How to convert the Demat account to a Basic Service Demat Account(BSDA) at 5paisa?

How to convert the Demat account to a Basic Service Demat Account(BSDA) at 5paisa?

To convert your Demat account to a Basic Services Demat Account (BSDA) at 5paisa, follow these steps:

Download the BSDA Conversion Form: 

  • Visit 5paisa's website or use the provided link to download the BSDA conversion form.

Fill Out the Form: 

  • Complete the BSDA conversion form with accurate information.

Attach Self-Attested PAN Card Copy: 

  • Make a self-attested copy of your PAN card.
  • Attach it to the BSDA conversion form.

Courier the Documents:

  • Send the BSDA conversion form along with the self-attested PAN card copy via courier to 5paisa's head office address provided below.


Head Office Address: 

Address the courier to:

5 Paisa Capital Limited

Sun Infotech Park, Road No. 16V, Plot No.B-23 Thane

Industrial Area, Wagle Estate, Thane (MH)- 400604

 

Note on Approval: 

  • Please be aware that the BSDA conversion is subject to Central Depository Services Limited (CDSL) approval.

Follow Up: 

  • After mailing the documents, follow up with 5paisa to ensure they've received your BSDA conversion request.
  • Stay in touch with their customer support for any updates or queries regarding the status of your request.

By following these instructions and providing the necessary documents, you can initiate the process of converting your Demat account to a BSDA account with 5paisa.



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