The Demat Account That Charges Small Investors Nothing

BSDA charges zero annual maintenance up to ₹4 lakh in holdings, ₹100 between ₹4-10 lakh.

SEBI raised the eligibility ceiling from ₹2 lakh to ₹10 lakh from 1 September 2024.

You can hold only one BSDA across NSDL and CDSL, and it must be your only demat as sole/first holder.

Cross ₹10 lakh and it auto-converts to a regular account, with normal AMC kicking back in.

Most brokers won't switch you automatically — you usually have to ask in writing.

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