maintenance Charges). With effect from 1st January 2021, the revised charges which shall be applicable to 5paisa demat account holders ...