Basic Services Demat Account (BSDA)
The facility of BSDA with limited services for eligible individuals was introduced with the objective of achieving wider financial inclusion and to encourage holding of demat accounts. No Annual Maintenance Charges (AMC) shall be levied, if the value of securities holding other than debt securities is upto Rs. 4,00,000. For the value of holdings other than debt securities between Rs 4,00,000- 10,00,000, AMC not exceeding Rs 100 is chargeable. In case of securities more than Rs. 10,00,000 regular AMC charges applicable.