What is BSDA? (Basic Service Demat Account)

Basic Service Demat Account (BSDA)

Basic Services Demat Account (BSDA) is just like a regular Demat account which allows an account holder to avail Demat services at no or low Annual Maintenance Charges (AMC).

Eligibility for BSDA Account

  • Individuals who have only one Demat account as a sole or first holder (across depositories). Individuals can be the second or third holder in any other Demat account(s).
  • Value of securities held in the Demat account shall not exceed Rs.4,00,000 at any point of time.
  • It is necessary to provide a mobile number and opt for SMS alert facility in order to avail BSDA.

Annual maintenance charges for BSDA (as of January 2020)

The annual maintenance charges for BSDA, as stipulated by SEBI in various situations are as follows:

Value of Debt
Securities (Rs.)
Value of other
than Debt
Securities (Rs.)
Total Value
Upto 1,00,000 Upto 50,000 Upto 1,50,000 Nil
Over 1,00,000
but less than
Over 50,000 but
less than 2,00,000
Upto 4,00,000 Maximum 100
Over 2,00,000 Over 2,00,000 Over 4,00,000 As per regular

The value of the holdings for this purpose is determined by the DP based on the daily closing price or NAV for the securities / mutual fund units. If the value of holdings in BSDA exceeds the above limit on any day, DP may change the status of the account to a regular account and levy annual maintenance charges applicable to regular accounts (non-BSDA) from that day onwards.

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