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. Annual Maintenance Charge structure will be based on value holdings in the accounts or as per the number of accounts he holds in multiple depositories. It will be charged
as per below mentioned conditions:
value of securities in demat Account shall not exceed 2 lakhs at any point of
time. If the value of holding in BSDA exceeds Rs. 2,00,000, he will
automatically move to Full Service Demat Account (FSDA) where broker may
levy charges as applicable to regular accounts i.e. Rs. 25 + 18% GST
from that time on wards.
But, if BSDA customer
holds A/c for more than 1 depository, irrespective of the holdings he will be
charged flat Rs. 25 per month + 18% GST. For more understanding, please refer
the above table.
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 ...
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