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My Portfolio:

Advantage AxisDirect

Currently there is no provision to send an intimation to the customer if their accounts lose the BSDA facility, however, the conditions for an account to be BSDA are as follows:


1) All the individuals who have or propose to have only one demat account where they are the sole or first holder.

2) Individuals having any other demat account/s where they are not the first holder shall be eligible for BSDA in respect of the single demat account where they are sole or first holder.

3) The individual shall have only one BSDA in his/her name across all depositories.

4) Value of securities held in the demat account shall not exceed Rupees Ten Lakhs at any point of time.


If any of the above conditions are not met you lose BSDA facility and your account is treated as a Normal account wherein the DPcharges would be charged to your account as a normal retail account:


Click Here to view the Schedule of Charges of a retail account.


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